Out-of-fashion LNG now the favourite fuel for new containerships
LNG appeared briefly to go out of fashion last year after being slammed as a ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
Thanks to Splash247 for the best headline of the week so far. The Loadstar and many of our peers have written plenty of stories about cycles of international shipping, such as nascent, and not entirely unsuccessful, efforts the bring about the return of windpower, but no one ever postulated ditching the oil for coal, possibly the dirtiest of carbon fuels, which was the fuel for 19th century steam power. However, UK engineering firm Steamology, which has developed technology that generates steam “using energy stored as compressed hydrogen and oxygen gas in tanks. High pressure superheated steam is used to drive a turbine to do useful work by generating electricity. The hydrogen and oxygen used in this process are manufactured using renewable energy from PV solar, geothermal or wind turbines to power electrolysis to split water into hydrogen and oxygen gas, and to compress the gas into storage tanks.”
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