The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.
The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak tim
Spanish LNG services provider HAM Group has opened an LNG and CNG service station in Albacete.
McDermott’s unit CB&I Storage Solutions has won a contract to build four liquefied petroleum gas spheres for an energy infrastructure project in the Caribbean region. McDermott defined the contract as “sizable” meaning it is worth between $1 million and $50 million. The scope of the project includes
Stena Bulk’s MR tanker Stena immortal has concluded the biofuel trial launched in March in cooperation with the Dutch biofuel supplier GoodFuels. During the ten-day trial, the bio fuel oil (BFO) was tested in the ship’s tanks, storage and it was burned in the engines. The fuel is the MR1-100 bio-fue
BW LPG, the world’s largest liquid petroleum gas shipping company, has adapted the LPG retrofit schedule for its Very Large Gas Carriers (VLGCs) to the prevailing market conditions leaving the ships to trade a bit longer in the strong near term market. “The four first retrofits are still planned to
Japan’s classification society ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co. for the concept design of a 180,000 DWT LPG dual-fuelled bulk carrier developed in cooperation with Mitsubishi Shipbuilding Co. This was the first LPG dual-fuelled bulk carrier in the world
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has won an order to build liquefied petroleum tankers for Germany’s Hartmann Group. The contract includes the construction of three 5000 cubic meter LPG ships and additional order for two vessels. CIMC SOE, which is a unit of CIMC E
The transition of the global shipping industry to fuels compliant with the IMO 2020 sulphur cap seems to be running smoothly with marginal non-compliance issues. According to the Port of Singapore, the world’s largest bunker hub and one of the largest trading hubs in the world, about 96% of the ship
The study commissioned by DeepGreen examines how we can source the massive amount of mineral resources required for a wholesale move away from fossil fuels with the least amount of damage to the planet. As calls for a transition to renewable energy and electric transport grow louder in the face of i
The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019. “These two new players will increase the supply of marine fuel that is compliant with the Intern
Crowley Fuels LLC, wholesale fuel transportation and sales division of US-based Crowley Maritime, took delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB) from Bollinger Shipyards. The vessel will be used to transport multiple clean petroleum products for the Alaska market a
Bavarian ship management company MINSHIP and its subsidiary MINMARINE have embarked upon a biofuel trial as part of their efforts to cut the carbon footprint of their fleet. The trial run is being carried out by their managed bulk carrier M/V Trudy which bunkered biofuel at the Port of Rotterdam on
Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric to
