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...
NUCLEAR-POWERED CONTAINERSHIPS COULD UNLOCK $68 MILLION IN ANNUAL SAVINGS AND ELIMINATE GHG EMISSIONS
A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance.
Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions...
SOUTH KOREA SEEKS ARREST OF MASTER AS PROBE INTO FERRY GROUNDING WIDENS
South Korea’s Coast Guard is moving aggressively with its investigation into the grounding last week of the ferry Queen Jenuvia II with 246 passengers and 21 crewmembers aboard. The Mokpo Coast Guard has sought...
CANADA’S FIRST LARGE-SCALE EXPORT PROJECT SENDS OFF ANOTHER LNG CARGO
With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export...
TSB HIGHLIGHTS FREE-FALL LIFEBOAT RISK AS ACCIDENTAL RELEASE INJURES CREW
Maritime investigators are yet again highlighting the dangers associated with free-fall lifeboats on commercial vessels after an inadvertent release sent a lifeboat flying into the water and caused serious injuries to a crewmember. The...
HAPAG-LLOYD’S FUTURE-PROOF 16,800 TEU BOXSHIPS TO FEATURE TMC TECHNOLOGY
Norway’s TMC Compressors has been selected to supply a complete compressed air system for a dozen alternative fuel-ready containerships being constructed for German shipping titan Hapag-Lloyd in China.
As disclosed, China’s Jiangsu New Yangzi Shipbuilding...