The advisory division of leading class society DNV Maritime sees good times ahead for LNG dual-fuel vessels, even if today’s high gas prices support fuel-switching to VLSFO. More than 200 LNG-fueled ships have been ordered over the course of the year to date, including 17 in November alone, according to DNV Principal Consultant Martin Wold.
Hardeep Singh Puri, minister of petroleum and natural gas, and housing and urban affairs said that a green hydrogen policy will come sooner than expected as different ministries are involved and the internal churning on the policy is beginning to give it a proper shape. The minister explained that money is pouring into India from
Adani Green Energy Ltd (AGEL), the renewables arm of the Adani Group, has commissioned its third wind-solar hybrid power plant at Jaisalmer in Rajasthan. The combined operational generation capacity of this newly commissioned hybrid power plant is 450 MW. The plant has Power Purchase Agreements (PPA) with SECI at Rs 2.67/kwh for 25 years. This
The efficiency and advanced design of the technology group Wärtsilä’s Cargo Handling and LPG Fuel Supply systems have again been validated with a major order. These solutions have been selected for two LPG/Midsize gas carrier vessels being built at Hyundai Mipo Dockyard in South Korea for EXMAR LPG, a joint venture between EXMAR, a multi-disciplinary
Indonesia aims to develop a nuclear power plant in 2039 to achieve netzero emissions and support domestic needs for energy, the country’s Nuclear Energy Regulatory Agency (BAPETEN) said. The agency’s Director for Nuclear Installation and Material Control, Haendra Subekti, said in a statement that to realize the target, Indonesia is currently looking for investors to
Italian performance brand De Tomaso has released the P900, a track-only V12-powered hypercar with a 900kg dry weight and 900hp (662kW) output. The carmaker will produce only 18 units globally of these bad boys and price them at a whopping US $3 million each which will ensure their drivers know they have a truly unique
Shanghai-listed China Merchants Energy Shipping (CMES) has signed up for up to six methanol dual-fuel car carriers worth around $597m. The energy transport unit of China Merchants Group has inked a letter of intent with China Merchants Industry Holdings, one of the three leading shipbuilding groups in China, for two firm 9,000 ceu vessels for
DeepOcean has teamed up with fellow advisory and research firm Akvaplan-niva, a subsidiary of the Norwegian Institute for Water Research (NIVA), to utilise remotely operated vehicles (ROVs) and unmanned glider vehicles (USVs) to perform environmental studies for offshore wind and oil and gas developments. As part of the collaboration agreement, the two parties will work
French energy major TotalEnergies has become the eighth member of the Castor Initiative, a multinational coalition of shipping industry players committed to the development and construction of ammonia-powered tankers. The coalition, founded in 2020 by Malaysia’s top shipping line MISC, South Korean shipbuilder Samsung Heavy Industries, and class society Lloyd’s Register, also includes German engine
China’s first hydrogen powered industrial vehicle production line is now fully operational in South China’s Guangdong Province, which will support the green development of Guangdong-Hong Kong-Macao Greater Bay Area, and the achievement of China’s “dual carbon” goal. The production line, located in an industrial park in Chancheng district, Foshan city, Guangdong, is specialized for the