Tag: LNG
-
Innovative Partnership: Baker Hughes and Pelican State Pioneer New LNG Plant with Cutting-Edge Technology
Baker Hughes’ Solution Selected for Pelican State’s New LNG Plant The recent news title “Baker Hughes’ solution selected for Pelican State’s new LNG plant” reveals a pivotal collaboration between Baker Hughes and Pelican State, focusing on the development of a new LNG (liquefied natural gas) plant. This partnership involves Baker Hughes supplying advanced liquefaction solutions,…
-
Charting the Course: The Maritime Industry’s Transition to Alternative Fuels
The Maritime Industry’s Transition to Alternative Fuels The maritime industry is undergoing a significant transformation, with a growing emphasis on alternative fuels. This shift is driven by increasing orders for vessels powered by LNG, methanol, and ammonia, reflecting a commitment to decarbonization. The infrastructure supporting these alternative fuels is also developing, with LNG bunker vessels…
-
“Revolutionizing LNG: Baker Hughes and Argent LNG’s Louisiana Mega-Project”
Baker Hughes’ Solution for New LNG Plant Baker Hughes has been selected by Argent LNG to supply liquefaction solutions, power generation equipment, and gas compression systems for their proposed LNG export facility in Louisiana. This collaboration underscores Baker Hughes’ commitment to delivering advanced LNG solutions and its strategic importance in the energy transition. The project,…
-
CMA CGM’s $2.6 Billion Bet on LNG Dual-Fuel Containerships: A Giant Leap Towards Sustainable Shipping
CMA CGM’s Groundbreaking Order for LNG Dual-Fuel Containerships CMA CGM’s Order for LNG Dual-Fuel Containerships CMA CGM, the world’s third-largest container shipping company, has recently placed an order for a dozen liquefied natural gas (LNG) dual-fuel 18,000 TEU containerships. This significant order, valued at KRW 3.7 trillion (approximately $2.57 billion), marks a pivotal moment in…
-
Navigating Towards Zero-Emission Shipping: Strategies, Policies, and Challenges
The Transition to Zero-Emission Shipping: Policies and Challenges Introduction to GHG Levy and E-Fuel Subsidy The shipping industry is a critical component of global commerce, responsible for transporting approximately 80% of the world’s trade by volume. As the demand for shipping continues to grow, so does the industry’s carbon footprint, posing significant environmental challenges. To…