RISE IN COSTS TO $1.98 BILLION AMONG FACTORS IMPACTING EQUINOR’S LOW-EMISSION GAS PROJECT
Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG)...
CONSTRUCTION ORDER PLACED FOR FIRST AUTONOMOUS, WIND-POWERED CARGO SHIP
A California-based startup called Clippership, working with a team of established leaders in the maritime community, reports it has completed designs classed by RINA for its first vessel, a wind-powered cargo ship designed for...
ANOTHER MULTI-YEAR LNG OFFTAKE DEAL IN JERA’S HANDS
Japan’s power generation major JERA has won a long-term liquefied natural gas (LNG) supply agreement with Hokkaido Gas, said to be a key regional energy provider.
Thanks to a seven-year sale and purchase agreement (SPA)...
HAPAG AND NCL WIN TENDER FROM MAJOR BRANDS FOR E-FUEL CONTAINER SHIPPING
A buyers alliance made up of major brands, including Amazon, Patagonia, IKEA, Nike, and others, awarded its second tender for low-emission container shipping to Hapag-Lloyd and North Sea Container Lines. The project aggregates demand...
12-YEAR DEAL IN THE BAG FOR CANADA’S $4B HYDRO-POWERED FLOATING LNG PROJECT
Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, has secured a new multi-year agreement for its floating liquefied natural gas (LNG) (FLNG) facility located in the...
AFTER U.S. BUST, FOUR TANKERS TURN AROUND INSTEAD OF CALLING IN VENEZUELA
Venezuela's oil exports are coming under heavy pressure after the U.S. seized the VLCC Skipper off the country's shores last week. The boarding netted 1.85 million barrels of oil and one 20-year-old supertanker for...
ABB AND HDF PLAN SERIAL PRODUCTION OF HIGH-POWER FUEL CELL UNITS FROM 2030
Swedish-Swiss ABB and France-based HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit that will enable megawatt-scale installations to power large seagoing ships.
The partners, who signed a memorandum...
UBER PIONEERS FIRST FULLY ELECTRIC ZERO-EMISSIONS FERRY IN LONDON
Ferry transport in London is entering a new phase, focusing on sustainability following the launch of a zero-emission vessel. The boat is being promoted as transforming the experience of passengers travelling along the Thames.
Four...
TEN-YEAR JOB FOR WOOD ON US GULF COAST LNG PROJECT
Scotland-headquartered engineering and consulting company Wood has won a multi-year assignment with Houston-headquartered NextDecade Corporation for a liquefied natural gas (LNG) export project in Texas, United States.
The ten-year contract with NextDecade will enable Wood...
POWERED BY PERSPECTIVE: COSCO ENERGY TRANSITION
LR Advisory partnered with COSCO SHIPPING to address IMO zero-carbon requirements. LR led a global consortium to deliver a comprehensive Energy Transition Strategy Report and a techno-economic model, giving COSCO SHIPPING the strategic clarity...