3696 results found for 'methanol'

3696 results found for 'methanol'
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  • India: CSL Hands Over High-Tech Platform Supply Vessel Nalanda

    14 August 2012

    Today, Cochin Shipyard Limited delivered the new high-tech Rolls Royce Platform Supply Vessel of UT 755 CD design. The ship “SCI Nalanda’ was delivered to Shipping Corporation of India in the presence of the CMD, SCI, Shri S Hajara and CMD, CSL, Cmde K Subramaniam. The Protocol documents of the ship were signed in the […]

  • IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033

    12 July 2023
    Market Outlooks, Outlook & Strategy

    Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to foster this growth. The report includes technological analyses of all relevant technologies, techno-economic comparisons, detail […]

  • MEPs adopt new rules for greener maritime fuels

    12 July 2023
    Rules & Regulation

    Members of the European Parliament (MEP) have adopted new rules on cleaner maritime fuels, which are part of of the Fit for 55 in 2030 package, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and to decarbonise transport.

  • MEO Australia Provides 2Q Activity Report

    20 July 2012

    MEO Australia Limited provided the following summary in relation to its activities during the quarter ended 30th June 2012. Highlights: Launched farmout of Seruway PSC, North Sumatra ahead of drilling Gurame SE-1x Continued negotiations for rig slot to drill Gurame SE-1x – earliest spud early October Gulf of Thailand well location selection advance, rig expected […]

  • MPA Singapore, classification societies join hands on decarbonisation and digitalisation

    27 April 2023
    Automation, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, IT & Software, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Technology, Transition, Vessels

    The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2023 by Teo Eng Dih, Chief Executive of MPA, and leading executives […]

  • BG Freight opts for Value Maritime’s filtering and CO2 capture system

    21 February 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Technology, Transition, Vessels

    Dutch logistics services provider BG Freight Line has committed to reducing carbon emissions by installing Value Maritime’s Filtree and carbon capture system onboard two of its container vessels.

  • Stena Line: 2 new E-Flexers to join Baltic Sea fleet in 2022

    27 September 2021
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Swedish ferry company Stena Line revealed plans to deploy its two new 240-meter-long fuel-efficient E-Flexer ferries on the Nynäshamn (Sweden) – Ventspils (Latvia) next year.

  • Report: Fire extinguished on offshore platform in Iran

    13 June 2019

    An offshore platform, operated by Pars Oil and Gas Compan (POGC), caught fire in the Persian Gulf offshore Iran on Wednesday.

  • Trinity acquires stake in two Centrica blocks off Trinidad

    17 July 2014
    Business & Finance

    Trinity, the leading independent E&P company focused on Trinidad and Tobago, has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contain four gas discoveries with aggregate gross 2C resources of 268 Bcf […]

  • LNG Technology Heralds New Era in Shipbuilding

    16 April 2013

    DNV now offers shipowners the support they need to make newbuilds and existing vessels ‘LNG ready’ with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages […]

  • Hanwha and affiliates to establish clean hydrogen value chain

    25 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Storage, Technology, Vision

    South Korean Hanwha Group has announced the potential creation of a comprehensive clean hydrogen value chain through collaboration with seven of its affiliates, Hanwha Corporation, Hanwha Energy, Hanwha Solutions, Hanwha Aerospace, Hanwha Ocean, Hanwha Impact and Hanwha Power Systems. The hydrogen value chain is expected to use renewable energy and ammonia and encompass clean hydrogen […]

  • Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts

    6 September 2022
    Green Marine, Market Outlooks, Outlook & Strategy, Transition

    With the fuel transition underway, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals, a forecast released by the classification society DNV reports. DNV released its sixth maritime forecast during SMM, an international maritime trade fair in Hamburg, […]

  • Singapore and Rotterdam to set up world’s longest Green Corridor

    2 August 2022
    Collaboration, Green Marine, Ports & Logistics, Transition

    The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor.  The MoU, signed on the sidelines of the biennial World Cities Summit,  will bring together stakeholders across the supply chain to realise the first sustainable vessels sailing […]

  • MAN ES unleashes a wave of innovation with 37 ammonia tech patent applications

    25 September 2023
    Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    German engine manufacturer MAN Energy Solutions has filed an impressive 37 patent applications as part of its research and development process for an ammonia-powered marine engine. The company has so far completed 71,000 R&D man hours, equalling 48 R&D man years. Investigating the combustibility of its two-stroke ammonia-powered engine began in 2019, while hazard identification […]

  • Hy24 invests in InterContinental Energy’s portfolio of green hydrogen projects

    28 September 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Hy24, the world’s largest clean hydrogen fund, has made a new investment in InterContinental Energy, a company developing large-scale green hydrogen projects, to accelerate the deployment of the company’s portfolio of projects and contribute towards its vision to scale the green hydrogen economy and catalyze large-scale market deployment of green fuels. With the new investment […]

  • What Will Be the Role of Biofuels in Shipping’s Decarbonization?

    11 December 2019

    One of the major concerns related to biofuels’ role as the zero-carbon fuel of the future is the availability shortage.

  • In focus: Finding common ground to navigate energy minefield for carbon-free world

    18 August 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    While no marching orders are in sight for the oil and gas sector, the energy and maritime industries are pulling out all the stops to curb emissions and decarbonise their operations.

  • Next on the horizon: A naming ceremony for an ammonia-powered ship?

    15 September 2023
    Business Developments & Projects, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Thursday witnessed a momentous occasion in the annals of container shipping, one that reverberated with promises of greener, more sustainable days ahead for the maritime industry. The naming ceremony of the world’s first methanol-powered containership, the Laura Maersk, took center stage, signifying a propulsion revolution that is poised to reshape the future of global shipping. […]

  • Santos partners with Tokyo Gas for carbon-neutral e-methane in Australia

    21 November 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Australian energy giant Santos has teamed up with Japan’s largest gas utility company Tokyo Gas to explore opportunities for the production of carbon-neutral e-methane in Australia. Santos, through its new energy business Santos Energy Solutions, agreed with Tokyo Gas to evaluate the potential to produce e-methane for export to Japan, leveraging extensive existing infrastructure. The […]

  • Ardmore returns to VM for carbon capture-ready Filtree systems

    5 June 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon capture ready for collecting CO2 emissions onboard in the future are Ardmore Engineer, […]

  • In focus: The hard truths and wake-up calls in the global energy transition

    13 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as it progresses against the backdrop of today’s tumultuous geopolitical landscape. […]

  • Wärtsilä, MPA Singapore to work on future fuels and talent development

    27 April 2023
    Business Developments & Projects, Collaboration, Green Marine, Human Capital, Outlook & Strategy, Ports & Logistics, Research & Development, Technology, Vessels

    The Maritime and Port Authority of Singapore (MPA) and technology group Wärtsilä have inked a partnership deal that will focus on the introduction of next-generation renewable fuels, optimisation of digital port operations, and developing future talent.  The duo has signed a Memorandum of Understanding (MoU) paving the way for the exploration of renewable fuel technologies and […]

  • Hunter Group, DNV to develop CCS shipping solutions

    6 March 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels

    Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 20-30K cbm feeder vessels with the aim to meet defined […]

  • New JV to establish LNG bunkering hub in Suez Canal by 2025

    26 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez Transit (LETH) to establish a strategic LNG bunkering hub in the Suez Canal by 2025. Earlier this year, the parties signed a memorandum of understanding (MoU) with the purpose of establishing LNG […]

  • IAPH, SGMF team up to enable low & zero-carbon fuels at ports

    1 November 2021
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    The International Association of Ports and Harbors (IAPH) and The Society for Gas as a Marine Fuel (SGMF) have teamed up to accelerate progress on provision of low & zero carbon fuels at ports.