The German expert for lithium-ion battery systems AKASOL and the Norwegian pioneer of maritime energy storage solutions ZEM have worked together on the development of AKAZEM. The result is a unique autonomous IP 67 compliant liquid cooled…
Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants. According to a report on Nikkei, MOL is looking…
Russia's June Urals crude exports from the Baltic Sea ports are expected to fall by 15 percent compared with May on a daily basis to 5.51 million tonnes, a preliminary loading plan seen by Reuters showed on Thursday.Crude loadings from the port of Primorsk were set to fall by 30 percent to 2…
QOS Energy, a renewable O&M analytics software provider, opened a new office in India to better serve the booming Indian market. “QOS Energy provides turnkey O&M analytics services to unleash the value of data from thousands of renewable energy plants across the world…
India's Adani Enterprises on Monday deferred a final investment decision on its long-delayed Australian Carmichael coal project as the Queensland state government has yet to sign off on a royalty deal for the mine. The company had been planning…
The scale of electric powered vehicles is about to take a giant leap as Hyster Company announces that testing is underway on high capacity lift trucks with electric motors. The company suggests that, in the near future, ports and heavy…
DNV GL has confirmed that Columbia Shipmanagement complies with the highest standards in energy and safety management. Torsten Schramm, President at DNV GL – Maritime, recently presented the ISO certification for the standards ISO 50001:2011 and OHSAS 18001:2007 to Carsten Sommerhage…
Mitsui O.S.K. Lines has announced that its group company MOL Techno-Trade will start selling an upgraded version of its energy-saving Propeller Boss Cap Fins (PBCF). MOL Techno-Trade has sold more than 3,100 PBCFs to ship owners all over the world…
Shell Marine has renewed its technical partnership for a further four years with the University of Cebu - Maritime Education and Training Center (UC METC). At the signing of the new Memorandum of Understanding (MoU) were Shell Marine Executive Director Jan Toschka…
Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world's…
Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada…
ENGIE and The AES Corporation have agreed to enter into a joint venture to market and sell liquefied natural gas (LNG) to third parties in Central America. The joint venture will utilize the Costa Norte LNG terminal currently under construction in Colón…
The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States…
Given the mounting pressure on freight rates and continuing fleet growth over the next two years, Drewry believes that excess vessel supply will reduce only gradually with the recovery in rates pushed back to the latter part of next year, according…
Bangladesh's State-owned Petrobangla has inked final deals with Summit LNG Terminal Co to development the country's second floating LNG terminal. The Financial Express reported that Summit group will install a Floating Storage and Re-gasification…
