It is seeking the cargo on a delivered-ex-ship (DES) basis for Nov. 6-15 delivery to the Dahej terminal. The tender closes on Oct. 7.

https://www.xm.com/research/markets/allNews/reuters/gail-india-issues-lng-tender-for-november-delivery-sources-say-53939864

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With this move, India plans to target pollution and cut dependence on diesel and increase the share of natural gas from 6% to 15% in the energy mix.

Is this just another target or a real opportunity?

Well, other countries give some confidence.

While China has a fleet of over 800,000 LNG trucks on its roads, the number in the US and Europe is estimated to be 15,000.

In comparison, India is still taking baby steps, with hardly 500 such trucks on the road.

To be sure, at present, this is a bit of chicken and egg situation.

A large-scale adoption needs infrastructure of LNG filling stations which is lacking.

For LNG filling stations to be viable, there needs to be an LNG based fleet that can justify that investment (which isn’t there yet).

To start with, the government is setting up first 50 LNG fuel stations along the Golden Quadrilateral. By 2030, the plan is to develop 1,000 such stations. This side of the supply chain will be catered by companies in the oil and gas sector – IOCL, BPCL, HPCL, GAIL, Petronet LNG, Gujarat Gas and their joint ventures/ subsidiaries.

Coming to the demand side and a fleet owner’s perspective…

The initial cost of owning an LNG based truck is higher than that of diesel. However, as per studies by Niti Aayog, LNG is a better option if you consider total cost of ownership, including running costs.

And then there are other benefits.

With a single fill of LNG, upto 1,400 km can be covered. This makes it ideal and efficient for long haul journeys. The driver fatigue is limited due to less noise.

Then there are ESG brownie points. As such, the fleet operators like Dehlivery, companies in cement, chemical, mining, containers, and steel industries are seriously considering a fleet makeover.

To cater to this demand, Tata Motors, Ashok Leyland and Blue Energy have already introduced LNG trucks.

For You: See How to Get All Stock Recommendations Inside Our Smallcap Research

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Apparently, 2,500 trucks would be a good number to justify the initial investment in 50 LNG stations.

Do note that Blue Energy alone has already deployed 500 LNG-based heavy-duty trucks on Indian roads.

So, these are some obvious names in the trend. Time will tell how this opportunity pans out. In the meantime, there is a specific stock you should have on your watchlist if this theme interests you.

The company is Inox India.

You see, LNG needs to be stored and transferred at low temperatures.

Inox India is a leading global provider of customised cryogenic (related to dealing with low temperatures) equipments – storage tanks, transport tanks, vaporizer, regasification equipment. It has a customer base in over 100 countries. Almost 50% of its revenue are from exports.

Its business segments include industrial segments, LNG and cryo scientific (satellite, propulsion systems and launch facilities).

In its latest order book of Rs 11 bn, 23% of orders are for LNG segment. Revenuewise, the segment accounts for 15% in the latest quarter.

Inox India supplies to both PSUs for LNG fueling stations and to truck makers for LNG fuel tanks.

In LNG stations, the company’s market share is 70-75%. It alone has supplied over 60% of tanks in stationary & trailer mounted mobile LNG tanks in India.

As such, a serious shift towards LNG could be a big positive for the company. The company is almost debt free. Its operating profit margin is well over 20% and return ratios are above 30%.

As such, a serious shift towards LNG could be a big positive for the company.

Do note that this is not a recommendation. Readers should do their own due diligence before acting on information expressed here.

https://www.equitymaster.com/profit-hunter/detail.asp?date=09/26/2024&story=3&title=Inox-India-and-the-LNG-Boom

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On Thursday, LNG trucks were flagged off at Vedanta’s Sterlite Copper Plant in Silvassa. 

These LNG vehicles will be transporting finished goods to the northern region, utilising a reverse logistics model. 

GreenLine’s LNG trucks, capable of carrying a 40-tonne payload and traveling up to 1,200 kilometres on a single tank, will enhance logistics efficiency while significantly reducing carbon emissions, the company said.

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd. said, “Our partnership with Sterlite Copper marks an important milestone in our commitment to sustainable logistics. By integrating our LNG technology into their operations, we not only enhance our service offerings but also set a standard for decarbonisation in the transportation sector. Together, we are taking significant steps towards a cleaner, greener future.”

https://www.thehindu.com/business/greenline-mobility-deploys-lng-powered-trucks-at-sterlite-copper/article68686977.ece

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According to Jio-bp’s statement, the new charging station will serve the Nita Mukesh Ambani Cultural Centre, Jio World Plaza, and Jio World Convention Centre, enhancing the infrastructure in this prominent business district.

During the inauguration event, Anant Ambani highlighted the company’s role in supporting the growth of electric vehicles, stating, “Jio-bp is playing a pioneering role in accelerating EV adoption in India, with the largest network of fast-charging stations and the highest reliability.”

Jio-bp, a joint venture between Reliance and bp focused on fuels and mobility, has rapidly expanded its EV charging network. Over the past year, the company has increased its charging points from 1,300 to 5,000.

Notably, 95% of Jio-bp’s network consists of fast-charging stations, which enable quicker charging times. These stations, according to Jio-bp, boast a 96% uptime, making the joint venture one of the most reliable charging networks in the country.

To further reduce charging time, the company has introduced 480 kW chargers, among the highest-rated in the industry. These chargers are strategically deployed in key locations such as shopping malls, corporate parks, public parking spaces, and wayside amenities. Additionally, Jio-bp’s Pulse app enhances the user experience, allowing drivers to easily locate and access charging stations.

Murray Auchincloss, emphasising bp’s strategic vision, said, “EV charging is one of bp’s key transition businesses in our journey to becoming an integrated energy company.” He added that the joint venture with Reliance combines the strengths of both companies to offer a convenient and efficient charging solution across India.

In addition to EV charging, the joint venture between Reliance Industries Limited (RIL) and bp markets traditional fuels and offers alternative fueling options. Jio-bp also provides doorstep diesel delivery through its Fuel4U service, and its aviation brand, air bp-Jio, supplies Aviation Turbine Fuel across India.

https://www.cnbctv18.com/auto/jio-bp-hits-5000-ev-chargers-as-anant-ambani-and-murray-auchincloss-unveil-500th-station-at-mumbais-bkc-19483081.htm

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“The Indian Railways (IR) will have 35 trains under the Hydrogen for Heritage initiative at an estimated cost of Rs 80 crores per train with another Rs 70 crores investment in ground infrastructure per route on various heritage or hilly routes,” the official told ET.

With this, India will become the fifth country in the world, after Germany, France, Sweden, and China, to operate Hydrogen powered trains.

“The System integration Unit battery and two fuel unit synchronization tests have been successfully done,” the official said.

Another pilot project for retro-fitment of Hydrogen Fuel cell on existing Diesel Electric Multiple Unit (DEMU) rake, along with ground infrastructure, is also underway. This train is planned to be run on the Jind –Sonipat section of Northern Railway. “Integration of prototype train is planned in Integral Coach Factory, Chennai,” the official added.

Hydrogen for this train in Haryana is said to be supplied from a 1-megawatt (MW) Polymer electrolyte membrane (PEM) electrolyser at Jind.
A statement from GreenH Electrolysis said this electrolyser will operate round the clock producing approximately 430 kg/day of hydrogen. “The refuelling infrastructure at Jind will also have a 3,000 kg hydrogen storage, hydrogen compressor, and two hydrogen dispensers with pre-cooler integration, allowing for quick refuelling of the trains,” the statement said.

https://economictimes.indiatimes.com/industry/transportation/railways/german-company-to-do-safety-audit-of-indias-hydrogen-trains/articleshow/113877658.cms?UTM_Source=Google_Newsstand&UTM_Campaign=RSS_Feed&UTM_Medium=Referral

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The agreement will enable GBA to pursue its functions internationally, the statement said. The Alliance backed by national governments, global institutions and industries, seeks to bring together the biggest consumers and producers of biofuels at a time climate action has become the focal point of public policy. 

The Alliance also seeks to offer new opportunities to Indian industries by positioning India as a knowledge base and as a production hub for biofuels including ethanol, sustainable aviation fuel and compressed bio gas. It also could boost New Delhi’s role in the global biofuels sector, according to information available from the petroleum ministry.

The body was launched by Prime Minister Narendra Modi along with the leaders of US, Brazil, Italy, Argentina, Singapore, Bangladesh, Mauritius and UAE in September 2023, on the sidelines of the G20 summit in the capital as an initiative of the Chair. 

Mint had reported on 17 July that the alliance was set to sign the host country agreement. The deal paves the way for the government to grant exemptions, immunities and privileges to the alliance and its secretariat in the country, as contemplated under a UN statute. Mint also reported that this agreement will provide GBA with an independent and international legal persona that would allow it to carry out its functions in a more efficient manner at the international level.

GBA’s diplomatic status as a global body is similar to the status given to the Coalition for Disaster Resilient Infrastructure (CDRI) and the International Solar Alliance (ISA).

India has been proactive in taking steps to mitigate and adapt to the impact of climate change and has set a net-zero emission goal to be achieved by 2070. As per official estimates, India’s share in global carbon emissions is less than 4% although the country accounts for about 17% of the world’s population.

As a party to the UN climate change deal, India had set a voluntary goal of cutting its economy’s emissions intensity by 33-35% by 2030 from the 2005 level. As per information available with the ministry of environment, forest and climate change, the Indian economy’s emission intensity had come down by 33% between 2005 and 2019. 

India had also set a goal of having two-fifth of cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, a target that was met last year, when clean energy accounted for 43.8% of the cumulative electric power installed capacity. 

https://www.livemint.com/economy/global-biofuel-alliance-gets-diplomatic-status-agreement-internationally-legal-entity-independent-11728651885054.html#:~:text=Global%20Biofuels%20Alliance%20gets%20diplomatic%20status&text=The%20government%20on%20Friday%20signed,official%20informed%20on%20social%20media.

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The CM will transfer Rs 69.42 lakh into the accounts of 2,314 Safai Mitras (each Rs 3,000) as an incentive of the Ujjain Municipal Corporation with a single click on getting a 3-star rating to the corporation in the Swachh Survekshan 2022. He will also felicitate CMOs of the ULBs who have performed outstandingly.

CM Yadav has expressed gratitude to PM Modi and his vision ‘waste to wealth’, and the saints who serve the Gau Maata at the Laal Tipara cow shelter, the state government will give full support for the expansion of this effort.

The bio-CNG plant has been set up in the 2-hectare area at the gaushala of Gwalior which is the country’s first advanced and self-reliant cow shelter.

For setting up the plant, Indian Oil Corporation Ltd (IOCL) has funded Rs 32 crore under the Corporate Social Responsibility (CSR) policy of the Companies Act 2013. Gwalior Municipal Corporation (GMC) has also assisted Rs 5 crore. The IOCL will maintain the plant too.

The plant will produce 3 tons of bio-CNG and 20 tons of nutrient-rich fertiliser per day using 100 tons of cow dung.

The bio-CNG project had been pending for a long time, but with the efforts of the then-

commissioner of the GMC Kishore Kanyal, its process was reinitiated and an MoU was signed with IOCL.

He reached out to IOCL officials and requested them to review the project, and as he promised, the commissioner issued the NOC within 24 hours.

 

Due to his intervention, the project capacity was also increased from 50 TPD to 100 TPD, and the cost escalated from Rs 15 crore to Rs 31 crore.

Notably, Asia’s largest bio-CNG plant has also been set up in Indore, which was also inaugurated by PM Modi.

The gaushala is being operated by the GMC and more than 10,000 cattle live there.

https://www.millenniumpost.in/nation/pm-to-inaugurate-dung-based-bio-cng-plant-in-mps-gwalior-today-581757

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In terms of cable sizing, for applications with a 33kV voltage level, the cable size must adhere to protection time grading requirements. The protection time should be at least 0.3 seconds to ensure safety and system integrity.

Regarding SCADA, the project requires two licenses for remote monitoring, with the provision for concurrent viewing by all users.if required, provisions should be made for data telemetry and remote communication with the relevant Regional Load Dispatch Center.For DC and LT (Low Tension) power cables, the voltage drop between the module and the inverter transformer must be limited to 3% of the rated voltage. The maximum allowable voltage drop for all LT cables is also capped at 3%.The DC system voltage should be designed for 125V or 250V, with auxiliary voltage supplied by a 110V or 220V battery. This aspect will be finalized during the detailed engineering process.Only Class-I and Class-II local suppliers are eligible to participate in the bidding process.Last December, GAIL invited bids for the design, supply, construction, erection, testing, and commissioning of 600 MW (6 x 100 MW) of solar power projects at the Khavda Solar Park in the Kutch region of Gujarat.Earlier, the company had invited bids for hiring a project management consultant to set up a 10 MW ground-mounted solar power project at GAIL’s Vijaipur Complex.Subscribe to Mercom’s India Solar Tender Tracker to stay on top of real-time tender activity.

https://www.mercomindia.com/gail-invites-bids-solar-project-in-madhya-pradesh

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The HyNet project of EET, which recently secured a $650 million in facilities, will produce 350 megawatts (MW) of blue hydrogen in the first phase and an additional 1 gigawatt (GW) in the second phase, Ruia said at FT’s Energy Transition Summit India.

 “We are going to make this (Stanlow) the world’s first decarbonised green refinery. We are decarbonising 95 per cent of our carbon dioxide emissions that are released when crude oil is processed into fuels like petrol and diesel,” he added.

EET Fuels is investing $1.2 billion over the next five years to decarbonise its operations and targeting a 95 per cent cut in emissions by 2030 through energy efficiency, carbon capture and fuel switching, which will lead to 12.5 per cent reduction in the North West’s overall regional carbon emissions.

Use of blue hydrogen in the refinery process will decarbonise up to 2.5 million tonnes of CO2 equivalent to taking 1.1 million cars off the roads

“Using hydrogen for the refinery heating and power requirement will be first globally,” Ruia noted.

Last week, the UK government announced 21.7 billion pounds of funding over 25 years to support the construction of two carbon capture clusters in northern England that include large blue hydrogen projects. The money will be for the HyNet hub in Merseyside and the East Coast Cluster hubs in Teesside, which will see more than 8.5 million tonnes of carbon dioxide a year stored under the Irish Sea and North Sea.

https://www.thehindubusinessline.com/companies/essars-stanlow-facility-to-transform-into-worlds-first-green-refinery/article68733138.ece

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Hydrogen produced through clean pathways is injected into natural gas pipelines, and the resulting blends are used to generate heat and power with lower emissions than using natural gas alone.

The firm has started producing green hydrogen by using renewable energy sources like wind or solar power, to split water into hydrogen and oxygen through a process called electrolysis. This hydrogen is blended in natural gas that is currently piped to households for cooking purposes and industries.

“We are thrilled to announce the successful commissioning of our Hydrogen Blending System and in-situ Hydrogen Generation at Adani Shantigram, Ahmedabad,” Adani-Total Gas Ltd (ATGL) said.

“This project will provide uninterrupted hydrogen-blended natural gas to 4,000 domestic and commercial consumers.” Presently, state-owned power generator NTPC supplies green hydrogen blended natural gas to households in Kawas in Surat district, Gujarat.

State-owned gas utility GAIL (India) Ltd is also doing a small pilot in Indore, Madhya Pradesh, to supply CNG that has been doped with grey hydrogen.

ATGL’s project is the biggest so far.

The firm will slowly increase the green hydrogen blend in natural gas to 5 per cent and ultimately to 8 per cent and widen supplies beyond Shantigram to other parts of Ahmedabad and eventually across other areas where it holds a city gas license.

“This achievement marks a significant step towards reducing our carbon footprint and transitioning to cleaner energy solutions. By blending hydrogen with natural gas, we are lowering greenhouse gas emissions, enhancing energy security, and supporting sustainable development,” ATGL said.

“It reaffirms our commitment to sustainability. It paves the way for a cleaner, greener future, ensuring cleaner and healthier air for everyone.” ATGL CEO Suresh P Manglani said the pioneering initiative by the firm marks “a significant step towards decarbonising India’s energy landscape”.

While green hydrogen with nil carbon emissions is being talked about as the future fuel, its tendency to corrode pipelines and equipment limits its usage. Tests have established that up to 10 per cent hydrogen can be blended in natural gas without any impact on pipelines or equipment.

ATGL is currently doing 2.2-2.3 per cent blending and will slowly increase it to 5 per cent and ultimately to 8 per cent – the limit set by the regulators at present.

A higher blend of up to 30 per cent is possible with a change in material grade and wall thickness of pipelines and equipment.

Hydrogen energy is a key component of the global energy transition to reduce greenhouse gas emissions and address climate change. Hydrogen can be extracted from fossil fuels and biomass, from water or a mix of both.

However, its high cost of production remains a challenge.

https://www.business-standard.com/companies/news/adani-starts-india-s-biggest-green-hydrogen-blending-in-natural-gas-project-124100600163_1.html

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Kedia said a total of 47 exhibitors representing 10 biogas producing nations took part in the REI Expo.
 These investments, set to be realised over 2-3 years, reflect strong international interest, particularly from countries such as Germany, Sweden, and the UK, he said.

“We have signed MoUs (memorandum of understanding) worth over Rs 900 crore for joint ventures and received almost 50 LoIs (letter of intends) for establishing compressed biogas plants in India,” Kedia said.

Founded in 2011 and revamped in 2015, the IBA serves as a nationwide platform for bioenergy operators, manufacturers, and planners, working with international organisations like the German Biogas Association to promote the growth of the biogas sector in India.
 The REI Expo, one of the largest renewable energy events in India, focuses on bioenergy, solar, wind, electric vehicles, and energy efficiency technologies.

Supported by the Ministry of New and Renewable Energy (MNRE) and key industry players, Bio-Energy Pavilion 2024 was aimed to accelerate India’s progress towards net-zero emissions.

IBA President Dr A R Shukla highlighted the success of this year’s expo, noting that the active participation of MNRE to be present in Bio-Energy Pavilion with scientist of Sardar Swaran Singh National Institute of Bio-Energy (SSS-NIBE), Kapurthala, has boosted confidence in the bioenergy sector.

 Shukla also emphasised the need for emphasising on bio-energy considering its holistic advantage, to unlock the potential for energy self-sufficiency.

He added that with the right policy support, the bioenergy industry could replace fossil fuels entirely.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/rei-expo-saw-rs-1850-cr-investments-committed-for-biogas-sector-iba/113997546#:~:text=New%20Delhi%3A%20Investments%20worth%20Rs,Biogas%20Association%20(IBA)%20said.

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The Bengaluru Solid Waste Management Ltd (BSWML) has decided to hand over 18 acres of land within the KCDC plant to GAIL India, which will be setting up a biogas plant at its own cost. For BSWML, GAIL India’s proposal seemed like a win-win solution, as the wet waste processing plant- operated by KCDC since 1975-has faced strong opposition from local residents due to air and environmental pollution concerns.

In the last three years, GAIL India, which has a large network of gas distribution lines in Bengaluru, has been searching for suitable land to establish a 300-tonne biogas plant. The civic body had cleared the detailed project report (DPR) in October 2021, and the government eventually approved the project in October 2022.

 According to the DPR, GAIL India will invest about Rs 65 crore to establish the 300-tonne biogas plant. The facility is expected to produce approximately 10.70 tonnes of CNG per day and 31.39 tonnes of organic manure, among other products. The BBMP will also benefit, as it will be able to dispose of about six percent of its total waste without incurring any additional costs.

 The project was originally proposed to come up at Mandur, where the BBMP had stopped sending waste since November 2014 due to public protests. This location was, however, shelved as local villages, including elected representatives, opposed the plan, especially since the BBMP was also planning to establish a much larger solid waste management plant in the same area by engaging private agencies.

The land dispute came up for discussion at the high-powered meeting chaired by Chief Secretary Shalini Rajneesh in August. As the central public sector undertaking was unable to establish the biogas plant, she directed the BBMP and BSWML to identify alternative land within 60 days. A senior BSWML official stated that the KCDC plant in Mandur was finalised at a recent meeting.

 “The plant covers 29 acres of land. About 18 acres will be handed over to GAIL India once the state government approves the location,” he said. Transforming wet waste into biogas is going to be a significant achievement for BSWML officials, as it is considered a more environmentally friendly solution compared to simply dumping waste in landfills.

https://www.deccanherald.com/india/karnataka/bengaluru/gail-india-to-set-up-300-tonne-biogas-plant-within-kudlu-s-kcdc-plant-3221239

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Energy supermajor Chevron will supply 600 million standard cubic feet of gas per day to the Angola LNG (ALNG) facility by the end of the year. This comes as the Sanha-Lean Gas Connection (SLGC) Project – developed by Chevron’s local subsidiary and set to deliver lean gas to the ALNG onshore plant – prepares for first production by Q4 2024. 

The announcement was made by Chevron’s Managing Director of the Southern Africa Strategic Business Unit Billy Lacobie during an “In Conversation with” session at the Angola Oil&Gas conference in Luanda on Wednesday.  

“It’s very exciting as you go forward and look at the immense opportunities when you go into gas,” said Lacobie. “When you talk about energy security, [gas] is one of the key enablers.”  

According to Lacobie, Chevron’s gas production increase will be driven by the installation and tie-in of the SLGC Project to the existing Sanha Condensate Complex, which features pipelines connecting Chevron-operated Blocks 0 and 14 to ALNG. 

https://www.cnbcafrica.com/wire/651152/

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A test run at the plant, Nhon Trach 3 in the southern province of Dong Nai, will begin in mid-October, reported Cong Thuong, a newspaper of the Ministry of Industry and Trade

The nearby Nhon Trach 4 plant is expected to start commercial power generation in July 2025, the report said, two months behind schedule.

Both plants, which have a combined capacity of 1.5 gigawatts (GW), are being developed by PetroVietnam Power Corp. They are the first in a fleet of 13 LNG-fired plants with total capacity of 22.4 GW that Vietnam aims to have by 2030.

PetroVietnam Power said earlier this year that construction of the two plants had faced obstacles, including issues related to a power purchase agreement, land leases, and transmission lines from the plants.

https://www.naturalgasworld.com/vietnams-first-lng-power-project-to-start-commercial-operations-from-april-5-months-behind-target-118327

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In a statement, ICTSI said the inaugural call of CMA CGM Passion arrived last 26 September.

The 7,327-TEU CMA CGM Passion operates under CNC’s KCS service, which offers direct sailings between South China and the Philippines.

This weekly service connects key ports in China, Indonesia, and the Philippines, including Xingang, Dalian, Lianyungang, Qingdao, Singapore, Jakarta, Surabaya and Manila.

It also provides one of the fastest transit times from Qingdao to Singapore and Indonesia.

Reduced carbon emission

“This landmark call reinforces our efforts to reduce the environmental impact of MICT’s operations, which include investing in hybrid rubber-tired gantries that require less fuel and generate cleaner emissions. We hope to handle more green ships as the industry moves towards decarbonization,” Christian Lozano, MICT’s chief operating officer, said.

Further, the Razon-led company said MICT’s efforts to minimize its environmental footprint have been recognized by the Asia-Pacific Economic Cooperation port services network with a green port status.

Recent initiatives include improved wastewater management, circular economy practices and biodiversity protection.

The CMA CGM Passion is also the largest capacity box ship handled by MICT to date.

With the capability to accommodate the largest vessels being cascaded to the Philippines, MICT is well-positioned to enhance the country’s foreign trade by promoting stronger trade connectivity and making the Port of Manila more globally competitive.

Headquartered in Singapore, CNC is a leading intra-Asia short-sea specialist and a fully integrated subsidiary of the CMA CGM Group.

Joining domestic ops

Meanwhile, the Maritime Industry Authority welcomed CMA CGM Group being the first foreign-owned shipping company in the Philippines, in a formal announcement by the shipping firm on Friday.

Under its flagship intra-Asia brand CNC, the CMA CGM Group launched the CMA CGM Philippines Shipping (CCPS) as the first 100 percent foreign-owned shipping company registered by the Securities and Exchange Commission that will provide domestic shipping service in the country.

The CNC Pilipinas, the first Philippine-flagged vessel in the CMA CGM fleet, can carry 1,037 TEUs and would serve weekly via Luzon Visayas Mindanao Express, with port rotation Manila-Cagayan de Oro-Cebu-Manila.

https://tribune.net.ph/2024/09/30/green-lng-powered-ship-docks-at-mict

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The Rovuma LNG Phase 1 project represents a significant development for the country and provides a significant opportunity for economic growth. The project includes liquefaction and export of natural gas extracted from the Offshore Area 4 fields off the Afungi Peninsula in Mozambique.

The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum. The scope of work also includes the engineering, procurement and construction proposal.

“LNG helps shape an entirely new era of energy solutions and McDermott plays a significant role in this global shift with more than 60 years of LNG experience,” said Rob Shaul, Senior Vice President of McDermott’s Low Carbon Solutions business.

“McDermott is well established in Mozambique and can apply this knowledge and experience to continue the country’s industrial, social and economic development.”

https://worldoil.com/news/2024/9/30/exxonmobil-to-enlist-mcdermott-for-feed-work-on-rovuma-lng-project-in-mozambique/

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The ceremony was attended, among others, by John Padgett, President of Princess Cruises, and Cristiano Bazzara, Director of the Fincantieri shipyard in Monfalcone. Godmothers of the ceremony Chiara del Vecchio, 3rd Engineer aboard the “Sun Princess”, and Francesca Maraventano, executive assistant at the Monfalcone shipyard.
 
With a gross tonnage of approximately 178,000 tons, “Star Princess” is the sister ship to “Sun Princess,” also built in Monfalcone and delivered earlier this year. It is the second-largest ship ever built in Italy and the second LNG-powered cruise ship Fincantieri is building for this ship owner. Additionally, it is the second dual-fuel ship, primarily powered by LNG, to join the Princess fleet. Liquefied natural gas is considered the most advanced, mature, scalable, and commercially viable fuel technology for the maritime industry. It is also recognized as one of the cleanest fossil fuels, as it reduces greenhouse gas emissions and mostly eliminates other airborne pollutants and particulate matter.
 
“Star Princess” is the second ship in Princess Cruises’ Sphere class, with delivery expected in fall 2025. The new vessel will accommodate approximately 4,300 passengers and is based on a next-generation platform design.
 
Princess Cruises is a globally leading cruise line operating a fleet of 17 modern ships, transporting millions of guests each year to 330 destinations worldwide.

https://en.portnews.ru/news/368400/

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The development comes on the heels of a crucial authorization from the U.S. Department of Energy (DOE) granted earlier this month. The authorization permits NFE to export up to 1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries from the Fast LNG 1 facility for a five-year term. Combined with a previous approval for Free Trade Agreement countries, the authorization enables NFE to supply LNG globally.

“Natural gas and power supply are critical components of a sustainable, affordable, and cleaner energy system and we’re excited to be able to provide our own gas supply to the world markets and our customers,” said Wes Edens, Chairman and CEO of New Fortress Energy.

Edens previously commented on the DOE authorization: “This important authorization cements NFE’s position as a leading global vertically integrated gas to power company and enhances the marketability of our FLNG 1 asset. NFE is now able to freely supply cheaper and cleaner natural gas to underserved markets across the world and further our goal of accelerating the world’s energy transition.”

The development positions New Fortress Energy as a key player in the global LNG market. The company’s proprietary Fast LNG design is the first of its kind, pairing the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities.

The Fast LNG 1 facility is the first of two FLNG production units that comprise NFE’s Fast LNG Altamira export project on Mexico’s east coast. The project is supplied with U.S. natural gas via the Sur de Texas-Tuxpan pipeline, which extends from US-Mexico border in Brownsville, Texas, to Tuxpan, Veracruz. As the facility uses natural gas sourced from the United States, LNG exports from this project require regulatory approvals from the U.S. DOE.

A ruling from earlier this year by the U.S. Customs and Border Protection permits the company to transport U.S.-sourced LNG produced at the facility using non-U.S. qualified vessels without violating the Jones Act. This ruling is significant because it allows NFE to sell and deliver LNG produced at the Fast LNG facility to U.S. locations—most notably Puerto Rico, a key market for the company.

https://gcaptain.com/new-fortress-energy-ships-first-full-cargo-from-mexicos-fast-lng-facility/

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The 7,327-TEU CMA CGM Passion operates under CNC’s KCS service, which offers direct sailings between South China and the Philippines. This weekly service connects key ports in China, Indonesia, and the Philippines, including Xingang, Dalian, Lianyungang, Qingdao, Singapore, Jakarta, Surabaya, and Manila. It also provides one of the fastest transit times from Qingdao to Singapore and Indonesia.

“This landmark call reinforces our efforts to reduce the environmental impact of MICT’s operations, which include investing in hybrid rubber-tired gantries that require less fuel and generate cleaner emissions. We hope to handle more green ships as the industry moves towards decarbonization,” said Christian Lozano, MICT chief operating officer.

MICT’s efforts to minimize its environmental footprint have been recognized by the Asia-Pacific Economic Cooperation Port Services Network with a green port status. Recent initiatives include improved wastewater management, circular economy practices, and biodiversity protection.

The CMA CGM Passion is also the largest capacity boxship handled by MICT to date. With the capability to accommodate the largest vessels being cascaded to the Philippines, MICT is well-positioned to enhance the country’s foreign trade by promoting stronger trade connectivity and making the Port of Manila more globally competitive.

https://www.ajot.com/news/manila-international-container-terminal-welcomes-first-green-ship

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The 7,327-TEU CMA GGM Passion vessel connects major ports across China, Indonesia, and the Philippines, offering direct weekly sailings between Xingang, Dalian, Qingdao, Singapore, Jakarta, and Manila. It is known for its fast transit time from Qingdao to Singapore/Indonesia.

“This landmark call reinforces our efforts to reduce the environmental impact of MICT’s operations, which include investing in hybrid rubber-tired gantries that require less fuel and generate cleaner emissions. We hope to handle more green ships as the industry moves towards decarbonization,” said Christian Lozano, MICT chief operating officer.

MICT’s environmental sustainability efforts have been recognized with “green port” status by the Asia-Pacific Economic Cooperation Port Services Network. These initiatives include improved wastewater management, circular economy practices, and biodiversity protection.

Additionally, CMA CGM Passion is the largest capacity container vessel ever handled by MICT. With the terminal’s ability to accommodate such large vessels, MICT is positioned to strengthen the Philippines’ foreign trade by promoting greater trade connectivity and enhancing the Port of Manila’s global competitiveness.

CNC, headquartered in Singapore, is a leading intra-Asia short-sea shipping specialist and a fully integrated subsidiary of the CMA CGM Group.

https://bilyonaryo.com/2024/09/30/landmark-docking-razons-ictsi-handles-largest-lng-powered-container-ship-in-the-philippines/infrastructure/

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The cargo was loaded onto the Energos Princess and is setting sail for Europe, according to New Fortress Energy.

Fast LNG, which New Fortress developed with Mexican state-owned utility CFE, first began production in July. The Altamira facility sources gas from the Sur de Texas-Tuxpan pipeline.

“This is a significant milestone for our Fast LNG installation. Natural gas and power supply are critical components of a sustainable, affordable, and cleaner energy system and we’re excited to be able to provide our own gas supply to the world markets and our customers,” New Fortress chief executive Wes Edens said in a statement.

https://www.upstreamonline.com/lng/us-player-ships-first-lng-cargo-from-offshore-facility/2-1-1717696

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