Greece's First FSRU Project Starts with Conversion at Keppel
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion, FSRU Alexandroupoli will serve as an offshore storage and regasification facility and will be part of the Alexandroupolis Independent Natural Gas System (INGS).
Farra Marine Orders Seven New CTVs
Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven vessels from Singapore-based Penguin Shipyard International. The new CTVs are part of the WindFlex-27 series, and when complete will couble Farra Marine CTV fleet servicing the UK and European offshore wind industry. By early 2024, 13 of the 14 CTVs in Farra Marine’s fleet will be Incat Crowther-designed, Penguin-built vessels.
ABS AIP for Value Maritime’s Carbon Capture System
ABS granted approval in principle (AIP) to Value Maritime (VM) for its Carbon Capture System onboard seagoing vessels. The Filtree System - a prefabricated gas cleaning system that filters sulfur and 99% of particulate matter - includes a Carbon Capture Module that captures the CO2 onboard in a battery container.Value Maritime’s CCS technology is designedd too allow vessels to capture up to 40% of CO2 emissions…
India Coal is Back in Business
India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports."King coal is coming back and coming with a big bang," Anil Kumar Jha, the chairman of Jindal Power Ltd., told the Coaltrans India conference, held this week for the first time since February 2020.The sentiment was echoed by virtually every speaker at the event…
Singapore Bunker Premiums Set for Bumpy Recovery in March
Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world's largest bunkering port, as refuelling demand from the shipping sector has recently waned, multiple trade sources said.A weaker Singapore bunker market reflects slowing activity at one of the world's most major ports that sits on a crucial shipping lane, while lower demand will also weigh…
