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The LNG Canada project in Kitimat has reached a new milestone with the installation of its first bridge module. Courtesy of JGC Fluor JV (JFJV) The module’s primary function is to connect utilities to LNG processing train 1, and it also supports the transportation of LNG from train 1 to the storage tank. JGC Fluor …

Kitimat LNG project hits another milestone Read More »

Container shipping heavyweight Maersk has achieved a major milestone in its efforts to reduce carbon emissions with the successful launching of its first methanol-powered feeder vessel at the Hyundai Mipo Dockyard. Image credit Maersk “The launching was successfully completed at Hyundai Mipo Dockyard and the construction is continuing,” Henrik Ekmann, Head of Newbuilding & Retrofit at Maersk explains. …

Milestone: Maersk launches methanol-powered feeder in bold move toward carbon neutrality Read More »

Onboard carbon capture, utilisation, and storage (OCCUS) has emerged as one of the promising short-term measures shipping can implement for existing vessels to cut carbon emissions. Illustration; Image credit: Value Maritime According to a new report by Lloyd’s Register, OCCUS has a high technology readiness level, however, its investment readiness level is lagging behind. Hence, …

LR: Creating economic incentives for OCCUS adoption key to wider adoption Read More »

The Supreme Court of Korea has rejected GTT’s appeal filed in December 2022 against the decision of the Seoul High Court, confirming the company’s obligation to separate, in whole or in part, the technology license and the technical assistance if requested by the Korean shipyards. Archive / Courtesy of GTT GTT acknowledged the decision, expressing …

GTT-KFTC update: Supreme Court rejects GTT’s December appeal Read More »

Northern Lights, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has held a keel-laying ceremony for the first two new LNG-powered, wind-assisted LCO2 transportation ships. Credit: Northern Lights As informed, the ceremony took place at Dalian Shipbuilding Industry Co. (DSIC) yard in China on 13 April. Keel laying is a ceremonial recognition of the shipbuilding start in the …

Keel laid for Northern Lights’ LNG-powered LCO2 carrier duo Read More »

The Danish government is working to withdraw from the Energy Charter Treaty (ECT) due to possible concerns and risks for the green transition, among other things. The ECT is a trade and investment agreement that aims to create secure framework conditions and make it attractive for private investors to invest between the countries in the …

Denmark seeks to exit Energy Charter Treaty due to energy transition concerns Read More »

Energy company Idemitsu Kosan has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste. Courtesy of Idemitsu Kosan The study is conducted in collaboration with US-based H-Cycle (HC), a developer of a thermal conversion process that uses heat and electricity to transform waste into hydrogen with minimal emissions, …

Idemitsu looks into clean hydrogen production generated from waste Read More »

Global wave and tidal energy market was valued at $477.81 million in 2022 and is projected to generate a revenue of around $10 billion by 2031 at a compound annual growth rate (CAGR) of 43% during the forecast period, analytics and advisory company Astute Analytica found in its latest report. Illustration/Orbital Marine’s O2 tidal turbine (Courtesy …

Global wave and tidal energy market poised to reach $10 bln by 2031, report shows Read More »