Hydrogen Canada Corporation (HCC) has closed its C$10 million seed round financing and signed a letter of commitment on an offtake agreement with South Korea-based E1 Corporation (E1), to develop a low-carbon hydrogen/ammonia supply chain from Western Canada to South Korea and other Asian markets. I
Japanese shipping company NYK has started the conversion of the liquefied natural gas (LNG) fueled tugboat Sakigake to an ammonia-fueled tugboat at Oppama factory of Keihin Dock Co.
Malaysian shipping company MISC Berhad (MISC) has signed binding heads of agreement (HOA) with Pengerang LNG, a subsidiary of PETRONAS Gas Berhad (PGB), for an LNG floating storage unit (FSU) to be deployed at the PETRONAS LNG regasification terminal Pengerang in Johor, Malaysia. Under the agreement
Stamford Shipping, a Singapore-based shipowning, commercial, and investment management group, and Copenhagen-based Green Marine Group have entered into a joint venture to explore investment opportunities in methanol-powered ships. The JV sets out on a mission to build and manage, both commercially a
Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have welcomed the launching of the first vessel intended for their joint venture FureBear. The vessel, named Fure Vanguard, is the ninth sister ship in the Vinga class and the ship was officially launched at C
The state-owned operating company Deutsche Energy Terminal (DET), responsible for the marketing and operation of the four LNG terminals (FSRU) on the German North Sea coast, has for the first time marketed regasification capacities of the terminals in digital auction rounds. On a total of six market
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of its second LNG dual-fuel very large crude carrier (VLCC) for a long-term charter to Shell. The vessel named Eagle Ventura is the sister vessel to the Eagle Vellore, which was handed
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has concluded the first phase to secure the concession for a large site for green methanol production with the port of Huelva in Spain. After signing a framework agreement
PetroVietnam Gas Corporation (PV Gas) has held an inauguration ceremony at the Cai Mep Industrial Park, Phu My Town, Ba Ria-Vung Tau, Vietnam, for the Thi Vai LNG terminal. According to PV GAS, the Thi Vai LNG terminal officially being put into operation is the ultimate result of the company’s effor
Hong Kong-based ship manager Wallem Group has welcomed into its fleet two dual-fuel vessels, Angleviken and Askviken over the past few months. The two 110,000 dwt LR2 tankers, delivered by Guangzhou Shipyard International, are owned by Viken Shipping from Norway. They can run on both heavy fuel oil
Japanese company Mitsui & Co. has signed an agreement with the Fukui prefectural government and Hokuriku Electric Power Company to conduct a joint feasibility study on the development of a hydrogen and ammonia supply chain using floating storage and regasification unit (FSRU) in the port of Tsuruga.
UK-based wind propulsion company Anemoi Marine Technologies has entered into a joint design cooperation deal with Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group for the design of rotor sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Contopoulos, Chi
Bord Gáis Energy, part of Centrica plc, has joined ESB and dCarbonX on the Kestrel project which proposes the re-development of decommissioned gas reservoirs at the Kinsale Head gas field offshore Ireland for large-scale green hydrogen storage. ESB and dCarbonX, an associate company to Snam, have be
Finnish shipbuilder Rauma Marine Constructions (RMC) has held a launching ceremony for Spirit of Tasmania IV, a liquefied natural gas (LNG)-powered car and passenger (RoPax) ferry built for Tasmanian TT-Line Company.
