Adani’s ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a $70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become the world’s top renewable energy producer by 2030. The
Gunvor has contracted McDermott International and its storage business, CB&I, for a front-end engineering design (FEED) of a green hydrogen import terminal in Rotterdam. Under the contract scope, CB&I will provide the FEED of the ammonia tank and associated inside battery limits (ISBL) equipment. McDermott will support with FEED activities for the interconnecting pipeline, tie-ins
MAN Energy Solutions has introduced the latest addition to its four-stroke engine portfolio, the dual-fuel engine capable of running on LNG, diesel and HFO as well as a number of more sustainable fuels including biofuel blends and synthetic natural gas. The engine was unveiled at SMM, the world’s largest shipping exhibition, where the company’s executive
Gothenburg Port Authority is collaborating with Stena Line, DFDS, Ørsted and Liquid Wind to establish Europe’s first electromethanol (e-fuels) hub with a planned launch date of 2025. Liquid Wind and Ørsted’s emethanol production facility FlagshipONE is in late-stage development and approaching a final investment decision. It will be the largest e-fuels facility in the world,
Schulte Group has unveiled its next-generation design for an LNG bunker vessel that is said to meet current and known future requirements for at-sea LNG bunker deliveries and reduces last-mile costs. Presented at Gastech Exhibition and Conference in Milan, the vessel design eliminates the need for fenders and spacer pontoons, which require time and manpower
South Korean shipbuilder Samsung Heavy Industries (SHI) has developed a design for a new liquefied CO2 carrier. Class society DNV has awarded approval in principle (AiP) for the design, which incorporates customised large cargo tanks (pressurized IMO Type-C) and a reliable cargo handling system with what is said to be a highly efficient reliquefication technology.
Tata Steel, the largest CO2 emitter in the Netherlands, is investing more than €65 million in the design of hydrogen-based steel production in the city of Eimeiden. Tata Steel signed an agreement on further technical training of production with three firms – McDermott, Danieli and Hatch. All of them have special qualifications to organize the
According to a forecast released by the classification society DNV reports, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals. DNV released its sixth maritime forecast during SMM, an international maritime trade fair in Hamburg, Germany, urging cross-industry
DNV partnered with Daewoo Shipbuilding & Marine Engineering to develop technologies on fuel saving devices and a rotor sail system. When wind meets the spinning rotor sail, the air flow accelerates on one side and decelerates on the opposite side. The change in the speed of airflow results in a pressure difference, which creates a
Statkraft has entered into a memorandum of understanding with compatriot firm H2Carrier to study the possible use of green ammonia floating production vessels at certain offshore wind locations. Based on proven floating production storage and offloading (FPSO) technologies, H2Carrier’s concept, called P2XFloater, uses renewable wind, solar or hydro energy to produce green hydrogen by pumping