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Outlook & Strategy

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FuelEU
Outlook & Strategy

FuelEU Maritime: More expense or €250M gain for shipping?

Instead of acting solely as a cost driver, the FuelEU Maritime regulation could create a net financial gain, potentially around €250 million, according to a recent analysis by maritime data and compliance firm OceanScore.

about 1 year ago
€1B cable facility at Port of Tyne turning into reality as consultation starts
Outlook & Strategy

€1B cable factory at Port of Tyne turning into reality as consultation starts

LS Eco Advanced Cables (LSEAC), a joint venture between Global InterConnection Group (GIG) and one of the subsidiaries of LS Group, a Korean cable manufacturer, has launched a five-week public consultation on plans for a £923 million subsea and onshore cable facility at the Port of Tyne in the UK. T

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about 1 year ago
C40 Cities
Outlook & Strategy

LNG dual-fuel vessels offer faster payback than methanol and ammonia, says SEA-LNG

Investments in LNG dual-fuel vessels offer shipowners a shorter payback period than methanol, ammonia, or VLSFO, a new analysis from industry coalition SEA-LNG has found.

about 1 year ago
Illustration/CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower Ocean to deploy 5 MW wave energy array at EMEC by 2029

Swedish wave energy developer CorPower Ocean has signed a berth agreement to develop a 5 MW wave energy array at the European Marine Energy Centre (EMEC) in Orkney, Scotland. According to CorPower Ocean, the project is expected to become the UK’s largest wave energy installation. Scheduled for deplo

about 1 year ago
BNQ and CSA Group introduce new standard for hydrogen production and carbon intensity
Outlook & Strategy

BNQ and CSA Group introduce new standard for hydrogen production and carbon intensity

Bureau de normalisation du Québec (BNQ) and CSA Group have published the ‘Joint Canada-U.S. National Standard’ – a methodology for reporting the production pathway and carbon intensity of hydrogen.

about 1 year ago
Rendering of Louisiana LNG terminal
Outlook & Strategy

Aramco eyes joining Woodside’s recently okayed US LNG project

Australia’s energy giant Woodside Energy has signed a non-binding collaboration agreement with Saudi Arabia’s energy heavyweight Aramco to explore global opportunities.

about 1 year ago
The dynamic subsea power export cable for the HKN1 offshore solar project at the Hollandse Kust Noord (HKN) offshore wind farm, the first of its kind connected to an offshore wind grid, has been teste
Outlook & Strategy

Cable milestone reached for world-first offshore solar-wind integration at HKN1

The dynamic subsea power export cable for the HKN1 offshore solar project at the Hollandse Kust Noord (HKN) offshore wind farm, the first of its kind connected to an offshore wind grid, has been tested and delivered. Oceans of Energy and CrossWindHKN confirmed the completion of the factory acceptanc

about 1 year ago
NSWC Carderock – Maneuvering and Seakeeping Basin (MASK) - one of TEAMER network facilities (Courtesy of TEAMER)
Outlook & Strategy

$2.3 million awarded in TEAMER’s 15th call for marine energy testing

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 17 marine energy projects through its fifteenth request for technical support (RFTS), allocating over $2.3 million in assistance. Technical support recipients (TSRs) will gain access to numerical modeling,

about 1 year ago
Sovcomflot
Outlook & Strategy

Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry

The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain.

about 1 year ago
Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s F
Outlook & Strategy

Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm

Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s Fengmiao 1 offshore wind project. According to Seatools, the wind farm will use jacket-type foundatio

about 1 year ago
Damen and Alfa Laval to deepen cooperation on maritime energy efficiency
Outlook & Strategy

Damen and Alfa Laval to deepen cooperation on maritime energy efficiency

Damen Shiprepair and Alfa Laval Benelux have signed a memorandum of understanding (MoU) to intensify their cooperation on energy efficiency in the maritime industry.

about 1 year ago
MeyGen (SAE Renewables)
Outlook & Strategy

New report outlines pathway to scaling up Scotland’s tidal energy sector

A new report from the European Marine Energy Centre (EMEC) calls for coordinated regulatory reform to unlock Scotland’s tidal energy potential while addressing environmental concerns over harbour seals. According to EMEC, the new report published today, May 13, Managing the Consenting Risk of Harbou

about 1 year ago
CEVA launches new low-carbon ocean freight service
Outlook & Strategy

CEVA launches new low-carbon ocean freight service

CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight.

about 1 year ago
Karpowership unit invests in green hydrogen solutions for maritime industry
Outlook & Strategy

Karpowership unit invests in green hydrogen solutions for maritime industry

Kinetics, a new company launched by Turkiye’s Karpowership specializing in floating LNG assets and renewable energy, has made a strategic investment in Power to Hydrogen, a U.S.-based manufacturer of anion exchange membrane (AEM) electrolyzers, to support innovation and decarbonization in the energy

about 1 year ago