Category: Sustainable Marine Fuels

Venture Global Launches ‘Venture Gator,’ First in New LNG Carrier Fleet

Venture Global Launches ‘Venture Gator,’ First in New LNG Carrier Fleet

July 3, 2024 |

In Virginia, Venture Global announced the launch of LNG carrier ‘Venture Gator’, the first vessel in its advanced LNG fleet, from Samsung Heavy Industries shipyard in Geoji-si, South Korea. The Venture Gator is the first of nine LNG carriers slated for completion over the next 24 months across three South Korean shipyards. This fleet will […]

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Port of Gangavaram Offers Incentives for Green Fuel Use

Port of Gangavaram Offers Incentives for Green Fuel Use

July 3, 2024 |

In India, Manifold Times reports the reinstatement of a 50% waiver on port dues at the Port of Gangavaram, India, for vessels propelled by environmentally friendly fuels such as LNG, ammonia, hydrogen, or electrical power effective from July 1, 2024. This initiative, detailed in a recent GAC Hot Port News report, applies to all vessels […]

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EU-Egypt Green Energy Partnerships Spark €40 Billion in Deals

EU-Egypt Green Energy Partnerships Spark €40 Billion in Deals

July 3, 2024 |

In Egypt, Offshore Energy reports The European Union and Egypt have solidified their partnership with the signing of €40 billion worth of agreements which included green hydrogen and green ammonia production. These deals were highlighted at the EU-Egypt Investment Conference in Cairo held June 29-30, co-organized by the EU and the Egyptian government. Notable projects […]

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Trafigura Completes First Ammonia Ship-to-Ship Transfer

Trafigura Completes First Ammonia Ship-to-Ship Transfer

July 3, 2024 |

In Singapore, Trafigura Group has successfully executed its first ship-to-ship (STS) transfer of 6,000 metric tonnes of ammonia in international waters near Ceuta in the Strait of Gibraltar from the Green Power Medium Gas Carrier (MGC) to the Gas Aegean Small Gas Carrier. The ammonia, supplied by CF Industries from their Donaldsonville Louisiana complex, will […]

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Técnicas Reunidas and IGNIS Partner for €5 Billion Green Ammonia Projects in Spain

Técnicas Reunidas and IGNIS Partner for €5 Billion Green Ammonia Projects in Spain

July 3, 2024 |

In Spain, Técnicas Reunidas has entered into a significant agreement with IGNIS to provide engineering services for the development of up to five green ammonia projects throughout Spain, with potential investments totaling over €5 billion. This collaboration is part of the Ignis P2X project, initiated with KKR, which focuses on developing sustainable hydrogen and ammonia […]

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41% of Tonnage Ordered in 1H 2024 Features Alternative Fuels, Reports Clarksons Research

41% of Tonnage Ordered in 1H 2024 Features Alternative Fuels, Reports Clarksons Research

July 3, 2024 |

In China, Xinde Marine News reports Clarksons Research released its latest Green Technology Tracker, and of the total tonnage ordered in the first half of 2024, 41% is for vessels capable of using alternative fuels, such as LNG, methanol, ammonia, LPG, and hydrogen. Steve Gordon, Global Head of Clarksons Research, noted that despite a decline […]

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Maritime Partners Acquires e1 Marine, for Undisclosed Sum

Maritime Partners Acquires e1 Marine, for Undisclosed Sum

July 3, 2024 |

In Louisiana, Maritime Partners, a leading maritime financing firm, specializing in Jones Act trade vessels has acquired e1 Marine LLC, a pioneer in marine hydrogen generation technology, the terms of which were undisclosed. e1 Marine specializes in methanol-to-hydrogen generation products, offering a cleaner fuel alternative for marine vessels. The technology, developed by Element 1 Corp., […]

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Nuclear Power Gains Momentum in Maritime Industry

Nuclear Power Gains Momentum in Maritime Industry

July 3, 2024 |

In the UK, the maritime sector’s readiness to adopt nuclear power is advancing, according to the latest Zero Carbon Fuel Monitor (ZCFM) report by the Lloyd’s Register Maritime Decarbonisation Hub. The report highlights increasing development and consideration of new nuclear technologies for shipping, driven by successful offshore and defense applications. The ZCFM now evaluates five […]

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Cedar LNG Announces FID for Hydro-Powered Floating LNG Project

Cedar LNG Announces FID for Hydro-Powered Floating LNG Project

June 26, 2024 |

In Canada, Cedar LNG, a partnership between the Haisla Nation and Pembina Pipeline Corporation, announced FID is a go for their 3.3 million tonnes per annum floating LNG facility. Located in the traditional territory of the Haisla Nation, the facility will be the world’s first Indigenous majority-owned, hydro-powered LNG project. Powered by renewable electricity from […]

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MAN Cryo Powers World’s First Hydrogen Superyacht with Cutting-Edge Fuel System

MAN Cryo Powers World’s First Hydrogen Superyacht with Cutting-Edge Fuel System

June 26, 2024 |

In Sweden, MAN Cryo has supplied Feadship’s 118.8-meter Project 821 superyacht with a pioneering liquid-hydrogen fuel system, enabling zero-emission propulsion. The system stores, evaporates, and heats liquid hydrogen, supplying it to the fuel cell. This project showcases MAN Cryo’s innovative engineering, featuring below-deck hydrogen tanks and predictive tools for tank management.  MAN Cryo encountered significant […]

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