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BP and PetroChina secure regasification capacity at Gate LNG terminal

Gate LNG terminal, a joint venture of Dutch companies Vopak and Gasunie, has announced that energy majors BP and PetroChina International London Co. Ltd will each separately acquire two billion cubic metres (BCM) per year of regasification and corresponding storage capacity. Courtesy of Gasunie Gate terminal informed that both companies committed to a capacity booking …

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Keppel intensifies its efforts in production and use of hydrogen and ammonia

To boost its efforts in the production and use of green hydrogen and ammonia as low-carbon energy sources, Singapore-based Keppel Corporation has joined the Central Queensland hydrogen (CQ-H2) project consortium to develop a large-scale green hydrogen project in Australia and signed a Memorandum of Understanding (MoU) with technology supplier Incitec Pivot Limited (IPL) on an …

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Norden expands into wind energy and general cargo market with Thorco Projects acquisition

Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. Image credit: Norden/Thorco Projects This strategic move marks Norden’s expansion into new markets including the wind energy segment, which is a growing sector due to increased renewable energy …

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Tidal energy plant in China exceeds 5 years of continuous operation

The LHD tidal current energy demonstration project, being developed near Xiushan island in China’s Zhejiang Province, has exceeded 60 months of continuous operation. LHD’s tidal power plant near Xiushan island (Archive/Courtsy of LHD New Energy Corporation) ed by Chinese company LHD New Energy Corporation, the project has been under development since 2016, with the implementation …

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DP World: Direct carbon emissions down by 5 per cent in 2022

DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target.  DP World The ESG report, published on 25 May, has been developed in accordance with the latest Global Reporting Initiative (GRI) Standards.  Over the …

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KSOE enjoying ordering spree, inks $93.3mln deal for product carrier duo

South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received a contract for the construction of two product carriers. Illustration; Image credit: Hyundai Mipo Dockyard As informed, the vessels will be built for an unnamed Asian shipowner. Hyundai Mipo Dockyard Co., (HMD) one of HD Korea Shipbuilding & Offshore Engineering’s three …

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Se publica la actualización del Índice de Costes de la Logística de Vehículos Terminados (FVL) para el cuarto trimestre de 2022

La Asociación Europea de Logística de Vehículos (ECG) y PwC Austria amplían su colaboración para publicar actualizaciones periódicas del índice. El Índice de Costes de la Logística de Vehículos Terminados (FVL) para el cuarto trimestre de 2022 se sitúa en 158,3, lo que supone un aumento de los costes del 58,3% entre enero de 2019 …

Se publica la actualización del Índice de Costes de la Logística de Vehículos Terminados (FVL) para el cuarto trimestre de 2022 Read More »

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