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Outlook & Strategy

Germany accelerates climate-friendly shipping game

Germany’s government has unveiled the National Action Plan for Climate-Friendly Shipping to boost investments centered around maritime energy transition for the German industry.

about 2 years ago

UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Saba

Outlook & Strategy

Two companies seal deal to boost Sabah’s commercial diving ops

UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Sabah, Malaysia. The agreement, signed by PETRODIVE’s CEO, Stéphane Troté, and Seatech’s Managing Direc

about 2 years ago

Outlook & Strategy

LR: Fuel quality continues to be ‘critical issue’ for shipping industry

Ongoing concerns around fuel quality are still a critical factor and significant expense for the maritime industry, class society Lloyd’s Register (LR) said in a new report.

about 2 years ago

Outlook & Strategy

UK Chamber of Shipping charts a $915 million course to net zero in new budget proposal

The UK Chamber of Shipping has published a roadmap laying out the ways shipping in the UK could reach net-zero emissions by 2050 with a proposed plan for £700 million (circa $915.5 million) worth of investments in the upcoming Budget as part of efforts to aid the country in becoming a clean and ecol

about 2 years ago

Outlook & Strategy

Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago

Outlook & Strategy

‘First concrete results’ in sight for green hydrogen project in Atlantic area ports

Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort

about 2 years ago

Outlook & Strategy

Masdar allies with Norwegian companies on renewables and green hydrogen

Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.

about 2 years ago

WaveRoller, a white and blue wave energy converter in the sea

Outlook & Strategy

International consortium launches wave energy pilot to conquer tech challenges for large-scale farms

The Ondas de Peniche (ONDEP) project has launched as a consortium of major players gathered in Brussels, Belgium, to kick off the wave energy pilot farm. This initiative, aimed at harnessing wave energy for scalable solutions across Europe, includes consortium members such as Queen’s University Bel

about 2 years ago

Outlook & Strategy

New UK-Singapore partnership to boost green and digital shipping

UK’s Imperial College London and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at advancing innovations in zero-carbon shipping and achieving net-zero port emissions to support the decarbonization of the maritime sector.

about 2 years ago

Cameron McNatt, Mocean Energy Managing Director and Davis Larssen, Proserv CEO.

Outlook & Strategy

Wave, solar, and battery tech intertwining for greener subsea ops as Mocean Energy joins forces with UK firm to fast-track offshore decarbonization

Scottish wave energy company Mocean Energy and Aberdeen-based controls specialist Proserv have signed a memorandum of understanding (MoU) to accelerate the shift to low-carbon solutions for underwater operations. The duo aims to replace traditional umbilical power cables with a renewable-powered al

about 2 years ago

Outlook & Strategy

Norway tweaking 2025 national budget to fit Equinor offshore projects’ cost overruns

Norway’s Ministry of Energy has listed the status of 13 projects, either under development or recently completed, out of 19 operated by the Norwegian state-owned energy giant Equinor in the country’s proposed budget for next year.

about 2 years ago

Outlook & Strategy

MEPC 82 brings net-zero framework closer to reality as crucial 2025 session approaches

Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it

about 2 years ago

Outlook & Strategy

Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service

Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t

about 2 years ago

Outlook & Strategy

Plug Power’s electrolyzer supply deal with AGA nears completion

Plug Power has signed a binding framework agreement with Allied Green Ammonia (AGA) to finalize a supply agreement for three gigawatts (GW) of electrolyzer capacity to AGA’s green hydrogen to ammonia plant in Australia.

about 2 years ago