MOL and JERA sign agreements for large-scale ammonia transport

 
An MOL-owned VLGCMOL
 22 Dec 2025, 10:08 am

Japanese shipping group Mitsui OSK Lines (MOL) has signed two heads of agreements with energy company JERA for the time charter of two very large gas carriers (VLGC) dedicated to ammonia transport.

These vessels will transport “low-carbon” ammonia from the Blue Point Complex in Louisiana to the Hekinan Thermal Power Station in Aichi Prefecture.

 

MOL noted that this project represents Japan's first initiative for large-scale, “low-carbon” ammonia transport.

The agreement follows discussions between the two companies that began in November 2022 regarding collaboration in the fuel ammonia sector. The project aims to establish a commercial-scale value chain for “low-carbon” ammonia.

According to MOL, ammonia is projected to see significant demand as a fuel for power plants, ships, and

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Mercados globales: libra cae con inflación en Reino Unido y petróleo sube por bloqueo a Venezuela

 

 

 

 

Los mercados internacionales cerraron con señales mixtas, con la libra esterlina presionada por una sorpresa inflacionaria en el Reino Unido, mientras que el petróleo subió ante el bloqueo a Venezuela. En Wall Street, los principales índices finalizaron dispares, con las acciones del sector salud y energía pesando sobre el S&P 500, en un contexto en el que las medidas de liquidez de la Reserva Federal ayudaron a calmar el nerviosismo por la financiación de fin de año.

La libra esterlina se asusta por la sorpresa de la inflación en el Reino Unido, el petróleo sube por el bloqueo a Venezuela

La libra esterlina se desplomó el miércoles debido a que los débiles datos de inflación consolidaron las apuestas de un recorte

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Low-Emission Cement Carrying Vessel to be Dual-Fuel Methanol

 

 

 

marine link

December 11, 2025

The new methanol-powered cement carrier is designed to cut emissions by 80%, according to Heidelberg Materials. Image courtesy Heidelberg Materials

Heidelberg Materials Northern Europe has taken a decisive step toward low-emission coastal logistics with the development of a next-generation methanol-powered cement carrier, an 80% emissions-cutting vessel that could redefine short-sea bulk operations in Scandinavia. 

Planned to enter service in early 2028, the newbuild is the product of a multi-stakeholder public-private partnership involving the Hartmann Group, the Green Shipping Programme (GSP) and the Norwegian NOx Fund, all working toward one objective: scaling practical decarbonization in everyday maritime trades.

For Heidelberg Materials, one of Europe’s largest suppliers of cement and aggregates, the vessel marks a shift in strategy. As cement production becomes cleaner through carbon-capture technologies

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Green light for $1.8 billion oil redevelopment in Norwegian waters

 

 

 

EXPLORATION & PRODUCTION

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway. 

 
 
PPF; Source: ConocoPhillips

In an attempt to strengthen production life of the Greater Ekofisk Area, the joint venture partners took a final investment decision (FID) for the Previously Produced Fields (PPF) redevelopment project, which is anticipated to add high value barrels from 2028 onward. 

The project, operated by ConocoPhillips Skandinavia, is a joint redevelopment of the three previously produced fields, Albuskjell and Vest Ekofisk in licenses PL018B/F

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MO Strategy: Maritime Industry's Path to Net-Zero 2050

 

 

 

IMO

Reducing Shipping Emissions Through Innovation and Collaboration

The International Maritime Organization (IMO) plays a critical role in global efforts to combat climate change by addressing greenhouse gas (GHG) emissions from the shipping industry. Aligned with the United Nations Sustainable Development Goal 13 and the 2015 Paris Agreement, the IMO’s mission is to reduce GHG emissions that contribute to global warming. This blog explores the IMO’s ongoing initiatives, achievements, and plans to mitigate emissions from international shipping, driving the transition to a sustainable and low-carbon future.

A Decade of Regulatory Action: Energy Efficiency Measures

On July 15, 2011, the IMO implemented the first-ever international mandatory measures aimed at improving the energy efficiency of ships. These measures set the foundation for a series of additional regulatory

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