Charterers seek cover for upcoming winters — but some shipowners prefer to play buoyant spot market
gas
Qatar closes in on LNG shipowner selection for newbuilding mega haul
Firm contracts on first batch of ships due before end of the year
Pertamina sets aside $4bn for fleet rejuvenation
Indonesia’s state-run energy giant Pertamina has created a new shipping division and allocated $4bn to buy new ships and upgrade terminals over the next seven years. According to Reuters, Pertamina International Shipping (PIS) will replace 23 ageing vessels and expand its fleet and look to list in...
https://splash247.com/pertamina-sets-aside-4bn-for-fleet-rejuvenation/
Bounce-back for US shipping stocks as focus returns to rates
Bullishness returns to the sector with 29 of 30 US listings piling on share value across all operating segments
TotalEnergies Marine Fuels grows its interests in ammonia fuelling
But managing director Jerome Leprince-Ringuet says LNG will remain part of shipping’s fuelling mix into 2050
TotalEnergies Marine Fuels eyes next LNG bunker vessel
Company prepares to welcome new Marseilles and Singapore-based LNG bunker vessels by the end of the year
TotalEnergies Marine Fuels broadens interests to include ammonia
But managing director Jerome Leprince-Ringuet says LNG will remain part of shipping’s fuelling mix into 2050
South Africa denies approval to Karpowership for three FSRU-backed projects
Environmental authorisation refused by Ministry for planned Richards Bay, Ngqura and Saldanha-based powerships
Australian compressed hydrogen carrier project moves ahead
Australian company Global Energy Ventures (GEV) has announced a memorandum of understanding (MOU) with technology group Wärtsilä concerning the potential use of its propulsion systems in the development of compressed hydrogen carriers. GEV’s business model is to build, own and operate (BOO) the...
https://splash247.com/australian-compressed-hydrogen-carrier-project-moves-ahead/
Hudong-Zhonghua aims to snare larger share of LNG newbuilding market
Chinese shipbuilder moves forwards on its plan to double its LNG carrier production capacity