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Outlook & Strategy

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bunker
Outlook & Strategy

IMO midterm measures could add $100B per year to fleet bunker costs

The International Maritime Organization’s (IMO) recently agreed Net-Zero Framework is projected to add an 82% premium on top of the fleet bunker costs by 2035.

about 1 year ago
Elcogen and Casale eye joint green ammonia and PtX opportunities
Outlook & Strategy

Elcogen and Casale eye joint green ammonia and PtX opportunities

Estonian clean energy technology manufacturer Elcogen has entered into a non-exclusive memorandum of understanding (MoU) with Swiss industrial equipment supplier Casale to collaborate on green ammonia and other Power-to-X (P2X) projects.

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about 1 year ago
DP World and Asian Terminals’ $100M investment expands Manila South Harbor’s capacity
Outlook & Strategy

DP World and Asian Terminals’ $100M investment expands Manila South Harbor’s capacity

UAE-based logistics group DP World and Philippine port operator, developer, and investor Asian Terminals have invested approximately $100 million into the capacity expansion of the Manila South Harbor (MSH), the Philippines’ international trade gateway.

about 1 year ago
Study: Western Australia’s Mid West well-positioned for green energy exports to Europe
Outlook & Strategy

Study: Western Australia’s Mid West well-positioned for green energy exports to Europe

Western Australia (WA) is well-placed to export locally made green hydrogen and ammonia to Europe via Mid West, according to the Trilateral Hydrogen Hub (TrHyHub) feasibility study.

about 1 year ago
AD Ports
Outlook & Strategy

Combining industry, maritime transport and logistics, UAE and Egypt to develop East Port Said Industrial Zone

UAE-based port operator AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a 50-year renewable usufruct agreement to develop and operate a 20-square-kilometer industrial and logistics park near the Egyptian coastal city of Port Said on the Mediterranean Sea.

about 1 year ago
Port Esbjerg expands its capacity, unlocks opportunities in energy sector
Outlook & Strategy

Port Esbjerg expands its capacity, unlocks opportunities in energy sector

The fairway to Denmark’s Port Esbjerg has been fully deepened, enabling access for larger vessels, greater cargo volumes and new strategic opportunities in the energy and defense sectors.

about 1 year ago
OECD
Outlook & Strategy

OECD: Ocean economy sustains more than 100 million jobs

Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows.

about 1 year ago
Hazer and KBR partner to scale clean hydrogen technology
Outlook & Strategy

Hazer and KBR partner to scale clean hydrogen technology

Hazer and KBR have entered into a binding alliance agreement to commercialize and license Hazer’s proprietary methane pyrolysis technology.

about 1 year ago
Carnegie sets sights on deploying CETO wave energy tech in Alaska
Outlook & Strategy

Carnegie sets sights on deploying CETO wave energy tech in Alaska

Australia’s wave energy developer Carnegie Clean Energy has signed a memorandum of understanding (MoU) with Chugachmiut, an Alaska Native tribal consortium, to explore the development of CETO projects in Southcentral Alaska.

about 1 year ago
Illustration; Source: TotalEnergies
Outlook & Strategy

TotalEnergies adopts LR OneOcean’s technology to reduce vessel emissions

TotalEnergies has entered a partnership with Lloyd’s Register OneOcean to deploy the latter’s advanced route optimization technology across its shipping operations.

about 1 year ago
Stillstrom comes onboard Maritime Battery Forum
Outlook & Strategy

Stillstrom comes onboard Maritime Battery Forum

The Maritime Battery Forum (MBF) has welcomed Stillstrom as its newest member.

about 1 year ago
Another $1.25B win for Subsea7 at Petrobras' deepwater field
Outlook & Strategy

Another $1.25B win for Subsea7 at Petrobras’ deepwater field

Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas giant Petrobras for a field located at 2,000 meters of water depth off the coast of Rio de Janeiro. Under the contract defined as “super-major”, Subsea7’s scope includes engineering, procurement, fabrication, installati

about 1 year ago
Shipping emissions can drop over 95% by 2050 with policy support, report says
Outlook & Strategy

Shipping emissions can drop over 95% by 2050 with policy support, report says

International shipping can reach zero or very near zero tank-to-wake (TTW) CO2 emissions by 2050, and achieve 95%+ reductions in well-to-wake (WTW) greenhouse gas (GHG) emissions from 2018 levels, in scenarios aligned to a 1.5°C global temperature goal, according to a report from ERM, UMAS and UCL,

about 1 year ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Outlook & Strategy

Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to b

15 minutes read