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French energy giant TotalEnergies and Oman National Oil Company (OQ) have reached the final investment decision (FID) on the Marsa LNG project, which will feature an LNG plant completely powered by renewable energy that will produce LNG for…
https://www.marinelink.com/news/totalenergies-oq-reach-fid-marsa-lng-513128
https://www.marinelink.com/news/totalenergies-oq-reach-fid-marsa-lng-513128Dutch company Value Maritime and Japanese shipping giant Mitsui O.S.K. Lines (MOL) have signed a contract for the supply an Exhaust Gas Cleaning System (EGCS) and carbon capture feature for an LR1 product tanker.With a deadweight (DWT) of 75…
https://www.marinelink.com/news/mol-orders-value-maritimes-carbon-capture-513132
https://www.marinelink.com/news/mol-orders-value-maritimes-carbon-capture-513132Hong Kong-based shipping company Wah Kwong is finalizing a deal later this month to double the number of liquefied natural gas (LNG) carriers that it has ordered to four, as it eyes growing global trade in the superchilled fuel, its chairman said.The ships would be delivered from 2027 onwards…
https://www.marinelink.com/news/wah-kwong-orders-lng-carriers-513139
https://www.marinelink.com/news/wah-kwong-orders-lng-carriers-513139China’s soybean imports from the United States fell by half in March from a year earlier and corn exports also plummeted, as buyers favour more competitive supplies from Brazil’s hefty harvest, data showed on Saturday. U.S. suppliers face stiff competition for global export sales from South America, which have reported plentiful harvests and offer more ...
https://www.hellenicshippingnews.com/chinas-soybean-imports-from-us-halve-in-march-as-brazils-gain-pace/Russia’s coal shipments to China fell 21% in March dragged down by sanctions and import tariffs, customs data showed on Saturday. China’s coal shipments from Russia fell to 6.92 million metric tons in March, its General Administration of Customs said. The shipments of Russian coal to China, which began to surge in 2022 as Western ...
https://www.hellenicshippingnews.com/chinas-coal-imports-from-russia-fall-21-in-march/
https://www.hellenicshippingnews.com/chinas-coal-imports-from-russia-fall-21-in-march/French-based engineering company Technip Energies has been awarded a contract by TotalEnergies and OQ for the Marsa LNG bunkering project in Sohar, Oman. The contract covers the engineering, procurement, and construction of a natural gas liquefaction train with an LNG production capacity of 1 mtpa. The plant will use electric-driven motors instead of conventional gas …
https://splash247.com/technip-energies-scores-work-on-marsa-lng-bunkering-project-in-oman/
https://splash247.com/technip-energies-scores-work-on-marsa-lng-bunkering-project-in-oman/The US offshore wind industry took another heavy hit after the New York State Energy Research and Development Authority (NYSERDA) cancelled three projects from its third solicitation round. In October 2023, NYSERDA provisionally awarded three offshore wind projects – the 1.4GW Attentive Energy One, 1.3GW Community Offshore Wind, and the 1.3GW Excelsior Wind. Attentive Energy …
https://splash247.com/new-york-scraps-three-offshore-wind-projects/
https://splash247.com/new-york-scraps-three-offshore-wind-projects/Turkey’s Ciner Shipping has added four kamsarmaxes to its large bulk carrier orderbook across Chinese shipyards. The Istanbul-based bulker and tanker player has contracted 82,000 dwt scrubber-fitted units at Hengli Shipbuilding in Dalian with deliveries starting from March 2027. Shipbuilding sources suggest a price tag of around $38m each. Ciner owns and operates a fleet …
https://splash247.com/ciner-bulks-up-with-kamsarmax-newbuilds-at-hengli-shipbuilding/
https://splash247.com/ciner-bulks-up-with-kamsarmax-newbuilds-at-hengli-shipbuilding/Norwegian bulker owner Belships has expanded its newbuilding orderbook with two more ultramaxes in Japan, lifting its fleet to 40 ships. The vessels are financed on a similar structure as the previous newbuilds – through time charter lease agreements, each for a period of seven to 10 years, with purchase options during the charter. The …
https://splash247.com/belships-expands-ultramax-newbuild-campaign/
https://splash247.com/belships-expands-ultramax-newbuild-campaign/AET, the tanker arm of Malaysia’s top shipping line MISC, has placed an order for the world’s first ammonia-powered aframax tankers. The 115,000 dwt vessels will be built at Dalian Shipbuilding, with delivery expected in 2027, under a charter with Petronas’ Petco Trading Labuan Company Ltd (PTLCL). Financial terms have not been disclosed. The order …
https://splash247.com/worlds-first-ammonia-fuelled-aframaxes-ordered/
https://splash247.com/worlds-first-ammonia-fuelled-aframaxes-ordered/