Bintulu Port to export LNG to more countries

Bintulu Port Sdn Bhd is set to ship liquified natural gas (LNG) directly to more countries after becoming the first Asean port operator to bulk export the fuel in International Organisation for Standardisation (ISO) tanks on a large scale. LNG is conventionally shipped by chemical tankers. The innovation of exporting LNG in ISO tanks will

DNV approves Ballard’s Marine fuel cell module

Ballard Power Systems announced it has received Europe’s industry-first type approval from classification society DNV for its marine fuel cell module FCwave. Ballard said its high-power FCwave module is a flexible solution that can support the energy needs of various vessel types as well as onshore power. The scalable 200kW power module offers a plug-and-play

Refiners in Asia pin hopes on US SPR release

Asian refiners cheered US President Joe Biden’s decision to release 1 million b/d of oil from the US’ strategic petroleum reserves as the release may lead to more light sweet US crude exports to the Far East, while spot crude price differentials across the globe could fall should US refineries cut back on feedstock imports.

Wärtsilä to accelerate ammonia engine development for EU project

A powerful consortium of shipping stakeholders is aiming to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel. The Ammonia 2-4 project aims to advance viable concepts for ammonia fuel. The project is coordinated by technology group Wärtsilä, with participation from naval architects C-Job, classification society DNV, ship owner MSC and the

Vessels for empire wind project to be built to ABS class

A Wind Installation Vessel capable of handling the latest generation of 15MW turbines for Equinor and bp’s Empire Wind project is to be built to ABS Class by Sembcorp Marine for Maersk Supply Services (Maersk). Two new feeder barges and two diesel-electric hybrid tugboat units will also be built to ABS Class by Kirby Offshore

Marine battery market to touch $1.99 bn in 2030

Marine Battery Market is segmented by Battery Type (Lithium, Lead acid, and Others), Ship Type (Commercial and Defense), Function (Starting, Deep Cycle, and Dual Purpose), Nominal Capacity (Less than 150 Ah, and More than 150 Ah), Sales Channel (OEM and Aftermarket), and Battery Density (<100 WH/KG and More than 100 WH/KG). Global Opportunity Analysis and

Maersk to hit the seas with carbon-friendly fuels

The logistics giant Maersk will order eight new ocean-going ships that will use only carbon-neutral fuels to hit its net-zero goal by 2050. While it will be a more expensive endeavor than traditional vessels that run on fossil fuels, it is in line with what its customers want. They include: Amazon, Disney, H&M Group, HP

What is the pathway for carbon neutral shipping?

With decarbonisation much in the public eye, shipping is currently and perhaps belatedly trying to find the best pathway to carbon neutral fuels. Shipping greenhouse gas (GHG) emissions as a proportion of global GHG anthropogenic emissions increased from 2.76% in 2012 to 2.89% in 2018, according to the Fourth IMO GHG Study 2020. To put

Amid cash crunch, refineries in Pakistan decline to increase production

Refineries in Pakistan declined the government’s call to raise output to ward off possible fuel shortages down the road as world oil markets are far from stable, citing multiple challenges including cash flow constraints. Local refineries in Pakistan after a meeting with Petroleum Division high-ups expressed their inability to increase production citing cash flow and

Mærsk Mc-Kinney Møller Center launches port partnership for European Green Corridors

Green corridors – cited by many decarbonisation experts as the best hope for fast-track shipping’s path to zero emissions – have been given a significant boost with news that the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has established the European Green Corridors Network with the port authorities of Hamburg, Gdynia, Roenne, Rotterdam, and