Norwegian container tonnage provider MPC Container Ships has signed an offtake agreement with German e-fuels supplier INERATEC for synthetic marine diesel oil (MDO) made from biogenic CO2 and renewable hydrogen. According to MPC Container Ships, this is the industry’s first agreement for the supply
Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the
Singapore-based shipping company Pacific Carriers Limited (PCL) and compatriot PaxOcean Holdings Pte (PaxOcean) have teamed up with classification society ABS to explore the use of methanol for the PCL’s fleet.
Nippon Steel Corporation, Japan’s steel producer, Mitsubishi Corporation, a global integrated business enterprise that develops and operates businesses, and ExxonMobil Asia Pacific, an energy and petrochemical company, have signed a Memorandum of Understanding (MoU) to jointly study carbon capture a
A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022.
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Cha
UK consortium, including engineering company MAHLE Powertrain and the Royal National Lifeboat Institution, has launched a project to develop sustainable propulsion solutions for retrofit to high-performance marine vessels where batteries and other electrified technologies may not prove practical.
US LNG company Sempra Infrastructure has entered into a long-term sale and purchase agreement (SPA) with Polish oil refiner and petrol retailer PKN ORLEN for the supply of LNG from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. Under the SPA, PKN ORLEN, which recen
Avance Rigel, Avance Gas’ third newbuild very large gas carrier (VLGC), has completed gas trials outside Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea. The trials took place in January 2023 prior to the vessel’s delivery which is scheduled for early February 2023. The Avance Ri
Texas-based Element Resources, a development company focused on the production of 100% green hydrogen, has revealed plans to build and operate a major renewable hydrogen production facility in the city of Lancaster, California, US. The project, located within Lancaster’s city limits, is expected to
German container shipping company Hapag-Lloyd has signed a Memorandum of Understanding (MoU) with compatriot energy company Mabanaft to explore options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA.
UK-based energy services provider Expro Group has secured a long-term production solutions contract with Eni Congo, a subsidiary of Italian energy major Eni, for a liquefied natural gas (LNG) pre-treatment facility in Congo. Under the 10-year contract worth more than $300 million, Expro will design,
IHI Corporation, Japan’s LNG receiving and storage terminal manufacturer, has started looking into converting liquefied natural gas (LNG) receiving and storage terminals near many gas-fired power plants into ammonia-based facilities. The company said it will draw on its corrosion expertise and exper
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design of two liquefied natural gas (LNG) carriers from French LNG containment specialist GTT. According to GTT’s statement, the tank design order was placed on behalf of a Middle Eastern shipowner at the beginning of 2023. T
