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Market Outlooks

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Facts and Factors: Green Hydrogen market to grow to $1.4m by 2026
Market Outlooks

Facts and Factors: Green Hydrogen market to grow to $1.423m by 2026

According to Facts and Factors, the green hydrogen market size and share revenue are expected to grow from $755 million in 2020 to reach $1,423.2 million by 2026.

about 5 years ago
Wärtsilä
Market Outlooks

Wärtsilä to launch 2-stroke future fuels conversion solution, test tech with MSC

Finnish technology group Wärtsilä revealed plans to commercially launch its Two-Stroke Future Fuels Conversion platform during the first quarter of 2022.

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about 5 years ago
COp26 - Courtesy of Extinction Rebellion
Market Outlooks

COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels

After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.

about 5 years ago
Shell logo
Market Outlooks

Shell to ditch dual share structure and Royal designation to speed up transition

Royal Dutch Shell will simplify its share structure and remove the Royal designation from its name to speed up its transition.

about 5 years ago
COP26 (Courtesy of UK COP26)
Market Outlooks

In focus: COP26 shows world a glimpse of how it could be

In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies

about 5 years ago
Höegh Autoliners
Market Outlooks

Höegh Autoliners raising money to fund ammonia-ready ships

Norwegian RoRo shipping company Höegh Autoliners has decided to launch a private placement of new shares and list the company’s shares on Euronext Growth Oslo in order to accelerate decarbonization investments. As informed, the private placement is expected to raise gross proceeds in the region of N

about 5 years ago
Maersk Developer rig - Maersk Drilling
Market Outlooks

Maersk Drilling to merge with Noble

Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.

about 5 years ago
Visit to Nova Innovation’s Shetland tidal array control room (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation, SIMEC Atlantis join forces to turbo charge tidal energy industry

Scottish tidal energy companies Nova Innovation and SIMEC Atlantis Energy have entered into collaboration agreement with the goal of delivering more UK-built tidal turbines in the water, turbo charging the tidal industry.

about 5 years ago
Maersk
Market Outlooks

Maersk secures new terminal in Croatia for 24,000 TEU giants

Dutch container terminal operator APM Terminals, part of Maersk, and Croatian investor Energia Naturalis (ENNA) have signed a 50-year concession agreement for Rijeka Gateway, a joint venture container terminal between the two companies on the North Adriatic coast of Croatia.

about 5 years ago
World’s first liquid hydrogen bunkering facility for fuelling zero-emission ships revealed
Market Outlooks

World’s first liquid hydrogen bunkering facility for fuelling zero-emission ships revealed

Clean energy solutions provider Unitrove has unveiled the liquid hydrogen bunkering facility for fuelling zero-emission ships.

about 5 years ago
R&D investments to shape future of shipping
Market Outlooks

R&D investments to shape future of shipping

Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.

about 5 years ago
MPV Inyanga Enthsa with HydroWing system (Courtesy of HydroWing)
Market Outlooks

MPV Inyanga Entsha set for large-scale tidal energy deployments

Inyanga Maritime is developing a new dynamically-positioned (DP2) multi-purpose vessel (MPV) Inyanga Entsha that will be used to install HydroWing technology combined with Tocardo’s tidal turbines.

about 5 years ago
Illustration (Courtesy of OceanACT)
Market Outlooks

Five Portuguese institutions join forces for open sea testing of ocean technologies

Five Portuguese institutions – CEiiA, +ATLANTIC CoLAB, Fórum Oceano, INESC TEC, and WavEC – have have come together under the name of OceanACT to promote the testing of innovative ocean technologies in Portugal.

about 5 years ago
Safe Notos; Source: Prosafe
Market Outlooks

Highest fleet utilisation since 2019 nearly quadruples Prosafe revenues

Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.

about 5 years ago