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Monday, October 21, 2019

Clean Energy News

Pic: Nakilat

Nakilat Posts 10.5% Surge in 9 Month's Net Profit

Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the first nine months of this year.Nakilat, which has the largest LNG shipping fleet in the world, comprising 69 vessels, said in a press note that its positive financial performance can be primarily attributed to better operational performance in managing its liquefied natural gas (LNG) and liquefied petroleum gas (LPG)…

Pic: Damen Shipyards Group

Damen, Maris Join Forces to Tackle Seaweed

Dutch shipbuilding giant and Maris Projects, a player in marine and oceanographic data management services,  have joined forces to tackle the issue of invasive Sargassum seaweed in the Caribbean region – including the Dutch Caribbean Islands.The partners are working towards the developments of a holistic solution. The work of the two companies is expected to greatly increase knowledge of bio-processing, leading to the design of efficient and scalable technologies with the capability to deliver both environmental and socio-economic benefits.A significant – and to date…

Pic: Siemens Gamesa

Siemens Gamesa Wins 250MW Gig in Egypt

Siemens Gamesa has pledged its further commitment to the growth of clean energy in Egypt through the construction of the 250 MW West Bakr Wind project which is owned by the renewable power generation company Lekela.Siemens Gamesa will install 96 SG 2.6-114 turbines through a turnkey EPC contract and will provide long term maintenance through a 15-year service agreement.Alfonso Faubel, SGRE Onshore CEO, said: “We are proud to have been selected to contribute to the ambitious goals in renewable energy the Government has set for the coming years.

Image: Mainstream Renewable Power

Eni, Mainstream Eye UK Offshore Wind

Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia. The agreement will see Italian firm Eni and MRP collaborate to develop “large-scale renewable assets” in “high-growth markets”.Luca Cosentino, Executive Vice President of Energy Solutions department in Eni said…

Pic: Siemens Gamesa

Siemens Gamesa Ups 'Green' Credit to $1.4Bln

Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has increased the amount of guarantees that qualify as "green" to €1.25 billion ($1.4Bln) as they contribute to the United Nations Sustainable Development Goals (SDG).The deal, arranged with BNP Paribas, adds €350 million to the existing line of €900 million in "green" guarantees arranged with other banks.Siemens Gamesa will use this line to fund its business of manufacturing and selling onshore and offshore wind turbines worldwide…

Photo: Qatar Petroleum

Qatar, Shell Partner on LNG Bunkering

State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell signed a shareholder agreement to establish a joint venture for global LNG bunkering services.The agreement signed by Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. paves the way for the establishment of a joint venture company owned equally by both parties, subject to customary regulatory approvals.The new company’s principal business activities will include the procurement of LNG…

© peterschreiber.media/Adobe Stock

Offshore Wind Conference Set for SUNY Maritime

The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, are hosting the Ocean Wind Energy Conference on Thursday, September 26, 2019 at the Maritime Academic Center, SUNY Maritime College.Serving as the keynote speaker is Alana Duerr, Ph.D., Director, Offshore Wind North America, DNV GL - Renewables Advisory, who will offer insight to opportunities for maritime industry support of Ocean Wind Energy development and sustainment for many years to come.

Photo: MHI Vestas Offshore Wind

MHI Vestas Bags Taiwan Switchgear Deal

Wind turbine manufacturer MHI Vestas Offshore Wind has signed its third contract in Taiwan for local production as it prepares to execute 900 MW of offshore wind projects."Confirming the first electrical component for local supply in the budding offshore wind industry in Taiwan, MHI Vestas has signed a conditional agreement with Mitsubishi Electric Europe B.V., with Taiwanese manufacturer, Shihlin Electric Co., included as an integral part of the production," said a notification from the company.The contract…

Image: Leclanché

World’s Largest Electric Ferry Completes Maiden Voyage

E-ferry Ellen, the world's largest all-electric ferry,  made its first commercial trip connecting the ports of Søby and Fynshav (Denmark).Switzerland-based battery system provider Leclanché SA has powered the vessel, capable of carrying approximately 30 vehicles and 200 passengers,  with a capacity of 4.3MWh.Participating in this event celebrating the first scheduled ferry service between the two Danish islands were the respective mayors of the two municipalities, Ole Wej Petersen of Aerø and Erik Lauritzen of Søndeborg.E-ferry Ellen is expected to be fully operational within a few weeks.

Image: Iberdrola

Iberdrola Sells Stake in East Anglia One to GIG

Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the majority shareholder, with 60% of this offshore wind farm, which will be one of the largest in the world when it enters into operation.According to transaction terms and conditions the entire value of EAO amounts to £4.1 billion and when the wind farm is operational in 2020…

Ignacio Galán, CEO Photo: Iberdrola

Iberdrola Profits Up with Contribution from OWF

Spanish public multinational utility company Iberdrola said that its gross operating profit (EBITDA) grew by 12.5% to €4.99 billion, due to the positive performances in the United States, Mexico and Brazil and the contribution of the Wikinger offshore wind farm, which amply offset lower contribution from the Networks and Renewables businesses in Spain and the Generation and Retail business in the UKGroup Chairman Ignacio Galán explained that “this double-digit growth highlights the success of our business model…

 Dr Cleopatra Doumbia-Henry, WMU’s President

WMU: Maritime Energy Postgraduate Diploma

The World Maritime University has launched a new Postgraduate Diploma program on Maritime Energy via distance learning. The new program is designed to take a holistic approach from ships to ports and shipyards, combining technical solutions with a socio-economic-environmental perspective.“The 2015 Paris Agreement and new IMO greenhouse gas emissions (GHG) Strategy require a significant reduction in GHG to be achieved over the coming decades, reaching zero emissions of CO2 before the end of this century,” said Dr Cleopatra Doumbia-Henry, WMU’s President.

CIMAC’s Vice President Axel Kettmann died on Monday at the age of 62 after a serious illness. Photo courtesy CIMAC

Obituary: Axel Kettmann, VP, CIMAC

CIMAC’s Vice President Axel Kettmann died on Monday at the age of 62 after a serious illness. The association has lost a companion who was extremely committed to the interests of the industry for many years, advancing many important topics.Axel Kettmann, Senior Vice President of ABB Turbo Systems in Baden for many years, always had a pragmatic view of what was feasible, without losing sight of the vision of innovative and clean energy generation. Emission reduction, international…

Image: Port of Amsterdam

Port of Amsterdam CEO Appointed Energy Commissioner

Port of Amsterdam CEO Koen Overtoom and ten other Amsterdam residents have been named Energy Commissioners by Platform 02025, a non-profit that aims to make Amsterdam a leader in clean energy.Amsterdam port said in a press release that the appointment was co-initiated by the National Energy Committee, which is headed by the National Energy Commissioner, Ruud Koornstra.Platform 02025 seeks to motivate and inspire Amsterdam residents to transition to clean, safe and natural energy by 2025.

Prime Minister Narendra Modi inaugurates Mundra LNG Terminal & Anjar. Photo by Press Press Information Bureau, Government of India

Indian PM Inaugurates Mundra LNG Terminal In Gujarat

Indian Prime Minister Narendra Modi has inaugurated the Mundra LNG terminal that has been developed in keeping with his emphasis on clean energy.He said that the inauguration of the LNG terminal is the highlight of today's programme. I am fortunate to have inaugurated three LNG terminals, he added.Narendra Modi said that when Gujarat got its first LNG terminal, people were surprised. Now, the State is poised to make a fourth LNG terminal, he added.Gujarat is emerging as an LNG hub of India, the Prime Minister said, adding that this should make every Gujarati proud.

File Photo: © alexyz3d / Adobe Stock

KOGAS Invests $8.84bn in LNG, Hydrogen Projects

South Korean state-owned Korea Gas Corporation (KOGAS) will invest 10 trillion won (US$8.84 billion) by 2025 to expand its natural gas capacity and infrastructure for hydrogen vehicles and other clean energy sources, reports Yonhap.Kogas, which has a monopoly on domestic natural gas sales,  unveiled a long-term business plan on the 35th anniversary of its foundation as it expects to play a greater role under the government’s energy transformation policy. The world’s second-largest…

China COSCO Shipping, Executive Vice President, Sun Jiakang (first from left) PAO Novatek, Chairman of the Management Board Leonid Mikhelson (second from left) Director of the National Energy Administration of China, Nur Bekri (fourth from left) Minister of Energy of Russia, Alexander Novak (fourth from right) CNPC, Board Director, President, Zhang Jianhua (third from right) MOL, Senior Managing Executive Officer, Takeshi Hashimoto (first from right). Photo: Mitsui O.S.K. Lines

Ice-Breaking LNG Carrier Vladimir Rusanov First Call at PetroChina LNG Jiangsu Terminal

Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation Limited for the Yamal LNG project, made its first call at PetroChina LNG Jiangsu Terminal in China on 17 July.A ceremony celebrating this milestone was held on 19 July.At the end of March 2018, the vessel started transportation services for LNG produced by the Yamal LNG plant at Sabetta port in Russia. For its latest voyage…

Photo: APM Terminals

APM Terminals Uruguay Inches to Zero Carbon Emissions

APM Terminals Inland Services Uruguay (also known as Montevideo Port Services SA) switched on 648 solar panels this month, capable of producing 228.6 MWh per year, enough to meet up to 90 percent of the facilities entire annual consumption.By switching to their own renewable energy source, Inland Services Uruguay, the largest equipment maintenance and repair provider in the country, will reduce its CO2 emissions by almost 50 tonnes per year. To put this in perspective, according to the United States Environmental Protection Agency it would take around 1…

CESI Lianyungang. Photo: Mitsui O.S.K. Lines, Ltd.

LNG Carrier CESI Lianyungang Delivered

Mitsui O.S.K. Lines (MOL) announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping Corporation Limited (CCSC) and China Petroleum & Chemical Corporation (SINOPEC), at Hudong-Zhonghua Shipbuilding (Hudong) on May 31. The CESI Lianyungang is the sixth vessel in the China LNG Transportation Project announced in April 2013, and will sail under a long-term charter transporting LNG that SINOPEC purchases from the Australia Pacific LNG Project.

Image: Boston Carriers

Boston Carriers to Buy Nuova Abibes SRL

Boston Carriers announced that in April 24 2018, the company entered into an exclusivity agreement with Nuova. The agreement provides six months for the acquisition of Nuova and all its assets and liabilities including but not limited to the storage facility in Italy as well as all its business, licenses and trademarks. "Our preliminary assessment of Nuova’s property plant and equipment assets only without including any valuation on the business, licenses and trademarks is approximately…

Photo: Baleària

Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal

Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona, Valencia and Algeciras, then extended to all the peninsular ports operated by the shipping company together with the entire new fleet powered by this fuel committed to using LNG as an ecological fuel. The president of Baleària, Adolfo Utor…

Photo: Crowdfunder Ltd

Shipowners' Club on Mayflower Autonomous Ship

The Shipowners' Club has revelead details about Mayflower Autonomous Ship project (MAS), which is an innovative new venture to design, build and sail the world’s first fully autonomous vessel across the Atlantic Ocean. The project’s name commemorates the anniversary of the Pilgrim Father’s voyage from Plymouth, UK to Plymouth in the New World (USA) on the original Mayflower in 1620. To mark the anniversary, marine tech company MSubs, Plymouth University and charitable research foundation Promare, are developing a 21-metre autonomous vessel based on a classic Oyster hull.

Solar Modules Stuck at Indian Ports Due to Import Duty Dispute

Solar modules worth more than $150 million are stuck at various Indian ports due to a dispute over their classification and the import tax applicable to them, sources said, which could delay Prime Minister Narendra Modi's clean energy goals. Modi has set an ambitious target of nearly tripling the country's total renewable energy capacity to 175 gigawatt (GW) by 2022, spurring global firms including Japan's SoftBank and Goldman Sachs to invest in solar projects in the country.

 Arctic Aurora. Photo: Dynagas Ltd

Dynagas Announces TC for LNG Carrier Pair

Dynagas LNG Partners has announced that a Partnership has entered into a new three year charter agreement with Statoil ASA (Statoil) for the employment of the Arctic Aurora, its 2013-built, 155,000 cubic meter, tri-fuel diesel engine, ice class liquefied natural gas (LNG) carrier. The Arctic Aurora is currently, and has been since 2013, on charter to Statoil. The Extended Charter is expected to commence in the third quarter of 2018 in direct continuation of the Current Charter…

Nakilat's flagship, QMax Mozah. Photo: Qatar Gas Transport Company

Nakilat Ends H12017 with $112 Mln Net Profit

Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last year in 2016. The lower profit was mainly attributed to the lower number of charter hire days in the current period compared to the same period last year (2016 was a leap year), the effect of changing…

Photo: APL

APL Reports 48% CO2 Emission Reduction in 2016

APL has announced its highest recorded fleet carbon dioxide emissions reduction of 48 percent in 2016, compared to its base level in 2009. Verified by Lloyd’s Register Group according to the Clean Cargo Working Group (CCWG) verification protocol and ISO14064-3:2006 standard, this achievement marks APL’s seventh consecutive year of improvements. “APL is pleased to register our best carbon reduction performance as yet, improving our fleet emission level by about 3 percent, versus our reduction in 2015.