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Outlook & Strategy

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Ian Crossland and Stefan Marx standing next to each other
Outlook & Strategy

Mocean Energy and SubCtech to test coupling wave and solar energy with batteries for subsea applications

Scottish wave energy company Mocean Energy and German subsea and marine technology company, SubCtech, have signed a memorandum of understanding (MoU) to explore how wave and solar energy can be coupled with batteries to deliver low-carbon solutions for a range of subsea technologies. The two compani

about 2 years ago
VARD starts building another Prysmian cable-layer
Outlook & Strategy

VARD starts building its third Prysmian cable-layer

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Norwegian ship designer and shipbuilder VARD has kicked off the construction of its third cable-laying vessel (CLV) for Italian cabling giant Prysmian with a steel-cutting ceremony at its shipyard in Tulcea, Romania. According to VARD, the new vessel is the evolution of the Leonardo da Vinci / Monna

about 2 years ago
Illustration; Courtesy of Inpex
Outlook & Strategy

JOGMEC awards Metropolitan area CCS value chain project to Japanese trio

Inpex, Nippon Steel and Kanto Natural Gas Development have concluded a consignment contract with JOGMEC regarding the Metropolitan area CCS project.

about 2 years ago
CMB.TECH’s JV launches new hydrogen engine R&D center in Japan
Outlook & Strategy

CMB.TECH’s JV launches new hydrogen engine R&D center in Japan

JPNH₂YDRO, a joint venture (JV) formed by Belgian shipowner CMB.TECH and Japanese companies Tsuneishi and Kambara Kisen, has launched a new research & development (R&D) center in Japan to advance hydrogen development. The official ceremony to inaugurate the new Hydrogen Engine R&D Center was held on

about 2 years ago
LR: Widespread biofuel adoption in shipping hindered by feedstock availability and competition demand
Outlook & Strategy

LR: Widespread biofuel adoption in shipping hindered by feedstock availability and competition demand

The widespread adoption of biofuels as a drop-in replacement for fossil fuels and a cost-effective way of meeting tightening regulations in the shipping industry hinges on overcoming challenges such as feedstock availability and demand competition from other transport sectors, Lloyd’s Register (LR)

about 2 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean Energy Europe expands board of directors

Ocean Energy Europe (OEE), a network of ocean energy professionals, has appointed two new members to its Board of Directors. One appointee comes from Spiralis Energy, a London-based tidal energy start-up, and the other from EDF, a French energy giant. Emmanuel Bouyge, Director of Innovation Project

about 2 years ago
Christiania Shipping to enrich fleet with 13 stainless steel chemical carriers through new acquisition
Outlook & Strategy

Christiania Shipping to enrich fleet with 13 stainless steel chemical carriers through new acquisition

Christiania Shipping, a specialized chemical ship-owning and chartering company, has set its sights on becoming the preferred infrastructure partner for the transport of small-scale chemicals in Europe through the acquisition of NAVQUIM Holding, an owner and operator of stainless steel chemical carr

about 2 years ago
Longship orders up to eight eco-friendly vessels in Netherlands
Outlook & Strategy

Longship orders up to eight eco-friendly vessels in Netherlands

The Netherlands-based shortsea ship operator and logistics company Longship has ordered a series of four 6,000 dwt vessels, with an option for four additional ships.

about 2 years ago
Maritime non-profit MPSF
Outlook & Strategy

DNV partners with MPSF to advance sustainability and decarbonization

In a move to bolster maritime sustainability, Norway-based classification society DNV and the Mumbai Port Sustainability Foundation (MPSF), a non-profit entity under the Mumbai Port Authority, have signed a Memorandum of Understanding (MoU), aiming to advance decarbonization, digitalization, and emi

about 2 years ago
Carnegie's CETO wave energy converter
Outlook & Strategy

Lloyd’s Register to start certification process of Carnegie’s CETO wave energy converter

Marine classification society, Lloyd’s Register, has been contracted by Australian wave energy developer, Carnegie Clean Energy, to begin the certification process for CETO, a fully submerged point absorber wave energy converter (WEC). Lloyd’s Register will assess Carnegie’s CETO WEC according to IE

about 2 years ago
Institutes from Korea and Sweden ink maritime research collaboration deal
Outlook & Strategy

Institutes from Korea and Sweden ink maritime research collaboration deal

Korea Research Institute of Ships & Ocean Engineering (KRISO) and Research Institutes of Sweden (RISE) have signed a memorandum of understanding (MoU) on cooperation in the maritime research area.

about 2 years ago
DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable
Outlook & Strategy

DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable

Faced with challenges such as short supplies of carbon-neutral fuels, the shipping industry needs to explore every option for reducing fuel consumption in order to reach the 2030 decarbonization goal of 20% emissions reductions set by the International Maritime Organization (IMO), Norwegian classifi

about 2 years ago
Compressed hydrogen is energy-efficient supply chain, Provaris’ study says
Outlook & Strategy

Compressed hydrogen is energy-efficient supply chain, Provaris’ study says

Provaris Energy has completed a concept design study that, according to the company, reaffirms the low energy use and low capital of its compressed hydrogen supply chain for regional marine transport of hydrogen in gaseous form.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Outlook & Strategy

Eco Wave Power and Shell advance wave energy project at Port of Los Angeles

Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t

about 2 years ago