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Market Outlooks

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Business & FinanceBusiness Developments & ProjectsOutlook & StrategyGreen MarineMarine EnergyTidal & Wave EnergyResearch & DevelopmentFloating SolarSubseaAuthorities & GovernmentEquipmentInnovationRegulation & PolicyTechnologyVisionInfrastructurePorts & LogisticsVesselsOffshore WindCollaborationOperations & MaintenanceTransitionClean FuelDredgingFossil EnergyCarbon Capture Usage & StorageEnvironmentProject & TendersHydrogenOil & GasExploration & ProductionEnergy Efficiency & Innovation
Maersk Tankers
Market Outlooks

Maersk Tankers’ technical management unit has new owner

Synergy Marine Pte. Ltd., a subsidiary of Singapore-based ship manager Synergy Group, has signed an agreement to take over Maersk Tankers’ technical management business.

about 5 years ago
Ocean yield
Market Outlooks

Ocean Yield to get new owner

Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has initiated the process to acquire Norwegian shipowner Ocean Yield ASA.

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about 5 years ago
Photo illustration showing Mocean Energy’s Blue X in operation at EMEC (Photo by Colin Keldie)
Market Outlooks

Europe could gain €140bn from ocean energy by 2050, study suggests

ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050.

about 5 years ago
Illustration/Offshore floating solar unite developed by Dutch company Oceans of Energy (Courtesy of Oceans of Energy)
Market Outlooks

EU opens €10M innovation call for ocean energy and offshore floating solar technologies

The European Union’s key funding programme for research and innovation Horizon Europe has launched a €10 million call for projects related to innovative foundations, floating substructures and connection systems for ocean energy and offshore floating solar technologies.

about 5 years ago
boxship
Market Outlooks

World’s largest boxship says hi to Hamburg

On 8 September 2021, the Megamax container ship Ever Ace called at the Port of Hamburg for the first time with the evening‘s high tide.

about 5 years ago
The design of MPS’ renewable energy farm (Courtesy of MPS)
Market Outlooks

Welsh marine energy company lands support for floating offshore wind plans

Marine Power Systems (MPS) has secured the support of the Offshore Wind Growth Partnership (OGWP) through the Wind Expert Support Toolkit (WEST) programme to further advance its floating offshore wind commercialisation strategy.

about 5 years ago
Photo showing the deployment of Penguin wave energy device (Courtesy of Wello)
Market Outlooks

Penguin wave energy device starts producing power offshore Basque Country

The 600kW Penguin wave energy converter, developed by the Finnish company Wello, has started generating clean power to the local Basque electricity grid.

about 5 years ago
Photo showing NetBuoy during tank trials (Courtesy of Wave Energy Scotland)
Market Outlooks

TTI launches NetBuoy design tool for wave energy developers

Tension Technology International (TTI) has developed the NetBuoy design tool under Wave Energy Scotland’s materials and manufacturing programme.

about 5 years ago
Photo showing Minesto's DG100 tidal kite in Faroe Islands (Courtesy of Minesto)
Market Outlooks

Minesto extends tidal PPA with electric utility SEV as plans for scale-up take shape

Swedish marine energy developer Minesto has signed a two-year extension of its power purchase agreement (PPA) with the electric utility company SEV for its tidal energy site in Vestmannasund, Faroe Islands.

about 5 years ago
Photo showing Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation secures £6.4M for mass manufacturing and distribution of tidal energy turbines

Tidal energy company Nova Innovation has secured £6.4 million from the Scottish National Investment Bank to fund mass manufacturing and distribution of its innovative tidal energy turbines.

about 5 years ago
energy transition
Market Outlooks

In focus: Enabling the future step by step

When it comes to the energy transition, we have already seen that the first-mover advantage is there.

about 5 years ago
Illustration/CorPower Ocean's wave energy tech; and Oceans of Energy's floating solar unit (Courtesy of CorPower Ocean/Oceans of Energy)
Market Outlooks

EU-wide partnership to deliver ‘world-first’ bankable hybrid marine energy parks

Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa

about 5 years ago
Energy Transition Outlook - DNV
Market Outlooks

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns

DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

about 5 years ago
EU
Market Outlooks

EU maritime transport to increase in coming years. So will GHG emissions.

To remain competitive while reducing pollution and climate impacts, EU maritime transport must continue investing in sustainable new technologies, and adopting digital solutions and automation processes, a new report concluded.

about 5 years ago