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Alternative fuels ship regs not likely before 2028 ‘at earliest’ | Decarbonisation

© DNV / Fortescue Green Pioneer © DNV / Fortescue Green Pioneer New mandatory regulations for using hydrogen and ammonia fuel in ships are unlikely before 2028 at the earliest, according to a white paper by ships classification organisation DNV. It notes progress has been made with the completion of interim guidelines for hydrogen-fuelled ships planned for 2025, and formal approval and publication next year. But it anticipates another two years before regulations under the IGF Code are approved. Shipping operators are forcing the pace. While no commercial vessels are operating on ammonia, the first orders for ammonia dual-fuel engines have been signed, with delivery from this year onwards. The Fortescue Green Pioneer completed ammonia fuel trials in May last year. Ferry operator Torghatten is set to receive two 120m ferries powered by compressed hydrogen… Read More »Alternative fuels ship regs not likely before 2028 ‘at earliest’ | Decarbonisation

HD Hyundai-built LNG carrier reflagged to Greece

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Greece’s Capital Gas Ship Management has completed the registration process of a liquefied natural gas (LNG) carrier to the Greek registry. The post HD Hyundai-built LNG carrier reflagged to Greece appeared first on Offshore Energy.

Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision

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OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway. The post Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision appeared first on Offshore Energy.

Partners stand firm in opposition to Guyana pulling the plug on offshore license

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Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana. The post Partners stand firm in opposition to Guyana pulling the plug on offshore license appeared first on Offshore Energy.

Air Liquide raises €500m through green bond to support energy shift | Finance

Air Liquide has raised €500m ($543.5m) by issuing a green bond to finance or refinance key energy transition projects in the low-carbon hydrogen and air gases sectors. It comes as the French industrial gas major’s third green bond after it issued two €500m raises in 2021 and 2024. The latest raise was said to be “oversubscribed” by investors and was undertaken through the firm’s Euro Medium Term Note (EMTN) programme. The bond has a 10-year maturity at a yield of 3.570% per year. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link