Denmark-based shipping giant A.P. Moller – Maersk (Maersk) is ready to make pioneering moves in the shipping industry with the retrofit of an existing container ship to a dual-fuel methanol-powered vessel scheduled for 2024. The company revealed that the first engine retrofit in the industry is to b
Seven Japanese companies have completed the trial using liquefied bio-methane (LBM) derived from cattle manure as a marine fuel on the domestic liquefied natural gas (LNG) fueled vessel Ise Mirai in Ise Bay.
Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi
Neste Corporation, Gasgrid Finland, Helen and Vantaa Energy have joined forces and started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region in Finland. Neste said the industrial hydrogen valley would combine infrastructure, storage and transmission of ren
Danish investment company J. Lauritzen is expanding its partnership with Swiss freight trader Cargill by adding a third methanol dual-fuel 81,200 dwt Kamsarmax bulk carrier to their existing order of two vessels. The vessels are capable of trading with zero carbon emissions when powered by green met
State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. The LNG sales and purchase agreement (SPA) between the two parties
Engineering and technology company Technip Energies has introduced Canopy by T.EN, an integrated suite of flexible and modular post-combustion carbon capture solutions, powered by Shell CANSOLV CO2 Capture System. The suite builds on the recently launched Capture.Now, a strategic platform that bring
UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has taken delivery of a newbuild LNG dual-fuel very large crude carrier (VLCC). The vessel named Hafeet was built by Hanwha Ocean, formerly known as Daewoo Shipbuildin
Finnish technology group Wärtsilä has published a new whitepaper on the potential of Power-to-X (P2X) fuels for power generation. An in-depth study in the whitepaper entitled “The feasibility of Power-to-X fuels for power generation” examines the entire value chain of P2X fuels, analyses cost predic
The subsea ammonia storage unit, a part of a joint development project (JDP) that includes the American Bureau of Shipping (ABS), NOV Subsea Production Systems, Equinor, the Research Council of Norway and the Net Zero Technology Center, has entered its final phase of testing. The 200-cubic-meter pro
MISC Berhad (MISC), a provider of energy-related maritime solutions, has signed collaboration agreements with Swiss marine power company WinGD and classification society DNV for the development of ammonia engines for ammonia dual-fueled vessels. Said to mark a historical milestone as the first of it
Swiss shipping company Sallaum Lines has placed an order for up to six new liquefied natural gas (LNG) dual-fuel pure car and truck carriers.
Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.
Japanese industry majors Japan Petroleum Exploration Co. (JAPEX), JGC Holdings Corporation (JGC HD), Kawasaki Kisen Kaisha (K LINE), and JFE Steel Corporation have joined hands to embark on a collaborative evaluation with the goal of establishing a carbon capture and storage (CCS) value chain rooted
