Japan’s Methane Slip Project Achieves 98% Reduction in LNG Vessel Trials
Mitsui O.S.K. Lines (MOL), Kanadevia Corporation, and Yanmar Power Solutions have achieved a 98% methane slip reduction rate in onboard trials of LNG-fueled vessels, exceeding their initial target of 70%.The trials are part of the Green Innovation Fund Project ‘Development of Next-Generation Vessels’ led by Japan’s New Energy and Industrial Technology Development Organization (NEDO).The project, which runs from fiscal 2021 through 2026…
MOL Finds Local Partners to Advance Ammonia Bunkering Ops in Australia
Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Australian companies NH3 Clean Energy (NH3) and Oceania Marine Energy to advance development of clean ammonia bunkering operations in the Pilbara region of Western Australia.The MoU aims to establish collaboration with NH3 and Oceania on the Pilbara Clean Fuels Bunkering Hub initiative, which is Australia's first ammonia…
AKOFS Offshore Inks $246M Vessel Deal with Petrobras
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras in Brazil under a new contract.The contract has a duration of four years…
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