The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innovation Fund for the maritime sector. European Community Shipowners Association (ECSA) welcomed the move, saying that the deal will mark a tur
The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April. Power companies CLP Power Hong Kong Limited
An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched. Lithuanian gas transmission system operator (TSOs) Amber Grid launched the tender on behalf of its pro
Singapore-based offshore wind vessel owner and operator, Marco Polo Marine, has signed a memorandum of understanding (MoU) with Amogy, under which the New York company’s ammonia-to-power systems will be installed on Marco Polo Marine’s offshore wind vessels. The system will be installed on Marco Pol
Hanseatic Energy Hub (HEH) has commissioned a consortium led by Spain-based EPC (engineering, procurement, and construction) specialist Técnicas Reunidas to develop a land-based terminal for liquefied gases in Stade, Germany, subject to HEH’s final investment decision (FID). According to HEH, Técnic
North American FortisBC Energy and FortisBC have received approval from the British Columbia Utilities Commission to invest more than $155 million into conservation and energy efficiency programmes in 2023. According to FortisBC, the majority of the funds, $141 million, are earmarked to support gas
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of the sixth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). The construction of the 174,000 cbm LNG carrier H1836A began with the steel
French LNG containment specialist GTT has secured a new order from its partner the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new liquefied natural gas carriers (LNGCs), on behalf of an Asian ship-owner. GTT will design the tanks of the two vessels, which will each off
US LNG producer Venture Global LNG is advancing works on its Plaquemines LNG export facility in Plaquemines Parish, Louisiana, with the raising of the roof of the second LNG storage tank. The project milestone was completed ahead of schedule and comes just seven weeks after the roof raising of tank
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has signed a Memorandum of Understanding (MOU) with Houston-based Caterpillar Marine to adopt solutions that enable Svitzer to utilize methanol in their fleet. Under the partnership, the duo plans to work on the installation of dual-fuel
LNG-ready luxury ro-ro passenger ship Moby Fantasy embarked on a maiden voyage following its delivery from China State Shipbuilding Corporation’s Guangzhou Shipbuilding International. The 2,500-passenger and 3,800-meter lane vessel was built for MOBY Line Shipping Company and departed from Nansha, G
E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has launched its first newbuild dual-fuel stainless steel parcel chemical tanker. The vessel named Liselotte Essberger was launched on 6 April. It is the first out of four newbuildings ordered by John T. Essberger Group at China Me
The Port of Rotterdam Authority is developing an 11ha site on the Maasvlakte suitable for the construction of a very large green hydrogen plant. The site offers space for up to 1 GW of electrolysis and is located next to where Tennet’s Amaliahaven (380 kV) high-voltage substation will be built. This
Danish shipping company Norden has teamed up with carbon insetting platform 123Carbon and its partners AllChiefs and Verifavia to issue carbon inset tokens to support the decarbonisation of customer supply chains. The move will enable Norden to tokenise CO2-equivalent reductions made on biofuel voya
