Outlook & Strategy

Equinor starts FEED work for low-carbon hydrogen project in Netherlands
Equinor and Linde have started the front-end engineering design (FEED) of their joint investment in the H2M Eemshaven low-carbon hydrogen project in the Netherlands.

Trio joins hands to boost seafarers’ FSRU and LNG carrier servicing skills
KN Energies, the Lithuanian Maritime Academy, and Hoegh LNG Klaipėda have inked a deal to enhance LNG carrier and FSRU servicing skills.

New CEO takes over as Prysmian sets up new organizational structure
On April 18, 2024, after the shareholders’ meeting, the Italian cabling giant Prysman has confirmed its new Chief Executive Officer (CEO) and General Manager to be Massimo Battaini.

New agreements to solidify Spain and Netherlands’ hydrogen connection
Port of Amsterdam, together with international partners, has signed two agreements on green hydrogen and hydrogen derivatives. Additionally, Evos signed an MoU with Cepsa to explore hydrogen export out of the south of Spain to Amsterdam.

World’s longest interconnector officially launched
Deemed the world’s largest interconnector, Viking Link, connecting the UK and Denmark, has officially been inaugurated. The £1.7 billion Viking Link, which started operating on December 29, 2023, has a capacity of 1.4 GW and stretches for 475 miles under land and sea, joining the Bicker Fen substati

KBR’s ammonia technology selected for Fortescue’s energy project in Norway
KBR has signed a contract to provide its green ammonia technology K-GreeN for Fortescue’s Holmaneset green energy project in Norway.

WSC urges EU to work with industry on shipping’s net-zero journey
The World Shipping Council (WSC), the united voice of liner shipping, has called on the European Union to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path to net-zero shipping by 2050 in partnership with industry.

DFDS-H2 Energy study takes a deep dive into hydrogen ecosystem for RoRo
Danish ferry and logistics company DFDS and Switzerland-based hydrogen specialist H2 Energy have published a new hydrogen propulsion feasibility study covering the main aspects of a complete hydrogen ecosystem for the roll-on/roll-off (RoRo) ferry Magnolia Seaways on the Esbjerg-Immingham-Esbjerg ro

Norwegian seismic duo receives local clearance for merger
Norwegian seismic companies PGS and TGS have received clearance from the Norwegian Competition for their merger. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine the two firms and create a strong full-service energy data company. The companies’ shareholders

ORE Catapult CEO resigns after 12 years, search for new chief underway
“Andrew has led ORE Catapult from its very beginnings, building it into a world-leading research and innovation organisation, respected and admired globally and delivering huge impact,” said ORE Catapult Chair, Ronnie Bonnar.

Wallenius Wilhelmsen to intensify decarbonization efforts as it joins First Movers Coalition
Norwegian shipping and logistic company Wallenius Wilhelmsen has joined the First Movers Coalition, the world’s largest public-private partnership working to scale the most critical, emerging climate technologies required to decarbonize the world’s heavy-emitting sectors.

Hapag-Lloyd wins ZEMBA tender
Germany’s container shipping major Hapag-Lloyd has won the first tender launched by Zero Emission Maritime Buyers Alliance (ZEMBA). Starting in 2025, it will deliver greenhouse gas emissions reduction of over 90% as compared to fossil fuel service to ZEMBA members.

Maritime book and claim system to help decarbonize global shipping
RMI and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) will collaborate with the Zero Emission Maritime Buyers Alliance (ZEMBA) and Hapag-Lloyd to pilot a Maritime Book and Claim System for tracking and decoupling greenhouse gas (GHG) emissions from ocean transport services.

Carnegie’s wave energy converter step closer to deployment at BiMEP
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has achieved a milestone as part of the ACHIEVE project, coming one step closer to deploying its CETO wave energy converter in the Basque Country, Spain. CWEI passed the EuropeWave Authorisation to Proceed (ATP) mil