LR Advisory, Geogas Trading Improve Operationalization

Wind-Powered Fore-Accommodation Design for LNG Carriers Approved by LR

Lloyd’s Register has granted Design Appraisal to HD Hyundai Heavy Industries for its pioneering fore-accommodation LNG carrier design, incorporating Mitsui O.S.K. Lines’ Wind Challenger hard-sail system. This appraisal confirms compliance with LR’s Wind-Assisted Propulsion Systems standards, marking a significant step towards sustainable LNG transportation solutions. Key partners include HHI, MOL, and the Republic of the Marshall Islands Maritime Administrator.

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SGMF Publishes LCA On Methanol As Marine Fuel

SGMF Evaluates Methanol Production Pathways for Marine Fuel

The Society for Gas as a Marine Fuel (SGMF) has published a Life Cycle Assessment (LCA) on methanol as a marine fuel, highlighting its potential to reduce greenhouse gas emissions. Evaluating 15 production pathways, the assessment shows that renewable energy utilization can significantly lower emissions, emphasizing the importance of ongoing updates in alternative fuels research.

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Illustration shows map showing the Strait of Hormuz and 3D printed oil pipeline

Saudi Arabia Reroutes Crude Sales to Asia After East-West Pipeline Closure

Saudi Arabia is ramping up crude oil sales from alternative locations due to the East-West pipeline’s shutdown. This week, Saudi Aramco reportedly sold approximately 20 million barrels to Asian refiners. The pipeline closure highlights vulnerabilities in the global oil market, pushing the kingdom to revert to traditional, riskier shipping routes.

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