BW LNG secures e-procurement deal with Procureship for global LNG fleet

Procureship, provider of the world’s leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to

Maersk orders 12 LNG dual fuel ships

Maersk Line has ordered 12 LNG dual-fuelled 16,000 TEU container ships at a Chinese shipyard. It is reported that each ship is priced at $200 million, with delivery slated in 2028. If the options are exercised, the total contract value will be $2.4 billion. The order raises speculations whether the Danish carrier is rethinking its

ONGC looking to set up mini-LNG plants to evacuate gas from wells

Oil and Natural Gas Corporation (ONGC), a State-owned company, is looking to set up mini-LNG plants to evacuate natural gas from wells located in areas that are not connected with pipelines.ONGC has identified five sites in Andhra Pradesh, Jharkhand and Gujarat for setting up mini plants at wellhead that will convert the gas pumped out

Global Demand for Containers and LNG Vessels Likely to Shrink: VesselsValue

VesselsValue in its latest report predicted that orders for bulkers and tankers will gain momentum, while demand for containers and LNG/LPG vessels will decline. Despite the expected rise in bulker and tanker orders, the overall orderbook will likely shrink due to a surge in deliveries for container and gas vessels. Geopolitical tensions, such as the

Wärtsilä, Chevron Shipping partner to lower methane emissions on LNG

Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG Carriers from dual-fuel to spark gas  operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of

Amogy sails world’s first carbon-free ammonia powered maritime vessel

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, has successfully sailed the NH3 Kraken, the world’s first carbon-free, ammonia-powered maritime vessel! The NH3 Kraken, a tugboat originally constructed in 1957 and retrofitted with Amogy’s ammonia-to-electrical power system, completed its maiden voyage on a tributary of the Hudson River, upstream from New York City.

RWE, AM Green Ammonia sign MoU to supply RFNBO-compliant ammonia from India

RWE Supply & Trading has signed a Memorandum of Understanding (MoU) with AM Green Ammonia B.V. (AMG) for the long-term supply of green ammonia from its plants based in India. It outlines the supply of up to 250,000 tonnes of green ammonia per year. The ammonia will be sourced from AMG’s production sites in Kakinada

Chinese shipyard opts again for Wärtsilä fuel gas supply systems

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel gas supply systems for four new medium-sized gas carrier (MGC) vessels. The ships are being built at the Nantong CIMC Sinopacific Offshore & Engineering (SOE) shipyard in Shanghai for Greek operator Capital Gas Ship Management. The order was booked by

REC commits $280 mn to Hygenco’s green ammonia project

Green hydrogen producer Hygenco said that it has entered an agreement with REC Limited for financing Hygenco’s Green Ammonia Project in Gopalpur, Odisha. The state-backed power sector lender will provide upto $280 million for the project. Hygenco develops and deploys commercial green hydrogen and ammonia production systems. Its applications are used in large-scale process industries, terrestrial and marine

JSPL, JRPL sign pact to invest in green hydrogen

Jindal Steel & Power (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) to invest in green hydrogen production for steelmaking in Angul, Odisha. The steel producer said on Monday it was to implement India’s biggest investment in green hydrogen by any Indian steelmaker.  As part of the MoU, JSPL