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Market Outlooks

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Artist’s impression of QED Naval’s next-gen Subhub-ID tidal platform (Courtesy of QED Naval)
Market Outlooks

QED Naval invites bids for Subhub tidal energy industrial demonstrator

Scottish marine energy specialist QED Naval has invited potential tenderers to participate in an opportunity to be a strategic partner in developing its next generation Subhub industrial demonstrator platform for tidal energy generation.

about 3 years ago
MSC Noa Ariela
Market Outlooks

MSC sets record as 1st ocean carrier to hit 5 mil TEU in fleet capacity

In a groundbreaking milestone for the global shipping industry, Mediterranean Shipping Company (MSC) has emerged as the first ocean carrier to surpass a staggering 5 million TEU (twenty-foot equivalent units) in fleet capacity, as confirmed by analysts at Alphaliner. The impressive feat highlights M

about 3 years ago
Report: Germany scales down LNG terminal plans
Market Outlooks

Report: Germany scales down LNG terminal plans

Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, Reuters reported a government source as saying. Two floating LNG terminals are to be sited at Mukran off the Rügen coast with an annual capacity of around 10 billion cubic metres (bcm), down from

about 3 years ago
Ubuntu Empathy
Market Outlooks

Study: Ammonia-powered ships set to ply West Australia-East Asia iron ore trade by 2028

Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti

about 3 years ago
Seafarers
Market Outlooks

Philippines and Indonesia spearhead training programs for seafarers as shipping moves toward decarbonization

The Philippines and Indonesia, which are home to just under 21% of the world’s crew members, are taking action to support their seafarers in developing modern skill sets as shipping decarbonizes. With 252,392 of the world’s seafarers, 13.3% of global crew members, calling the Philippines home, the c

about 3 years ago
Rethink Energy study: Green H2 is $850bn game everybody wants to play
Market Outlooks

Rethink Energy study: Green H2 is $850bn game everybody wants to play

According to a new study “Global Hydrogen Market Forecast to 2050,” published by Rethink Energy, the energy intelligence arm of Rethink Technology Research, the emergence of a global hydrogen marketplace of about six times the current market size now looks inevitable. In the study, Rethink predicted

about 3 years ago
Zukunft Gas and partners issue transformation path plan for new gases
Market Outlooks

Zukunft Gas and partners issue transformation path plan for new gases

An initiative of Germany’s natural gas industry Zukunft Gas, BDEW Federal Association of Energy and Water Industries and the DVGW German Technical and Scientific Association for Gas and Water have presented the “New Gases Transformation Path,” a plan for how the gas industry will become a hydrogen e

about 3 years ago
Illustration (Courtesy of the University of Évora)
Market Outlooks

Floating solar in Portugal could exceed national target for solar energy of 7GW, new research finds

Researchers from the University of Évora have found that the installed capacity of floating solar systems in Portugal could exceed the national target for solar energy of 7GW, defined in the country’s National Energy and Climate Plan (PNEC) 2030.

about 3 years ago
Beth Dickens from Quoceant and Winston D’Souza from Lloyd’s Register (Courtesy of Quoceant)
Market Outlooks

Lloyd’s Register gives nod of approval for Quoceant’s Q-Connect system

Scottish engineering consultancy Quoceant has secured an approval in principle from Lloyd’s Register for its quick connection system for marine renewable energy applications.

about 3 years ago
Illustration/Mocean Energy’s wave device with offshore wind turbines (Courtesy of Mocean Energy)
Market Outlooks

Shared floating wind and wave projects offer 12% combined cost reduction, report finds

Sharing infrastructure, services and supply chain between wind and wave energy projects can significantly reduce the levelised cost of energy (LCOE) for both wind and wave energy projects, a new report has found.

about 3 years ago
Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

Scots start exploring green hydrogen production using tidal energy

Scottish company Nova Innovation is heading up a consortium to look at the potential of producing green hydrogen and oxygen from its tidal energy projects in Shetland.

about 3 years ago
Illustration/Deployment of D10 tidal turbine in 2018 (Courtesy of Sabella/Photo by Balao)
Market Outlooks

TIGER project puts tidal energy in UK and France back on track

The Tidal Stream Industry Energiser Project (TIGER) has demonstrated the significant value tidal stream energy can bring to the future energy mix, economies and supply chains in both the UK and France.

about 3 years ago
Hydrogen MoU
Market Outlooks

Prominent maritime ports, academia & innovation hubs unite to accelerate hydrogen innovation

Prominent maritime ports, universities, and innovation hubs from Australia, Brazil, Chile, Portugal, the United Kingdom, and the Netherlands have joined forces in a groundbreaking initiative aimed at expediting innovation for green hydrogen. Spearheaded by the Port of Rotterdam, Newcastle, O Complex

about 3 years ago
Capital Product Partners boost fleet with Asterix I LNG carrier
Market Outlooks

Capital Product Partners CEO pinpoints LNG segment as ‘particularly interesting’ for growth

Greece-based shipping company Capital Product Partners L.P., which is engaged in the seaborne transportation of natural gas, containerized goods and dry cargo, has set sights on exploring further growth in the LNG space. Speaking in a recent webcast on the company’s strategy moving forward Jerry Kal

about 3 years ago
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