Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve
UK-based oil and gas major BP has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. The company announced the launch of the hydrogen cluster on 28 February, stating that this BP-led public-private collaborative initiative aims to be based around t
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry. According to Woodward, the comprehensive portfolio of new systems will be applicable for new and future fuel-powered engines
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth q
The U.S. ports are expected to build out nearly $50 billion in green infrastructure over the next decade – and hydrogen is set to play a significant role in the industry’s plans, a recent survey from the American Association of Port Authorities (AAPA) shows. The survey covered AAPA’s membership and
Countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge.
Chicago-based ammonia producer CF Industries Holdings has signed a memorandum of understanding (MoU) with South Korean chemical company Lotte Chemical Corporation for a joint exploration of clean ammonia production and its long-term offtake into South Korea. The MoU will serve as a framework for the
Norwegian shipowner Belships has entered into agreements to acquire three new Ultramax bulk carriers which are being constructed at Japanese shipyards. The Japanese-design Ultramax bulk carriers represent the highest quality and lowest fuel consumption available in the market today, Belships said. T
The dual-fuel vessel Cajun Sun has completed the first-ever net-zero voyage fuelled by bio-methanol, Methanex Corporation (Methanex) and Mitsui O.S.K. Lines (MOL) revealed. The Cajun Sun, operated by Methanex’s subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar, U.S. on Jan
On a quest to decarbonise oil and gas field operations, four companies have teamed up to specify and fund pre-FEED for two emission-free power projects.
Essar Group, invested in energy, metals and mining, infrastructure, and technology sectors, has announced the formation of Essar Energy Transition (EET) to drive energy transition in the UK and India. According to Essar, EET plans to invest a total of $3.6 billion in developing a range of low-carbon
German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel container vessels currently under construction at the South Korean shipyard Daewoo Shi
Swedish company Minesto has signed a collaboration agreement with Taiwan Cement Green Energy (TCCGE) to pursue tidal and ocean current energy buildout in Taiwan.
CSSC Qingdao Beihai Shipbuilding has launched the construction of CMB’s ammonia-ready 210,000 dwt bulk carrier. The Capesize bulker is part of a contract the Belgian shipowner signed with the shipyard in January last year. The deal was described as the world’s first order for ammonia-ready Capesize
