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Outlook & Strategy

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Photo showing Oneka Technologies' wave-powered desalination buoy (Courtesy of Oneka Technologies)
Outlook & Strategy

Wave-powered desalination to support Chile’s industrial water needs

Canadian Wave-powered desalination innovator Oneka Technologies and Chile-based Asfalcom have signed a memorandum of understanding (MoU) to deploy wave-powered desalination technology at Asfalcom’s production facility in Chile, marking a first for industrial water users in South America. According t

about 1 year ago
UK’s center for low-carbon technologies Cenex joins Maritime Battery Forum
Outlook & Strategy

UK’s center for low-carbon technologies Cenex joins Maritime Battery Forum

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Cenex, the UK’s center of excellence for low carbon and fuel cell technologies, has joined the Maritime Battery Forum (MBF), a community that aims to promote new and efficient energy storage technologies in the maritime industry.

about 1 year ago
SENAI CIMATEC, in partnership with Shell Brasil, Petrobras, and Sonardyne, has inaugurated the world’s first production plant for on-demand ocean bottom nodes (OD OBN).
Outlook & Strategy

Industry majors launch ‘world’s first’ on-demand OBN production plant

SENAI CIMATEC, in partnership with Shell Brasil, Petrobras, and Sonardyne, has inaugurated the world’s first production plant for on-demand ocean bottom nodes (OD OBN), a seismic technology poised to revolutionize oil reservoir management, particularly in Brazil’s pre-salt region. Located at SENAI C

about 1 year ago
Madoqua-led coalition formalizes Portugal-Northern Europe green fuels corridor initiative
Outlook & Strategy

Madoqua-led coalition formalizes Portugal-Northern Europe green fuels corridor initiative

Renewable energy developer Madoqua and its industry partners have formalized plans to operationalize a green fuels corridor connecting Portugal with Northern Europe.

about 1 year ago
CSET sets up new entity focused on LPG shipping and hydrogen
Outlook & Strategy

CSET sets up new entity focused on LPG shipping and hydrogen

China’s tanker major COSCO Shipping Energy Transportation (CSET) has established a new subsidiary centered around LPG fleet development and hydrogen-based new energy business.

about 1 year ago
UK’s first ever carbon storage becoming a reality, first injection expected in 2027
Outlook & Strategy

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago
Large-scale North Sea CO2 storage gallops ahead as Danish project reaches FID
Outlook & Strategy

EU’s first full-scale CO2 storage facility gallops ahead as Danish project reaches FID

The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On

about 1 year ago
UK subsea firm eyes growth as part of new investment deal
Outlook & Strategy

UK subsea firm eyes growth with new majority shareholder

UK-headquartered Subsea Technology & Rentals (STR) has entered into an investment deal with STAR Capital Partnership as part of its growth strategy. STAR Capital Partnership has become STR’s new majority shareholder, with the investment set to enable the UK firm to further evolve its equipment and s

about 1 year ago
The Dutch Marine Energy Centre (DMEC) has unveiled a market report outlining the growth potential of tidal and wave energy in Europe, among other technologies.
Outlook & Strategy

DMEC models forecast tidal and wave energy growth in Europe

The Dutch Marine Energy Centre (DMEC) has unveiled a market report forecasting that tidal and wave energy could anchor Europe’s green transition and bring billions in market value by 2050, however, there are certain challenges that need to be surpassed for them to reach their potential. Leveraging h

about 1 year ago
VTTI gauging interest in ammonia storage and cracking capacity at Rotterdam and Antwerp terminals
Outlook & Strategy

VTTI gauging interest in ammonia storage and cracking capacity at Rotterdam and Antwerp terminals

The Netherlands-based energy infrastructure firm VTTI has launched an open season for ammonia storage and ammonia cracking capacity at its terminals in Rotterdam and Antwerp.

about 1 year ago
UK's National Subsea Centre bags grant to develop decommissioning AI-demonstrator
Outlook & Strategy

UK’s National Subsea Centre bags grant to develop decommissioning AI-demonstrator

The UK’s National Subsea Centre (NSC) and PlanSea, a spin-out company from Robert Gordon University (RGU), have secured a grant to develop a subsea decommissioning optimization software demonstrator with artificial intelligence (AI) technology. The partners, which have collaborated for many years to

about 1 year ago
Glander, SK Trading fix B24 biofuel supply in Singapore
Outlook & Strategy

Glander, SK Trading fix B24 biofuel supply in Singapore

Glander International Bunkering, in collaboration with SK Trading, has arranged a supply of B24 biofuel in Singapore.

about 1 year ago
BYD
Outlook & Strategy

China’s EV giant BYD takes delivery of another dual-fuel car carrier

China’s BYD, ‘the world’s largest’ plug-in hybrid electric vehicle manufacturer, recently took delivery of its second LNG dual-fuel car carrier.

about 1 year ago
Inna Braverman Founder and CEO of Eco Wave Power and Idit Silman, Minister of Environmental Protection, Yaron Klein- CEO of Atarim, Ayalon Vaniche, CEO of EDF Renewables IL, Ron Huldai Mayor of Tel Av
Outlook & Strategy

Middle East’s first grid-connected wave energy array goes live

Wave energy developer Eco Wave Power and EDF Renewables have unveiled what is said to be the Middle East’s first grid-connected wave energy power station at Jaffa Port. According to Eco Wave Power, the installation, now operational, has begun exporting clean electricity to the national grid under a

about 1 year ago