Safetytech Accelerator, together with CoolCo, MOL, and Shell, has selected Green Instruments and Everimpact systems to be evaluated by the Methane Abatement in Maritime innovation initiative (MAMII).
The settlement of the long running wrangle for control of Euronav between Frontline and CMB will see the company diversifying away from crude oil transportation and taking a stronger role in decarbonisation.
John Fredriksen’s Frontline is set to become the largest public-listed pure play tanker owner with the acquisition of 24 VLCCs from Euronav for $2.35 billion.
Disruption to long-running LNG supply chains over the last 18 months has dramatically affected global trades in LNG. Energy security has shot up the agenda for many consuming nations, particularly in Europe, and LNG trade by sea is now more...
Consolidation continues in the US flag sector with Maritime Partners acquiring a fleet of tankers and a support vessel from Maersk.
Oslo analyst, Rystad Energy, predicts that no fewer than 174 export terminals will focus primarily on converting hydrogen into ammonia by 2035, accounting for 62% of hydrogen exports or about 13.5 million tonnes per year.
Japan Suiso Energy (JSE), and shipping companies, K Line, Mitsui OSK Lines (MOL), NYK, are forming a joint venture to develop hydrogen carriers.
Attendees at the Saudi Maritime Congress witnessed the signings of Memorandum of Understandings (MoUs) between the Saudi Investment Recycling Company (SIRC) and leading shipowning and port entities.
Malaysian shipowner MISC has sold two LNG carriers to Japanese owner Nissen Kaiun.