3678 results found for 'methanol'

3678 results found for 'methanol'
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  • Watch: AAL Shipping’s methanol-ready mega-size vessel floated out in China

    8 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched.

  • RINA partners with Gas and Heat on ammonia-fuelled bunker vessel

    23 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Vessels

    Italian classification society RINA has teamed up with Gas and Heat, a compatriot company specializing in the design and construction of cargo handling systems, on the development of a cargo and fuel gas system for an ammonia-fuelled bunker vessel. Within this agreement, Gas and Heat will develop the basic design of the system and RINA […]

  • Pacific Basin forms new committee to drive sustainability agenda

    11 January 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping  Limited has established a dedicated board-level Sustainability Committee to better align its business strategy to sustainability targets.

  • After Sweden, Denmark ends investigation into Nord Stream pipeline explosions

    26 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Denmark has ended its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022, becoming the second country to do so. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2 pipelines in September […]

  • COSCO Shipping Energy picks methanol for six new tankers

    3 January 2024
    Business Developments & Projects

    Shanghai-listed China COSCO Shipping Energy Transportation has finalized strategic shipbuilding contracts for six new tankers worth a total of $449 million ( approximately RMB 2.9 billion). Hainan COSCO Shipping Energy, the company’s subsidiary, signed contracts with Yangzhou COSCO Shipping Heavy Industry for the construction of three 114,200 dwt Aframax-type crude oil tankers, totaling $289 million. […]

  • Seaspan welcomes another 15K TEU boxship, ONE Focus

    15 January 2024
    Vessels

    The fifth 15,000 TEU containership ONE Focus, built by Chinese shipbuilder Yangzijiang Shipbuilding, has joined Seaspan’s fleet.

  • Safe Bulkers bolsters fleet with Phase 3 – NOx Tier III Kamsarmax newbuild

    11 January 2024
    Business Developments & Projects, Green Marine, Vessels

    New York-listed dry bulk owner Safe Bulkers has entered into a deal to acquire an 82,000 dwt Kamsarmax bulker with a scheduled delivery date within the third quarter of 2026. According to Safe Bulkers, the newbuild vessel is designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of greenhouse gas […]

  • ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

    11 January 2024
    Authorities & Government, Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systematic Assessment of Vessel Emissions (SAVE) model, Hae Jeong Cho, ICCT Associate […]

  • Deltamarin to design LDA’s new wind-powered ROROs

    10 January 2024
    Business Developments & Projects, Green Marine, Vessels

    Finland-based marine engineering company Deltamarin has struck a deal with Louis Dreyfus Armateurs (LDA) and Wuchang Shipbuilding Industry Group Co Ltd. (WSIG) to design three roll-on/roll-off vessels for Airbus aircraft subassembly transportation. The construction of the vessels has been commissioned by Airbus as part of its fleet renewal efforts. The three RoRos will be propelled by six […]

  • World’s largest LNG-powered car carrier named and delivered

    17 January 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Earlier today SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji Logistics, a subsidiary of SAIC Group. Saic Motor said that SAIC Anji Sincerity stands out as the […]

  • Spanish logistics company secures 50% stake in ammonia terminal in US

    17 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. The operation took place after obtaining approval from the competent regulatory authorities, Exolum said, adding that Dutch Royal […]

  • Wison Offshore & Marine rebrands to reflect changes in energy industry

    3 January 2024
    Business Developments & Projects, Outlook & Strategy

    China’s Wison Offshore & Marine has changed its name to Wison New Energies to “better represent” the company’s commitment to providing low-carbon technologies and solutions. Wison said the name change reflects the company’s vision about energy challenges and how to address them, adding that from the very start of its inception, Wison has focused on […]

  • Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping

    4 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology

    “Catalytic ceramic membrane reactors allow us to generate hydrogen offshore via methanol-reforming or ammonia cracking and promote its application as a fuel,” said Mohit Jain, Research Associate at German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). At the Offshore Energy Exhibition & Conference (OEEC) 2023 in Amsterdam, Jain presented Fraunhofer’s hydrogen generation technology using […]

  • H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark

    15 January 2024
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy

    H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bringing the project closer to a final investment decision (FID). […]

  • MGC teams up with Maersk and Yokohama city to promote use of green methanol

    27 December 2023
    Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics, Research & Development

    Japan’s Mitsubishi Gas Chemical Company (MGC) has signed a memorandum of understanding (MoU) with the City of Yokohama and shipping giant Maersk to promote the use of green methanol at the Port of Yokohama. On December 27, MGC announced the signing of the MoU which aims to decarbonize international marine transportation, promote the Japanese government’s […]

  • Danish PtX equipment manufacturer expands activities globally

    12 January 2024
    Business Developments & Projects, Outlook & Strategy

    Danish Eltronic PtX, a manufacturer of equipment for the Power-to-X (PtX) industry, established in early 2023, is broadening activities in Denmark and the United States (U.S.). A new 3000 square meter facility is currently being planned at Eltronic’s headquarters in Denmark, with the company also planning to commence deliveries of gas handling systems in the […]

  • Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

    17 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Transition

    Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally, we will benefit from efficiency gains in our operations and joint […]

  • Eni reveals ‘excellent’ annual results as natural gas and LNG business cushions drop in profit

    16 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    Eni has disclosed strong financial and operating results for 4Q and full year 2023 on the back of its natural gas and LNG portfolio.

  • LNG permitting freeze in court-imposed meltdown mode: Game over for ‘epiphany of ideocracy’ or more fierce US energy battles?

    8 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    A preliminary injunction from a court in Louisiana has broken a temporary lull in approvals of U.S. liquefied natural gas (LNG) exports to non-free trade agreement (FTA) countries, widening the gap between Big Oil supporters and fossil fuel fighters while the case plays out.

  • Partnership with Maersk will help Hapag double down on its sustainability targets, Jansen says

    18 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Transition, Vessels, Vision

    This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading to Hapag’s withdrawal from THE Alliance. The move marks […]

  • Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

    3 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shipping industries decarbonization pathway, with […]

  • Denmark launches Green Fuels Alliance India

    8 January 2024
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy

    Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.

  • TNPA selects operator for LNG terminal in South Africa

    11 January 2024
    Business Developments & Projects, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Transnet National Ports Authority (TNPA) has appointed the Vopak Terminal Durban & Transnet Pipelines (TPL) Consortium Venture as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay in South Africa. Specifically, following a procurement process through a ‘Request for Proposals,’ TNPA appointed the consortium venture […]

  • UMAS: Early movers are vital in setting up a zero-emissions shipping market

    27 December 2023
    Outlook & Strategy, Transition

    There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.

  • Fresh oil, gas, and drilling plays shape global energy ecosystem

    12 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.