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Outlook & Strategy

New platform that can ‘identify suspicious activities’ launches to safeguard on- and offshore cables

Denmark-headquartered power cable manufacturer and installation company NKT has launched an integrated monitoring platform to safeguard offshore and onshore cables and support their continuous operation by identifying and mitigating potential threats, including fishing accidents and deliberate damag

about 1 year ago

Outlook & Strategy

WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization

Both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets but the price gap between fossil and renewable fuels is the major barrier to making decarbonization a reality, new research published by the World Shipping Council (WSC) found.

about 1 year ago

Outlook & Strategy

WaveGen Energy completes its wave energy technology testing in India, eyes next steps

Renewable energy company WaveGen Energy has completed testing of its 200 W proof of concept (POC) at the National Institute of Technology Karnataka (NITK), demonstrating wave energy technology that could surpass current efficiency standards in the sector. According to WaveGen, its patented technolog

about 1 year ago

Outlook & Strategy

EuroHoldings completes spin-off from Euroseas

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, has completed its spin-off from shipowner and operator Euroseas.

about 1 year ago

Outlook & Strategy

Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in

A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea

about 1 year ago

Outlook & Strategy

Ricardo comes onboard Australian Hydrogen Council

Ricardo, a UK-based environmental and engineering consulting company, has joined the Australian Hydrogen Council (AHC), an industry body for hydrogen development in Australia, working to support the commercialization of hydrogen technologies.

about 1 year ago

Outlook & Strategy

Tesvolt Ocean joins global community of maritime battery enablers

Tesvolt Ocean, a joint venture between Tesvolt Maritime Solutions and Ocean Batteries, has become a member of the global community of maritime battery enablers, the Maritime Battery Forum (MBF).

about 1 year ago

Outlook & Strategy

Prysmian preferred supplier for planned 1 GW subsea cable between Singapore and Malaysia

Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sa

about 1 year ago

Fish population survey in Portugal to provide data for HiWave-5 and future installations

Outlook & Strategy

CorPower Ocean and NTNU join forces on AI-controlled wave energy tech

Swedish wave energy developer CorPower Ocean has secured funding from Sweden’s national innovation agency, Vinnova, to integrate artificial intelligence (AI) into its wave energy technology in collaboration with the Norwegian University of Science and Technology (NTNU). According to CorPower Ocean,

about 1 year ago

Outlook & Strategy

IMO moves to introduce global strategy for maritime digitalization

The International Maritime Organization (IMO) has set out to create a comprehensive strategy for maritime digitalization that will leverage emerging technologies to advance efficiency, safety, and sustainability.

about 1 year ago

Outlook & Strategy

Black & Veatch lands FEED contract for Verdagy’s 60 MW hydrogen project in Texas

Verdagy has selected Black & Veatch as the front-end engineering and design (FEED) contractor for its 60-megawatt (MW) clean hydrogen project near the Gulf Coast in Texas.

about 1 year ago

Outlook & Strategy

ESL Shipping and SSAB set sights on fossil-free shipping in renewed agreement

Finnish shipping company ESL Shipping and Sweden’s steelmaker SSAB have extended their long-term agreement for sustainable sea transport of SSAB’s inbound raw materials across the Baltic Sea and from the North Sea. As disclosed, the new contract also encompasses the transportation of SSAB’s fossil-f

about 1 year ago

Outlook & Strategy

Lomarlabs and Newlight to pilot hydrogen-diesel engine retrofits

Lomarlabs, an innovation arm of Lomar Shipping, has joined forces with technology company Newlight to pilot hydrogen-diesel engine retrofits and accelerate cost-effective, lower-emission solutions for maritime decarbonization.

about 1 year ago

Outlook & Strategy

DP World and Maersk pen long-term agreement to expand maritime services in Brazil

Dubai-based terminal operator DP World has signed a long-term strategic agreement with Danish shipping giant Maersk to expand maritime services at its terminal in the Port of Santos, Brazil.

about 1 year ago