K Line orders LNG carrier

Kawasaki Kisen Kaisha, (K Line) has fixed a 15-year long-term LNG time charter contract with an option to extend the contract up to 10 additional years with Mitsubishi Corporation subsidiary Diamond Gas International and has signed a shipbuilding contract with Samsung Heavy Industries for a 174,000 cu m LNG carrier. The ship will deliver in

MethaneSAT for methane emission detection

A new satellite called MethaneSAT is set to be launched at the end of this year and will be able to detect and measure methane emissions and leaks worldwide from spring 2024 with unprecedented precision. What is special: there is no government contract and no commercial company behind its development. Rather, the $90 million satellite

Egypt and Norway agree for green methanol project

Egypt signed a joint development agreement with Norway’s Scatec to establish the country’s first green methanol production project in Damietta Port with investments worth around $450 million. The project is the “first of its kind” in Egypt and the Middle East and will “contribute to placing Egypt on the global map of nations that produce

Study finds one in five SMEs in UK are not committed to netzero

Only half of small businesses (52%) currently have a netzero policy in place – with 22% admitting this is not one of their top commitments among the cost-of-living crisis. The UK government has legislated a netzero emissions target for all sectors of the UK economy by 2050. But with the economic climate impacting the stability

HMM enters bidding to take over Hyundai LNG Shipping

HMM has decided to enter the bidding to acquire its former LNG shipping operation that was spun off a decade ago during the company’s liquidity crisis. The Korea Herald is reporting on Friday that HMM notified IMM Holdings, owners of the gas carrier, of its intent to enter the bidding and to begin a due

Bilateral cooperation between ports for green hydrogen

A new partnership to strengthen bilateral cooperation between the Netherlands and Brazil in port-related energy projects, such as offshore wind energy and green hydrogen production, has been formed. Specifically, 27 parties operating in the ports of Rotterdam and Brazil’s Pecém signed a cooperation agreement on 10 May. In addition to port-related energy projects, the agreement

Atmospheric Rivers resulting in catastrophic monsoon rain and floods

Atmospheric scientists from the Indian Institute of Technology and the University of California found that climate change has once again made its presence felt by engorging the number and strength of atmospheric rivers associated with flooding in India.

World must phase out emissions, not oil production

The United Arab Emirates said that countries should agree to phase out fuel emissions – not the production of oil, gas and coal – at the upcoming U.N. climate change negotiations that it will host this December. The comments reflect deep divisions between nations over how to combat global warming ahead of the COP28 talks.

ADNOC agrees to collaborate with Baker Hughes on hydrogen

ADNOC and Baker Hughes announced an agreement to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, will see ADNOC collaborate with Baker Hughes as a strategic partner to study

First hydrogen Chinese train can touch top speed of 160 km/h

China Railway Rolling Stock Corporation (CRRC) unveiled its latest green low-carbon technology achievement-a hydrogen-powered urban train. The hydrogen-powered urban train released this time has a maximum speed of 160 kilometers per hour and can achieve an ultra-long range of 600 kilometers. The front end of the train adopts a fully enclosed design, and the streamlined