Category: Sustainable Marine Fuels

bp buys into HYPORT Duqm green hydrogen project in Oman

bp buys into HYPORT Duqm green hydrogen project in Oman

July 31, 2024 |

In Oman, DEME and OQ have announced a partnership with bp for the HYPORT Duqm project, a major green hydrogen initiative in Oman where bp will acquire a 49% stake in the project, while OQ and DEME will each retain 25.5%. This collaboration will see bp becoming a key player in the green hydrogen project […]

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TFG Marine signs charter with Consort Bunkers for new methanol-ready tankers

TFG Marine signs charter with Consort Bunkers for new methanol-ready tankers

July 31, 2024 |

In Singapore, TFG Marine, a marine fuel joint venture founded by Trafigura, Frontline, and Golden Ocean, has signed a long-term time charter agreement with Consort Bunkers for four newbuild methanol carriage-ready bunker tankers. The 6,500-dwt IMO type 2 tankers are being built by Merchants Jinling shipyard in Nanjing, China. Operated by Consort Bunkers for TFG […]

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Crowley accepts delivery of largest U.S.-flagged bunker barge

Crowley accepts delivery of largest U.S.-flagged bunker barge

July 31, 2024 |

In Florida, Crowley announced they have taken delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, built by Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin. The Progress will enhance access to cleaner energy for ship operators at the Port of Savannah, Georgia, upon its final commissioning this month. […]

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Avenir starts delivering bioLNG to Swedish ferry operator

Avenir starts delivering bioLNG to Swedish ferry operator

July 31, 2024 |

In the UK, Offshore Energy reports Avenir LNG has begun its first bioLNG delivery to Swedish ferry operator Destination Gotland, with the Avenir Aspiration, a dual-purpose, 7,500-cubic-meter LNG bunkering and supply vessel, at the Port of Visby, Sweden. The ISCC-certified bioLNG was produced in Europe and loaded at the Port of Zeebrugge, Belgium. Marcus Risberg, […]

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Finnlines plans major green investment to enhance sustainable shipping

Finnlines plans major green investment to enhance sustainable shipping

July 31, 2024 |

In Finland, shipping operator Finnlines is evaluating plans for a €400-500 million Green Investment Programme for the Finland-Germany route, including investments in green technology and green fuel-powered vessels, aimed at lowering CO2 emissions and enhancing environmental performance. In February, Finnlines completed their €500 million Green Newbuilding Programme. This initiative introduced five new vessels equipped with […]

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GTT secures orders for 52 LNG carriers in first half of 2024

GTT secures orders for 52 LNG carriers in first half of 2024

July 31, 2024 |

In France, LNG containment company GTT booked orders for 52 liquefied natural gas carriers in H1 2024 including 18 large-scale LNG vessels as part of QatarEnergy’s extensive shipbuilding initiative at China’s Hudong-Zhonghua shipyard. In its recent financial report, GTT detailed that these orders are scheduled for delivery between 2026 and 2031. The orders were split […]

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Zhuoyue shares fall despite new biofuel plans to avert EU Tariffs

Zhuoyue shares fall despite new biofuel plans to avert EU Tariffs

July 31, 2024 |

In China, Yicai reports shares of Zhuoyue New Energy dropped 2.4% in Shanghai, marking a 40% decline this year, despite the company’s announcement of new biofuel investments in Singapore and Saudi Arabia. This move aims to mitigate the impact of the European Union’s new anti-dumping duties. Zhuoyue, a leading Chinese biodiesel producer, faces a 25.4% […]

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Corvus Energy’s Blue Whale ESS Secures RINA Type Approval

Corvus Energy’s Blue Whale ESS Secures RINA Type Approval

July 24, 2024 |

In Norway, Corvus Energy announced its large-scale marine energy storage system, the Blue Whale ESS, has received Type Approval from Italian marine classification society RINA. This certification confirms the Blue Whale ESS’s compliance with RINA’s stringent rules for lithium battery systems. Designed for large vessels, including cruise ships and Service Operation Vessels, the Blue Whale […]

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GCMD Uses Tracer for Biofuel Supply Chain Trials with Hapag-Lloyd

GCMD Uses Tracer for Biofuel Supply Chain Trials with Hapag-Lloyd

July 24, 2024 |

In Singapore, The Global Centre for Maritime Decarbonisation (GCMD) has completed its final biofuel blend supply chain trial with Hapag-Lloyd with an organic-based tracer supplied by Authentix to ensure the biofuel’s integrity. The tracer was detected at all sampling points, confirming its authenticity.  The trial involved the bunkering of 4,500 MT of B30 marine biofuel […]

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ADNOC JV Awards $1.9 Billion Contracts for Ethane and Ammonia Carriers

ADNOC JV Awards $1.9 Billion Contracts for Ethane and Ammonia Carriers

July 24, 2024 |

In the UAE, ADNOC Logistics and Services announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded contracts worth $1.9 billion to Jiangnan Shipyard for the construction of up to 13 new vessels. The order includes nine Very Large Ethane Carriers (VLECs) and four Very Large Ammonia Carriers (VLACs). The VLECs, with […]

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