3686 results found for 'methanol'

3686 results found for 'methanol'
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  • KSOE poised to hit $14.9 billion order target earlier than expected

    6 July 2021
    Business & Finance, Vessels

    The latest plethora of deals scored by South Korea’s largest shipbuilder has enabled Korea Shipbuilding & Offshore Engineering (KSOE), a holding company of Hyundai Heavy Industries Group, to hit 94 percent of its $14.9 billion target for this year. The company announced several deals late last week for a total of 11 vessels, pushing the […]

  • Dorian LPG Looking into LPG Switch for its VLGCs

    4 May 2018
    Business & Finance

    Dorian LPG to study retrofitting ten of its very large gas carriers to use liquefied petroleum gas as fuel.

  • Seeing LNG as ‘pragmatic solution’ for energy transition, Mitsui & Co. buys majority stake in US gas asset

    20 April 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Japanese trading company Mitsui & Co., through its US-based subsidiary, has acquired an unconventional gas asset in Texas in line with its belief that natural gas and LNG will play an important role as a “pragmatic solution” for the energy transition. On 20 April, Mitsui said it completed the acquisition of approximately 92% working interest […]

  • CMS completes world’s first 36K maintenance on dual-fuel engine

    26 July 2022
    Business Developments & Projects, Operations & Maintenance

    CSSC Marine Service Co. (CMS), the equipment service subsidiary of China State Shipbuilding Corporation (CSSC), has completed what is said to be the world’s first ever 36,000 running hours major maintenance on dual-fuel engines. The overhaul was carried out by CMS Korea at the Malaysia Marine & Heavy Engineering (MMHE) shipyard in June 2022. The […]

  • LNG-fueled CLdN Faustine to serve Gothenburg-Zeebrugge route

    21 December 2021
    Infrastructure, Ports & Logistics, Vessels

    Luxembourg-based shipping group CLdN’s LNG-fueled newbuild CLdN Faustine will serve the route between the Port of Gothenburg and Zeebrugge, bringing environmental benefits.

  • MAN showcases its ME-GA Engine

    19 March 2021
    Equipment, Technology, Transition

    MAN Energy Solutions unveiled yesterday its latest low-speed, dual-fuel engine, a MAN B&W ME-GA type, at a ceremony live-streamed from its Copenhagen Research Centre. The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil running. The engine manufacturer said that the ME-GA engine is inherently Tier II and Tier III […]

  • Launching of Two PSVs by Cochin Shipyard Limited (India)

    6 August 2012
    Business & Finance

    Cochin Shipyard Limited (CSL) launched two Platform Supply Vessels (PSVs) being built for European clients on 04 August 2012 bearing the yard Hull Nos. BY-89 & BY-90. Shri Osman Sevver, Owner’s Representative launched the first vessel BY-89 and Shri George Thomas Roy, Chief General Manager (Tech), CSL, launched the second vessel BY-90, in the presence […]

  • MEO Australia Wins Tassie Shoal Extension

    29 March 2012

    MEO Australia said that the Federal Government has updated the Timor Sea LNG Project environmental approval. Concurrent with this revision the Department confirmed that the approval will remain valid until at least 28th March 2017. The Federal Department of Sustainability, Environment, Water, Population and Communities reviewed the status of the environmental approval under the Environment […]

  • MSC makes waves again with a fresh order for 10 LNG-powered newbuilds

    9 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a 10,300 TEU capacity, the shipyard said. These 10,000-TEU dual-fuel container ships have been developed and […]

  • Equinor to tackle nonconformity on Norwegian Sea platform

    25 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Regulator has conducted an audit of Equinor’s follow-up on the maintenance of concrete structures and tension legs on a platform off Norway.

  • €420M green shipping fund launched in the Netherlands

    26 November 2021
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Amsterdam-based sustainable investment management company Prow Capital has launched a €420 million (about $474 million) green shipping fund.

  • Drewry: 2020 Sulphur Cap Conundrum for Chemical Tankers

    24 January 2019
    Rules & Regulation

    IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners.

  • Marine industry in dire need of regulations that invite capital into production of green fuels

    19 September 2022
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    The marine industry is moving too slowly in relation to decarbonisation, held back by a lack of regulations that would incentivise a quicker pick-up of synthetic fuels, MAN Energy Solutions’ Chief Sales Officer Wayne Jones has warned. Jones believes that without further action, global shipping might significantly overshoot the targets set by the Paris Agreement […]

  • Maersk backs Clean Shipping Act

    21 September 2022
    Authorities & Government, Environment, Green Marine, Regulation & Policy, Transition

    Container shipping major Maersk has voiced support for the Clean Shipping Act, the first stand-alone legislation in the U.S. that aims to address pollution from the shipping industry. The bill was introduced into the U.S. Congress in July 2022 by Congressman Alan Lowenthal who represents the Port of Long Beach, one of the nation’s busiest […]

  • USA: Marathon Oil Q3 Profit Declines

    2 November 2011

    Marathon Oil Corporation  reported third quarter 2011 net income of $405 million, or $0.57 per diluted share. Net income in the third quarter of 2010 was $696 million, or $0.98 per diluted share. On June 30, 2011, Marathon Oil completed the spin-off of its Refining, Marketing and Transportation business, which is now reported as discontinued […]

  • Jan De Nul orders world’s largest cable-laying vessel from China

    2 October 2023
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Jan De Nul has placed an order for an extra-large cable-laying vessel (CLV) at China’s CMHI Haimen shipyard, which, with its cable-carrying capacity of 28,000 tonnes, is said to be the world’s largest. Named Fleeming Jenkin, the CLV will be equipped with three cable carousels, two mounted on deck and third below deck, and a […]

  • USA: Hornbeck’s New OSV ‘HOS RED ROCK’ Floats

    27 June 2013

    Eastern Shipbuilding Group, Inc. announced the christening and subsequent launching of the M/V HOS RED ROCK for Hornbeck Offshore Services, LLC. The event was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests. Attending from Hornbeck was William “Bill” Krewsky, Director of Engineering and Project Management, and Scott Siberski, Manager of Projects, […]

  • USA: Eastern Shipbuilding Christens Hornbeck’s MV ‘HOS Red Rock’

    27 June 2013
    Business & Finance

    Eastern Shipbuilding Group, Inc. announced the christening and subsequent launching of the M/V HOS RED ROCK for Hornbeck Offshore Services, LLC. The event was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests. Attending from Hornbeck was William “Bill” Krewsky, Director of Engineering and Project Management, and Scott Siberski, Manager of Projects, […]

  • Alma Clean Power, Odfjell and DNV to trial SOFCs on chemical tanker

    2 October 2023
    Collaboration, Innovation, Project & Tenders, Technology

    Alma Clean Power, Odfjell and DNV have decided to test a solid oxide fuel cell (SOFC) system onboard a chemical tanker.

  • Euronav splashes $112 million on VLCC newbuild

    16 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Belgian tanker shipping major Euronav has entered into a deal to buy a Very Large Crude Carrier (VLCC) newbuild from an undisclosed party, paying $112.2 million for the vessel. Under the deal, the company has an option for an additional VLCC newbuild. Euronav said that it has two months to decide whether it would exercise […]

  • Thyssenkrupp Uhde to run feasibility study for Han-Ho H2 hub project

    10 August 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development

    Thyssenkrupp Uhde, a Germany-based subsidiary of Thyssenkrupp that specializes in chemical engineering, has been engaged by Ark Energy, an Australian renewable energy company, on behalf of the Han-Ho H2 consortium, to deliver a feasibility study to support the development of the Han-Ho H2 hub project. The study, set to involve a comprehensive techno-economic analysis of […]

  • Global blue hydrogen market to reach $34 billion, predicts IDTechEx

    23 February 2023
    Market Outlooks, Outlook & Strategy

    In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. The company predicted that future blue hydrogen demand will be mainly driven by industrial clusters, encompassing many industries in one area, refining, ammonia, […]

  • X-Press Feeders welcomes scrubber-fitted mid-size boxship into the fleet

    28 June 2023
    Green Marine, Vessels

    Shanghai Waigaoqiao Shipbuilding Co. Ltd., in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), held a naming and delivery ceremony on Sunday for the second 7,000 TEU medium-sized container ship, X-Press Capella, commissioned by Singapore-based shipowner X-Press Feeders. The containership features an eco-friendly design concept and incorporates an open-loop scrubber. The ship is fitted with […]

  • Capital Ship Management takes delivery of 2nd ammonia-ready VLCC

    26 October 2022
    Green Marine, Vessels

    Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted VLCC tanker was built by Hyundai Samho Heavy Industries, South Korea. The first vessel from the series M/T Amore Mio was delivered two […]

  • Deltamarin inks engineering deal for Höegh Autoliners’ multi-fuel car carriers

    26 January 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Finland-based ship designer Deltamarin has signed an agreement with China Merchants Industry (Jiangsu) for the design and engineering of the new series of Höegh Autoliners Aurora-class pure car & truck carriers (PCTCs).