Sunday, March 29, 2020

Principle News

BV Appoves Cryo-Powered Regas System Design

(L to R): H.G. Son, DSME Tokyo Representative; Kazuo Yamashita, Country Chief Executive, Bureau Veritas Marine & Offshore, Japan; Yoshikazu Kawagoe, Senior Managing Executive Officer and Chief Technical Officer, Mitsui O.S.K. Lines; and Hiroyuki Nakano, Executive Officer, Energy Transport Business, Mitsui O.S.K.Lines  (Photo: BV)

Bureau Veritas Marine & Offshore (BV) has issued the first approval in principle for a new cold energy ‘Cryo-Powered’ regas system for use in FSRU applications.The approval has been issued to both Mitsui O.S.K. Lines, Ltd. (MOL) and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME). The ‘Cryo-Powered Regas’ system is a cold…

ABS Grants AIP to KHI's LPG System

Image: Kawasaki Heavy Industries

ABS, a global provider of classification and technical advisory services to the marine and offshore industries, has granted Approval in Principle (AIP) to Kawasaki Heavy Industries, Ltd. (KHI) for its LPG as Fuel system design.According to a press release, a dual-fuel engine capable of using both marine diesel oil and LPG as fuel…

KN Bags $148Mn Loan for its LNG Terminal

Image: Klaipedos Nafta

The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB 'Klaipedos Nafta' (KN) have signed a EUR 134.1 million (USD 148 million) loan agreement to optimize costs of LNG terminal.The 25-year maturity loan will be directed to finance the rent payable for the Floating Storage and Regasification…

WindFloat Atlantic Platform Heads Offshore

Image: EDP

The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform, which has the exact same dimensions: 30 meters in height and with a 50-meter distance between each column.

Cable Protection System for WindFloat Atlantic Project

Photo: First Subsea

First Subsea has delivered a beach landing Cable Protection System for the export cables on the 25MW WindFloat Atlantic project.The project is located 20 kilometers off the coast of Viana do Castelo in Portugal.Hengtong Group was contracted through its Submarine Business Units to deliver the export cable for the beach export system…

World’s Biggest Floating Wind Turbine Readies

Image: ABS

The largest floating wind turbine in the world, an 8.4-megawatt (MW) ABS-classed offshore wind turbine, is about to be installed.ABS has classed the semi-submersible floating wind turbine is the first of three classed by ABS and designed by Principle Power housing MHI Vestas turbines that will make up for a total of 25 MWs of floating offshore wind power.

Ulstein Pushes Offshore Wind Vessels Segment

Image: Ulstein

Norway's Ulstein Group is aiming to become a leading player in the growing offshore wind industry designing and building vessels for some of the world’s toughest areas and demanding operations."The knowledge of how to integrate technical, operational and commercial aspects in a vessel design is paramount when contributing to the LCOE (Levelised Cost Of Energy) reduction in future offshore wind projects…

First WindFloat Atlantic Unit Sets Sail

Image: Repsol

The first of the three floating platforms for the 25-MW WindFloat Atlantic project has sailed from Spain carrying a fully installed turbine to a location 20 kilometers (12.43 miles) off the coast of Viana do Castelo, Portugal.Once at the final location, the three floating structures – stretching 30 meters in height and with a distance…

Kawasaki Wins AiP for LNG Floating Power Plant

Shigeru Murayama, Kawasaki (right) and Stian Erik Sollied, DNV GL (left), at Kawasaki Kobe Works. Photo: Kawasaki Heavy Industries

Japanese manufacturer of transportation equipment and machinery announced that it has obtained Approval in Principle (AiP) for its liquefied natural gas (LNG) floating power plant equipped with its own gas turbine (combined cycle power plant (CCPP) model).This approval was obtained from world-leading ship classification organization DNV GL based on its latest “Gas Power Plant” rules…

MOL Gets AIP for Wind Challenger Design

Image: MOL

Japan’s shipping major Mitsui O.S.K. Lines and Oshima Shipbuilding have jointly obtained Approval in Principle (AIP) from Nippon Kaiji Kyokai  (ClassNK) for the design of a hard sail system.The system converts wind energy to propulsive force with telescopic hard sail, and is a fundamental technology of the "Wind Challenger Project"…

Bloom Energy, Samsung to Design Electric Ships

 Image: Bloom Energy

California-based Bloom Energy, the provider of stationary fuel cells, has announced a collaboration with South Korean shipbuilder Samsung Heavy Industries (SHI), to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology.SHI aims to be the first shipbuilder to deliver a large cargo ship for ocean operation powered by fuel cells running on natural gas.

Tax Breaks Approved for Russia's Largest Oilfield

(Photo: Gazprom Neft)

Russia's finance ministry has in principle approved tax breaks for developing the Priobskoye oilfield, Russia's largest, to oil giants Rosneft and Gazprom Neft, Alexei Sazanov, head of the ministry's tax department said on Thursday.He added that tax breaks for the oil companies could last for 10 years but no start date had yet been agreed.Sazanov told reporters Russia's budget should be compensated for reve

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Renderings of a bulk carrier for the transportation of liquefied hydrogen by Moss Maritime, Wilhelmsen Ship Management, Equinor, and DNV-GL. Photo credit: Moss Maritime.

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry. With the allure of a zero emissions fuel, a number of ship owners are starting to seriously consider hydrogen for newly built vessels.

SCF Celebrates the Day of Russian Sea

Photo: SCF Press Service

Russian maritime shipping company specializing in petroleum and LNG shipping, PAO Sovcomflot (SCF Group) held a traditional meeting of the company’s management with masters of Sovcomflot vessels on the eve of Russia’s Day of Marine and River Fleet Workers, celebrated on the first Sunday of July.The state-owned corporation said in a press note that in the lead-up to this day, Russian Ministry of Transport ha

KHI Wins AiP from DNV GL for LFPP

Johan Petter Tutturen, Business Director Gas Carriers, DNV GL (right), handed over the AIP to Mr. Yoshinori Mochida, President, KHI Ship & Offshore Structure Company. Photo: DNV GL

The international accredited registrar and classification society DNV GL has awarded the Japanese multinational corporation Kawasaki Heavy Industries (KHI) an Approval in Principle (AIP) for their LNG floating power plant (LFPP).The classification body said in a press release that the LFPP is a decentralized energy generation solution…

Efficient Wave-Generated Power … Really!

SurfWec Artist Concept. Images Courtesy:  SurfWEC LLC.

Wave-generated power could be considered the Rodney Dangerfield of offshore renewable energy sources; it gets no respect. There have been a number of high-profile, expensive failures that have conspired to give the sector a poor reputation despite a number of engineering advances. A new entrant is SurfWEC offering a patented “surf-making” Wave Energy Converter which has been in development since 2007.

Transition to a Hydrogen Future Has Begun

There is a growing international consensus that clean hydrogen will play a key role in the world’s transition to a sustainable energy future. Photograph: IEA/ Shutterstock

There is a growing international consensus that clean hydrogen will play a key role in the world’s transition to a sustainable energy future, said  Noé van Hulst, who chairs the High-Level Advisory Panel for the International Energy Agency (IEA)’s forthcoming hydrogen study.Hulst, the Hydrogen Envoy for the Ministry of Economic Affairs & Climate Policy…

Svitzer: 5 year Contract with Oil Refinery

Svitzer Caribbean Dominicana won a 5-year contract with Limetree Bay Refining, LLC, commencing June 15, 2019.The company expands its market coverage providing tugboat services to some of the key oil refineries and terminals in the region – South Riding Point Terminal in Bahamas, Nustar Terminal in Statia, Buckeye Terminal in St. Lucia and now Limetree Bay Refining in St.

IMO 2020: Shell, HES to Resurrect Refinery

Royal Dutch Shell has struck a deal with Dutch tank terminal firm HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, two trading sources told Reuters.A new cap set by the International Maritime Organization (IMO) that will cut the sulfur content in…

Ecoslops and Suez Canal Economic Zone Ink Second Agreement

Image: Ecoslops

Ecoslops, the producer of recycled marine fuels from oil residues, and Suez Canal Economic Zone signed a new agreement, further to the signature of an agreement for a detailed feasibility study in January 2018.A press release said that the firms take another step towards the implementation of a collection, reception and treatment unit of maritime oil wastes…