Xin Yuan Ocean Orders Tanker from Compatriot Shipyard

first_imgzoom China-based shipowner Xin Yuan Ocean has opted to order a small dirty tanker, with an option for another vessel of the same kind, from a compatriot shipbuilder Fujian Mawei Shipbuilding.According to data provided by VesselsValue, the company placed the order for the new ship on June 7.The vessel in question will feature 7,500 dwt and is expected to join its owner in 2018, while its sister ship, if ordered, would be delivered in 2019.Although the financial details of the agreement were not disclosed, VesselsValue informed that the ships have a combined market value of around USD 22 million.Xin Yuan Ocean currently operates one small dirty tanker, the 8,000 dwt Rostella. Built by China’s Quingshan Shipyard, the vessel, which has a market value of USD 17.8 million, was delivered to the company in April 2017.World Maritime News Stafflast_img read more

Turning natural gas into carbon nanotubes cuts energy use carbon dioxide emissions

first_imghttps://news-network.rice.edu/news/files/2019/01/0128_ARPA-E-1-WEB-1qvcfqo.jpgRice University chemical and biomolecular engineer Matteo Pasquali and his colleagues have won a $3.3 million federal grant to develop a method to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metals. (Credit: Jeff Fitlow/Rice University) Rice University chemical and biomolecular engineer Matteo Pasquali and his colleagues have won a $3.3 million federal grant to develop a method to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metals. (Credit: Jeff Fitlow/Rice University) Matteo Pasquali, a pioneer in the development of carbon nanotube fibers, has won a federal grant to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metal in products. They expect their technique will reduce the energy consumption and carbon dioxide emissions associated with metal production and produce clean hydrogen as a byproduct. (Credit: Jeff Fitlow/Rice University) Matteo Pasquali, a pioneer in the development of carbon nanotube fibers, has won a federal grant to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metal in products. They expect their technique will reduce the energy consumption and carbon dioxide emissions associated with metal production and produce clean hydrogen as a byproduct. (Credit: Jeff Fitlow/Rice University) Return to article. Long Description Return to article. Long Description ShareNEWS RELEASEEditor’s note: Links to high-resolution images for download appear at the end of this release.David Ruth713-348-6327david@rice.eduMike Williams713-348-6728mikewilliams@rice.eduTurning natural gas into carbon nanotubes cuts energy use, carbon dioxide emissionsRice’s Pasquali group wins Department of Energy backing to convert methane into sustainable materials and clean hydrogenHOUSTON – (Jan. 28, 2019) – Rice University chemical and biomolecular engineer Matteo Pasquali and his colleagues have won a $3.3 million federal grant to develop a method to convert natural gas into carbon nanotubes for materials that can replace metals.The award comes from the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E), through it’s OPEN+ initiative. OPEN+ announced seven awards in its second and third rounds of funding in December to groups advancing concrete and methane technologies.center_img https://news-network.rice.edu/news/files/2019/01/0128_ARPA-E-2-WEB-26t72lv.jpgMatteo Pasquali, a pioneer in the development of carbon nanotube fibers, has won a federal grant to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metal in products. They expect their technique will reducethe energy consumption and carbon dioxide emissionsassociated with metal production and produce clean hydrogen as a byproduct. (Credit: Jeff Fitlow/Rice University)Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,962 undergraduates and 3,027 graduate students, Rice’s undergraduate student-to-faculty ratio is just under 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice is ranked No. 1 for lots of race/class interaction and No. 2 for quality of life by the Princeton Review. Rice is also rated as a best value among private universities by Kiplinger’s Personal Finance. To read “What they’re saying about Rice,” go to http://tinyurl.com/RiceUniversityoverview. Rice University chemical and biomolecular engineer Matteo Pasquali and his colleagues have won a $3.3 million federal grant to develop a method to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metals. (Credit: Jeff Fitlow/Rice University) Return to article. Long DescriptionMatteo Pasquali, a pioneer in the development of carbon nanotube fibers, has won a federal grant to convert natural gas into hydrogen and carbon nanotubes for materials that can replace metal in products.  Photo by Jeff FitlowHe said the project will lay a foundation to understand whether and how the conversion of natural gas into carbon nanotube materials can be made into a large-volume, economical process that could displace metals and other energy-inefficient materials at the level of hundreds of megatons per year.  Such displacement would yield massive reductions in carbon dioxide emissions while also generating economic growth and adding value to our natural gas resources.“Realizing this vision will require creating new value chains, supply chains and manufacturing chains, as is always the case when a new class of materials is introduced,” Pasquali said. “Such an effort will require decades to reach full deployment and will require partnering with multiple other organizations both at the stages of materials synthesis and conversion as well as in manufacturing and introduction into products.“It is critical that we compress as much as possible the time scale for the development and deployment of this technology,” he said. “The climate is already changing and we must act with urgency.”The research team includes Boris Yakobson, Rice’s Karl F. Hasselmann Professor of Materials Science and NanoEngineering and of Chemistry; chemical engineer Glen Irvin Jr. of Irvin Global Industries LLC; Matteo Maestri, an associate professor at the Polytechnic University of Milan, and Jeff Blackburn of the National Renewable Energy Laboratory.Every three years, ARPA-E issues an open call to scientists and engineers for transformational technologies across the scope of the agency’s energy mission. The agency created OPEN+ to focus on particular topics in energy where ARPA-E sees significant opportunities to “innovate and create new communities.” ARPA-E plans to announce a total of nine OPEN+ cohorts through early 2019.-30-Follow Rice News and Media Relations via Twitter @RiceUNewsRelated materials:Nanotube fibers in a jiffy: http://news.rice.edu/2018/01/11/nanotube-fibers-in-a-jiffy-2/Long nanotubes make strong fibers: http://news.rice.edu/2017/10/16/long-nanotubes-make-strong-fibers/New nanotech fiber: Robust handling, shocking performance: http://news.rice.edu/2013/01/10/new-nanotech-fiber-robust-handling-shocking-performance/Pasquali Research Group: http://pasquali.rice.eduGeorge R. Brown School of Engineering: https://engineering.rice.eduImages for download: Return to article. Long DescriptionMatteo PasqualiThe Rice-led team will convert methane into carbon nanotubes, spin them into fibers, and evaluate their performance and properties, with the goal of displacing metals in large-scale applications to reduce the energy consumption and carbon dioxide emissions associated with metal production. The process would also produce valuable hydrogen as a side product.“For most of the history of civilization, we used carbon primarily as source of materials, clothing and food,” said Pasquali, Rice’s A.J. Hartsook Professor of Chemical and Biomolecular Engineering, of chemistry and of materials science and nanoengineering. “Only in the past two centuries have we moved to an economy where we burn over 95 percent of the fossil hydrocarbons to produce energy, to the point that we are changing our climate. We then use much of this energy to make inefficient materials such as steel, aluminum and copper.”He said more than 10 percent the world’s annual energy use and carbon dioxide emissions are associated with the mining and manufacturing of metals. “With our new concept, we will convert directly natural gas into materials made of carbon nanotubes,” Pasquali said. “Based on their properties, these materials can displace metals while providing major weight savings. At the same time, we will generate hydrogen from the hydrocarbon decomposition process, and this hydrogen can be used to offset the energy costs of making the material or as valuable energy carriers for transportation.”Pasquali noted his team will partner with Shell “for its expertise in all aspects of hydrocarbon production, conversion and processing, and because of Shell’s progressive vision for an energy future in which we use hydrocarbons responsibly and limit carbon dioxide emissions.” FacebookTwitterPrintEmailAddThislast_img read more