Energy

Ane Maersk has made history by receiving green methanol from bunkership Golden Sunny Hana at the Ulsan Port anchorage. The Korean Ministry of Oceans and Fisheries and Ulsan Port Authority have successfully completed the world’s first ship-to-ship bunkering of green methanol to the 16,000 TEU container ship at Ulsan Port, South Korea. The Ministry of Oceans and Fisheries is committed to upgrading related systems and working with the private sector to secure the economics of sustainable marine fuel supply.

Dionysis Diamantopoulos, who has been with Baseblue and its predecessor BMS United since June 2019, has been appointed as the head of alternative fuels for the global marine fuel supplier and trading firm. Baseblue announced this via a LinkedIn post, expressing pride in Diamantopoulos’s expertise and analytical skills, citing their importance in shaping the company’s strategic direction amid the industry’s shift towards alternative fuels.

AET, a member of the MISC Group, recently held a naming ceremony in Singapore for its newest liquefied natural gas dual-fuel very large crude carrier, Eagle Veracruz. The ceremony, presided over by Singapore’s Minister for Sustainability and the Environment, Grace Fu, marked the vessel’s official naming and highlighted its contribution to greener maritime practices. The Eagle Veracruz is part of a long-term charter agreement with Shell Tankers Private Limited and represents a significant milestone for the Singapore Ship Registry.

Seaside LNG’s bunkering barge, the Clean Jacksonville, has begun operations in Galveston, Texas. This marks the first ship-to-ship LNG bunkering delivery along the U.S. Gulf Coast. The operation, which took place on December 30, 2023, involved careful coordination with all parties, including the Port of Galveston. Following a bunkering deal with Carnival Corporation, the 2,200 cubic meter barge has been relocated from Florida to serve the Texas Gulf Coast. Seaside LNG’s CEO, Tim Casey, expressed excitement for these developments and the growing demand for LNG as a cleaner maritime fuel.

Wagenborg Offshore collaborates with NAM/Shell UK and the Dutch province of North Holland to install and commission a shore connection system on the Kroonborg walk-to-work vessel, developed by Eekels Technology. This hydrogen shore power generator project, in partnership with the Port of Den Helder, will reduce emissions and combat climate change. The Port of Den Helder plans to provide renewable energy through a shore power connection to vessels starting in mid-2024. Wagenborg Offshore also intends to expand these installations to other vessels in its fleet.

Oil trading on Wednesday was in a state of uncertainty, as concerns over U.S. production slowdown due to winter weather were countered by disappointing economic growth in China. Priyanka Sachdeva of Phillip Nova expressed that the data did not alleviate the challenges facing crude oil demand and painted a bleak outlook for China in 2024 and 2025. Additional data from China revealed a 9.3% rise in refinery throughput in 2023. Executive director Fatih Birol of the International Energy Agency predicted a more balanced oil market in 2024, aligned with the Organization of the Petroleum Exporting Countries projection of strong demand. This balance was set against the backdrop of geopolitical risks in the Middle East, with the potential for disruptions yet to have a substantial impact on supplies. Andy Lipow of Lipow Oil Associates highlighted the potential significant impact on the Suez Canal if predictions were to materialize.

Netherlands-based energy giant Eneco has announced ambitious plans to pioneer a new hydrogen plant, intended to operate solely on renewable energy. This development seeks to revolutionize the global energy industry by exemplifying innovative eco-friendly technology. In its proposal, Eneco intended to establish this plant in the strategically positioned Rotterdam port area. A Revolutionary Plan: The

Heralding a new age of green transportation, the Netherlands is ready to unleash its first all-electric, zero-emission inland cargo vessel, Den Bosch Max Groen, by spring 2024. This drastic move is a major stride towards decarbonization, firmly thrusting Europe’s crucial inland shipping industry to the forefront. The cargo ship, a brainchild of Nedcargo, is undergoing

Fugro, the respected Dutch surveyor, has secured a valuable contract to conduct a geophysical survey in Lithuania as part of its first offshore wind farm project. Ignitis Renewables has enlisted the company’s services, marking an exciting progression for this 700 MW scheme. The development is a collaborative project between Ignitis Renewables and Ocean Winds, a

The globally dominant European supplier of offshore wind turbines, Siemens Gamesa, recently suspended construction plans for its anticipated turbine blade factory at Virginia’s Portsmouth Marine Terminal. Citing complications in achieving “development milestones”, the company put its $200 million proposal on hold.  This latest turn of events paints a somewhat uncertain future for US offshore wind