Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertiliser company Yara International, and marine fuels trader Bunker Holding Group have signed a memorandum of understanding (MoU) to collaborate on the development of the market for clean ammonia as a shipping fuel. The MoU will see the two compa
Concrete has been poured for the construction of a floating tugboat maintenance facility that is set to be the home base for the “greenest tugboat fleet in the world,” Canadian shipowner Seaspan informed. HaiSea Marine, majority owned by the Haisla First Nation in partnership with Seaspan, contracte
US-based Venture Global LNG and Germany’s Securing Energy for Europe (SEFE) have entered a long-term sales and purchase agreement (SPA) under which SEFE’s subsidiary WINGAS will purchase 2.25 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project,
BW Batangas, a floating storage and regasification unit (FSRU) that will be deployed at First Gen Corporation’s LNG import terminal in the Philippines, has arrived in Batangas. According to First Gen’s social media update, the FSRU arrived in Batangas Bay on 16 June. Prior to this, BW Batangas under
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) and energy company Chevron Singapore have inked a Memorandum of Understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry.
There are some components in the energy industry, which are being largely overlooked during the transition to low-carbon and green sources.
The Netherlands and Namibia have formed a partnership to cooperate on green hydrogen infrastructure that will lead to new hydrogen supply chains from Lüderitz to Rotterdam and its hinterland. Namely, the Port of Rotterdam, Gasunie, Invest International, the Government of the Republic of Namibia (GRN
The construction of new multi-fuel and zero-carbon ready Aurora-class vessels of Norwegian RoRo shipping company Höegh Autoliners is progressing ahead of schedule, the company said in an update. The company’s Chief Operating Officer, Sebjørn Dahl, recently returned from a visit to China Merchants He
New Joint Forum, an initiative that will foster a dialogue between industry leaders and investors to advance decarbonisation with clean hydrogen and derivatives, has been launched. The Joint Forum was launched on 22 June by the Hydrogen Council, a global coalition of CEOs with a united vision and lo
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately
Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise ship being built at Meyer Turku shipyard situated in Turku, Finland, has completed the first round of sea trials. Meyer Turku revealed in a brief social media update that the Icon of the Seas returned to the shipyard on 22 Ju
A group of fuel production stakeholders, including H2Carrier and MAN Energy Solutions, has called on the International Maritime Organisation (IMO) to develop policies that incentivize the production and adoption of sustainable fuels.
Danish shipping company Norden has placed a newbuilding order for six Supramax dry cargo vessels with Dalian COSCO KHI Ship Engineering (DACKS), a joint venture between COSCO Shipping and Kawasaki Heavy Industries. The 64,000 dwt vessels are slated for delivery in the next two to three years. “Placi
Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro
