LPG

Dimeta and Enerkem Collaborate on Large Scale Waste-to-DME Projects in Europe and the USA

Retrieved on: 
Tuesday, July 25, 2023

DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.

Key Points: 
  • DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.
  • In addition to its commercial demonstration scale facility in operation in Alberta, Canada, Enerkem is currently involved in the development and building of new commercial scale waste-to-methanol facilities in both Canada and Europe.
  • The projects with Enerkem are a key part of achieving Dimeta's goal of creating over 300,000 tonnes of sustainable DME production capacity by 2027.
  • "We are excited to collaborate with Enerkem to transform large volumes of non-recyclable waste into renewable & recycled carbon DME on a global scale.

Building Information Modeling Software Market to grow at a CAGR of 19.61% from 2022 to 2027|ABB Ltd., ACCA software Spa, AECOM, Asite Solutions Ltd., and more to emerge as key players- Technavio

Retrieved on: 
Friday, July 21, 2023

To understand more about the building information modeling software market, request a sample report

Key Points: 
  • To understand more about the building information modeling software market, request a sample report
    Key Drivers- The increasing requirements for large-scale project management is one of the key drivers supporting the building information modeling software market growth.
  • Major Trends- The growth of 5D BIM is one of the major building information modeling software market trends.
  • Significant Challenges- High implementation and operating costs are the significant challenges impeding the building information modeling software market growth.
  • These software packages are presented with numerous modules that can be utilized for different applications in the BIM software market.

Toro Corp. Announces the Delivery of its third LPG Carrier Dream Syrax and the Completion of the Sale of M/T Wonder Avior

Retrieved on: 
Wednesday, July 19, 2023

LIMASSOL, Cyprus, July 19, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on July 17, 2023 the Company completed the previously announced sale of M/T Wonder Avior, a 2004-built Aframax/LR2 tanker, at a price of $30.1 million, by delivering the vessel to its new owner.

Key Points: 
  • LIMASSOL, Cyprus, July 19, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on July 17, 2023 the Company completed the previously announced sale of M/T Wonder Avior, a 2004-built Aframax/LR2 tanker, at a price of $30.1 million, by delivering the vessel to its new owner.
  • The Company expects to record during the third quarter of 2023 a net gain of $18.6 million, excluding any transaction-related costs.
  • In addition, on July 18, 2023, the Company took delivery of the 2015 eco design Japanese-built 5,000 cbm LPG carrier Dream Syrax, which it had agreed to acquire, as previously announced, on April 27, 2023.
  • The acquisition price of $16.95 million was financed in its entirety with cash on hand.

VelocityEHS Global ESG Solution Wins Product of the Year Award from Environment + Energy Leader

Retrieved on: 
Tuesday, July 11, 2023

CHICAGO, July 11, 2023 (GLOBE NEWSWIRE) -- VelocityEHS®, the global leader in enterprise EHS & ESG software solutions, today announced that its ESG Solution was named a Product of the Year by Environment + Energy Leader (E+E Leader).

Key Points: 
  • CHICAGO, July 11, 2023 (GLOBE NEWSWIRE) -- VelocityEHS®, the global leader in enterprise EHS & ESG software solutions, today announced that its ESG Solution was named a Product of the Year by Environment + Energy Leader (E+E Leader).
  • The ESG Solution, part of the VelocityEHS Accelerate® Platform, empowers global enterprises to plan, build, and optimize their ESG programs and develop sustainable business strategies by streamlining data collection and reporting.
  • “This year’s entrants had to surpass an exceptionally high bar to qualify for an award,” said Co-President of E+E Leader Sarah Roberts.
  • The distinguished panel of judges recognized the VelocityEHS solution for its outstanding contributions to ESG reporting.

CIMC 2022 AGM: Container demand stabilizes and rebounds, Energy new orders surge

Retrieved on: 
Friday, July 7, 2023

Additionally, the energy sector has experienced a surge in new orders, particularly for clean energy equipment, with the offshore engineering business boasting a full order book and rapid capacity expansion.

Key Points: 
  • Additionally, the energy sector has experienced a surge in new orders, particularly for clean energy equipment, with the offshore engineering business boasting a full order book and rapid capacity expansion.
  • As a leading enterprise in the container industry, CIMC always keeps a close eye on this trend and is constantly conducting research.
  • Benefiting from the growth of the electrochemical energy storage market, CIMC's container energy storage business continued to develop rapidly in 2022, reaching new revenue highs.
  • Moreover, CIMC Group has actively entered overseas markets in the energy storage sector and established a strategic joint venture with POWIN Energy, a leading international energy storage integrator and manufacturer.

India Cookware and Serveware Market Report 2023: Size, Industry, Trends, Growth, Revenue, Analysis, Forecasts, Outlook 2017-2027F - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 20, 2023

India Cookware Market is projected to grow at a CAGR of 6.0% during 2021-2027F.

Key Points: 
  • India Cookware Market is projected to grow at a CAGR of 6.0% during 2021-2027F.
  • The rising population in the country and faster urbanization are the two major factors driving the India Cookware Market growth at a faster pace.
  • Pans cookware segment acquired the majority revenues of the Cookware and Serveware Market in India in the recent past.
  • Historical Data and Forecast of India Cookware and Serveware Market Revenues, for the Period 2017-2027F
    Historical Data and Forecast of India Cookware Market Revenues, By Material Types, for the Period 2017-2027F
    Historical Data and Forecast of India Cookware Market Revenues, By Product Types, for the Period 2017-2027F
    Historical Data and Forecast of India Cookware Market Revenues, By Applications, for the Period 2017-2027F
    Historical Data and Forecast of India Cookware Market Revenues, By Distribution Channels, for the Period 2017-2027F
    Historical Data and Forecast of India Cookware Market Revenues, By Regions, for the Period 2017-2027F
    Historical Data and Forecast of India Serveware Market Revenues, By Material Types, for the Period 2017-2027F
    Historical Data and Forecast of India Serveware Market Revenues, By Product Types, for the Period 2017-2027F
    Historical Data and Forecast of India Serveware Market Revenues, By Applications, for the Period 2017-2027F
    Historical Data and Forecast of India Serveware Market Revenues, By Distribution Channels, for the Period 2017-2027F
    Historical Data and Forecast of India Serveware Market Revenues, By Regions, for the Period 2017-2027F
    India Cookware and Serveware Market Revenue Share, By Market Players

Toro Corp. Announces the Delivery of its second LPG Carrier Dream Arrax

Retrieved on: 
Thursday, June 15, 2023

LIMASSOL, Cyprus, June 15, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on June 14, 2023, the Company took delivery of the 2015 eco design Japanese-built 5,000 cbm LPG carrier Dream Arrax, which it had agreed to acquire, as previously announced, on April 27, 2023.

Key Points: 
  • LIMASSOL, Cyprus, June 15, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on June 14, 2023, the Company took delivery of the 2015 eco design Japanese-built 5,000 cbm LPG carrier Dream Arrax, which it had agreed to acquire, as previously announced, on April 27, 2023.
  • The acquisition price of $16.95 million was financed in its entirety with cash on hand.

The Spark+ Africa Fund Provides US $3.5 Million in Carbon Finance to TASC for the Distribution of 90,000 Cookstoves in Zambia

Retrieved on: 
Monday, June 12, 2023

LUXEMBOURG, June 12, 2023 /PRNewswire-PRWeb/ -- The Spark+ Africa Fund ("Spark+" or the "Fund") has provided US $3.5 million in long-term carbon project financing to a Mauritius-based subsidiary of TASC (the "Company"). It is the Fund's sixth transaction since it launched in March 2022.

Key Points: 
  • Spark+'s subsidiary TASC will distribute clean cookstoves to households in rural Zambia through a long-term carbon financing.
  • LUXEMBOURG, June 12, 2023 /PRNewswire-PRWeb/ -- The Spark+ Africa Fund ("Spark+" or the "Fund") has provided US $3.5 million in long-term carbon project financing to a Mauritius-based subsidiary of TASC (the "Company").
  • The project finance debt will enable TASC to distribute 90,000 wood cookstoves to bottom of the pyramid households in rural Zambia who are otherwise unable to afford high-quality improved cookstoves.
  • Alick McIntosh, Chief Executive Officer, TASC: "TASC prides itself on implementing high-quality carbon projects with a focus on integrity and transparency.

Navigator Holdings Ltd. CEO, Mads Peter Zacho, Discusses Business – Capital Allocation Strategy & LPG Sector Outlook

Retrieved on: 
Wednesday, June 7, 2023

NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- With the occasion of the recently announced financial and operational results of Q1 2023, Mr. Mads Peter Zacho, Chief Executive Officer of Navigator Holdings Ltd., (NYSE: NVGS), participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, President of Capital Link.

Key Points: 
  • NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- With the occasion of the recently announced financial and operational results of Q1 2023, Mr. Mads Peter Zacho, Chief Executive Officer of Navigator Holdings Ltd., (NYSE: NVGS), participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, President of Capital Link.
  • In this Podcast Series, company management discusses and comments on recent news and announcements.
  • During the interview, Mr. Zacho discussed Navigator Holdings business, chartering, and capital allocation strategies, as well as the current market conditions and the LPG, ammonia, and ethylene markets outlook.
  • The order book, the impact of supply and demand balance, and the impact on the fleet from environmental regulations @ 32:36

Vision Energy Concludes Pre-FEED Study

Retrieved on: 
Monday, June 5, 2023

JERSEY CITY, N.J., June 05, 2023 (GLOBE NEWSWIRE) -- Vision Energy Corporation (OTC:VENG) (“Vision Energy” or the “Company”) is pleased to announce it has concluded the pre-FEED study for all Phase 1 Green Ammonia infrastructure at its Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands.

Key Points: 
  • JERSEY CITY, N.J., June 05, 2023 (GLOBE NEWSWIRE) -- Vision Energy Corporation (OTC:VENG) (“Vision Energy” or the “Company”) is pleased to announce it has concluded the pre-FEED study for all Phase 1 Green Ammonia infrastructure at its Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands.
  • In November 2022, the Company’s wholly owned subsidiary Evolution Terminals BV, engaged Linde Engineering GmbH to undertake a pre-FEED study with the objective to define the engineering basis for the project and to form the design concepts for the next development phase.
  • Technical feasibility has been proven and risks and their mitigation strategies and procedures are mapped.
  • The engineering scope of pre-FEED covered the following main project elements:
    Storage Tanks for (Green) Ammonia (“NH3”), with LPG dual-use compatibility.