London, July 09, 2025 (Oilandgaspress) –-The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. . Read More
Alpine will return to the Goodwood Festival of Speed with a sensational line-up including the world dynamic debut of the Alpine A290 Rallye, plus UK dynamic debuts of the Alpenglow Hy6 fitted with a V6 hydrogen engine, the phenomenal A110 R Ultime and the soon-to-launch A390 sport fastback. The event will form part of the renowned French sports car maker’s 70th anniversary celebrations. Also set to wow Goodwood visitors from July 10-13 are the BWT Alpine Formula One team, which will run up the hill each day, plus the all-electric A290, which scooped the European Car of the Year 2025 title earlier this year, and the much-awarded A110, which is set to enjoy a final hurrah before going out of production next year.
Taking centre stage as it makes its dynamic debut will be the Alpine A290 Rallye, a competition-modified version of the 2025 Car of the Year. Featuring a full safety cage and a raft of competition-bred enhancements, including a ZF limited slip differential, plus upgraded suspension, brakes and running gear, the car is making its dynamic debut on the Goodwood hill.
It was first unveiled in the service area at the Rallye du Rouergue just last week, having been dressed in a sporting livery by the Alpine design team, with the car’s white wheels and dynamic colour scheme conceived to convey the car’s competition intent by racing design chief Raphael Linari. “This is an Alpine A290 in sporting clothes,” said Linari. “The look has been designed to convey lightness, simplicity and efficiency.”
Woodside Energy has signed a non-binding memorandum of understanding (MOU) with Hyundai Engineering and Hyundai Glovis , establishing a strategic framework to collaborate on LNG project development, engineering services and shipping logistics.The MOU will see the parties focus on advancing execution capability and extending their reach into priority LNG markets.
Woodside Executive Vice President and Chief Commercial Officer Mark Abbotsford welcomed the MOU. “Woodside is pleased to be deepening our longstanding relationship with Hyundai through this agreement. We are confident the synergies and complementary strengths of our organisations will support the delivery of highquality LNG solutions to meet growing global demand.”
Hyundai Engineering Chief Operating Officer Myoung-Kun Son said the company was delighted with the collaboration. “This agreement allows Hyundai Engineering to broaden our global LNG experience by working alongside a world-class LNG developer. We are confident in our ability to add value across the full engineering spectrum and deliver integrated solutions for Woodside projects.”
Hyundai Glovis Head of Logistics Business Division Taewoo Kim shared Mr Son’s enthusiasm. “We are proud to partner with Woodside to explore long-term maritime solutions that support reliable LNG supply. Our global shipping footprint and expertise make us well-positioned to contribute to this strategic collaboration.” The combination of Woodside’s success in LNG development, Hyundai Engineering’s extensive engineering, procurement and construction experience, and Hyundai Glovis’s global shipping reach positions the parties to respond to growing LNG demand across Asia-Pacific markets and selected new regions.
Hess to exit Suriname offshore oil block Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the national oil firm Staatsolie. Hess fulfilled its minimum exploration obligations but opted not to advance to the next phase when the deadline passed on July?8,?2025. Earlier, ExxonMobil and Equinor abandoned their stakes in the block, citing high drilling risks in the deepwater wildcat zone, and Hess was unable to secure new partners.
Located in northwest Suriname, Block?59 spans approximately 4,400?km² with water depths between 2,700 and 3,500?m. Initial seismic studies were conducted by the previous partners, but costly drilling challenges have stalled progress. With the block returned, Staatsolie intends to incorporate the area back into its offshore contracting strategy, which already covers nearly 50% of Suriname’s maritime territory.
Ecopetrol buys wind power project from Enel Ecopetrol SA completed the acquisition of the entity holding the 205-MW Windpeshi wind power project, located in the department of La Guajira, from Enel SAS.
Ecopetrol acquires suspended 205-MW wind project in Colombia
Ecopetrol’s board approved the deal in December 2024, the company said on Monday. The purchase has now been finalised following receipt of regulatory and anti-trust authorisations.
Ecopetrol plans to restart construction of the project by the end of the year and targets start-up before 2028. The project has faced significant delays due to community protests and road blockades, leading Enel to suspend construction in May 2023. Ecopetrol intends to engage with ancestral authorities and leaders of the Wayuu indigenous communities in the area of the development.
Daimler Truck Group sold 106,715 trucks and buses (Q2 2024: 112,195) in the second quarter of 2025. The Trucks North America segment accounted for 38,580 units in the Group’s total sales (Q2 2024: 48,246). Mercedes-Benz Trucks sold 38,294 units (Q2 2024: 38,481). An increase of unit sales by 13% to 26,443 (Q2 2024: 23,411) was reported by the segment Trucks Asia. Daimler Buses increased its sales volume to 7,027 units (Q2 2024: 6,674). In the first half of the year, Daimler Truck sold 206,527 vehicles (1. HY 2024: 221,106 units).
Unit Sales – Group and segment level
As of January 1, 2025, Daimler Truck integrated its businesses in China and India into the Mercedes-Benz Trucks segment. The presentation of the adjusted prior-year comparison is based on the new segment composition.
| Unit Sales | Q2/2025 | Q2/2024 | + / – |
| Trucks North America | 38,580 | 48,246 | -20% |
| Mercedes-Benz Trucks | 38,294 | 38,481 | -0% |
| Trucks Asia | 26,443 | 23,411 | +13% |
| Daimler Buses | 7,027 | 6,674 | +5% |
| Daimler Truck Group* | 106,715 | 112,195 | -5% |
| thereof battery-electric vehicles | 1,232 | 648 | +90% |
At its Q2 disclosure on August 1st, Daimler Truck will report in detail on financial and non-financial key figures of the second quarter and first half year of 2025 at Group and segment level.
Red Dot Award for Product Design 2025 The Rimac Nevera R, which evolves the groundbreaking Nevera from Hyper GT to Hyper Sportscar, has been awarded a coveted Red Dot Award for Product Design 2025. The international jury selected the Nevera R from numerous global submissions, recognizing its outstanding quality and design.
Embodying Rimac Automobili’s philosophy of being Radical, Rebellious, and Relentless, the Nevera R’s appearance is a visual statement of the engineering changes and updated technology underneath, creating a more powerful and more focused member of the Nevera family.
The Nevera R’s design, spearheaded by Lead Exterior Designer Facundo Elias, features a striking aesthetic of a silk dress that elegantly flows over the body while still exposing functional areas, which now feature a more performance-oriented visual language. The car’s distinctive front especially highlights the aesthetic exterior by the interplay of sculpture and technical design cues, giving it an aggressive expression that reflects Nevera R’s personality.
Aerodynamic enhancements, including the large fixed rear wing and aggressive diffuser, increase downforce by 15% and improve aerodynamic efficiency by 10%. With new Michelin Cup 2 tires, total understeer is reduced by 10%, lateral grip is up by 5%, and the lap time around the Nardo Handling Track is reduced by 3.8 seconds. The car’s forward-thrusting stance is accentuated by 21-inch rear wheels and 20-inch front wheels, featuring a new design new design that visually enhances the length perception of the spokes to make the wheel appear as large as possible.
The Nevera R’s performance matches its award-winning design, with 2,107hp, an advanced next-generation Rimac All-Wheel Torque Vectoring system, and a tuned 108kWh battery pack. It accelerates from 0-300 km/h (186 mph) in just 8.66 seconds.
Tata Motors Group global wholesales at 2,99,664 in Q1 FY26 The Tata Motors Group global wholesales in Q1 FY26, including Jaguar Land Rover** were at 2,99,664 nos., lower by 9%, as compared to Q1 FY25.
Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q1 FY26 were at 87,569 nos., lower by 6%, over Q1 FY25.
Global wholesales of Tata Motors passenger vehicles* in Q1 FY26 were at 1,24,809 nos., lower by 10% as compared to Q1 FY25.
Global wholesales for Jaguar Land Rover** were 87,286 vehicles, lower by 11% as compared to Q1 FY25. Jaguar wholesales for the quarter were 2,339 vehicles, while Land Rover wholesales for the quarter were 84,947 vehicles.
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $68.33 | Up |
| Crude Oil (Brent) | USD/bbl | $70.15 | Up |
| Bonny Light 07/07/25 CBN | USD/bbl | $72.68 | — |
| Dubai | USD/bbl | $70.33 | Up |
| Natural Gas | USD/MMBtu | $3.29 | Down |
| Murban | USD/bbl | $71.46 | Up |
| OPEC basket 08/07/25 | USD/bbl | $70.87 | Up |
Bentley Motors presents its latest luxury vision concept inside its brand-new design studio, which also officially opens its doors for the first time this week. EXP 15 represents Bentley’s design vision for the future, by taking inspiration from its early 20th century Grand Tourer heritage and interpreting it in a thoroughly modern 21st century way.
Accordingly, the five-metre-plus full-size physical exterior model has an iconic upright grille, long ‘endless’ bonnet and rearward cabin reminiscent of the 1930 Bentley Speed Six Gurney Nutting Sportsman coupe, often known as the “Blue Train”. This famous Bentley from history is associated with a race between Woolf Barnato – then company chairman and renowned “Bentley Boy” – and a luxury express train (Le Train Bleu) from Cannes in the south of France to Calais in the north, arriving in London before the train had even got to Calais. But in combination with ultra-modern exterior surfacing, high-tech lighting details and active aerodynamic elements, the 2025 concept roots itself firmly in the now and future. While not intended for production or indeed sale, EXP 15 also provides hints to the design of future Bentleys including the brand’s first fully electric car due soon.
Within its cabin, the design approach is just as forward-thinking. Created using virtual reality (VR) software to enable customers to see and experience a wider variety of possible configurations, it mixes familiar contemporary physical car interior features like luxury seating, wing-shaped dashboard, steering wheel, dials and switches with spellbindingly futuristic digital elements that can be brought to the fore or melt away into the background as driver mood or functional need requires.
The package is unusual for featuring three seats and three doors – rather than four or five of both – to afford greater luxury in transit for the special few and includes innovative in-cabin storage for treasured pets and/or hand luggage as well. When stationary even the boot space can take on a dual role as upmarket picnic seating.
Château Saint Jean in Molsheim has represented the home of Bugatti since the 1920s Now, entering the new era of Bugatti with the Tourbillon¹ hypercar, a new world-class production facility in the Château grounds is set to take up the mantle, as the next generation of the brand’s Atelier starts to move from concept to reality.
Remaining true to the natural charm of its surrounding environment, the new Bugatti Atelier is a structure that takes a contemporary twist on the elegance that first drew Ettore to the site. Walking towards the meadowland at the forefront of the Château site, the low and expansive design appears to gradually rise from it, with the design going above and beyond mandated requirements for integration into the surrounding environment. Its foremost sloping side brings the wild grass with it, going on to cover 30% of the structure’s roof.
The building is defined by an elegant contrast between discreetly dark walls and bright glass. A marvel of modern architecture 132 meters long and 25 meters wide, it belies its own scale with the intelligent approach to design synonymous with Bugatti vehicles. Expansive windows come together to form a wall of glass 5 meters high on the building’s eastern flank – opening the large space up to the morning light, and bringing the vista of the outside wilderness to Bugatti’s craftspeople as they work. Wide skylights punctuate the ceiling throughout the production space, bringing the glow of daylight into the bright hall through the course of the day.
The new Atelier’s modernity goes beyond skin-deep, however, with its intelligent layout delivering new levels of efficiency. Delivering double the production capacity of the existing Atelier, the larger floorspace and its upgraded facilities enable Bugatti to introduce a new generation of manufacturing equipment and workflow design, bringing more capabilities in-house. From the first assembly of vehicle sub-components, to the creation of the rolling chassis and facilitating its marriage to the bodywork, the building makes the process of bringing a Bugatti to life more efficient than at any other point in its 116-year history.
Volkswagen celebrates its commitment to America Volkswagen of America, Inc. today debuted its newest brand campaign, “Proudly Assembled in Chattanooga.” This is a heartfelt and visually stunning tribute to its American workforce and the customer journeys that begin at Volkswagen’s assembly plant in Chattanooga, Tennessee.
The campaign—featuring the Atlas, Atlas Cross Sport, and fully-electric ID.4—takes viewers behind the scenes to where every drive begins: the factory floor. Through poetic storytelling and vivid imagery, “Proudly Assembled in Chattanooga” connects the soul of Volkswagen vehicles to the people and places that are responsible for them.
“At its core, this campaign is about pride—in our people, in our products, and in the idea that great things are built right here at home,” said Rachael Zaluzec, Senior Vice President of Customer Experience and Brand Marketing for Volkswagen of America. “Our goal was to highlight what our vehicles can do, where they come from, and the care that goes into each one.”
Also featured in the campaign is the Chattanooga assembly plant’s 66-acre solar array and the sheep herd that help maintain the fields around it. The 8 mW solar array includes 33,600 panels which can supply up to 9.3% of the plant’s electricity needs during full production—enough to power 1,600 homes annually. Adaptive grazing around the solar array with a herd of about 50 sheep helps avoid excessive vegetation and soil erosion. The sheep and solar array work together to support Volkswagen’s broader sustainability goals, which not only helps reduce the plant’s carbon footprint but also mitigate operational costs.
The Chattanooga plant isn’t just where these vehicles are assembled; it’s where about 4,500 Volkswagen team members are building their careers. Since announcing “It’s Chattanooga” in 2008, Volkswagen has provided opportunities to advance careers in high-tech research and development, vehicle assembly, engineering, testing, and management among other avenues. World-class career development programs like the Volkswagen Academy and Volkswagen e-Labs help students starting in middle school explore career paths available right in their own hometown.
The “Proudly Assembled in Chattanooga” campaign launches today across national broadcast, digital, and social media, with additional placements rolling out throughout the summer.
Mercedes-Benz sold 547,100 cars and vans in Q2 customer demand for Mercedes-Benz Cars, particularly in the U.S. and Germany remained strong, reflected in a 26% and 7% rise in deliveries to customers. Deliveries to dealerships were carefully calibrated to navigate new global tariff policies, impacting sales of Mercedes-Benz Cars in the U.S. and China in particular. Mercedes-Benz Vans sold 93,400 units in the second quarter with a 32% year-on-year rise in eVans, reflecting solid customer demand for fully electric vans.
Mercedes-Benz Cars sold 453,700 cars (-9%) in the second quarter. Overall group sales were influenced by the ongoing dynamic market environment and especially due to diligent management of stock to counter tariff impacts. Customer demand in the U.S. and Europe remained above the prior-year’s level. Sales in other markets of the world increased significantly by 24% in the second quarter, driven by Turkey and markets in South America.
Top-End sales represented 14.3% of overall sales. Top-End deliveries to customers (retail sales) increased by 5% reaching 69,000 units driven by ongoing strong customer demand for Mercedes-AMG vehicles (+19%) and the G-Class (+56%). Especially in the U.S., customer demand for Top-End vehicles remained strong, leading to a surge in retail deliveries to customers of 15%. As the second largest market, Mercedes-Benz strengthened its position in the U.S. with strong investments including the update of the brand center in Manhattan. In China, Mercedes-Benz retained its number one position in the Top-End luxury segment in the first half of the year.
The GLC remained the top-selling car globally in the first half of 2025. Group sales of the GLC increased by 9% in the second quarter, while the new CLE proved popular with sales up 30% in Q2 and 66% in the first half of 2025.
Global Plug-In-Hybrid sales increased by 34% in the second quarter. In Europe, the share of electrified vehicles (xEVs) reached 40%, and 21% on a global level in the second quarter.
Group sales overview Mercedes-Benz Cars
| Q2 2025 | ChangeQ1 2025 | ChangeQ2 2024 | YTD 2025 | ChangeYTD 2024 | |
| Mercedes-Benz Group | 547,100 | +3% | -9% | 1,076,300 | -8% |
| – thereof BEVs | 41,900 | -8% | -18% | 87,300 | -14% |
| Mercedes-Benz Cars | 453,700 | +2% | -9% | 900,000 | -6% |
| – thereof BEVs | 35,000 | -14% | -24% | 75,700 | -19% |
| – thereof xEVs | 94,000 | +8% | +4% | 180,800 | +0% |
| Mercedes-Benz Cars sales by segments* | |||||
| Top-End | 64,800 | +0% | -8% | 129,900 | -5% |
| Core | 273,800 | +4% | -6% | 537,300 | -4% |
| Entry | 115,100 | -2% | -16% | 232,800 | -12% |
| Mercedes-Benz Cars sales by regions and markets | |||||
| Europe** | 159,700 | +7% | +1% | 308,300 | -3% |
| – thereof Germany | 52,800 | +16% | +7% | 98,100 | -2% |
| Asia | 189,200 | -5% | -16% | 389,000 | -11% |
| – thereof China | 140,400 | -8% | -19% | 293,200 | -14% |
| North America*** | 80,600 | +5% | -14% | 157,500 | -6% |
| – thereof U.S. | 74,600 | +11% | -12% | 142,000 | -6% |
| Rest of World | 24,200 | +16% | +24% | 45,100 | +20% |
*Top-End: Mercedes-AMG, Mercedes-Maybach, G-Class, S-Class, GLS, EQS and EQS SUV
*Core: All derivatives from C- and E-Class, incl. EQE and EQE SUV
Mercedes-Benz sold 547,100 cars and vans in Q2 Daimler Truck Group sold 106,715 trucks and buses (Q2 2024: 112,195) in the second quarter of 2025. The Trucks North America segment accounted for 38,580 units in the Group’s total sales (Q2 2024: 48,246). Mercedes-Benz Trucks sold 38,294 units (Q2 2024: 38,481). An increase of unit sales by 13% to 26,443 (Q2 2024: 23,411) was reported by the segment Trucks Asia. Daimler Buses increased its sales volume to 7,027 units (Q2 2024: 6,674). In the first half of the year, Daimler Truck sold 206,527 vehicles (1. HY 2024: 221,106 units).
Unit Sales – Group and segment level
As of January 1, 2025, Daimler Truck integrated its businesses in China and India into the Mercedes-Benz Trucks segment. The presentation of the adjusted prior-year comparison is based on the new segment composition.
| Unit Sales | Q2/2025 | Q2/2024 | + / – |
| Trucks North America | 38,580 | 48,246 | -20% |
| Mercedes-Benz Trucks | 38,294 | 38,481 | -0% |
| Trucks Asia | 26,443 | 23,411 | +13% |
| Daimler Buses | 7,027 | 6,674 | +5% |
| Daimler Truck Group* | 106,715 | 112,195 | -5% |
| thereof battery-electric vehicles | 1,232 | 648 | +90% |
*Including eliminations due to transactions between segments.
Daimler Truck Capital Market Day 2025 Daimler Truck Holding AG (Daimler Truck) hosts its Capital Market Day 2025 at the Truck Manufacturing Plant in Cleveland, North Carolina, USA, presenting a comprehensive strategic and financial outlook under the theme “Stronger 2030”. The production facility, where Daimler Truck North America produces its flagship Freightliner Cascadia and Western Star 47X and 49X models, was selected to highlight the pivotal role of the Company’s U.S. operations as an integral part of its global strategy.
At the Capital Market Day, Daimler Truck presents its evolved Group strategy which is anchored in five strategic pillars to drive higher profitability and increased resilience. Following this strategy, Daimler Truck sets ambitious financial targets for 2030. The Company aims to achieve an adjusted return on sales (adj. ROS) of more than 12% in its Industrial Business (IB). Furthermore, the Group will continue its shareholder-oriented capital allocation strategy and has announced a new up to €2 billion share buyback program over two years, expected to start in the second half of 2025.
Karin Rådström, President & CEO of Daimler Truck: “At Daimler Truck, we are proud to work for all who keep the world moving. And we want to build the best truck and bus company – for our customers, our employees and our shareholders. We have the strategy in place, and we are establishing the performance culture to achieve this ambition. When we do it right, it brings us to a profitability of more than 12% return on sales by 2030.”
Evolved Group Strategy – Five Strategic Pillars
Unlock full potential through growth, scale, and efficiency: the Group focuses on scale where it matters most. This is underscored by the signing of the agreement to integrate Mitsubishi Fuso and Hino.
Daimler Truck to cut 5,000 jobs in Germany by 2030 Daimler Truck plans to cut about 5,000 jobs in Germany by 2030, the company said on Tuesday.
The job cuts were announced at a strategy presentation in Charlotte in the US state of North Carolina.
A spokesman said the reductions are to be carried out largely through natural fluctuation and partial retirement, but he warned that targeted redundancy programmes are also possible.The company’s truck division in Leinfelden-Echterdingen, near Stuttgart, is primarily affected.
The site employs around 28,000 people, out of a total German workforce of 35,500.
Daimler Truck said in May that it had reached an agreement with the central works council on key points for its German locations, including job cuts. Management and employees also agreed that there would be no compulsory redundancies until the end of 2034.
However, the extent of the job losses was not previously known.
The announcement came one day after Daimler Truck reported a 5% drop in second-quarter sales, with results particularly poor in the key US market.
Mobilisights and Vinli Vinli, a leading innovator in mobility and automotive data intelligence, has entered into a new agreement with Stellantis’ commercial vehicle connectivity platform, Mobilisights. This partnership represents a significant advancement, enhancing Vinli’s ability to deliver world-class insights for fleet management, risk analytics, and next-generation mobility solutions.
This collaboration marks a major milestone, adding Stellantis to Vinli’s growing list of OEM integrations. Mobilisights, the Data as a Service (DaaS) business unit of Stellantis, delivers connected vehicle data and analytics on vehicles across its extensive brand portfolio, including Ram, Dodge, Chrysler, Jeep®, and FIAT in North America. The agreement allows Vinli’s enterprise customers—including top-tier insurers, fleet operators, and mobility service providers—access to accurate, near real-time vehicle data directly from Stellantis’ connected vehicles. With fleet owner consent and in compliance with Stellantis’ data privacy and governance standards, this integration empowers customers to gain deeper visibility into driver behavior, optimize fleet performance, improve safety outcomes, and increase profitability through predictive and actionable insights.
Vinli’s platform continues to redefine connected mobility, using advanced data normalization and analytics across multiple OEM sources. By incorporating Mobilsights’ fleet data streams into its platform, Vinli expands its footprint and accelerates the delivery of high-impact, data-driven solutions for the automotive industry.
Officials have set a two-week deadline to find a buyer for the ailing Prax Lindsey oil refinery amid growing doubts over the site’s future viability.FTI Consulting, which was appointed special manager of the plant by the Official Receiver, had begun canvassing interest from third parties, with a two-week deadline said to have been “pencilled in but subject to revision”.Ministers have ordered an Insolvency Service probe into the conduct of the husband-and-wife team behind State Oil and the wider Prax Group, alleging they were misled about the company’s finances in the build-up to its insolvency.
The group is reported to owe the UK tax authorities in the region of £250m, with insiders saying that Sanjeev Kumar Soosaipillai and his wife Arani were in talks about a Time to Pay arrangement with HM Revenue & Customs prior to State Oil’s collapse.
Naftogaz launches new gas exploration well Ukrainian state energy firm Naftogaz has launched a new natural gas exploration well through subsidiary Ukrgasvydobuvannya with a daily output of 383,000 cubic meters, the company said on Tuesday.
Naftogaz produces the lion’s share of Ukrainian gas, but its production facilities were severely damaged in a series of Russian missile strikes earlier this year, reducing production by as much as 40%.
eCap Marine to provide hydrogen power solutions to Samskip eCap Marine secured two contracts to supply hydrogen-based propulsion systems for zero-emission vessels. The Hamburg-based engineering specialist will deliver hydrogen power solutions for bulk carriers for Møre Sjø and short-sea container vessels for Samskip
This year’s Nor-Shipping maritime trade fair, held in Oslo, proved to be a huge success for eCap Marine, a leading provider of engineering and integration services for emission-free power generation systems. The company’s comprehensive expertise in green marine propulsion systems and flexible onshore power supply generated lots of interest, not least due to their two recent contracts.
eCap Marine powers Samskip’s SeaShuttles with green hydrogen
Hydrogen propulsion solutions are in increasing demand in the marine industry, with many projects emerging on the horizon. eCap Marine is one of the very few companies worldwide to have retrofitted a commercial vessel, the offshore supply vessel Coastal Liberty, with hydrogen-powered propulsion. The expertise derived from this project opened the doors for another significant order for eCap Marine. Construction of two zero-emission short-sea container vessels for global logistics provider Samskip has commenced at the Cochin Shipyard in India.
The Samskip SeaShuttles are set to be the first shortsea container vessels in the world to use green hydrogen as fuel, and eCap Marine has been awarded the order to supply hydrogen-powered fuel cells for both vessels. The 3.2 MW PEM fuel cells will be installed with marine-approved power electronics, controller and safety systems, along with all interfaces for integration into a containerised system on the aft deck of the SeaShuttles. The vessels are scheduled for delivery in 2027.
Møre Sjø selects eCap Marine’s H2 solution for new bulk carriers
The Norwegian shipping company Møre Sjø signed an order for the construction of two emission-free, hydrogen-powered bulk carriers at Gelibolu Shipyard in Türkiye. The newbuilds, which will measure 85 meters in length and have a deadweight of 4,000 tons, will primarily operate in Norwegian coastal waters and are scheduled for delivery in 2027. With this order, Møre Sjø reaffirms its commitment to hydrogen as an alternative, environmentally friendly fuel for emission-free operation in the sensitive environment of Norwegian fjords.
eCap Marine was selected to provide onboard hydrogen solutions, equipping the vessels with 1.7 MW PEM hydrogen fuel cells to transport their dry bulk goods emission-free. The compressed hydrogen tank system, with a capacity of more than 2 tons per vessel, will be permanently installed on the aft section, with fuel cells and other electrical components located in suitable spaces under deck. eCap Marine’s scope of supply also includes an onboard hydrogen bunkering station, marine-approved power electronics, the controller and safety system, and all interfaces to the ship’s power management system.
“These projects are a significant milestone for eCap Marine – and the maritime energy transition,” says Lars Ravens, Managing Director at eCap Marine. “Our team has worked with engineering enthusiasm to develop scalable hydrogen technology. Our integrated hydrogen systems are now at the core of two groundbreaking vessels. We thank both Møre Sjø and Samskip for entrusting us with these emission-free marine propulsion lighthouse projects.”
Full technical responsibility
Currently, there are numerous developments in the market regarding alternative and renewable energy sources and systems. However, there are as yet only very few maritime suppliers, both technical solution manufacturers and shipyards, who are willing or able to take full responsibility for delivering energy from hydrogen. The reason e-Cap takes on full responsibility is that its team believes hydrogen will be the energy source of the future for shipping, and it is their task to make that happen.
GAC Fiat Chrysler declared bankrupt GAC Fiat Chrysler Automobiles, the joint venture between Stellantis and China’s Guangzhou Automobile Group, has been declared bankrupt, marking the formal end of a once-promising partnership that brought the Jeep brand to Chinese consumers.
The company posted images of a ruling by a court in China’s Hunan province confirming the bankruptcy declaration on its official social media account on Tuesday. Founded in March 2010 with a 50:50 investment split between GAC and Stellantis, the joint venture had a total investment of around 17 billion yuan ($2.3 billion).
The partnership initially gained traction with the local production of Jeep models starting in 2015.
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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