China Shipbuilding Hengyu Energy (Shanghai), a subsidiary of China State Shipbuilding Corporation (CSSC), has completed the bunkering of three methanol-powered product tankers built by Guangzhou Shipyard International. The 49,900-ton tankers were fueled with a total of 240 tons of methanol, a major
Neptune Energy has called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies.
Chinese clean energy solutions provider Mingyang Smart Energy has designed and manufactured what is said to be the world’s largest alkaline electrolysis system for hydrogen production. According to the manufacturer, the new system can produce hydrogen at the capacity of 1500-2500Nm3/h with one-butto
Hapag-Lloyd’s colossal 23,660 TEU containership, which is taking shape in South Korea, has been fitted with a massive LNG-powered main engine, the German shipping major said. The 2,246-tonne engine was installed with the help of a floating crane deployed at the Daewoo Shipbuilding and Marine Enginee
Singapore-based Sembcorp Marine, through its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte Ltd, has entered into master service agreements with the US energy company New Fortress Energy (NFE) affiliates for the conversion of two drilling vessels into floating LNG (FLNG) facilities. Sem
A consortium comprising Air Liquide, Chevron Corporation, LyondellBasell and Uniper is planning to conduct a study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the US Gulf Coast. The planned facility could support industrial decarboni
The European Parliament adopted the FuelEU Maritime report, voting in favor of a 2% mandate for green shipping fuels by 2030. The report establishes a clear trajectory for greenhouse gas intensity reductions calling for the maritime sector to cut its GHG emissions from ships by 2% as of 2025, 20% as
South Korea’s defense and energy conglomerate Hanwha Group will proceed with the acquisition of a majority stake in the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The duo signed a tentative takeover deal in September that would see Hanwha Group acquire a 49.3 percent sta
MAN PrimeServ, an after-sales division of MAN Energy Solutions (MAN ES), has signed a contract to retrofit two liquefied petroleum gas (LPG) carriers for the Chinese liquefied gas carrier operator Tianjin Southwest Maritime Ltd. As informed, the COSCO Shipping Heavy Industry (Guangdong) yard will ho
Chinese shipbuilder Nantong COSCO Khi Ship Engineering (NACKS) has secured approval in principle for its ammonia-powered containership design from the UK-based classification society Lloyd’s Register. The 16,000 TEU ammonia-fueled container ship has been jointly developed by LR, NACKS and Hudong Hea
European Commission (EC) has proposed a new emergency regulation to address high gas prices in the European Union (EU) and ensure the security of supply this winter. On 18 October, the EC made additional proposals to fight the energy crisis through joint gas purchasing, price limiting mechanisms on
Croatian shipping company Jadroplov has signed a contract with Swiss company Irus Holding to buy a liquefied petroleum gas (LPG) transport ship for just over $25 million.
French LNG containment specialist GTT has received two orders from Chinese shipyards for tank designs of three new liquefied natural gas (LNG) carriers. The first order came from the Chinese shipyard Jiangnan, on behalf of an international shipowner, for one LNG carrier. The second order was placed
Japanese shipping major NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina (Persero). The duo plans to conclude an investment agreement and complete the investment by the end of 2
