US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Maran Tankers Management, the oil tanker unit of Greece’s Angelicoussis Shipping Group, has taken delivery of another LNG dual-fuel Suezmax oil tanker in China.
France's CMA CGM and Denmark's Maersk are looking to order ultra-large LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.
UK-based small-scale player Avenir LNG has signed a framework fuel supply agreement with Danish shipping giant Maersk to supply bio-LNG to the latter's dual-fueled vessels.