U.S. oil company Occidental Petroleum claims that it is doing more than American electric vehicle and clean energy company Tesla to reduce greenhouse gas emissions.
Navigator Holdings Ltd, owner and operator of the world’s largest fleet of Handysize liquefied gas carriers, has launched the company’s first carbon-neutral voyage. Specifically, Navigator Capricorn, a 20,550cbm semi-refrigerated gas carrier, loaded LPG for U.S. midstream company Sunoco Partners Mar
Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism. The [&hell
The Cyprus Shipping Deputy Ministry (SDM) is launching a range of green incentives to reward vessels that demonstrate effective emission reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environme
China-based Guangzhou Shipyard International (GSI) has held a steel cutting ceremony for the IMOIIMeMAX methanol-fuelled Stena Pro Patria, which is due for delivery in early 2022. The 49,900 dwt Stena Pro Patria will be the first of the three methanol vessels to be built by the joint venture between
Greek shipowner Avin International LTD has ordered a Suezmax tanker from the Chinese shipbuilder New Times Shipbuilding Co., and the tanker is set to become the first ammonia-fuel ready vessel in the world. The landmark 274-meter-long vessel is now under construction and the company has options for
The University of Strathclyde, in conjunction with National Subsea Research Initiative (NSRI) and Subsea UK, have announced a new foundation-level course for the offshore renewable energy sector. Specifically, the course provides a balance of applied engineering and business, targeting technical and
China’s Chengxi Shipyard has delivered the first of twin self-unloading transshipment newbuilds to German shipowner Oldendorff Carriers. The 21,500-DWT transshipment bulkers have been installed with two 1.9-MW Azipod units, as part of a package of electric, digital and connected solutions from ABB.
Norway-based shipping firm Avance Gas Holding has ordered two 91,000 CBM, liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) in South Korea.
Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Prog
For the first time in several years, the Port of Amsterdam saw a significant decline in transhipment volumes in 2020, citing both coronavirus and energy transition effects.
Energy sector service provider Global Energy Group has appointed former Simec Atlantis head Tim Cornelius to the role of group chief executive. Cornelius will be responsible for group financial performance, group strategy as well as transition management from a hydrocarbon to a low-carbon business f
Yara Marine Technologies, a Norway-based provider of exhaust gas cleaning systems, has selected Phoenician Energy’s aluminum-air batteries as the winner of its corporate accelerator program, Yara Marine X. Yara Marine X was launched in September as a startup competition aiming to provide a home for
Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited due to contractual obligations with shipyards and scrubber manufacturers, Gibson Shipbrokers said in its latest weekly report. This might come as a bit surpri
