3696 results found for 'methanol'

3696 results found for 'methanol'
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  • USA: BP to Donate Funds to Protect and Rehabilitate Wildlife in Gulf States

    9 June 2010

    As part of its commitment to restore the environment and habitats in the Gulf Coast region, BP today announced that it will donate the net revenue from oil recovered from the MC252 spill to create a new wildlife fund to create, restore, improve and protect wildlife habitat along the coastline of Louisiana, Mississippi, Alabama, and […]

  • Maersk CEO: Low Sulphur Fuel Best Solution for 2020 Sulphur Cap

    27 April 2018
    Business & Finance

    Maersk CEO speaks of industry developments and way forward at Singapore Maritime Week 2018.

  • Hafnia acquires 32-strong fuel-efficient tanker fleet

    11 November 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Singapore-based tanker owner and operator Hafnia has unveiled the decision to acquire 32 fuel-efficient IMO II product/chemical tankers.

  • Eastern Pacific, NTU Singapore to study ammonia as marine fuel

    15 June 2021
    Authorities & Government, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Research & Development, Transition

    Singapore’s Eastern Pacific Shipping (EPS) has joined a study with Nanyang Technological University, Singapore (NTU Singapore) to explore the use of ammonia as an alternative marine fuel. The joint study will cover green ammonia production and supply, ammonia bunkering process, and potential issues arising from adopting ammonia as a marine fuel. Ammonia is widely viewed […]

  • WFW: Biofuels trump LNG as most popular alternative for the next 5 years

    11 April 2023
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen by nearly […]

  • JV for large-scale LPG and bulk liquids export terminal launches in Canada

    26 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development

    Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with marine infrastructure on Ridley […]

  • Korean majors led by Sinokor and HMM forge alliance to develop nuclear-powered ships

    10 February 2023
    Business Developments & Projects, Collaboration, Environment, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, the Korean Research Institute of Ship & Ocean Engineering (KRISO), the Korean Register, Wooyang Shipping Co, […]

  • GCMD, partners launch $18M drop-in biofuels pilot project

    26 July 2022
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    Singapore-based Global Centre for Maritime Decarbonisation (GCMD) is leading a consortium of 18 industry partners in a drop-in biofuels pilot project aimed at establishing an assurance framework for ensuring the supply chain integrity of current and future green marine fuels. The consortium has allocated $18 million for the project that will help to shape national […]

  • Jaya delivers ‘Atlantic Merlin’ AHTS to Canadian client

    11 February 2014

    Jaya Holdings Limited, has delivered its second new build ice class anchor handling tug supply vessel to Canadian buyers, Atlantic Towing Limited. The 16,000 BHP vessel was delivered on 7 February 2014 in Singapore and was christened the “Atlantic Merlin” at a naming ceremony held earlier today. She was previously known as “Jaya Sovereign” until her delivery to Atlantic Towing. […]

  • Wood Mackenzie: Global Gas Demand Continues to Grow Strongly

    18 March 2013

     While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam. In fact, Wood Mackenzie forecasts that […]

  • Van Oord to build Hollandse Kust West VI – ‘The most ecological wind farm yet’

    8 September 2023
    Business Developments & Projects, Project & Tenders

    Van Oord and Ecowende, a joint venture of Shell and Eneco, have agreed to collaborate on the construction of the Hollandse Kust West VI offshore wind farm, with the contract(s) for the work to be signed later this year. This will be the most ecological wind farm yet, said Van Oord, whose contract(s) will include […]

  • RHC highlights key measures needed to unleash investor confidence in hydrogen-powered vessels

    18 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    In the race to achieve net-zero emissions, the maritime sector is turning its attention to hydrogen fuel as a potential game-changer. Hydrogen has uses as a direct fuel in both gaseous or potentially liquid form, and also as a feedstock for liquid hydrogen carriers such as ammonia or methanol. However, the road from a design […]

  • Allianz: Shipping reports lowest losses, but decarbonization poses an uphill battle

    31 May 2023
    Green Marine, Transition, Vessels

    The shipping industry reported the lowest number of large ships lost in a year, according to Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2023. In 2022, there were 38 total losses of vessels worldwide, a significant decrease of more than a third compared to the previous year. The South China Sea region […]

  • Stolt-Nielsen units explore potential of ammonia as alternative fuel

    28 March 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Research & Development, Transition

    Stolt-Nielsen’s units Stolthaven Terminals and Stolt Tankers are exploring the potential of ammonia as a greener alternative to traditional petroleum-based marine fuels to support the ongoing transition to low and zero-carbon energies. In line with this, Stolthaven Terminals, a provider of storage services for bulk liquids and gases, has joined the Ammonia Energy Association (AEA) […]

  • OOCL unveils its 1st 24,188 TEU mega vessel

    16 February 2023
    Business Developments & Projects, Certification & Classification, Green Marine, Vessels

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has taken delivery of its first 24,188 TEU mega vessel. The vessel was officially named OOCL Spain at a ceremony held today at the No.2 outfitting quay of Nantong COSCO KHI Ship Engineering Co. (NACKS) in Nantong, China. OOCL Spain is capable of carrying up to […]

  • UK: Subsea 7 Granted EPIC North Sea Contract Worth $135 Million

    11 June 2010
    Business & Finance, Equipment

    Subsea 7 Inc, one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by BP Exploration Operating Company Ltd. for the Andrew Area Development Project in the UK sector of the North Sea. The contract is valued in excess of […]

  • Wood Mackenzie: Global Gas Demand Continues to Grow

    12 March 2013

    While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam. In fact, Wood Mackenzie forecasts that […]

  • MEO Australia MD Discusses Forward Strategy

    16 December 2010

    MEO Australia Managing Director Jürgen Hendrich Discusses Forward Strategy with Openbriefing.com: MEO Australia Limited announced this week that the Artemis-1 wildcat exploration well (WA-360-P, MEO 25%) located in the Carnarvon Basin, offshore Western Australia, failed to find gas. What are the implications of this result for shareholder value? MD & CEO Jürgen Hendrich Any expectation […]

  • Freeport East could play a key role in hydrogen-enabled shipping corridors, study shows

    20 September 2023
    Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Research & Development

    Freeport East, one of eight new Freeports in England covering an area within roughly 45 kilometers of the ports of Felixstowe and Harwich, holds the potential to become a key player in the development of hydrogen-enabled green shipping corridors as well as decarbonization of transport, a new study suggests. The study published on September 12, […]

  • ICS Encourages Strict Sulphur Rules Implementation

    1 December 2014
    Business & Finance

    The shipping industry is fully committed to total compliance with the 0.1% sulphur in fuel requirements in Emission Control Areas (ECA) from January 2015, and there is no reason to suggest that there will not be full compliance, says the International Chamber of Shipping (ICS). But there is “concern amongst those owners who know that […]

  • MAN ES’ four-stroke engine project aims for 70% reduction in methane slip

    20 November 2023
    Equipment, Vessels

    German engine manufacturer MAN Energy Solutions (MAN ES) has revealed that it is developing an oxidation catalyst for four-stroke engines that will reduce methane slip by 70%.

  • EU urges IMO to set net-zero emissions target for 2050

    26 June 2023
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The European Union (EU) has put forward an ambitious proposal to achieve net-zero emissions in the shipping sector by 2050. On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the Climate Action Selwin Hart, hosted a meeting in New York […]

  • Hapag-Lloyd CEO: If we do order ships, it will be smaller classes and alternative propulsion

    14 March 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vision

    German liner heavy-weight Hapag-Lloyd is not planning any significant orders this year in the newbuilding space, especially not in the ultra-large containership sector. Speaking earlier today in a virtual live session, Hapag-Lloyd CEO Rolf Habben Jansen said that if the company does move forward with a decision to order new ships, it would most probably […]

  • Al Seer Marine unveils orders for two additional MR tankers, VLGC

    8 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Vessels

    Al Seer Marine, a unit of Abu Dhabi-based International Holding Company, confirmed an order for two additional MR tankers at Korea’s shipbuilder K Shipbuilding. The order was disclosed in a stock exchange filing, a month after K Shipbuilding announced the deal without disclosing the name of the shipowner behind the contract. Al Seer Marine is […]

  • Port of Singapore eyes more clean fuel options

    14 January 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other zero or low carbon fuel types.