Energy major, Aramco, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy - an LNG company formed and managed by investment company EIG, for $500 million. Aramco has the option to increase its shareholding and...
Seapath and Pilot LNG have formed a joint venture to develop, construct, and operate the first dedicated liquefied natural gas (LNG) bunkering facility in the Galveston Bay area, on the US Gulf Coast.
As the summer of record-breaking heatwaves across Europe finally comes to an end, pressure is mounting on the maritime industry to decarbonise faster. But what measures are being put in place to ensure the 2050 global net-zero goals are achieved...
Cosco Shipping, State Power Investment Corporation (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) have signed a Memorandum of Cooperation for China’s first green methanol industrial chain.
OCI Global is doubling its green methanol production as demand from shipping is set to ramp up dramatically.
As much as two-fifths of all carbon neutral fuels produced in 2030 will be needed to meet the needs of the shipping sector according to DNV’s latest Maritime Forecast 2050 published today.
Analysis from the Copenhagen-based Global Maritime Forum (GMF) concludes that ammonia-powered gas carriers could compete effectively with conventionally fuelled ships before 2030 and possibly as soon as 2026.
An all-electric one-deck catamaran ferry under construction at Incat in Tasmania is to have Corvus Energy battery systems four times larger than any so far.
Wallenius Wilhelmsen has announced it is going to build up to twelve methanol dual fuel pure car and truck carriers (PCTC) at China’s Jinling Shipyard with the first vessels set to be delivered from the second half of 2026..