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Market Outlooks

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C40 Cities
Market Outlooks

From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime

E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital.

about 1 year ago
Analysis: Maritime insetting needs stronger fuel criteria to spur decarbonization
Market Outlooks

Analysis: Maritime insetting needs stronger fuel criteria to spur decarbonization

Voluntary insetting schemes in the maritime industry could play a pivotal role in facilitating shipping’s decarbonization during the critical pre-regulatory period, so long as they incorporate ‘robust safeguards‘ that lead to the uptake of long-term fuel options, a new analysis by UCL Energy Institu

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about 1 year ago
CorPower Ocean wave energy farm
Market Outlooks

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Market Outlooks

IRENA: Growth in renewables highlights regional imbalance

Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

about 1 year ago
maritime
Market Outlooks

Op-ed: New solution addresses historic inefficiencies in maritime operations

Shipping is struggling to implement its decarbonization transition, with sustainable fuels being much more expensive and much less available than their fossil counterparts.

about 1 year ago
worker looking at tidal turbines
Market Outlooks

UK firm secures almost $5M for Morlais tidal energy demonstrator build

UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales. According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Market Outlooks

Hydrogen Europe: EU’s low-carbon rules improve, but still fall short of market needs

Hydrogen Europe has acknowledged improvements in the final version of the European Commission’s Low Carbon Hydrogen Delegated Act, but noted that the rules still fall short of market needs.

about 1 year ago
MOL
Market Outlooks

MOL grows tank storage business as it completes LBC Tank Terminals acquisition

Japanese shipping major Mitsui O.S.K. Lines (MOL) has become the 100% shareholder of LBC Tank Terminals, the Netherlands-based tank terminal operator in the chemical handling industry.

about 1 year ago
LNG strengthens foothold as ‘clear choice’ in alternative fuels orderbook
Market Outlooks

LNG strengthens foothold as ‘clear choice’ in alternative fuels orderbook

While the overall newbuild market is experiencing a slower growth rate, the alternative fuels orderbook saw a total of 151 vessel orders in the first half of 2025, with LNG dominating as the “clear fuel of choice” and accounting for more than half of the orderbook, according to data from classificat

about 1 year ago
'Bitter disappointment' as UK rejects support for €29.5B project to import renewable energy from Morocco
Market Outlooks

‘Bitter disappointment’ as UK rejects support for €29.5B project to import renewable energy from Morocco

The UK Government has decided to reject the huge £25 billion (around €29.5 billion) project that would import 11.5 GW of solar and wind power from Morocco to the British grid via 4,000-kilometer HVDC subsea cables. The Xlinks Morocco-UK power project envisions the development of a commercial-scale r

about 1 year ago
BV
Market Outlooks

BV: Achieving sustainable blue economy extends beyond decarbonizing shipping

Bureau Veritas Marine & Offshore (BV), a French specialist in testing, inspection, and certification, has highlighted the need to reframe how the global fleet is financed, fueled, and operated if its decarbonization goals are to be achieved.

about 1 year ago
China’s Wuhu Shipyard sets sights on European market with new green shipping alliance
Market Outlooks

China’s Wuhu Shipyard sets sights on European market with new green shipping alliance

Chinese shipbuilder Wuhu Shipyard has moved to enter the European market with a new research and development (R&D) cooperation agreement focused on green shipping technology.

about 1 year ago
tanker
Market Outlooks

Alternative fuels: How far has tanker industry come?

The tanker sector keeps its finger on the pulse regarding fuel options but is cautious about readiness, safety, and regulatory support, BIMCO, the world’s largest international shipping association, said.

about 1 year ago
EU flags
Market Outlooks

Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen

Industry groups have called on the European Commission to acknowledge their concerns with the current draft ‘Delegated Act’ defining the greenhouse gas (GHG) methodology for low-carbon hydrogen and its derivatives, claiming that the new version of this secondary legislation threatens the overall fea

about 1 year ago