Mitsui O.S.K. Lines (MOL) has entered into a strategic investment agreement with Delfin Midstream Inc, an LNG export infrastructure development company utilizing low-cost FLNG technology solutions. Delfin is the parent company of Delfin LNG and Avocet LNG LLC. Delfin LNG is a brownfield Deepwater Po
The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.
The US Department of Energy (DOE) has allocated $1.2 million for 23 projects to further marine energy research and development at its national laboratories.
A 40,000 m3 LCO2 carrier developed by South Korea’s Samsung Heavy Industries (SHI) has secured Approval in Principle (AIP) from compatriot Korean Register (KR). The certificate was presented during a ceremony held at Nor-Shipping 2023 in Oslo, Norway on 7 June. The achievement is the result of a col
Swedish marine energy company Minesto has expanded its executive team with new members and updated roles, appointing Gustav Kvibling as its new chief financial officer (CFO).
Knutsen NYK Carbon Carriers AS (KNCC) is ready to order LCO2 carriers fitted with its unique Liquefied CO2-Elevated Pressure (LCO2-EP) containment system, the company said. The intention is being revealed on the back of a General Approval for Ship Application (GASA) the company secured for the LCO2-
The Biden-Harris Administration has released the US National Clean Hydrogen Strategy and Roadmap, a framework for accelerating the production, processing, delivery, storage and use of clean hydrogen. DOE informed that the framework provides a snapshot of hydrogen production, transport, storage and u
German container shipping company Hapag-Lloyd is considering investments in methanol and ammonia-ready newbuilds, alongside exploring wind propulsion options, as part of its sustainability agenda. Speaking today in a live session, Hapag-Lloyd CEO Rolf Habben Jansen expressed openness to alternative
In its latest white paper “Biofuels in shipping,” classification society DNV has reported that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. However, the current limitations in production capac
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
In its market report “Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,” technology company IDTechEx explores the topic of turquoise hydrogen and delves into the various methane pyrolysis technologies, their benefits, drawbacks and the key commercial activities shapin
Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which
The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour
A recent analysis by Maersk Mc-Kinney Moller Center has identified four key constraints that may hinder the supply of renewable electricity to the maritime industry in the 2030s and 2040s, potentially leading to a shortage of e-fuels. The key constraints highlight the challenges that need to be addr
