EARLY THICK ARCTIC ICE FORCES RUSSIAN LNG CARRIER TO RETREAT
Russia’s attempts to continue to ship LNG from the sanctioned Arctic LNG 2 site to China appear to have been stymied by an early onset of thick winter ice. Russian media reports are that...
EDISON SHAKES HANDS WITH KNUTSEN FOR NEW LNG VESSEL TO BE BUILT BY HANWHA...
Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal...
CMA CGM SET TO RESTORE FIRST ROUTE THROUGH SUEZ/RED SEA
French carrier CMA CGM is reportedly poised to become the first major carrier to restore service on one of its routes transiting the Red Sea and Suez Canal. While the industry expects the return,...
SEVEN-YEAR GAS SUPPLY DEAL IS A GO AS PUERTO RICO BACKS IT UP
U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG)...
THIRD LCO2 CARRIER TO LAUNCH EUROPE’S LARGEST CARBON CAPTURE PROJECT
Norway’s Northern Lights project, along with Japanese ship operator “K” Line (Kawasaki Kisen Kaisha), marked the delivery of the third commercial liquefied CO2 transport vessel. The ship named Northern Phoenix will join the operation...
EU ENDORSES 235 CROSS-BORDER ENERGY PROJECTS TO SCALE UP ELECTRICITY, HYDROGEN, AND CO2 INFRASTRUCTURE
As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common...
NORSEPOWER EXTENDS WIND ROTOR INSTALLATIONS TO JAPANESE NEWBUILD VLCCS
Wind-assisted propulsion continues to make advancements into more segments of the shipping industry, with Norsepower reporting it has signed its first contract for newbuild VLCCs and its first newbuilds in Japan. The company offers...
15-YEAR OFFTAKE TASKS UK FIRM WITH LNG SUPPLY MISSION ON HONDURAS’ CARIBBEAN COAST
UK-based energy player Centrica has landed a multi-year liquefied natural gas (LNG) assignment in Honduras, a Central American country in the northern part of North America.
Thanks to the signing of a 15-year sale and...
FROM ALTERNATIVE TO ANCHOR: CHARTING THE LNG SURGE IN GLOBAL SHIPPING
In a seismic era for shipping and global sustainability efforts, the perception of LNG as a marine fuel has shifted dramatically in recent years. Once seen as one of many ‘alternatives’ in the future...
STENA LINE NAMES ITS NEW HYBRID FERRY AT BELFAST HARBOUR
Swedish ferry company Stena Line has named Stena Futura, its new methanol-ready hybrid freight ferry, at Belfast Harbour, Northern Ireland’s maritime hub.
This hybrid freight ferry is said to mark a significant milestone in Stena...