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Digitalization is one of the growing decarbonization trends, which helps curb the vessels' greenhouse gas (GHG) emissions footprint; Source: Opsealog

Outlook & Strategy

Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions

France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.

12 minutes read

Outlook & Strategy

CSSC, CMB.TECH join forces on green-fueled ships, low-carbon technologies

Qingdao Beihai Shipbuilding Heavy Industry (BSIC), part of China State Shipbuilding Corporation (CSSC) has signed a strategic cooperation agreement with CMB.TECH and held a naming ceremony for two bulkers being built for the Belgium-based shipowner.

about 2 years ago

Hail and Ghasha mega gas development concept; Source: ADNOC

Outlook & Strategy

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 2 years ago

€24 million investment comes in, €80 million on the table for UK’s first HVDC cable factory

Outlook & Strategy

€24M investment comes in, €80M on the table for UK’s first HVDC cable factory

UK-based XLCC, founded in 2020, has secured £20 million (almost €24 million) from the UK Infrastructure Bank (UKIB) that will be invested in the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland, with an option for a further £67 million (approximately €80.3 millio

about 2 years ago

Outlook & Strategy

Navigating change: FuelEU, EU ETS could propel bio- and e-methanol into the marine fuel spotlight

The EU’s FuelEU Maritime and the EU Emissions Trading System (EU ETS) could create a level playing field for bio- and e-methanol, making eco-friendly fuels economically competitive compared to fossil marine fuels, a new white paper by the trade association Methanol Institute suggests. With significa

about 2 years ago

Outlook & Strategy

Norway’s TECO 2030 sets sights on becoming global technology provider

Norway-based cleantech company TECO 2030 has decided to make a strategic shift from manufacturing fuel cells in Norway to positioning the company as a global technology provider by offering licensing agreements to international partners. TECO explained that this decision reflects its commitment to g

about 2 years ago

Milestone in for hybrid cable lay & construction vessel set for Japan's offshore wind

Outlook & Strategy

Keel laid for Japan-bound hybrid cable lay & construction vessel

Norwegian ship designer and shipbuilder VARD has held the keel laying ceremony for what is said to be a highly customized hybrid power cable lay and construction vessel that will serve the Japanese offshore wind market. VARD is building the vessel for Toyo Construction, a Japanese general constructi

about 2 years ago

Outlook & Strategy

Hyundai Glovis, BYD join forces on car shipping, logistics

South Korean logistics company Hyundai Glovis, part of the Hyundai Motor Group, has signed a memorandum of understanding (MoU) with BYD, China’s largest electric vehicle manufacturer, to cooperate on logistics and finished vehicle maritime transportation.

about 2 years ago

Outlook & Strategy

JERA and POSCO looking into low-carbon fuel value chains

JERA has concluded a joint collaboration agreement with POSCO International to realize low-carbon fuel value chains.

about 2 years ago

Outlook & Strategy

European shipowners: Shipping should be given ‘priority access’ to clean fuels

Reflecting on the recently published Draghi report, European Community Shipowners’ Associations (ECSA) have presented in a position paper their recommendations to support the uptake of clean fuels in shipping.

about 2 years ago

Outlook & Strategy

MPCC continues fleet renewal, secures new charter contracts

MPCC is continuing its fleet renewal with the acquirement of four 3,800 TEU wide beam eco-design vessels at a total price of $180 million. Separately, the company has agreed on new 24-26-month charter contracts for vessels AS Anne and AS Pamela.

about 2 years ago

Outlook & Strategy

Regulatory framework is vital for accelerated adoption of MASS, new report says

The widespread adoption of maritime autonomous surface ships (MASS) into global shipping hinges on a ‘robust’ regulatory framework and a ‘human-centric’ international collaboration, a new joint report by UK-based classification society Lloyd’s Register and Japan’s shipping giant Mitsui O.S.K. Lines

about 2 years ago

Outlook & Strategy

Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman

Oman’s logistics provider Asyad Group has signed a joint study agreement with OQ Alternative Energy and Sumitomo Corporation Middle East FZE to look into the potential of establishing Oman as a global low-carbon fuel bunkering hub. The agreement is said to mark a ‘pioneering step’ in promoting susta

about 2 years ago

Outlook & Strategy

CLdN seals order for 10 new fuel-efficient container carriers in a ‘decisive step’ to expand into LoLo segment

Luxembourg-based shipping group CLdN has firmed up an order for ten newbuild fuel-efficient load-on / load-off (LoLo) container vessels as part of its expansion in the LoLo segment within its container carrier fleet. The new ships will be built by HD Hyundai Mipo in Ulsan, South Korea, and have a ca

about 2 years ago