NYK has secured its first transition syndicated loan to finance projects for reducing greenhouse gas (GHG) emissions such as constructing next-generation fuel vessels.
Brassavola, a 12,000 cubic meter LNG bunker vessel set to be deployed in the Port of Singapore, has been delivered to Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL). The bunker vessel was built by Singapore’s Seatrium, previously known as Sembcorp Marine, which announce
Chinese power cable specialist Orient Cable (NBO) is entering the Morocco-UK Power Project with the acquisition of a stake in the company behind the multi-technology renewable energy project. Xlinks First Limited announced it had entered into a share subscription agreement for the placement of commo
Swiss technology company ABB and the US-based Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of the Norwegian Cruise Line (NCL) fleet.
Canadian renewable energy company World Energy GH2 has joined Port of Wilhelmshaven’s ENERGY HUB, an initiative that aims to position Wilhelmshaven as the ‘Hydrogen Valley of Germany’, as the first North American member. On 26 January, World Energy GH2 announced it had officially become a member of
Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.
Estonian shipbuilder Baltic Workboats AS signed a contract with the Estonian State Fleet for the design and construction of a new environmentally friendly multipurpose vessel.
Germany’s multipurpose shipping company United Heavy Lift (UHL) has taken delivery of UHL Fresh, the newbuild no. 18 in the company’s F900 Eco-Lifter fleet.
The performance tests confirming the requirements of LNG production of above 3.4 million tons per year (mtpa) at Eni’s Coral Sul floating LNG (FLNG) facility offshore Mozambique have been finalized. French engineering company Technip Energies, a leader of the TJS Consortium which also includes JGC C
Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched an LNG bunkering vessel ordered by compatriot Anhui Changjiang LNG, an operator of the Wuhu LNG Terminal in Anhui Province. The 14,000 cubic meter LNG bunkering vessel was launched on Janua
Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot cruise company TUI Cruises to supply green methanol in the future.
Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contracts to build the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines.
A €100 million green hydrogen refuelling infrastructure for recreational boating, a project led by NatPower H, part of the NatPower group, is set to see its first station installed in Italy by the summer of 2024. According to NatPower H, the project, which aims to install a total of 100 refuelling s
With a lack of suitable sites for onshore solar farms intensifying the need for innovative solutions, floating solar is expected to play a key role in Southeast Asia’s solar expansion, according to Rystad Energy research. Solar photovoltaic (PV) capacity additions are poised to be a central pillar o
