On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. The ship left for Shanghai Port where it was put in operation as an integral part of Shanghai Port Clean Energ
In a pioneering feat of engineering, Northern Lights, a joint venture company of energy giants Shell, Equinor, and TotalEnergies, shared a new milestone in the construction of the company’s liquefied CO2 (LCO2) carriers. Namely, the company’s first two vessels have been installed with custom-built 7
Dutch engineering company H2SEA, in cooperation with the Delft University of Technology (TU Delft), has performed an assessment of monopile-based support structures for hydrogen-producing offshore wind turbines. H2SEA says that one of the main questions was if decentral hydrogen production on a mono
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a construction contract for two liquified petroleum gas (LPG)/ammonia carriers. The deal, valued at KRW 315 billion ($235 million), was signed with undisclosed shipowners in the Oceania region. Samsung said that the two VLACs are schedu
LNG shipping company Flex LNG has secured an extension of the charter of its LNG carrier Flex Resolute that will keep the vessel on a fixed-hire contract until at least the first quarter of 2027. The 2020-built Flex Resolute was fixed on a three-year time charter on November 1, 2021, with the commen
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading
Proman and Bahri ink a five-year agreement for Bahri Chemicals, a Bahri arm, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally.
The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India.
Spanish EPC contractor Técnicas Reunidas has completed the engineering design for the hydrogen and blue ammonia plant co-developed by Canada’s Pembina Pipeline Corporation and Japan’s Marubeni Corporation in Alberta, Canada. Under the contract awarded last year, Técnicas Reunidas carried out the pre
Dong Kwan Kim, Vice Chairman of South Korean business conglomerate Hanwha Group, has unveiled a new vision for the decarbonization of shipping and introduced Hanwha’s plans to build a zero-emission gas carrier at the 2024 World Economic Forum (WEF) meeting in Davos, Switzerland.
Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. According to COSCO, the project is China’s
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil
Neste and partners have concluded a three-year e-fuel research project demonstrating high-temperature electrolysis (SOEC), carbon capture, and hydrocarbon synthesis technologies and covering all parties in the value chain from carbon capture to green hydrogen and fuel production, logistics, and user
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
