Outlook & Strategy

Odfjell joins Achilles Maritime Network, raising total fleet to over 1,500 vessels
In a move that could strengthen the push for sustainability in maritime, Norwegian shipping company Odfjell has recently joined the UK-based supply chain risk management solutions provider Achilles’ digital platform dubbed the Achilles Maritime Network, bringing the total number of vessels within th

IRENA: Renewable hydrogen sector to potentially reshape global energy trade
The renewable hydrogen sector could play a crucial role in reshaping global energy trade, creating opportunities for new players, including developing countries, a new IRENA report found.

New industry platform zeroes in on clean maritime fuels uptake in Europe
Maritime associations and interest groups including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope, and Methanol Institute have established a new Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers. Representa

Repsol awards five-year integrity management contract to Norwegian firm
Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields. The contract covers engineering tasks and inspections at Repsol Norge’s topside facilities and subsea installations/pipelines in the Yme, Rev, an

SSE and EET Hydrogen ally on green hydrogen production project in UK
SSE and EET Hydrogen have begun development work on a new green hydrogen production project at the Stanlow Manufacturing Complex in Ellesmere Port in Cheshire, England, UK.

Draghi Report: EU needs to secure shipping’s competitiveness by scaling up clean fuel production
Significant investments in green transition are needed for European shipping to remain competitive, a new report found.

Van Oord’s new, hybrid cable layer ready for its first offshore wind project
Van Oord’s new, next-generation cable-laying vessel (CLV) is getting ready for its first project with the pick up of inter-array cables destined for a UK offshore wind farm. Calypso, Van Oord’s second CLV which will mostly be used for installing inter-array and export cables for offshore wind projec

European Union backs South Africa’s hydrogen agenda with €32 million
The European Union has committed R628 million (approximately €32 million) in grants to promote the sustainable development of green hydrogen value chains in South Africa.

Hydrocell picks Genevos fuel cell solution for first hydrogen passenger vessel in Venice
Italy-based hydrogen powertrain specialist Hydrocell has selected Genevos, a French specialist in hydrogen and fuel cell power systems integration for the maritime sector, to provide a fuel cell solution for the first hydrogen-powered passenger vessel in Venice. The collaboration, announced during t

Denmark’s CO2 storage pilot project paves the way for large-scale CCS
The consortium partners behind Project Greensand have submitted the final report for the CO2 storage pilot project, paving the way for the development of large-scale carbon capture and storage (CCS) in Denmark. Project Greensand marked a world first on March 8, 2023, with the first-ever injection of

AtoB@C, EFO turn to renewable fuels in new initiative
AtoB@C Shipping, a Swedish subsidiary of shipping company ESL Shipping, and EFO, a joint venture of compatriot energy companies, have committed to a set of measures to reduce carbon dioxide emissions from their sea transports.

AIDA Cruises pressing on with biofuel trials on a quest to find fuel mix of future
German cruise line AIDA Cruises, part of Carnival Corporation, has refueled its Hyperion-class cruise ship AIDAprima with 100% renewable Bio Marine Fuel (BMF100) as part of a pilot project to evaluate the fuel performance in regular ship operations for potential future use. The BMF100 sustainable bi

ABL Group comes onboard AquaVentus offshore wind-to-hydrogen initiative
Energy and marine consultancy ABL Group has joined AquaVentus, a project aiming to develop 10 GW of green hydrogen capacity from offshore wind in the North Sea by 2035. AquaVentus initiative aims to produce one million tonnes of green hydrogen per year from wind energy in the North Sea and transport

Gas TSOs conclude pre-feasibility study on Nordic-Baltic Hydrogen Corridor
Gas transmission system operators (TSOs) of Finland, Estonia, Latvia, Lithuania, Poland and Germany have completed a pre-feasibility study on the Nordic-Baltic Hydrogen Corridor (NBHC).