Author: Erick Parel

America Is Listing in a Gathering Storm

Energy News Beat Alarms are clanging at the U.S. geographic military commands around the globe. ​Argument By James Kitfield, a senior fellow at the Center for the Study of the Presidency & Congress. Geopolitical storm clouds are gathering at the far reaches of Pax Americana, and yet there is remarkably little sign that the U.S. […]

Japan’s Tokyo Gas to expand LNG trading business

Energy News Beat Tokyo Gas revealed this in its new medium-term management plan. “Internationally, we will focus on ensuring profitability in our shale gas business while expanding into mid/downstream operations in the US and LNG trading worldwide,” the company said In Japan, Tokyo Gas owns four LNG import terminals (Sodegaura, Negishi, Ohgishima, and Hitachi), and […]

German consortium produces e-methanol from wastewater

Energy News Beat Waterfront Shipping A German city is producing methanol for ships from wastewater in a world-first. A consortium consisting of the climate technology startup ICODOS, the Karlsruhe Institute of Technology (KIT), and the Mannheim Municipal Wastewater Treatment Plant (EBS) have overseen the project called Mannheim 001 which sees biogas is produced at the […]

Imabari hit by overseas recruitment ban

Energy News Beat At a time when it needs overseas help more than ever before, Japan’s largest shipbuilder has been hit with a five-year ban on accepting foreign trainees. Imabari Shipbuilding has lost its official certification for foreign technical intern programs through to the end of the decade for violating the industrial safety and health […]

AD Ports and Columbia launch shipmanagement venture

Energy News Beat AD Ports Abu Dhabi-based ports and logistics giant AD Ports Group and shipmanagement group Columbia have established a joint venture, Noatum – CSM. The jv will aim to optimise third-party vessel operations and that of AD Ports Group’s fleet through “state-of-the-art” fleet management systems. The newly formed entity combines Columbia Group’s expertise […]

Norden bags pair of capesize newbuilds

Energy News Beat Dry CargoEurope Norden Denmark’s Norden has firmed up its commitment to the capesize bulker segment through a deal for a pair of newbuildings. The Hellerup-based shipping giant will take the vessels on charter, with purchase options attached to the contract. The vessels will be built in Japan, with deliveries set for 2026 […]

Larsen & Toubro wins largest ever contract from QatarEnergy LNG

Energy News Beat QatarEnergy The hydrocarbon arm of Indian engineering conglomerate Larsen & Toubro (L&T) has received a contract for work on QatarEnergy LNG’s North Field production sustainability offshore compression project. According to a regulatory filing, the contract is the largest single contract ever received by the company. The scope of work encompasses the engineering, […]

UN raises alarm over increase in jamming and spoofing of satellite navigation systems

Energy News Beat Inmarsat Increasing incidents of interference with aviation, maritime and other satellite telecommunications services mean states need to urgently enhance their protection of a critical radio-frequency band, the International Telecommunication Union (ITU), the International Civil Aviation Organization (ICAO), and International Maritime Organization (IMO) have said with “grave concern” in a joint statement. These […]

Evergreen sets world record price with latest megamax orders

Energy News Beat Evergreen A new high has been reached for containership prices. Splash reported last month on Taiwan’s Evergreen contracting for eleven LNG dual-fuel 24,000 teu ships, the orders split between South Korea and China with Hanwha Ocean taking six vessels and CSSC Guangzhou Shipyard International (GSI) the remainder. $267.3m per megamax is $103m […]

Tentative Black Sea ceasefire on the table

Energy News Beat Ministry of Defense of Ukraine A tentative naval ceasefire has been reached in the Black Sea after more than three years of war between Ukraine and Russia, however, many issues need to be ironed out before the two sides down weapons at sea. The US, which has been brokering the deal, said […]