Gastrade’s floating storage regasification unit (FSRU) Alexandroupolis, former 2010-built LNG carrier GasLog Chelsea, has arrived in Greece after completing an almost 10-month conversion at Seatrium shipyard in Singapore. The FSRU, which entered Keppel Shipyard in Singapore in early February 2023 fo
Polish shipbuilder Remontowa Shipbuilding S.A. has signed a contract to construct a hybrid-powered passenger-car ferry for Torghatten Nord AS, one of the largest ferry operators in Norway. The ferry will be fitted with two azimuth thrusters with vertically mounted electric motors powered by batterie
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. The global efforts to achieve decarbonization targets bolstered by nearly 200 countries that vowed to phase out fossil fuels at the COP28 climate summit in Dubai earlier this week
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services. The five-year facility is guaranteed by SACE, the Italian Export Credit Agency (ECA), with U
Japanese energy giant JERA and Indonesia’s largest state-owned oil and natural gas company Pertamina have signed a memorandum of understanding (MoU) to collaborate on business opportunities for infrastructure investment in low-carbon fuels such as LNG and hydrogen/ammonia. JERA and Pertmina announce
Taking the next big step on its green journey, Danish ferry operator Scandlines has decided to electrify two ferries on the Fehmarn Belt that links Denmark with northern Germany.
Yale-based start-up Oxylus Energy has converted captured carbon dioxide (CO2) into methanol using an electrolyzer at room temperature and pressure at a production-level scale. On December 13, Oxylus Energy said it had passed the key benchmark test for the deployment and commercialization of its prop
U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and
A healthy market framework is necessary for offshore wind projects to be sustainable and future-proof, and changes to the tendering framework can help ensure that, Ireen Geerbex, Director Market Development the Netherlands at Vattenfall, said during this year’s Offshore Energy Exhibition and Confere
Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to issue blue bonds through a public offering in Japan’s domestic market in January 2024.
Florida-based shipping and energy supply chain company Crowley and Carbon Ridge Inc, a U.S. developer of modular onboard carbon capture and storage solutions, have launched an onboard carbon capture pilot project. The project involves the utilization of Carbon Ridge’s patent-pending, second-generati
A European project led by Scottish tidal energy developer Nova Innovation has demonstrated that the cost of tidal energy could potentially be reduced by as much as 40%. The €20 million EnFAIT (Enabling Future Arrays in Tidal) Horizon 2020 project brought together seven partners including Nova Innova
Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an
Low-emissions marine fuels supplier Titan has closed a funding round for a 45% equity stake with further follow-on rights from downstream LNG and renewable gases company Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. As explained, the investment in Titan aims to acc
