In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. The strong demand for clean energy vessels has been a sig
Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment, a publicly traded special purpose acquisition company, have announced a definitive agreement for a business combination that is set to result in Crown becom
Construction of the Woodfibre LNG, a project being developed by Pacific Energy and Enbridge, has officially begun as Qingdao McDermott Wuchuan (QMW) fabrication yard, a joint venture of McDermott and China State Shipbuilding Corporation (CSSC), started building the first module for the project. QMW
German shipping major Hapag-Lloyd has taken delivery of the second 23,600 TEU containership powered by liquefied natural gas (LNG) from Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co. (DSME).
The world’s largest LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) has completed its first ship-to-ship bunkering operation involving a very large crude carrier (VLCC) at the anchorage of Guangzhou Port. The 8.5-hour operation saw Offshore Oil 301 provide the 320,000-ton dual-fuel tanke
Operations at the Port of Gibraltar have ground to a halt following a bunker fuel spill from a ship anchored in the Bay of Gibraltar. The spill occurred during a ship-to-ship refueling operation involving the Panama-flagged LPG tanker Gas Venus, at approximately 8:22 a.m. on Tuesday morning. As info
Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed long-term LNG sales and purchase agreements with the U.S. energy giant ConocoPhillips. Under the agreement, ConocoPhillips will purchase approximately 2.2 million tonnes per year (mtpa) in aggregate of LNG a
MSC Mediterranean Shipping Company has joined SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway as a route to shipping’s decarbonization. In recent years, MSC has made investments in LNG-fuelled vessels in the different sectors it operates. In 20
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has clinched an order to construct two liquified natural gas (LNG) carriers.
Industrial gases company Air Products has signed agreements to supply its proprietary LNG process technology and equipment to Rio Grande LNG Phase 1 Project being developed by NextDecade in Brownsville, Texas. Air Products entered into agreements with Bechtel Energy Inc., an EPC contractor on the Ri
Coastal GasLink, the 670-kilometre pipeline that will transport natural gas to the approved LNG Canada facility near Kitimat, is nearly 92% complete, according to the latest construction update. Summer construction season is in full swing and the project is moving closer to mechanical completion by
The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc
Japan’s Anegasaki thermal power station new unit 3, which energy company JERA has been replacing through its subsidiary JERA Power Anegasaki, has begun commercial operation on 1 August. As a result, all of the units from 1 to 3 in Anegasaki station have commenced commercial operations. New unit 3 is
Malaysia Marine and Heavy Engineering (MMHE) has placed an order with a Japanese company for a gas compressor to be used for what the company says is the world’s largest offshore carbon capture and storage (CCS) project. The Tokyo-headquartered Kawasaki Heavy Industries revealed on 1 August that it
