Hydrogen projects continue to accelerate

The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 trillion by 2035.

FPS launches hydrogen vessel from Rotterdam

Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium. As part of its journey toward a zero carbon and zero waste future,

H2X Global secures hydrogen trucks order from Renova AB

The order is expected to be fulfilled over several stages and on completion, Renova will have Sweden’s largest fleet of hydrogen-powered trucks.

Ocean Yield signs deal for nine ammonia newcastlemax

The final deal will see eight or nine ships delivered between the third quarter of 2024 and the fourth quarter of 2025 under a 15-year bareboat charter with CBM subsidiaries.

CMES orders LNG newbuilds

The Shanghai-listed energy transport unit of China Merchants Group has signed for a pair of 175,000 cu m liquefied natural gas (LNG) carriers in a $470m deal, or $235m per unit.

Mitsubishi delivers ammonia fuel system to J-Eng

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, on said it has completed delivery of an ammonia fuel supply system for large, low-speed two stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines based in Akashi City, Hyogo Prefecture. Mitsubishi Shipbuilding said J-ENG is currently conducting tests

Maersk reveals ammonia-powered boxship design

The ship measures 350 m in length between perpendiculars and 53.6 m in breadth. Its design incorporates a dual-fuel engine that runs on very low sulphur fuel oil (VLSFO) and ammonia.

Amogy, Skansi, and SEAM agree to explore ammonia for OSVs

The purpose of this agreement is for the three parties to investigate potential technology collaboration in the field of ammonia application, with the common goal of decarbonizing the offshore industr

GAIL issues swap tender for LNG

According to industry sources, Gas Authority of India Limited (India) has issued a swap tender seeking 12 cargoes of liquefied natural gas (LNG) for loading in the United States in exchange for 12 cargoes for delivery into India in 2024. India’s largest gas distributor is offering the cargoes for loading from the Sabine Pass terminal

NDF contributes to financing largest green hydrogen project

The National Development Fund (NDF) through its supervised entities, contributed to the financing of the largest green hydrogen production plant in the world set to be established in Oxagon city at NEOM. This initiative came as part of the efforts of the Saudi Industrial Development Fund (SIDF) and the National Infrastructure Fund (NIF) — under