Global liquefied natural gas (LNG) logistics company Atlantic Gulf & Pacific (AG&P) has completed the conversion of the ISH, a 137,512 cbm LNG carrier, into a floating storage unit (FSU) for the first Philippines LNG import terminal (PHLNG). AG&P said that its subsidiary GAS Entec completed the conv
Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.
American energy company Invenergy has reached commercial operations at the Energía del Pacífico (EDP) LNG-to-power project, located at the Port of Acajutla in El Salvador. According to Invenergy, the completion of EDP is a major uplift in electric reliability and lower emissions through natural gas
Sri Lanka-based shipbuilder Colombo Dockyard has delivered M/V Misje Vita to Norwegian shipowner Misje Eco Bulk AS, part of Kåre Misje & Co. The delivery comes on the back of numerous challenges caused by the pandemic, hampering shipbuilding construction and supply of materials. This is the first ve
Dutch biofuels provider GoodFuels has joined hands with global certification organisation Control Union and France’s IDS Group to test the effectiveness of an isotopic tracer for marine biofuels.
Hamina liquefied natural gas (LNG) terminal, the first LNG import terminal in Finland connected to the transmission network, has received the first commercial LNG carrier. On 22 October, an LNG cargo ordered by the Estonian energy company Alexela from the Zeebrugge LNG terminal in Belgium arrived at
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
French container shipping major CMA CGM is moving its operations to a larger terminal at the Port of Yokohama, set to be equipped with shore power and LNG bunkering infrastructure. The move was announced by the Yokohama Kawasaki Port Corp (YKIP) saying that CMA CGM signed a reservation deal with CMA
JERA Asia, a subsidiary of Japanese energy giant JERA, has revealed its plans for collaboration with IHI Asia Pacific to explore potential ways to expand the use of ammonia in Malaysia’s energy sector. JERA and IHI signed a memorandum of understanding (MoU) which states that the parties will jointly
American small modular reactor provider NuScale Power (NuScale) and Canadian firm Prodigy Clean Energy (Prodigy) have revealed a new conceptual design for a transportable and marine-based small modular reactor (SMR) power-generating facility.
Hong Kong-based dry bulk shipping company Pacific Basin has selected green methanol as the best fuel for its first generation of zero-emission vessels. The decision is based on the findings of a feasibility study the company conducted in cooperation with Nihon Shipyard Co. and Mitsui & Co. The study
French LNG containment specialist GTT has received two approvals in principle (AiP) from classification societies DNV and Bureau Veritas (BV) for its three-tank LNG carrier design. According to GTT, the technological solution aims to increase the profitability and overall performance of the vessel.
The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry Holdings. The agreement foresees an option for additional five units, for a total i
Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted VLCC tanker was built by Hyundai Samho Heavy Industries, South Korea. The first vesse
