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NEWS BULLETIN
Buckeye Looks To The Future
Buckeye Partners has launched BAES Infrastructure, a diversified energy company that will focus on the development, construction, and operation of energy transition projects. BAES Infrastructure will pursue new energy transition-related opportunities, with its seed assets being Swift Current Energy, OneH2, Bear Head Energy, a low carbon hydrogen and ammonia project under development in South Texas, and other advanced-stage solar development projects.
“The launch of BAES Infrastructure represents another step in our energy transition strategy, reinforcing our commitment to investing in growth that aligns with our customers’ current and evolving needs, while facilitating the decarbonisation of the broader economy,” says Buckeye CEO Todd Russo. “This new company will allow us to leverage existing and new relationships and focus on investment and development activity in the energy transition space without compromising our focus on safely and reliably operating our critical petroleum products infrastructure.”
Jamie Cemm, until recently chair of Buckeye’s board of directors, has been appointed CEO of the new company. www.baesinfra.com
Stolthaven Aims For Ammonia
Stolthaven Terminals has joined the Ammonia Energy Association (AEA), a global non-profit industry association that promotes the responsible use of ammonia as part of a sustainable energy economy. Stolthaven is already involved in a number of projects worldwide that are exploring the transition to green and blue energy, and AEA provides essential resources, insights and industry connections to support further progress in this area.
Specifically, Stolthaven Terminals is looking to include storage solutions for hydrogen, ammonia and green methanol at a number of current products, including a new joint-venture terminal in Taiwan, a potential ammonia import terminal at the Advario Stolthaven Antwerp site, and a potential project in Brazil to develop a storage and export terminal for green hydrogen and ammonia. Sister company Stolt Tankers is also exploring the potential use of ammonia as an alternative fuel for its ships.
“As an infrastructure company with terminal assets and facilities in strategic locations, we believe we can complement other AEA members, many of which are technology companies or producers,” says Pim van den Doel, commercial and business development manager, EMEA at Stolthaven Terminals. “We look forward to working with member organisations to develop projects that continue to drive the reduction of emissions and promote increasingly sustainable operations across the supply chain.” www.stolt-nielsen.com
Catch The Wind
The TransHydrogen Alliance (THA) has signed an MoU with Brazilian renewable energy company Casa dos Ventos and energy efficiency company Comerc Eficiência with a view to developing a new supply chain to move green ammonia from Brazil to Rotterdam, beginning in 2026. The two Brazilian partners are planning a new plant in the Industrial and Port Complex of Pecém (CIPP), in Ceará, which will produce 960 tonnes of hydrogen per day and up to 2.2m tonnes of ammonia per year.
“We want to use the abundant renewable resources in Ceará and neighbouring states to expand our low carbon energy solutions abroad,” says Lucas Araripe, CEO of Casa dos Ventos. “We are joining forces with a group of companies that will be able to contribute to the technological development of the project and with a portfolio of international clients.” transhydrogenalliance.com
The THA members involved in the MoU are specialist engineering firm Proton Ventures, ammonia trader Trammo and terminal operator Global Energy Storage (GES), which is already developing a green ammonia import terminal in Rotterdam.
EXOLUM BACKS START-UP
Exolum is investing further in the energy transition by becoming a shareholder in H2Vector, a technology start-up based in Asturias, Spain that aims to provide energy solutions based on renewable hydrogen. The company is also conducting research into new forms of storage and transport of green hydrogen based on the use of organic liquids.
“The investment by Exolum will allow us to accelerate our technological developments and to attain greater visibility in the green hydrogen energy sector,” says Miguelangel Ocando, CEO of H2Vector. “We are especially pleased to have established this relationship with an industrial partner that has a recognised track record, and with which we share values, mission and objectives.” exolum.com
CAPTURING JAPAN’S CARBON
Mitsubishi Shipbuilding has launched a demonstration test ship designed to test the viability of transporting liquefied carbon dioxide by sea. The vessel is owned by Sanyu Kisen and will be managed by Nippon Gas Line. It features a containment system developed by the Engineering Advancement Association of Japan (ENAA) and will work on a large-scale carbon capture, utilisation and storage (CCUS) project being conducted by Japan’s New Energy and Industrial Technology www.mhi.com/group/mhimsb/
Development Organisation (NEDO). It will also help to accelerate research being conducted by ENAA, Nippon Gas Line, K Line and Ochanomizu University that is aiming to reduce the cost of CCUS technology and realise safe large-scale marine transport of liquefied CO2.
Rely On The Rhine For Renewables
HGK Shipping and the Port of Rotterdam have signed a long-term cooperation agreement to promote sustainable concepts for inland waterway services. The document primarily focuses on the energy revolution and logistics for hydrogen as well as reducing CO2 emissions by using innovative drive concepts and digitalisation. These topics are crucially important to ensure reliable and sustainable supplies for industry and will help ensure that stable supply chains will continue between Germany and the Netherlands and within Europe.
As part of the cooperation arrangement, HGK – as Europe’s largest inland waterway shipping company - and Europe’s largest seaport will in future maintain close ties to share information and jointly examine the possibilities that open up for both partners. For example, a reliable supply chain for hydrogen and hydrogen derivatives as well as alternative renewable fuels is due to be established to promote the energy revolution. Among other things, the partners will analyse how the need for services to transport, store and tranship alternative energy sources will probably develop. Another important factor in this connection is how to make the inland waterway fleet more ecologically friendly and draw up implementation concepts for renewable engine fuels.
HGK Shipping and the Port of Rotterdam also intend to enhance transparency along supply chains in order to be able to organise procedures in a more efficient, flexible and sustainable manner, with the involvement of other stakeholders. Exchanging information about the quantities and types of goods that are transported and transhipped, for example, will take place through cooperation on digital platform initiatives.
Matthijs van Doorn, vice-president, commercial at the Port of Rotterdam Authority, says: “We are very pleased with the enhanced cooperation with HGK Shipping. Cross-border initiatives with strong and ambitious partners in the areas of energy transition and digitalisation are of paramount importance to reach our goal of becoming a CO2-neutral port by 2050. Inland shipping plays a crucial role in supplying hydrogen to the European market and at the same time this sector has the best credentials to do so in a sustainable and efficient way by sailing on alternative fuels and using innovative techniques.”
Steffen Bauer, CEO of HGK Shipping, adds: “The Port of Rotterdam is assuming a key role in supplying European industries and the energy sector as the hydrogen economy is launched. As an important hydrogen port, it depends on efficient connections to destinations further inland – and we at HGK Shipping are able to handle them through our inland waterway system. By working together, we can develop the future flows of supplies for the energy sector, but also for our parent company, the City of Cologne Public Utilities Group, and therefore enable reliable and dependable access to renewable energy sources.” www.hgk.de