The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar
American classification society ABS has revealed that it will class a hydrogen-fueled research vessel commissioned by the University of California San Diego’s Scripps Institution of Oceanography.
The partnership between German energy company RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of liquefied natural gas (LNG) has gained ground with the arrival of the first LNG cargo from ADNOC at the Brunsbüttel Elbehafen port, Germany. Here, the LNG will be regasified and fed int
TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has concluded the market test launched for floating storage and regasification unit (FSRU) capacity in Le Havre, France. From 16 to 30 January, TELSF ran a non-binding call of interest for LNG import and re
Marine fuel supply companies BMS United Bunkers, Bunkernet, and SBI bunkering BV have entered into a definitive merger agreement to create Baseblue. The trio said that the merger would result in a larger and financially more reliable company. As disclosed, Baseblue will also offer a wider range of s
Osaka Gas, Mitsubishi Heavy Industries (MHI), and IBM Japan have built a demonstration system for CO2NNEX for e-methane, a digital platform for visualising the amount of CO2 emissions across the value chain of e-methane (methane synthesised with the methanation technology) and transferring e-methane
Spanish energy companies Naturgy and Enagás Renovable have presented their project for the construction of a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla. The new plant is scheduled for commissioning in 2026 and will entail an investment of €485 million. it will be
The Port of Corpus Christi’s Horizons Clean Hydrogen Hub (HCH2) and Trans Permian’s H2Hub will submit a single application through the US DOE Regional Clean Hydrogen Hubs Programme, with the Port of Corpus Christi as the prime applicant. The parties combined their hubs into a single application afte
Abu Dhabi’s renewable energy company Masdar has signed an agreement with the International Finance Corporation (IFC), a global development institution focused on the private sector in developing countries, to explore areas of collaboration to support climate action for emerging markets. The parties
Norway’s energy company Equinor has granted compatriot energy services company Aibel an engineering, procurement, construction, and installation (EPCI) contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract, awarded on behalf of the Snøhvit partnership,
MAN Energy Solutions, through its licensee Mitsui E&S Machinery, has signed a contract with Japanese shipbuilder Tsuneishi Shipbuilding to provide a methanol-powered engine for a 65,700 dwt bulk carrier.
Qatar Gas Transport Company (Nakilat) and its subsidiaries have achieved a consolidated net profit of QAR 1,44 billion ($395.3 million) in the fiscal year 2022, a significant increase of 6.3%, as compared to QAR 1,35 billion ($372 million) in 2021. It also achieved revenues of QAR 4,4 billion ($1.20
Dutch energy infrastructure firm Gasunie has decided to continue exploring further options for expanding existing capacity at Eemshaven and Gate terminals instead of adding a new floating LNG terminal in the port of Terneuzen which proved to be unfeasible in the short term. The move is part of Gasun
China’s shipping heavyweights COSCO Shipping Corporation Limited and COSCO Shipping Development have spearheaded the establishment of the China Electric Ship Innovation Alliance. The founding members represent over 80 companies from various industries including electric-powered propulsion, vessel de
