Outlook & Strategy
Mabanaft and Hapag-Lloyd strike B30 biofuel supply deal
Germany’s energy company Mabanaft has concluded an agreement with compatriot shipping major Hapag-Lloyd for the supply of B30 biofuel in Hamburg.
Hydrogen Council elects new board members
The Hydrogen Council, a global coalition of CEOs with a united vision and long-term ambition for hydrogen, has appointed Masdar, Siemens Energy, and Yara Clean Ammonia as its newest Board members.
Philippines and Mærsk Mc-Kinney Møller Center unite to develop green shipping corridors
The government of the Philippines has partnered up with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) to develop green shipping corridors in the country.
Russian ‘shadow fleet’ tanker sinks, another runs aground in Kerch Strait
Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground.
As Switzerland adopts national hydrogen strategy, Axpo and partners launch new production plant
Switzerland’s Federal Council adopted the national hydrogen strategy the same day that Axpo and its partners broke ground on the site of a new hydrogen production plant to be constructed by H2Uri.
Argeo nets five-year site investigation agreement with TotalEnergies, extensions possible
Norway’s subsea services provider Argeo has entered into a five-year agreement, with potential for an additional two years, with France’s energy giant TotalEnergies for offshore site investigation services. The two companies established a global framework agreement on legal terms and conditions (FAL
Poseidon Principles: Global shipping finance portfolio nears alignment with 2050 net zero goals
Prompted by the continued growth of climate transparency from financial institutions, the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonization trajectories set by the International Maritime Organization (IMO), aiming to remove emissions from internationa
Changes in ownership follow Höegh Evi’s rebranding
Funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of energy infrastructure solutions provider Höegh Evi, from funds managed by Morgan Stanley Infrastructure Partners (MSIP).
Greek duo to test hydrogen transport through high-pressure offshore pipelines
Corinth Pipeworks partnered with IGI Poseidon to assess the transportation of hydrogen through high-pressure offshore pipelines.
New H2Med Corridor alliance to advance European hydrogen single market
Companies from France, Germany, Portugal and Spain have created an alliance for the H2Med Southwestern Hydrogen Corridor to advance the European hydrogen single market by connecting hydrogen production, storage and consumption projects.
Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman
Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, and thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, have signed a memorandum of understanding (MoU) to work together in supporting the growing green hydrogen sector in Oman, with
Subsea7 orders steel pipes from Greek company for two North Sea projects
Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un
‘Blind underwater’: Energy industry needed to improve North Sea seabed security, OEEC panel says
Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs
Nordic-Baltic Hydrogen Corridor project moves forward
Gas transmission system operators (TSOs) of Finland, Estonia, Latvia, Lithuania, Poland and Germany are starting the feasibility studies on the Nordic-Baltic Hydrogen Corridor (NBHC).