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Suez Canal to Reduce Rebates on Tolls for LNG Carriers
Egypt's Suez Canal will reduce rebates on canal tolls for liquefied natural gas carriers from Jan.
St. Louis Container on Barge Project Moves Forward
Key stakeholders behind the efforts to launch innovative container-on-vessel (COV) service to the Midwest on Firday announced that Hawtex Development Corporation is signing on as the lead developer for a new COV port facility in Jefferson County, Mo. to be developed in collaboration with Fred Weber/Riverview Commerce Park LLC and integrating a 300+ acre adjacent parcel owned by The Doe Run Company.
Latsco Partners with Orca AI on Fleet Navigation Safety
Orca AI and its AI-based navigation safety platform have partnered with Greece’s Latsco Shipping Limited, to enable their liquefied natural gas (LNG) fleet to increase its situational awareness and navigate safely on congested waterways.Orca’s AI-powered maritime avoidance collision system uses computer vision sensors and thermal cameras to provide real-time alerts on potentially hazardous events,…
AqualisBraemar LOC Acquires OSD-IMT's UK Ops
Energy and marine consultancy AqualisBraemar LOC Group has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.OSD-IMT is a specialist consultancy in ship design for new build, refit, and conversion projects. The company operates the renewables, maritime, defense, and offshore oil and gas sectors. In particular, the company specializes in newbuild construction…
GTT Scores Tank Design Order for LNG Carrier Pair
French engineering firm GTT announced it has received an order from its partner the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new…
e5 Lab, Mitsubishi Team to design ROBOSHIP Biomass Fuel Carrier
Japan's e5 Lab Inc. and Mitsubishi Shipbuilding Co., Ltd., will provide the design for “ROBOSHIP,” a standard hybrid electric propulsion vessel the two companies are seeking to promote as a vision for the future of ships, for a 499-ton biomass fuel carrier being built by Honda Heavy Industries Co., Ltd.ROBOSHIP will be designed to use a standard system package comprising the hardware for electric propulsion…
Cost a Major Hurdle for Onboard Carbon Capture
Cost hurdles likely to slow the deployment of stationary carbon capture and storage (CCS) technologies on board ships in the near and medium term could be diminished as technology advances, clearing CCS could be a persuasive option for the industry’s decarbonization trajectory, a recent study found.Tanker shipping company Stena Bulk announced the results of its partnership with the Oil and Gas Climate…
Hyundai, Daewoo Tie-up Faces EU Antitrust Veto
South Korean shipbuilder Hyundai Heavy Industries' proposed acquisition of rival Daewoo Shipbuilding & Marine Engineering Co Ltd is set for an EU antitrust veto after the companies declined to offer remedies to allay competition concerns, people familiar with the matter said.Hyundai, one of the largest shipbuilders in the world and which had announced the deal in 2019 in part due to overcapacity in the sector…
Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says
Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine Training (SMT).World leaders at the recent COP26 Summit in Glasgow, Scotland, have called on industries including maritime, which accounts for about 3% of global greenhouse gas emissions, to help tackle climate change.The task is huge…
Excelerate Sequoia FSRU Starts Operations in Brazil
Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil.Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of up to 700 million cubic feet per day.Excelerate and Petrobras signed the lease contract for TR-BA on September 28…
Cheniere Asks for More Time to Build Texas Corpus LNG Expansion
Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U.S. Federal Energy Regulatory Commission (FERC) approved construction of Stage 3 in November 2019, the regulator gave Cheniere five years, or until around November 2024…
GTT Wins Tank Design Order for Maran LNG Carrier Pair
French engineering firm GTT said it has received an order from its partner the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank…
Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind
After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? Over the past 12 months, the floating offshore wind sector appears to have had a major dose of adrenaline. While the largest development…
LNG Bunker Barge Clean Canaveral Delivered
Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding said it has delivered the 340-ft. liquefied natural gas (LNG) bunkering barge, Clean Canaveral, to Polaris New Energy on Friday, December 3.Built as part of an articulated tug and barge unit (ATB), the 5,500 cubic meter capacity barge is the largest of its kind ever built in the U.S., and will soon be followed by another barge of similar size for an affiliate of Polaris New Energy…
World's First Liquefied Hydrogen Carrier May Leave Japan this Month
The world's first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late this month though the return date has yet to be set due to COVID-19…
Australian LNG Hit by Shell, Chevron Outages at Prelude, Gorgon
Royal Dutch Shell Plc shut production at its Prelude floating liquefied natural gas (LNG) site and Chevron Corp shut one of three processing units at its Gorgon LNG plant, both off northwestern Australia, the companies said on Friday.The Gorgon and Prelude outages are expected to boost spot LNG prices, which are up about 20% from a month ago.Shell said Prelude was hit by a power outage on Thursday after smoke was detected in an electrical utility area…
Petronas Awards FEED Contracts for Third LNG Floater
Malaysian oil and gas giant Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to Saipem as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah. The project, with a minimum capacity of 2.0 million tonnes per annum (MTPA) is a first of its kind in Malaysia,…
Gaslog Orders Four LNG Carriers from DSME
GasLog Ltd. has ordered four new liquefied natural gas (LNG) carriers from South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).The 174,000 cubic meter capacity newbuilds are scheduled to be delivered in 2024 and 2025.The ships will feature the latest generation MEGI propulsion, "setting the bar for energy efficiency very high with a best in class EEDI," according to Gaslog.The company said its fleet consists of 39 LNG carriers…
Eneti Orders Second Wind Turbine Installation Vessel for $326M
Eneti, an offshore wind installation company in the making, said Thursday it had entered into a binding agreement for the construction of one wind turbine installation vessel (WTIV).The company, formerly known as Scorpio Bulkers, ordered the first WTIV from South Korea-based builder Daewoo Shipbuilding and Marine Engineering (DSME) back in May.Now, the company has exercised an option it held with DSME for the construction of one more WTIV.
Meyer Turku Delivers Costa Toscana to Costa Cruises
Finnish shipbuilder Meyer Turku on Thursday announced it has delivered the 180,000 GT liquefied natural gas (LNG)-powered cruise ship Costa Toscana to Costa Cruises. “With Costa Toscana we are turning a new page at the shipyard. We have been pushing our shipbuilding processes onward and are now seeing the results with this beautiful vessel. We are very proud of her and I feel confident that the guests onboard will really enjoy Costa Toscana in the coming years…