A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
With the integration of the LNG floating storage and regasification unit (FSRU) Exemplar into Gasgrid Finland’s gas transmission network, Finland’s first FSRU-based terminal, located in the deep harbour at Inkoo, is now fully ready for use. Esa Hallivuori, Senior Vice President of Transmission Busin
South American ferry operator Buquebús is in talks with Australian catamaran builder Incat Tasmania on the possibility of replacing the LNG powerplant with a battery-electric solution on its newbuilding ferry under construction at the yard. Having an overall length of 130 metres, a width of 32 metre
Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contri
Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group, has taken delivery of its first LNG dual-fuel very large crude carrier (VLCC). The vessel, which was named Antonis I. Angelicoussis after the group’s founder, was delivered on 3 January by South Korean shipbui
Dutch gas shipping company Anthony Veder has committed three LNG carriers to Deutsche ReGas (DRG) for its new floating LNG terminal in Lubmin, Germany. “We are proud that we have been selected by Deutsche ReGas for supporting in their floating LNG terminal,” Jan Valkier, CEO Anthony Veder said. “As
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
So far, global net-zero ambitions have not been supported with an actual plan beyond setting expectations by a certain date and the world cannot solve its environmental and climate change problem without being realistic about the solution, according to Saad Sherida Al-Kaabi, the Minister of State fo
The first of Japan’s two LNG-fueled ferries, the Sunflower Kurenai, owned by Japanese shipping major MOL and operated by its group company Ferry Sunflower Co., has officially entered into service. The ferry launched operation on January 13 between the Osaka-Beppu route, linking Sunflower Ferry Termi
French LNG containment specialist GTT has received new orders from its partners, the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) and the Chinese shipyard Hudong-Zhonghua Shipbuilding, for the tank design of new liquified natural gas carriers (LNGCs). In the fourth quarter of 2022
A London court has ruled that the UK government’s funding of up to $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies is lawful. According to reports by Reuters, the decision by London’s Court of Appeal was made on Friday, 13 January, dismissing an app
The construction of MSC’s 16,000 TEU ultra-large containerships in China is ramping up with the second boxship hitting the water in the first two weeks of this year. Namely, Chinese shipbuilder Guangzhou Shipbuilding International (GSI) has launched a 16,000 TEU ULCVs named MSC Noa Ariela. The vesse
Chinese shipbuilder Hudong-Zhonghua Shipbuilding is progressing with the construction of the fourth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). On 12 January, the shipbuilder held a keel-laying ceremony for the
Deutsche ReGas operated Ostsee LNG import terminal, for which French energy major TotalEnergies is contributing a floating storage and regasification unit (FSRU) and LNG supply, will see its official inauguration tomorrow. Stéphane Michel, President of Gas, Renewables & Power at TotalEnergies, said:
