Stakeholders in the shipping industry have collaboratively addressed the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel. Specifically, the stakeholders called for safe ammonia use during an event held on October 4, 2023, in Copenhagen,
French shipping major CMA CGM Group plans to launch ZEBOX UK, a global startup accelerator, in Manchester this month. The Manchester-based startup accelerator is ZEBOX’s sixth innovation hub in the world, focusing on operational efficiency, decarbonization, future of work and artificial intelligence
Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit
Norwegian Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), via its subsidiary WINGAS, have signed a transaction term sheet for the delivery of green hydrogen. Gen2 Energy said the sheet defines the terms and conditions for a final sales and purchasing agreement and represents a major ste
The shore power system at HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany was officially inaugurated with the successful supply of shore power to COSCO Shipping Taurus during a ship integration test this week, marking a significant milestone in its practical application. COSCO Shipping s
U.S. KBR has signed a memorandum of understanding (MoU) with Italy’s SolydEra to offer an integrated solution for producing lower-cost clean ammonia using renewable energy. Under the terms of the MoU, KBR will integrate SolydEra’s solid oxide electrolysis (SOE) technology into its proprietary K-Gree
London-based carbon capture company Carbon Clean has joined forces with Korean construction and project management company Samsung Engineering Co. (SECL) to explore opportunities for onboard carbon capture solutions projects. The two companies have formalized a Joint Development Agreement (JDA) and
Blue economy developer Simply Blue Group and Ireland’s premier energy company ESB have partnered up to pool expertise and resources to deliver a pioneering 5MW wave energy farm, located close to the Co Clare coast in Ireland.
Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc
Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup
MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,
French LNG containment specialist GTT has signed a technical services agreement (TSA) with compatriot shipping and logistics major CMA CGM Group. Under the agreement, GTT will provide CMA CGM with maintenance and operation services for 49 ‘biomethane and e-methane ready’ LNG-powered container vessel
HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company (KEPCO E&C) have received approval in principle (AiP) from classification society ABS for a new design of a floating offshore nuclear power barge.
