Evalend Shipping orders more LNG carriers

Greece’s Evalend Shipping has doubled its orderbook of liquified natural gas carriers with two more units at HD Hyundai Heavy Industries in South Korea. UK shipbroking giant Clarksons has named the Kriton Lendoudis-led diversified owner behind the $530m deal for 174,000 cu m ships expected to deliver in 2027 and 2028. The Athens-based company marked

Hydrogen fuel can be a competitive alternative to fossil fuel

As the world strives to cut greenhouse gas emissions and find sustainable transportation solutions, University of Houston energy researchers suggest that hydrogen fuel can potentially be a cost-competitive and environmentally friendly alternative to traditional liquid fuels, and that supplying hydrogen for transportation in the greater Houston area can be profitable today. A white paper titled

Trial run of world’s first new-build hydrogen-powered inland shipping vessel

Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the world’s first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important step towards zero-emission transport on Dutch inland waterways. The Hydrogen Electric Cargo Ship ‘Antonie’ (WEVA) was realised by Concordia Damen. On 23 October

Wabag in the green hydrogen space

Va Tech Wabag, a leading global player in the water technology space, is exploring strategic partnership opportunities in the green hydrogen segment. The Chennai-headquartered company believes that its in-house capabilities and experience will come in handy as it plans to emerge as a water partner to companies focusing on the production of green hydrogen. Though

Wärtsilä rolls out first four-stroke ammonia-fuelled engine

Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available four-stroke engine-based solution for ammonia fuel. Viridis Bulk Carriers, the world’s first zero-emission shipping company, will be the first shipowner to benefit from the new ammonia solution. The company is a partnership between Amon Maritime, Mosvolds Rederi, and Navigare Logistics. Norwegian government enterprise

GAIL does world’s first ship-to-ship LNG transfer

Top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, company officials said. GAIL has contracted 5.8 million tonnes per annum of LNG (natural gas super-cooled to liquid

Fortescue one step closer to green hydrogen production

The Brazilian State Environment Council has approved Fortescue’s environmental impact study for the production of green hydrogen at the Pecém Industrial and Port Complex in Ceará. Fortescue Latin America environment manager Gianpaola Ciniglio said that the approval showed the state of Ceará’s commitment to environmental sustainability and economic growth. Once constructed, the plant will have

Key suppliers selected for world’s first hydrogen research vessel

Ballard Power Systems and Chart Industries have been selected by Glosten and Siemens Energy to provide the fuel cells and hydrogen storage system for what is slated to be the first hydrogen-hybrid research vessel in the world: the Coastal Class Research Vessel (CCRV) to be built for UC San Diego’s Scripps Institution of Oceanography. The

Capital Product Partners shifts focus to LNG

Greek owner Capital Product Partners has entered into an umbrella agreement with Capital Maritime and Capital GP for the acquisition of 11 newbuild LNG carriers from the Evangelos Marinakis-led company for a total acquisition price of $3.13bn. The 11 vessels in question are all two-stroke Mega Mark III Flex 174,000 cu m LNG carriers either

Greenline investment to deploy LNG trucks for logistics

GreenLine will invest Rs 200 crore to deploy LNG-powered trucks for Hindustan Zinc’s Road logistics operations. These LNG-powered trucks, manufactured by Blue Energy Motors – India’s first venture into heavy-duty LNG (Liquefied Natural Gas) trucks, is said to significantly reduce toxic emissions compared to diesel, with cuts of up to 30% in CO2, up to