Outlook & Strategy

Netherlands looking at offshore hubs and interconnectors, where does hydrogen stand?
Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o

US and Nordic-Baltic partners agree to increase subsea infrastructure safety
Norway, its Nordic-Baltic allies, and the U.S. have agreed to take steps to enhance the security of subsea infrastructure, including undersea cables and pipelines. This measure is part of a broader effort to lessen vulnerabilities in critical infrastructure and safeguard national and regional securi

Clean Hydrogen Partnership issues €184.5 million call for proposals
The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation (R&I) activities in hydrogen technologies in Europe, has launched its new call for proposals with a budget of €184.5 million for projects.

Viking Line expands biofuel-based initiative to three vessels on Helsinki routes
Viking Line will introduce its biofuel-based sustainable initiative for reducing GHG emissions from conference trips on three vessels on its Helsinki routes.

Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment
Trafigura, in collaboration with CF Industries, has completed the ‘first-ever’ co-loaded ammonia and propane shipment operation from the U.S. to Europe.

SmartCap’s €5 million investment to support Elcogen’s growth
Estonian clean energy technology manufacturer Elcogen has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian greentech companies.

Product tanker deliveries to jump 256% in 2025
Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping association BIMCO revealed.

New partnership to provide hydrogen storage and production solutions
EQUANS, an energy services provider, and INOCEL, a company that designs, manufactures and markets hydrogen fuel cells, have signed a partnership agreement to develop an energy storage and production solution using carbon-free hydrogen.

MacArtney to upgrade ROV operations on three Allseas vessels
Allseas has selected MacArtney to enhance and future-proof its remotely operated vehicle (ROV) operations with the replacement of three existing hydraulic launch and recovery systems with the all-electric eLARS. The scope covers three over-the-side 150 kN all-electric A-frames, including docking hea

Long-term use of biofuels as marine fuel depends on affordable supply, DNV says
While biofuels still hold a reputation as a promising solution to the decarbonization of the maritime sector, their long-term use could be hindered by limited supply in the future, DNV pointed out in the latest white paper.

UK’s Hydrogen Energy Association appoints new CEO
United Kingdom’s (UK’s) Hydrogen Energy Association (HEA) has appointed Emma Guthrie as its new Chief Executive Officer (CEO), marking a new chapter in its role in the hydrogen energy sector.

High demand brings TGS four acquisition projects offshore Norway
Norway-based energy data and intelligence company TGS has secured four 4D streamer contract acquisition projects offshore Norway, three in the North Sea and one in the Barents Sea. The North Sea campaign is set to start in early Q2 with back-to-back scheduling and a total duration of approximately 1

Keel laying marks official construction start of NKT’s second cable layer
Danish power cable manufacturer and installation company NKT has marked the official start of construction of its new cable-laying vessel (CLV) NKT Eleonora with the keel laying ceremony, some two months after the first steel was cut for the vessel. The official keel laying of NKT Eleonora took plac

Deputy Head of Research Unit at EU’s DG Energy: ‘Relying on targets and assuming jobs and growth will follow does not work’
Relying only on renewable energy targets and expecting the industry and economic growth would follow “does not work”, Mark van Stiphout, Deputy Head of Unit for Research, Innovation, Competitiveness and Digitalisation at European Commission’s DG Energy, said during a panel session about green growth