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Outlook & Strategy

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RWE and AM Green ink long-term ammonia supply deal
Outlook & Strategy

RWE and AM Green ink long-term ammonia supply deal

RWE Supply & Trading has signed a memorandum of understanding (MoU) with AM Green Ammonia (AMG), a subsidiary of AM Green Group, for the long-term supply of green ammonia.

about 2 years ago
Grimaldi Group
Outlook & Strategy

Grimaldi Group secures majority stake in Heraklion Port Authority, expanding footprint in the eastern Mediterranean

Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow

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about 2 years ago
An offshore platform with cranes surrounded by two vessels
Outlook & Strategy

Trinity’s takeover by Trinidadian firm pressing on as previous contender decides to step back

After the acquisition of UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, by Canada-based Touchstone Exploration was upheaved by a cash offer from a third player, Trinidad-headquartered Lease Operators, the new w

about 2 years ago
Poole Harbour, UK.
Outlook & Strategy

UK cosmetics company co-funds tidal energy project near its head office

LUSH Cosmetics, a UK-based cosmetics-sustainability leader, has partnered with Bournemouth University to co-fund a three-year PhD studentship aimed at exploring the development of a new tidal energy station in Poole Harbor, UK. If successful, the development of a 150 kWh tidal energy station in Pool

about 2 years ago
Joe Biden
Outlook & Strategy

US unlocks nearly $300 million for modernization of ferry systems

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.

about 2 years ago
Rovco and Vaarst's new brand makes €17.8M investment in its fleet
Outlook & Strategy

Rovco and Vaarst’s new brand makes €17.8M investment in its fleet

Beam, a new brand formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst, has added two autonomous surface vessels (ASVs) and an electric work-class remotely operated vehicle (ROV) to its fleet. Under the brand-new name, the companies aim to bring technol

about 2 years ago
Viking Line
Outlook & Strategy

The Baltic Sea’s first green freight corridor is here

Finnish shipping company Viking Line, compatriot road transportation company Scandic Trans and food business operator Orkla Suomi have launched a biofuel-powered scheduled freight service, opening the Baltic Sea’s first green freight corridor.

about 2 years ago
New alliance to work on offshore ammonia cracking solution
Outlook & Strategy

New alliance to work on offshore ammonia cracking solution

Amogy, HD KSOE, POSCO, Seoul National University (SNU) and ABS have partnered up to jointly explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel.

about 2 years ago
Ports of Stockholm
Outlook & Strategy

Sweden opens its ‘first’ onshore power facility for cruise ships

Ports of Stockholm has inaugurated ‘Sweden’s first’ onshore power connection for international cruise ships, improving the region’s position as a sustainable cruise traffic destination.

about 2 years ago
Intercargo
Outlook & Strategy

INTERCARGO pushes for urgent CII reforms at MEPC 82

Ahead of the Marine Environment Protection Committee’s (MEPC 82) session, the International Association of Dry Cargo Shipowners (INTERCARGO) has submitted a series of proposals to the International Maritime Organization (IMO), calling for revisions of the Carbon Intensity Indicator (CII). INTERCARGO

about 2 years ago
Seadrill targets enhanced managed pressure drilling ops with new collaboration
Outlook & Strategy

Seadrill targets enhanced managed pressure drilling ops with new collaboration

Bermuda-headquartered offshore drilling contractor Seadrill has established a strategic collaboration with Texas-headquartered Oil States International with the aim of “transforming” offshore drilling efficiency and safety by bringing managed pressure drilling (MPD) into mainstream operations. The n

about 2 years ago
Illustration; Source: Vallourec
Outlook & Strategy

Vallourec expands pipe coating services with acquisition of Brazillian firm

France’s tubular solutions provider Vallourec has entered into a definitive agreement with Mattr to acquire 100% of the shares in its subsidiary, Thermotite do Brasil, a provider of thermal insulation pipe coating services for the offshore oil and gas industry. Vallourec is acquiring Thermotite do B

about 2 years ago
Sembcorp eyes new renewables and green hydrogen collaboration
Outlook & Strategy

Sembcorp eyes new renewables and green hydrogen collaboration

Sembcorp Green Hydrogen India Private Limited is in discussions with Bharat Petroleum Corporation Limited (BPCL) to enter into a definitive joint venture agreement for renewable energy and green hydrogen projects across India.

about 2 years ago
Image of Scott Roy, new Renewables Director. Source: THREE60
Outlook & Strategy

THREE60 Energy names new Renewables Director from within

Aberdeen-based THREE60 Energy has appointed a new Renewables Director, Scott Roy, to support a just energy transition and help customers reach their Net Zero targets. Scott Roy will oversee the Aberdeen-based company’s strategic growth efforts across the company’s service lines. According to THREE60

about 2 years ago