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Industry Energy News

05 Oct 2023

Making Hydrogen Work: Demo Project in San Francisco Port

© muddymari / Adobe Stock

Hornblower Energy LLC, in partnership with the Port of San Franciso, the U.S. Department of Energy and six corporate partners, including Air Liquide and Glosten, is leading a project to demonstrate the feasibility and viability of using hydrogen (H2) as a maritime fuel.The project is located at Pier 68 in San Francisco. DOE selected the project for funding in 2020. It’s supposed to be completed in 2025 but there are important decision dates before then. So far, project activities have concentrated on planning and modeling.

29 Dec 2022

FSRU Exemplar Arrives in Finland

FSRU Exemplar  - Credit: Excelerate Energy

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal."The FSRU Exemplar, which is chartered to Gasgrid Finland Oy (“Gasgrid”) for a period of ten years, will provide flexible, reliable, and secure delivery of regasified LNG to Finland and other Baltic countries," the FSRU owner said.

23 May 2022

BP, Rio Tinto in Year-long Marine Biofuel Trial

Credit: BP

Mining giant Rio Tinto has entered an agreement with the oil major BP to start a one-year biofuel trial to reduce carbon emissions from Rio Tinto’s marine fleet. Under the trial, BP is supplying Rio Tinto with marine biofuel for approximately 12 months. The fuel will be trialed on Rio Tinto’s RTM Tasman bulk carrier on a mix of Transatlantic and Atlantic-Pacific routes, in what has been described as "one of the longest-duration marine biofuel trials to date." "Sustainable biofuels…

11 Feb 2022

'New Era in Dry Bulk Shipping': First Bunker Fueling for EPS' LNG-Fueled Bulker

©ABS

Eastern Pacific Shipping's first LNG-fueled Newcastlemax bulk carrier in an order of 13 ABS-Classed vessels, has recently taken on its first load of LNG bunker fuel at Singapore.The 209,936 DWT dual-fuel vessel, Mount Tourmaline, was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd., China, and delivered to EPS on January 28, 2022.Captain Anil Singh, EPS Chief Operating Officer said: “Our fleet of dual-fuel LNG Newcastlemax vessels will play a major role in our decarbonization efforts and the industry’s energy transition.

25 Jan 2022

Eastern Pacific Says It Won't Carry Coal

© masterskuz55 / Adobe Stock

Ship management firm Eastern Pacific Shipping (EPS) announced it will no longer carry coal cargos on its bulk carrier vessels as a matter of company policy aimed at supporting the global transition away from the fossil fuel.EPS' commercially managed dry bulk fleet hasn't carried coal since April 2020, and the Singapore-based tonnage provider made its commitment official this month, outlining its "no coal cargo policy" within its 2022 environmental, social and governance (ESG) policy report published on Tuesday.

21 Dec 2021

Wärtsilä Installs 'Unique' Hybrid Power System on Paolo Topic Bulk Carrier

he compact and containerised Wärtsilä HY Module for Bulkers installed on board the M/V Paolo Topic. © Marfin

Finland-based marine tech group Wärtsilä said Tuesday it had installed and commissioned a unique hybrid power system combined with a PV solar energy system in collaboration with Marfin Management and Solbian, onboard the Paolo Topic bulk carrier.Wartsila said that the new features make the Paolo Topic "one of the most technologically advanced vessel of its type in the global fleet."The Paolo Topic is a bulk carrier built in 2016 at the Onomichi Dockyard in Japan and managed by Marfin Management S.A.M.The innovative…

20 Oct 2020

Op/Ed: Considering Alternative Energy Sources for Ships

© a_medvedkov / Adobe Stock

Hydrogen or battery technologies? Strict regulations force shipowners to consider alternative energy sourcesThere are more than 60,000 ships in the world, which engines emit almost 2.5% of the world's greenhouse gases. The automotive industry has made rapid progress towards electrification and there is more and more talk of hydrogen solutions for trains, at the same time the transition to non-fossil fuels has been slower in the shipping industry.Energy for moving ships can originate from a wide variety of sources. Ships have been sailing powered by wind for millenniums.

27 Aug 2019

CMA CGM will not use the Northern Sea Route

Photo: CMA GCM

Ahead of the G7 meeting at Biarritz from August 24-26, French President Emmanuel Macron, accompanied by Economy and Finance Minister Bruno Le Maire, Minister of Labour Muriel Pénicaud, and Deputy Minister for the Ecological and Inclusive Transition Brune Poirson, this afternoon has invited to the Elysée Palace representatives of the shipping industry including global leader CMA CGM.On this occasion, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, will…

17 Feb 2019

Polaris Bunkered in Finland

The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland. The commercial use of the Tornio import terminal begins this year, said a press release from Nordic gas company Gasum.The gas and fuel market of Northern Finland will diversify as the commercial use of the Tornio import terminal begins this year. Access to LNG is an important competitiveness factor for current industrial operators in the area as well as for the Port of Tornio. The terminal is intended to meet industrial as well as land and maritime transport needs.“LNG is excellently suited for use as a marine fuel as it's a great alternative to oil…

20 Nov 2017

Finland's Manga LNG Terminal Gets First Cargo

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas. Once completed in summer 2018, the import terminal will be the largest LNG terminal in the Nordic countries and the second LNG terminal in Finland. Northern Finland’s gas and fuel market will be diversified as a new fuel – LNG – enabling deliveries to industry…

12 Nov 2016

Royal IHC Bags Uruguay Order for TSHD

Royal IHC has signed a contract for the design, construction and delivery of a 4,200m3 trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP, Mrs Gladis Liliana Peirano Rivero, Interim General Secretary of ANP and Mr Hans Hesen, IHC Area Sales Director, in the presence of Mr Victor Rossi, Minister of Transport and Public Works of Uruguay and Mr Andre Mechi, Senior Project Manager IHC Latin America. An important criterion for the award of this contract, as defined by the country’s Ministry of Industry, Energy and Mining, was to comply with the local content regulations, ensuring close participation of the local marine industry.

07 Sep 2016

ABB Enhances Its OCTOPUS Software Suite

Image: ABB

ABB has launched an updated maritime software analytics platform that brings together the company’s EMMA and OCTOPUS applications into one software suite, under the banner OCTOPUS. Now external information, such as weather or cargo load parameters, can be combined with the ships process and propulsion information. OCTOPUS acts as a digital hub for vessel data that can improve efficiency across a whole fleet and it can gather an unlimited amount of signals from onboard sensors.

10 Jul 2016

First Shipload of LNG Arrives at Skangas Terminal Finland

Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August, the facility is the first LNG import terminal in Finland. LNG was brought with the time chartered Skangas Coral Energy carrier from the North West Europe. The Skangas LNG terminal is undergoing commissioning, and commercial deliveries to customers will begin in September. LNG will help diversify the Finnish energy market as it enables deliveries to industrial operators outside the gas pipeline network as well as for maritime and heavy-duty road transport. The construction of the Skangas LNG import terminal in Pori has progressed according to the planned schedule without any accidents resulting in absence from work.

07 Sep 2015

Iran to Exporting LNG via Terminals in Spain

Iran has received a proposal from Spain to use its terminals to export Liquefied natural gas (LNG) to Europe, reports Press TV   The proposal was discussed during the meeting of Iran’s Oil Minister Bijan Zangeneh with the visiting Spanish Minister of Industry, Energy and Tourism José Manuel Soria López.   Iran was previously pursuing several major LNG projects that included Pars LNG, Persian LNG and Iran LNG.  But they were later abandoned as complications grew – mostly as a result of US-sanctions that prohibit investments of liquefaction enterprises in Iran.    A recent alternative for Iran – albeit less spoken of - is to pipe its natural gas to Oman for liquefaction processing and export the LNG thus obtained to international markets.

12 Jun 2015

SENER Celebrates FORAN System’s 50th Anniversary

Left to right: Managing Director of SENER, Jorge Unda; Spanish Minister of Industry, Energy and Tourism, José Manuel Soria; President of SENER, Jorge Sendagorta; and Marine General Manager of SENER, Rafael de Góngora. (Photo: SENER)

SENER has commemorated the 50th anniversary of FORAN, its CAD/CAM/CAE system for designing naval vessels and marine structures, created by SENER’s cofounder José Manuel de Sendagorta in the 1960s. Today it is the world leader in marine technology and, since its inception, it has served as the prime example of SENER’s ability to innovate and export. The event was held at Madrid’s Casino on the evening of Thursday, June 11, under the auspices of SENER’s founder and Honorary President…

30 May 2013

Shipping Experts to Discuss Arctic Opportunities

Photo: Rederi

Minister Trond Giske, Secretary General Koji Sekimizu, Chairman Masamichi Morooka and Director General Sturla Henriksen will meet the press at on Wednesday, June 5 at 2 p.m. to discuss at a major Summit in Oslo, where the Board of the International Chamber of Shipping (ICS) will meet with political leaders from major shipping nations and the Secretary General of the United Nations’ International Maritime Organization (IMO) to discuss sustainability and shipping in the Arctic. The objective is to create a dynamic arena for dialogue between policy makers and the shipping industry.

14 Mar 2013

Congress Representatives Introduce WAVE 4 Investment Bill

WCI President/CEO Michael J. Toohey. Photo: WCI

Waterways Council, Inc. (WCI) has announced its strong support for WAVE 4 -- “Waterways are Vital for the Economy, Energy, Efficiency and Environment Act of 2013” (H.R. 1149) that was introduced today by Congressman Ed Whitfield (R-KY), along with cosponsor Rep. Daniel Lipinski (D-IL). Additional cosponsors include Congressman Bill Cassidy (R-LA), Congressman Spencer Bachus (R-AL) and Congressman Pete Olson (R-TX). WCI, along with 200 stakeholders, support WAVE 4, initially introduced in the 112th Congress as H.R.

10 Jul 2012

Statoil to Resume Production after Compulsory Arbitration

Statoil preparing to resume production at installations that have been affected by a strike, after the government decided to impose compulsory arbitration in the pay settlement for the Norwegian continental shelf. Norwegian Minister of Labour Hanne Bjurstrøm has informed the parties in the offshore pay settlement that the government will propose to Parliament that the conflict be resolved by compulsory arbitration. At the request of the Minister the parties are to resume work as soon as possible. The lockout that has been announced for the Norwegian continental shelf will therefore not come into force. On Thursday 5 July, the Norwegian Oil Industry Association (OLF) announced an impending lockout for all members of the unions Industry Energy (Industri Energi)…

05 Jul 2012

OLF Lockout Means Statoil Production Shutdown

Statoil preparing to halt production after notice of lockout. Statoil is preparing to shut down production on the Norwegian continental shelf (NCS) following a notice of lockout. The Norwegian Oil Industry Association (OLF) announced today that a lockout will be imposed on all members of Industry Energy (Industri Energi), the Organisation of Energy Personnel (SAFE) and the Norwegian Organisation of Managers and Executives (Lederne) who are covered by the offshore pay agreements. The announced lockout will take effect on Monday 9 July at 24:00 hrs., and will halt all production on the NCS. For Statoil, the shortfall in production will be around 1.2 million barrels of oil equivalent per day.

09 Jul 2001

Owners...Start Counting the Cash

The much anticipated turnaround in the Gulf of Mexico Oil Patch is happening, and the companies that supply boats and services in the area are feeling the impact. Consolidation has touched every facet of the marine business — every facet of business — for nearly a decade. Following the economic slowdown and resultant "weeding out of the weaklings" in the early 1990s, a new business plan stressing size and economic resource emerged. The plan, obviously, has not worked universally, as some companies overextended just as the market came crashing down in 1997. Today, for better or worse, a handful of enormous companies reign over the business of owning and operating vessels and rigs in the Gulf of Mexico region.