U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-powe
Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu
The government of Brazil has joined the Clean Energy Marine Hubs Initiative (CEM Hubs), an international public-private platform between energy, maritime, shipping and finance communities.
Crowley’s eWolf, the first all-electric ship assist tug in the U.S., has commenced sea trials along the U.S. Gulf Coast, the company confirmed on social media. The ship is being built by Master Boat Builders’ (MBB) shipyard in Coden, Alabama, and is expected to be delivered in 2024. eWolf will suppo
Starting in fiscal 2024, Japanese shipping company NYK plans to launch full-scale trials of the long-term use of biofuels in navigating its existing heavy oil-fired vessels. Biofuels are produced from biological sources (biomass), such as waste cooking oil, and are considered to have net-zero CO2 em
German liquefied gas systems provider TGE Marine has won a supply contract for Northern Lights’ liquified CO2 (LCO2) carrier.
Japan’s Mitsubishi Gas Chemical Company (MGC) has signed a memorandum of understanding (MoU) with the City of Yokohama and shipping giant Maersk to promote the use of green methanol at the Port of Yokohama. On December 27, MGC announced the signing of the MoU which aims to decarbonize international
On January 1, 2024, German energy operator RWE will hand over the LNG infrastructure built in Brunsbüttel to the federally-owned operator Deutsche Energy Terminal (DET), around ten months after the first LNG import flow. DET is the authorized operator of the floating storage and regasification unit
There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nation’s first indigenous floating LNG project. Under the agreement, which was hailed as a significant milestone in the development of the proje
Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. CIP will develop the H
South Korean shipbuilding major Samsung Heavy Industries (SHI) has won a 310.8 billion won ($240 million) contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the
On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are
Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party
