State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG carrier to be delivered as part of its historic LNG fleet expansion program. On February 23, the company said it had named the first vessel “Rex Tillerson” in recognition of the former Chairman and Chief Executive Offic
Swiss renewable energy company Axpo has become a shareholder in compatriot H2Uri AG, a company building the first green hydrogen production plant in central Switzerland. The hydrogen produced at this plant will be used to power the first hydrogen passenger vessel operated by Lake Lucerne Navigation
The Maritime and Port Authority of Singapore (MPA) has shortlisted a total of 11 passenger launch and cargo lighter vessel designs submitted by seven companies and consortia for the full electric harbor craft (e-HC) program.
The Export-Import Bank of Korea (Korea Eximbank) has signed a Memorandum of Understanding with Germany’s KfW IPEX-Bank in Frankfurt to boost high-tech innovation and fortify supply chains.
Flex LNG, the owner and operator of LNG carriers, has received a notice that the charterer of its vessel Flex Courageous will exercise the first extension option. Together with Flex Resolute, Flex Courageous was fixed on a three-year time charter on November 1, 2021, with the contract commencing in
Swedish electrofuel developer Liquid Wind, together with its partners Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has launched the eFuel Design & Performance Center (DPC) in Hørsholm, Denmark. The launch of DPC builds on Liquid Wind’s partnership formed in 2020 and the recently announced p
Germany’s KfW IPEX-Bank has decided to support Smyril Line’s recently announced fleet-renewal program with a financing of €90 million.
Japan’s IHI Corporation and Singapore’s ST Engineering have signed a memorandum of understanding (MoU) on the joint promotion of smart and sustainable solutions. Specifically, under the MoU, the two parties will explore the application of their smart and sustainable solutions in new use cases and ma
Danish engineering company Eltronic FuelTech has launched a new system for supplying fuel from tanks to engines of methanol-powered ships. According to the company, the system can reduce costs and save energy for shipping companies while enhancing safety. In the wake of the naming of Laura Maersk, A
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s X‑DF‑A ammonia-fueled engines.
Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has taken delivery of its first specialized biofuel bunker barge, Marine Future, in Singapore, bolstering its position in Asia’s biofuel bunker market. Built in China, the vessel is 102.6 meters long and can carry abou
Oslo-based shipowner Norwegian Car Carriers (NOCC) has entered into an agreement with CIMC Raffles Shipyard in China for the construction of two LNG dual-fuel car carriers.
Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage, as well as sharing technical information and
Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable.
