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GLOBAL VANGUARD Owner, Manager, Shipyard
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem, with AVANGRID serving as the port’s anchor tenant through its Commonwealth Wind and Park City Wind projects.The terminal will be a logistics and operations center for turbine pre-assembly, transportation, staging activities and storage of assembly components. Crowley Wind Services, the company’s business unit dedicated to helping develop clean wind energy resources, will operate the terminal.
Cargill seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior executive of the global commodities trader said on Wednesday.One of the world's biggest ship charterers, Cargill has been testing the operational performance of biofuels in its vessels since the start of the year as it steps up efforts to go green. The trial aims to boost vessels' use of biofuels to 50,000 tonnes by mid- or end-2023, up from 12,000 tonnes since January, the firm's marine fuels lead, Olivier Josse
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian President Vladimir Putin signed a decree in June taking charge of the LNG project, creating a new legal entity to deal with buyers and shareholders. MOL's move comes after Japanese utilities, such as JERA and Tokyo Gas, signed deals with the new Russian operator to maintain long-term deliveries of LNG and Japanese trading houses Mitsui & Co and Mitsubishi Corp were approved by Russia to take a stake in the new operator.
Germany's BKA federal police assumes explosions in the Nord Stream pipelines last week were "a targeted act of sabotage" and said it is probable that state actors were involved, the Spiegel weekly reported, citing a letter to industry representatives. The BKA said in the letter that it did not yet have any findings about who was behind the sabotage but "against the background of the high complexity of the execution of the act and corresponding preparation, the action of state actors seems probable", Spiegel reported.The BKA was not immediately available for comment.
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine, Europe in particular has become a prime market for the seaborne fuel, where massive amounts are being bought to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports.Analysts estimate Europe will need to import around 200 million tonnes of LNG over the next decade to phase out Russian gas.