Denmark-headquartered NKT has signed a long-term contract with a European company for the supply of copper rod that will be used for cables destined for offshore wind projects. To secure the supply of copper for its production of power cables, NKT signed an agreement with Polish copper supplier KGHM
Classification society American Bureau of Shipping (ABS) has entered a joint industry project (JIP) with ECOLOG Services, Hanwha Ocean and Babcock International Liquid Gas Equipment (LGE) to work on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets
At this year’s Gastech, an annual natural gas, LNG, hydrogen, low-carbon solutions and climate technologies event, held in Singapore, industry experts discussed how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy pro
G20 leaders have decided to accelerate efforts to triple total renewable energy capacity and underscore the global need for over $4 trillion of annual investments until 2030, endorsing recommendations from the International Renewable Energy Agency (IRENA) for global renewable energy adoption. In a d
Classification society Bureau Veritas (BV) has set up a renewable ammonia scheme, expected to assure safe, sustainable ammonia production from renewable energy. Ammonia has been produced and used for decades, but currently, natural gas is used as the main source in its production. According to BV, u
Norwegian shipowner Grieg Maritime Group has exercised options for two additional ammonia-ready open hatch bulk carriers taking the total to four ships. The option was part of the contract signed in May this year with CSSC Huangpu Wenchong Longxue in China which included two firm plus two optional 8
Workers at three of Chevron’s LNG projects embarked on Protected Industrial Action, taking part in rolling stoppages, bans, and limitations.
FirstElement Fuel (FEF), a provider of hydrogen refuelling solutions, and Mitsubishi Heavy Industries (MHI), delivering innovative and integrated solutions to realize a carbon-neutral world, have reached 250 hours of operation on the long-term durability test of MHI’s 90 MPa class liquid hydrogen pu
“It’s official, the tidal stream energy market has taken off with 11 companies awarded the contracts for difference,” said Mor Energy, a QED Naval subsidiary company, which has been supported in the latest UK renewables auction round along with Spanish-based Magallanes Renovables which also welcomed
A recent analysis by UK-based maritime consultancy UMAS has shed light on the alignment of the Revised IMO GHG Strategy with science-based targets, which will require a strong and rapid response from national and regional governments as well as corporations alike. Failure to do so could relegate the
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has announced that Norwegian capital company Hoegh LNG Klaipėda will serve as a technical operator for the floating storage and regasification unit (FSRU) Independence of the Klaipėda terminal for a minimum of five years.
The American Bureau of Shipping (ABS) is launching a global ABS Electrification Center in Singapore to support maritime decarbonization projects. The center will be comprised of ABS engineers and technical specialists, providing support to a range of electrification projects for shipowners, shipyard
Singapore has welcomed the world’s first bulk liquefied hydrogen carrier, Suiso Frontier, designed and manufactured by Japan’s Kawasaki Heavy Industries (KHI) and operated by Shell Japan. The vessel was berthed at the Shell Energy and Chemicals Park Singapore on Pulau Bukom from 1 September to 7 Sep
A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for new global taxes to fund climate change action and adaptatio
