Fairfield Chemical Carriers (FCC), a US operator specialising in chemical tankers, has launched the Fairchem Pioneer, its first LNG-powered stainless steel chemical tanker. The LNG dual-fueled (DF) vessel, jointly developed by Fukuoka Shipbuilding and Fairfield Japan, a subsidiary of FCC, was launch
Petronas has entered into a farm-out agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah state government.
Japanese energy giant JERA has signed a memorandum of understanding (MoU) with South Korea’s state-owned natural gas importer and transporter Korea Gas Corporation (KOGAS) for cooperation in the LNG business. Pursuant to the MoU which seeks to secure the stability of LNG supplies, JERA and KOGAS agr
UK’s Unite the union has revealed a 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf (UKCS).
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
In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.
French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects. The agreement was signed on the occasion of the visit of French President Emmanuel
Subsea robotics and engineering company Soil Machine Dynamics (SMD) has revealed its plans to exceed £100 million turnover within five years, which includes the electrification of its vehicles and two new facilities. To reach the turnover goal, SMD said it has ambitious recruitment targets and plans
ClassNK certification society has given an A rating to the LNG dual-fueled chemical tanker Fairchem Pioneer jointly developed by Fukuoka Shipbuilding and Fairfield Japan. The tanker is currently under construction at Fukuoka Shipbuilding, and is going to be chartered to FJL. The vessel was evaluated
A 93,000 cbm LPG carrier with dual fuel LPG propulsion, being built by China’s Jiangnan Shipyard, for Petredec Holdings (Eastern) PTE, has returned from sea trials. The vessel, named Harzand, is the first of a total of six 93,000 cbm LPG vessels Petredec has on order at the yard. The shipbuilder sai
The government of British Columbia has provided C$2 million ($1.5 million) to the University of Victoria Pacific Regional Institute for Marine Energy Discovery (PRIMED) for research into tidal energy technologies.
Poland’s natural gas transmission system operator GAZ-SYSTEM has completed a non-binding market research procedure for the demand for additional regasification capacity of the FSRU terminal in the Gulf of Gdańsk. The operator collected information on the level of market interest in additional regasi
Canadian engineering, logistics, and energy company ATCO, through its investment in Canadian Utilities Limited, is collaborating with Japanese company Kansai Electric Power to develop an integrated clean fuels supply chain between Canada and Japan. The two companies have completed a pre-feasibility
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.
