Outlook & Strategy
‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman
Collaboration between Belgium and Oman has been strengthened with a new memorandum of understanding (MoU) signed by the Belgian Hydrogen Council and Hydrom.
LNG as marine fuel: Fast-maturing but still in early stages, SEA-LNG found
Despite the fact that it is maturing faster than other alternative fuels, LNG and the pathway to net zero is still in its adolescence as more investment in this segment is needed, industry coalition SEA-LNG has noted. SEA-LNG highlighted that the approximately 2,200 LNG-fuelled vessels and LNG carri
DNV spotlights strategies for cutting FuelEU Maritime compliance costs
While compliance with upcoming regulations will be expensive, applying certain strategies and measures can significantly reduce the cost, according to a new white paper from classification society DNV.
Global Ship Lease to purchase four Post-Panamax ECO boxships for $274 million
London-based containership owner Global Ship Lease (GSL) has penned a deal to purchase four high-reefer ECO 9,115 TEU containerships for an aggregate purchase price of $274 million. According to London-based data provider VesselsValue, the boxships were built by the Philippines-based Hanjin Subic sh
ABL Group to acquire Brazilian engineering firm to advance its capabilities
Norway’s ABL Group has entered into an agreement to acquire Proper Marine, a Brazilian naval architecture and engineering consultancy, with the aim of bolstering its design and engineering capabilities. According to ABL Group, the acquired company will integrate with the Norwegian company’s existin
Liquid Wind eyes expansion of e-fuel plants beyond Europe with new collaboration
Liquid Wind signed a collaboration agreement with SAMSUNG E&A to accelerate the development of e-fuel projects beyond Europe, in Asia, Africa, and the Middle East.
New CEO takes the reins at Imenco Future Technologies
Norway-based Imenco Future Technologies has appointed Daniele Petrone as its new CEO, effective December 1, 2024, taking the reins from Alan Buchan, who will retire by the end of June 2025. According to Imenco, Petrone’s career includes over 20 years of experience in the offshore and subsea industri
Nordic Roadmap: Immediate government action needed to close fuel transition cost gap
The Nordic Roadmap project has unpacked the Fuel Transition Roadmap for Nordic Shipping, a “comprehensive” report that urges Nordic ministers to take immediate action to support the maritime industry in achieving its environmental goals by closing the cost gap associated with the fuel transition. As
GIZ and RP Global to work on hydrogen and ammonia projects in Argentina
As part of BMWK’s H2Uppp, GIZ and RP Global will work on green hydrogen and green ammonia projects in Argentina that could be used for domestic demand and be exported to Europe and Germany.
Ports of Tyne and IJmuiden kick off Green North Sea Shipping Corridor project
UK’s Port of Tyne and the Port of IJmuiden in Amsterdam have officially launched the Green North Sea Shipping Corridor project.
Topsoe to support Forestal del Atlántico’s e-methanol project in Spain
Spanish shipping and chemicals company Forestal del Atlántico has chosen Danish technology company Topsoe as a technology provider and engineering partner for the e-methanol project Triskelion, located in Galicia, Spain.
CMA CGM and Shanghai International Port complete 100th SIMOPS LNG bunkering
French shipping major CMA CGM and China’s Shanghai International Port (Group) have completed the 100th simultaneous operation (SIMOPS) LNG bunkering at the Shanghai Yangshan terminal.
Second European Hydrogen Bank auction with €1.2 billion budget is officially open
The European Commission (EC) has officially opened the second auction under the European Hydrogen Bank.
Equinor opens call for buyers to offtake low-carbon hydrogen from H2M Eemshaven project
Equinor launched its first Hydrogen Open Season, inviting parties to express interest in purchasing low-carbon hydrogen from project in Eemshaven.