Japan’s shipping company NYK has concluded a long-term time-charter contract for LNG transportation with China’s energy company China Petroleum & Chemical Corporation (Sinopec). The contract is for the transport of LNG to China for up to 23 years, beginning in 2024 or later. NYK said that this time-
Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the
The US-based ammonia power solutions company Amogy has completed its technology verification phase with the UK’s classification society Lloyd’s Register.
A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.
Naval architecture and marine engineering company Glosten and technology company Siemens Energy have selected clean energy solutions provider Ballard Power Systems and engineering company Chart Industries as primary equipment vendors for their design of what is slated to be the first hydrogen-hybrid
Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue
TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.
Oscilla Power and its university partners have deployed a 1:6 scale prototype of 1MW Triton wave energy converter offshore the east coast of the United States.
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider, and PT Pupuk Indonesia, a state-owned fertilizer and chemical producer, are set to devel
Scottish company Orbital Marine Power has been named as Euclaire Tidal’s technology partner at the Fundy Ocean Research Centre for Energy (FORCE).
Japanese shipping company NYK has entered into a time charter contract with compatriot Mitsui & Co., Ltd. for the transportation of ammonia. NYK revealed that the deal was signed in October and that it would use its Panama-flagged LPG carrier, the Berlian Ekuator, as the key vessel for the shipments
Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
Nestlé, the world’s largest food and beverage company, has decided to cut its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution, which includes transporting goods on certified green fuels.
UAE’s Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a strategic collaboration agreement (SCA) that sets out their intention to collaborate on the potential development of low-carbon solutions, including hydrogen. As part of the SCA, the t
