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Outlook & Strategy

Canadian university acquires electric observation-class ROV

Houston-headquartered Forum Energy Technologies (FET) has delivered an electric observation-class remotely operated vehicle (ROV) to Canadian Memorial University of Newfoundland which can be used for renewable energy projects, among other things. Delivered to the Fisheries and Marine Institute, the

about 3 years ago

Outlook & Strategy

Black & Veatch wins FEED contract for Canada’s Ksi Lisims LNG project

LNG infrastructure solutions company Black & Veatch, in collaboration with Samsung Heavy Industries (SHI) of South Korea, has been awarded a front-end engineering design (FEED) contract for the Ksi Lisims LNG nearshore floating production facility in northwest Canada. Developed jointly by Western LN

about 3 years ago

Outlook & Strategy

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read

Outlook & Strategy

CPP Investments and Power2X team up on green molecule projects

Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t

about 3 years ago

Outlook & Strategy

Kitimat LNG project in Canada close to 85% complete

Kitimat LNG project in Canada is close to 85% complete overall and the first cargoes are on the horizon, LNG Canada, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, has announced on its social media. While presenting the company’s mid-year update, Ja

about 3 years ago

Outlook & Strategy

Kotug’s dual-fuel methanol escort tugs to provide service for Trans Mountain

Maritime service provider Kotug Canada has announced that its dual-fuel methanol escort tugs will be used for Trans Mountain’s expanded operations on Canada’s West Coast. Trans Mountain operates Canada’s oil pipeline, servicing the West Coast of Canada, providing tidewater access to foreign markets

about 3 years ago

Outlook & Strategy

EPS to apply GIT’s graphene-based propeller coating across its fleet

Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa

about 3 years ago

Outlook & Strategy

Canada positioned to be a maritime decarbonization trailblazer, study reveals

Canada could reap numerous benefits from investing in infrastructure that would enable the uptake of low and zero emissions shipping fuels, according to a new study from global sustainable development consultancy Arup carried out in partnership with Lloyd’s Register (LR) Maritime Decarbonisation Hub

about 3 years ago

Outlook & Strategy

XL uncrewed underwater vehicle set for technology demonstrations

Canadian Cellula Robotics and UK-based HonuWorx are collaborating to carry out a series of technology demonstrations that will use an extra-large uncrewed underwater vehicle (XLUUV). The demonstrations will see Cellula’s Solus-XR extra-large uncrewed underwater vehicle (XLUUV) used in showcasing Hon

about 3 years ago

Outlook & Strategy

Algoma orders methanol-ready product tanker duo at Hyundai Mipo

Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi

about 3 years ago

Outlook & Strategy

Port of Québec to serve as a developmental laboratory for clean technologies

The Port of Québec has entered into a partnership with 2 Degrés, a business incubator specializing in clean technologies. This two-year partnership fits within the Port of Québec’s Vision 2035, unveiled earlier this year, as the port sets sights on innovative solutions in several sectors, including

about 3 years ago

Outlook & Strategy

Port of Argentia and Pattern Energy agree on renewable energy to green fuels project

Newfoundland-based Port of Argentia and American renewable energy company Pattern Energy have entered into an agreement for the planned wind energy to ammonia project at Argentia. On 5 June, the Port of Argentia announced it had reached a binding agreement on commercial terms with Pattern Energy for

about 3 years ago

Outlook & Strategy

World Energy GH2 acquires Port of Stephenville to serve as hub for green hydrogen and ammonia shipping

Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which

about 3 years ago

Outlook & Strategy

Marubeni unites with Pembina for development of ammonia supply chain

Japan’s Marubeni Corporation has signed a Memorandum of Agreement (MoA) with Canada’s Pembina Pipeline Corporation to co-develop a low-carbon ammonia supply chain from Western Canada to Japan and other Asian markets. The project includes the joint development, on a 50/50 basis, of a global-scale, lo

about 3 years ago