The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the fa
Classification society ABS has granted approval-in-principle (AiP) for a next-generation concept of a regasification system (Hi-ReGAS+) from South Korean Hyundai Heavy Industries Group (HHI).
France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tues
British energy company BP has signed a memorandum of understanding (MoU) with the Government of Mauritania to explore the potential for large-scale production of green hydrogen in the country. The MoU was signed on 8 November in a meeting alongside the 27th United Nations Climate Change Conference (
COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia,
German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long term and producing blue and green hydrogen. The parties have signed a non-binding memorandum of understanding (MoU) to look into the supply of
As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less by 2050, a DNV study shows. Findings also suggest that a
New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under c
Norwegian Electric Systems (NES), a subsidiary of HAV Group, has secured a contract with Volstad Maritime to deliver the battery pack and associated control system for battery charging to the offshore construction vessel Grand Canyon III. NES will provide the equipment to the Grand Canyon III in con
Australia’s Fortescue Future Industries (FFI) has signed a binding framework agreement with the Government of Kenya with an aim to fast-track the country’s development of an affordable green fertiliser supply chain and other hydrogen-based industries and its derivatives. The agreement was signed on
Averda, a waste management and recycling company, and WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels, have announced their partnership during the COP27 Climate Conference targeting the development of the first commercial-scale municipal was
Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportunities in the US and Asia Pacific region. The parties will collaborate on opportunities including production, carbon capture, utilisation and s
The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global energy transition. The announcement was made on Monday in Egypt at the 27th United Na
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he was addressing delegates at the
