U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG have formed a joint venture (JV) to develop, construct, and operate the first dedicated LNG bunkering facility in the Galveston Bay area. The initial investment for the facility is approximately
Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, signed a contract with Chinese Huanghai Shipbuilding Co. for up to eight low-carbon multipurpose vessels (MPVs).
Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) has built the midsize LNG car
Hy24, the world’s largest clean hydrogen fund, has made a new investment in InterContinental Energy, a company developing large-scale green hydrogen projects, to accelerate the deployment of the company’s portfolio of projects and contribute towards its vision to scale the green hydrogen economy and
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco
Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner
MAN Energy Solutions (MAN ES) has secured its first order for six small-bore, seven-cylinder 21/31DF-M GenSets, designed to operate on methanol. The milestone order is part of the construction project for two 9,300 car equivalent unit (CEU) Pure Car and Truck Carriers (PCTCs) destined for China Merc
Swiss marine power company WinGD has received the first-ever approval in principle (AiP) from Lloyd’s Register (LR) for its two-stroke engines fueled with ammonia. According to WinGD, LR’s approval for the X-DF-A dual-fuel range will give shipowners assurance they need to realize vessels using ammon
China’s Hudong-Zhonghua Shipbuilding has completed the ‘two-in-one’ (regular and gas) trial in five and a half days for the 174,000 cubic meter large liquefied natural gas carrier (LNGC) built by the company for China State Shipbuilding Corporation (CSSC) Shipping Leasing, setting what is said to be
China Classification Society (CCS) has issued factory approval and product certificates for the marine methanol dual-fuel boilers developed by CSSC Jiujiang Marine Equipment (Group) Co.
Swiss energy storage solutions provider has secured a contract with Norwegian system integrator Brunvoll Mar-El for the electrification of a conventionally powered Norwegian ferry. Leclanché said it was selected by Brunvoll to support the retrofit of the MF Rygerbuen passenger and vehicle ferry into
Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract for the construction of eight methanol-powered 9,200 TEU containerships.
Greek dry bulk shipping company Diana Shipping has signed a letter of intent to procure two 81,200 dwt methanol dual-fuel Kamsarmax dry bulk newbuilds. These vessels, with a purchase price of US$46 million each, will be constructed at Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chines
While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship
