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Market Outlooks

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A Borssele III & IV wind turbine close up with the Blauwwind logo visible and the wind farm in the background
Market Outlooks

Shell gauging offshore wind opportunities in Brazil

Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, Offshore Energy – Offshore Wind contacted the company to find out if offshore wind was part of its wind power plans in the country.

about 5 years ago
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
Asian spot LNG prices reach seasonal record
Market Outlooks

Asian spot LNG prices reach seasonal record

Asian spot LNG prices rose to their highest recorded seasonal level due to European customers competing for limited supply, Reuters reported last week.

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.

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
Evergreen
Market Outlooks

Evergreen orders 24 containerships

Taiwanese container shipping company Evergreen Marine Corporation has decided to order 24 containerships in China.

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
CMA CGM
Market Outlooks

CMA CGM, AD Ports to build new terminal at Khalifa Port

French container shipping major CMA CGM and the UAE-based port operator Abu Dhabi Ports (AD Ports) have signed a 35-year concession agreement to develop a new terminal in Abu Dhabi.

about 5 years ago
Photo of Daniel Wheeler (Courtesy of ROVOP)
Market Outlooks

ROVOP names Americas chief as it steps up focus on region’s renewables market

Independent provider of subsea remotely operated vehicles (ROVs) ROVOP has appointed Daniel Wheeler as its new president for the Americas.

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
Maersk
Market Outlooks

Maersk invests in US startup to secure green bio-methanol production

Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.

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
Illustration (Courtesy of Fugro)
Market Outlooks

Fugro, DIMAR proceed with studies into Colombian offshore energy assets

The Colombian Maritime Authority (DIMAR) has selected Fugro to perform a joint environmental and exploration seep study in the Caribbean Sea to help Colombia unlock insights about its offshore energy assets.

about 5 years ago
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