Italy’s Ministry of Environment and Energy Security has launched the authorization procedure for the construction of a new direct-current submarine power line connecting the regions of Abruzzo and Marche. The 1 GW Adriatic Link will run for a total of approximately 250 kilometers, made up of two sub
Singapore-based tanker owner and operator Hafnia has kicked off the year with the delivery of the first of four new dual-fuel LR2 product tankers. Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, delivered the LNG-powered Hafnia Languedoc at a naming
Western Australia (WA) and South Korea have signed a letter of intent (LoI) to collaborate on energy transition and downstream processing of resources. In what was described as a historic LoI, the WA Government and the Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE) agreed to coop
Swedish marine energy company Minesto has signed an agreement with Poseidon Renewable Energy Corporation for strategic collaboration on the roll-out of tidal energy power plants in the Philippines.
Singapore-based shipowner Kumiai Navigation has doubled its order for dual-fuel VLGC newbuildings at Kawasaki Heavy Industries to two ships. Each vessel has a capacity of 86,700 cbm for LPG/liquefied ammonia gas. The first vessel from the series was ordered last year, and now the company has two VLG
Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.
Having aced its sea trials, Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has been delivered to its owner. The 6,000dwt LNG dual-fuel vessel was built by China Merchants Jinling (CMJL) shipyard in Yangzhou, China, and it was d
Japanese oil and shipping company Eneos has opened a demonstration plant in Brisbane, Australia, which will produce methylcyclohexane (MCH), a liquid hydrogen carrier. The use of MCH as a hydrogen carrier has the potential to simplify the storage and transportation of hydrogen, which is otherwise a
McDermott and Eunice Energy Group have signed a memorandum of understanding (MoU) to cooperate on a 2 GW electrical interconnector between Greece and Egypt. Eunice Energy Group is leading the transnational consortium between Greece and Egypt for the Greece-Africa Power (GAP) Interconnector project,
Energy technology company Baker Hughes has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), a subsidiary of Australian iron ore company Fortescue Metals Group, to collaborate on decarbonisation of hard-to-abate industries. Under the MoU, Baker Hughes and FFI will jo
Prysmian Group has finalized the cable laying and burial operations for the submarine power interconnection between Ibiza and Formentera in Spain. Marine installation operations were performed by Prysmian’s cable-laying vessel Cable Enterprise, while burial activities were carried out by the company
From the summer of 2023, the Port of Rotterdam, Europe’s top bunkering port, will provide methanol bunkering to sea-going vessels on a regular basis. Last year saw several sea-going ships bunker methanol at the port, the port figures show, resulting in a total of 1,500 tons of methanol sold in 2022.
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
The Netherlands and Australia have signed a memorandum of understanding (MoU) to support the development of a renewable hydrogen supply chain from Australia to Europe. In what was described as a milestone agreement, Australia’s Climate Change and Energy Minister Chris Bowen and the Dutch Minister fo
