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Market Outlooks

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Photo showing Orbital Marine’s O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Market Outlooks

Orbital Marine set for tidal power delivery across UK

Scottish tidal energy company Orbital Marine Power has unveiled plans to qualify multiple applications for submission into the UK Government’s newly opened renewable energy auction round.

about 4 years ago
Photo showing SIMEC Atlantis' tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Market Outlooks

SIMEC Atlantis sells hydro business to step up focus on tidal

SIMEC Atlantis Energy has sold its hydro power subsidiary Green Highlands Renewables (GHR) for a total of €3.5 million in a move to simplify its business structure and increase focus on tidal and power station conversion businesses.

about 4 years ago
Valaris DS-12 drillship
Market Outlooks

John Fredriksen firm takes interest in Valaris

Billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris.

about 4 years ago
Welsh renewables review puts spotlight on marine energy
Market Outlooks

Welsh renewables review puts spotlight on marine energy

The outcome of the Welsh government’s Deep Dive into Renewable Energy review into scaling up renewable energy deployment has been released, with a large number of recommendations particularly relevant to the marine energy sector.

about 4 years ago
Costamare
Market Outlooks

Costamare orders containership fleet

Greek shipping company Costamare has signed two shipbuilding contracts for the construction of a total of eight boxships.

about 4 years ago
Illustration (Courtesy of Deloitte)
Market Outlooks

Floating solar – an opportunity for all in the value chain, Deloitte finds

All energy ecosystem players have an opportunity to tap into floating solar industry’s emerging value, according to a new report by Deloitte.

about 4 years ago
MPVAqua project’s offshore floating solar innovation (Courtesy of Tractebel)
Market Outlooks

Industry majors streamlining offshore floating solar system for Belgian North Sea

Involving major offshore industry names – like DEME, Jan de Nul, and Tractebel – the MPVAqua research project is moving forward with the development of offshore floating solar concept, designed to withstand rough environment of the Belgian North Sea.

about 4 years ago
Hartmann
Market Outlooks

Hartmann welcomes 1st dual-fuel 5,000 cbm LPG carrier

German shipping company Hartmann Reederei has taken delivery of GasChem Homer, the first in a series of three 5,000 cbm LPG carriers being built in China.

about 4 years ago
Woodside
Market Outlooks

Woodside to spend $5 billion on new energy investments by 2030

Woodside has set a new target to invest $5 billion in emerging new energy markets by 2030 as part of its strategy to “thrive through the energy transition.”

about 4 years ago
The AR2000 tidal turbine concept (Courtesy of SIMEC Atlantis)
Market Outlooks

SIMEC Atlantis makes progress on novel variable pitch system for 2MW tidal turbines

SIMEC Atlantis Energy is preparing to start with the assembly and testing phase of its novel variable pitch system for tidal energy turbines, developed as part of a collaborative EU-backed project.

about 4 years ago
Norden
Market Outlooks

Norden to provide carbon emissions transparency as part of 5 climate commitments

Danish shipping company Norden has decided to provide transparency on carbon emissions pre- and post-voyage as the first step in the company’s strategy to bring down emissions in the supply chain.

about 4 years ago
Crowley
Market Outlooks

Crowley commits to net zero by 2050

US ship owner and operator Crowley has committed to net-zero greenhouse gas (GHG) emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit global warming to 1.5 degrees Celsius.

about 4 years ago
Dutch network of research facilities (Courtesy of DMEC)
Market Outlooks

Dutch test facilities form research alliance for offshore renewable energy

Backed by the Government of the Netherlands, nine Dutch research institutes and test facilities have joined forces to accelerate the research into offshore renewable energy.

about 4 years ago
Photo showing the latest tidal turbine designed by Nova Innovation (Courtesy of Nova Innovation)
Market Outlooks

Tidal energy innovators take share of £116M UK government investment

Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.

about 4 years ago
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