McDermott has won a “major” contract with Qatargas to deliver engineering, procurement, construction, and installation (EPCI) for a subsea pipeline and cable project. McDermott will deliver EPCI for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project
Members of the European Parliament (MEP) have adopted new rules on cleaner maritime fuels, which are part of of the Fit for 55 in 2030 package, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and to decarbonise transport.
The first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping, MAN Energy Solutions announced. The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil
Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to
LNG Shipping, a joint venture between Victrol and Sogestran, has launched Energy Stockholm, a liquified natural gas (LNG) bunker barge which will be chartered to Shell LNG B.V(Shell).
French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry & Co (DSIC) for the tank design of two liquefied natural gas carriers (LNGCs). The order, received in the second quarter of 2023, came on behalf of CMES LNG Carrier Investment INC. GTT
KEYS Bunkering West Japan Corporation (KEYS), a joint venture established by Kyushu Electric Power Co., NYK Line, Itochu Enex Co., and Saibu Gas Co., has launched its newest liquified natural gas (LNG) bunkering vessel.
US-headquartered LPG shipping company Dorian LPG has taken delivery of the 2023-built dual-fuel LPG carrier Cristobal, the third dual-fuel LPG carrier to join the Dorian LPG fleet on long-term time charter with purchase options. The 86,000 cbm VLGC was built by South Korea’s Hyundai Samho Heavy Indu
Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t
Korea Maritime Consultants Co., Ltd. (KOMAC) has secured approval in principle (AiP) from the American Bureau of Shipping (ABS) for its design of an ammonia-fueled containership. The 3,600-TEU vessel design aims to address what KOMAC forecasts will be as an increase in the market need for small-scal
The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to invite interested parties to submit proposals to design and promote adoption of full-electric harbour craft (e-HC) in Singapore.
German-based engineering company thyssenkrupp has floated its hydrogen business thyssenkrupp nucera on the Frankfurt Stock Exchange (Prime Standard), supporting the company’s growth in the hydrogen market. Specifically, the gross proceeds from the IPO of around €526 million will go to thyssenkrupp n
China Classification Society (CCS) has granted the first approval in principle (AiP) for ammonia and methanol valves in South Korea.
Saudi Arabia and France have agreed to strengthen their cooperation in the field of energy, acknowledging that energy is one of the main pillars of their mutual long-term partnership. The two countries affirmed their commitments by signing a Memorandum of Understanding (MoU) on 2 February 2023. Both
