Africa has the potential to capture as much as 10% of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as $120 billion to the continent’s gross domestic product (GDP), according to a new report by Abu Dhabi’s renewable energy company Masdar. The landmark
Egyptian President Abdel-Fattah El-Sisi is calling for an acceleration of efforts to turn the Suez Canal Economic Zone into a clean energy and green fuels production hub. In a meeting with government officials held to discuss ongoing projects in the SCZone, President El-Sisi gave directives to focus
Pavilion Energy, Gasum, and CNOOC Gas and Power Group have signed a Heads of Agreement (HoA) for strategic collaboration to strengthen a global LNG bunker supply network for their customers in the world’s top three bunkering regions, namely Singapore, North West Europe, including Amsterdam, Rotterda
Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that its company Aquarius LNG Shipping Limited conducted sea trials of its vessel, liquefied natural gas (LNG) carrier Papua, using biofuel.
Abu Dhabi-based maritime company Al Seer Marine, a subsidiary of International Holding Company (IHC), has placed an order for the construction of four IMO II/III medium-range tankers with Korean shipbuilder K Shipbuilding. The vessels are expected to be built at Jinhae Shipyard and delivered before
The shipping industry is waking up to the fact that it needs to do something now to decarbonize, and ESG rightfully sits firmly alongside safety as a key decision driver in the industry, Matt Dunlop, Sustainability & Decarbonisation Director at V.Group said in an interview with Offshore Energy. Matt
Italian oil and gas company Eni has informed that the first shipment of liquefied natural gas (LNG) produced from the Coral gas field located offshore Mozambique has departed from Coral Sul floating LNG (FLNG) facility. Eni, as Delegated Operator of the Coral South project on behalf of its Area 4 pa
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has held a naming ceremony for the world’s largest LNG-powered cruise ship and one of the first to incorporate fuel cell technology, MSC World Europa.
Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca
Liquefied natural gas (LNG) joint venture Egyptian LNG has awarded a feasibility study contract to the Bechtel-led Coalition for Decarbonization to assess the implementation of a zero-flaring system at its export terminal (ELNG) in Idku, east of Alexandria. The coalition, which includes Bechtel, Enp
Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederi, has signed a memorandum of understanding (MoU) with Stema Shipping to collaborate on ammonia-powered short-sea shipping project “Flex
Norway’s cleantech company TECO 2030 has received a NOK 100 million (approximately $10 million) investment from US-based SunHydrogen, a developer of technology that uses sunlight and any source of water to make renewable hydrogen. Currently under development, SunHydrogen’s technology utilizes a nano
Global RoRo shipping company Sallaum Lines has placed an order with China’s Fujian Mawei Shipbuilding for the construction of two dual-fuel LNG 7500 Pure Car and Truck Carriers (PCTC). The ships will have a total length of 199.9 meters, a molded width of 38 meters, a molded depth of 14.8 meters, and
During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris rul
