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MPC Container Ships, North Sea Container Line and Elkem trailblaze new methanol powered container ships

Stas Margaronis | August 15, 2022 | Maritime | Technology | Energy | Alternative

Oslo, Norway-based MPC Container Ships (MPCCS) has announced that it is partnering with North Sea Container Line (NCL) and materials producer Elkem on an order for two 1,300 TEU ‘carbon neutral’ methanol powered container ships.

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Alfa Laval FCM Methanol chosen as the fuel supply system for six methanol-fuelled container vessels

AJOT | August 15, 2022 | Maritime | Technology | Energy | Alternative

Alfa Laval technology is playing a leading role in the marine industry’s transition to carbon-neutral green methanol. In this year’s largest methanol order to date, the Alfa Laval FCM Methanol will be the low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The system was chosen for both its real-life performance and its high design flexibility.

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Beset by corrosion and hampered by sanctions: Gazprom and Iran’s $40 billion deal sours

AJOT | August 15, 2022 | Energy

Rystad Energy assesses that it is metallurgical issues that risk undermining Gazprom’s plans to support development of Iran’s offshore gas fields in particular. Both Iran and Russia are under sanctions from Europe and Japan, as well as others.

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US Inflation Reduction Act: No respite on the horizon for energy industry costs, but Chinese policies could save the day

AJOT | August 12, 2022 | Energy | Conventional

Contrary to its title, the US Inflation Reduction Act will usher in more energy service inflation in the next 18 months as the incentives offered to manufacturers struggle to keep up with the increased demand triggered by the bill.

Ecopetrol Says Colombia Should Pare Back Proposed Oil Export Tax

Bloomberg | August 11, 2022 | Energy | Conventional

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Residential heat pump demand to top 1.5 billion units by 2050 on energy efficiency and security concerns – if supply can keep up

AJOT | August 11, 2022 | Energy

Global residential heat pump demand will skyrocket in the coming decades as energy efficiency and energy consumption demand take center stage as a result of energy insecurity and decarbonization efforts.

RWE boosts spending on wind, solar as gas crisis deepens

Bloomberg | August 11, 2022 | Energy | Alternative

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Mexico oilfield dispute is an industry warning, Talos chief says

Bloomberg | August 11, 2022 | Energy

When Talos Energy, a Houston driller, made the biggest private oil discovery in Mexico’s history in 2017, it enthusiastically led a $350-million investment in its new-found Zama field. Mexico had declared itself open to international business in energy, and Talos would help lead the way.

MOL signs deal to build 2nd bulk carrier equipped with ‘wind challenger’ hard sail system

AJOT | August 10, 2022 | Maritime | Bulk | Energy | Alternative

China’s cities face tough choice: More green energy or food

Bloomberg | August 10, 2022 | Energy | Alternative

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Senate passes budget reconciliation granting $3 billion to ports for electrification projects, House votes next

AJOT | August 10, 2022 | Energy | Alternative | Ports & Terminals | Equipment and Tech

Following months of negotiation over Congressional Democrats' agenda, and with persistent advocacy from the port industry, the Senate passed the long-awaited Inflation Reduction Act, the budget reconciliation bill that includes $3 billion over five years to establish a new grant program to install electrified equipment and reduce emission at ports.

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Deltamarin to help install WindWings on a Berge Bulk vessel

AJOT | August 09, 2022 | Maritime | Bulk | Energy | Alternative

Berge Bulk has selected Deltamarin to carry out the ship side basic design for installing BAR Technologies WindWings by Yara Marine Technologies onboard the 210,000dwt bulk carrier Berge Olympus.

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