MISC Berhad, Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions have announced that they will work together on a joint development project (JDP) for an ammonia-fueled tanker to support shipping’s drive towards a decarbonized future. The creation of the alliance has been motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration
Read more
FinCo Fuel Group, active in the downstream energy market with a broad portfolio of fuel products, has expanded its network with the acquisition of a majority stake in GoodNRG, holding company of renewable fuels pioneer GoodFuels. The acquisition will enable GoodFuels to tap into the complementary sourcing, supply management and logistics expertise of the wider FinCo Fuel Group. Both parties expect to
Read more
Silverstream Technologies has signed a landmark framework agreement for retrofit installation of the Silverstream System on some of the vessels in the Shell International Trading and Shipping Company Ltd. LNGC fleet. The agreement will see Shell and Silverstream develop a close working relationship for the design, engineering, procurement and execution of the Silverstream System. The Silverstream System reduces fuel consumption and associated emissions
Read more
GP Global has successfully delivered the first International Maritime Organization (IMO) 2020-compliant bunker load of low-sulphur fuel oil (LSFO). The global conglomerate made this maiden delivery via its 6,000-tonner bunker barge at Fujairah, which will help serve the Port of Fujairah as well as adjoining ports, enabling the United Arab Emirates (UAE) to meet the IMO directive. This first bunkering of
Read more
In what is the largest ever global contract for supply of liquefied biogas (LBG) to a shipping operator, Hurtigruten and Biokraft have entered into a 7.5-year deal. The partnership includes near-daily delivery of biogas produced from organic waste to Hurtigruten ships, the first cruise ships in the world to be powered by fossil-free LBG. This is a large and significant
Read more