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Port of Newcastle’s Clean Energy Precinct project gains ground

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Port of Newcastle’s Clean Energy Precinct (CEP) project has reached a development milestone, with the signing of agreements for front-end engineering designs (FEED) and environmental impact statements (EIS). The post Port of Newcastle’s Clean Energy Precinct project gains ground appeared first on Offshore Energy.

UK backs green shipping corridor projects with fresh funding

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The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and advance environmentally friendly travel within Europe. The post UK backs green shipping corridor projects with fresh funding appeared first on Offshore Energy.

Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

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Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix. The post Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo appeared first on Offshore Energy.

Egyptian LNG coming to freshly opened Greek FSRU terminal

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Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in Greece. The post Egyptian LNG coming to freshly opened Greek FSRU terminal appeared first on Offshore Energy.