Shipowners should consider onboard carbon capture and storage at the newbuilding stage to reduce potential retrofit costs, according to a new DNV report.
Around 7-9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the world is to meet the 1.5°C Paris Agreement target, according to University of Oxford research.
Lloyd’s Register (LR) and Guangzhou Shipyard International (GSI) have signed a joint development project (JDP) for the design of a Very Large Ammonia Carrier (VLAC) with a carrying capacity of 100,000 cubic metres (cbm).
A global pandemic deal will conclude ‘within a year at the latest’, following an agreement reached by the World Health Assembly.
Maryland-based welding company ESAB Corporation has signed an agreement to acquire the welding business of Linde Bangladesh.
For decades, the infrastructure and processes surrounding the control of industrial gases appear to have remained largely unchanged, serving as the silent backbone of countless industries.
Market innovations, new products and funding are all fuelling growth in the cylinders and valves sectors.
A potential blockade by Iran of shipping transiting through the Strait of Hormuz could send the global LNG market into disarray and particularly impact Asia, according to Energy Intelligence.
Yara Clean Ammonia, a subsidiary of Norway’s Yara International, and Greenko ZeroC, part of India’s AM Green, have signed a term sheet to supply renewable ammonia from AM Green’s Kakinada facility in India.
Cool Company (CoolCo) has secured a contract to develop one of two newbuild liquefied natural gas (LNG) carriers for India’s GAIL.
