APM Terminals Pipavav, an all-weather port located just 152 nautical miles from Nhava Sheva, Mumbai, has revealed plans that will see an investment of around $90 million in a new liquid berth. The port’s current capacity to handle 2 MMT of liquid bulk will increase to 5.2 MMT. The investment support
Danish shipping giant A.P. Moller Maersk and ANL, a subsidiary of French shipping major CMA CGM have signed a Memorandum of Understanding (MoU) to explore the commercial feasibility of establishing a green methanol bunkering hub at the Port of Melbourne.
Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied pet
Proman Stena Bulk, a joint venture (JV) between methanol producer Proman and Stena Bulk, has held a christening ceremony for the third dual-fuel MR tanker powered by methanol, Stena Promise.
German engine manufacturer MAN Energy Solutions (MAN ES) has revealed that its MAN 175D engine is formally approved for operation on biofuels.
OCI Global, a producer and distributor of nitrogen, methanol, and hydrogen products, and Petrofac, a service provider to the energy industry, have entered a partnership to deliver OCI’s programme of gasification-based green methanol projects. According to Petrofac, the programme will support the pro
American classification society ABS and Singapore-based shipping company Berge Bulk (BB) have signed a joint development project (JDP) to evaluate the feasibility of converting a bulk vessel to methanol fuel propulsion.
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with compatriot specialty chemicals company LOTTE Fine Chemical for the marine transportation of ammonia. The MoU also covers the bunkering of ammonia and methanol fuel and comes after HMM made a major order for methanol-
E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has launched its first newbuild dual-fuel stainless steel parcel chemical tanker. The vessel named Liselotte Essberger was launched on 6 April. It is the first out of four newbuildings ordered by John T. Essberger Group at China Me
Latvia’s natural gas company Latvijas Gaze has signed a definitive agreement to sell its wholly-owned subsidiary Gaso to energy company Eesti Gaas, also known as Elenger. According to Eesti Gas, the completion of the transaction is subject to approval from the Latvian Competition Authority and permi
UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has deployed five newbuild dual-fuel very large gas carriers (VLGCs). The vessels, which were ordered back in 2020, were built at Jiangnan Shipyard in Shanghai, China,
Icelandic energy company Landsvirkjun and global industrial gases and engineering company Linde have signed a collaboration agreement that is expected to facilitate energy transition in Iceland through the development of clean hydrogen and e-fuel projects. Landsvirkjun said the partnership will comb
In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen
In a significant development for China’s shipbuilding industry, the China State Shipbuilding Corporation (CSSC) and French liner heavyweight CMA CGM have inked an agreement to construct 16 large container ships worth more than 21 billion Yuan ($3.06 billion). The order comprises of twelve 15,000 TEU
