Outlook & Strategy
Noatum consolidates its position in Spain with APM Terminals Castellón acquisition
Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón in Spain for a total purchase consideration of € 10 million. The agreement, which was reached with APM Terminals, has obtained all regulatory and stakeholder approvals and the
Floating solar demonstrator launches in the Canary Islands
Norwegian company Ocean Sun and its partners have launched an offshore floating solar demonstrator in La Palma, Spain. The BOOST (Bringing Offshore Ocean Sun to the global market) floating solar demonstrator uses Ocean Sun’s patented floating solar photovoltaics (FPV) technology and marks the final
Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs
French maritime firm Louis Dreyfus Armateurs (LDA) has inked a construction contract with Chinese CSSC Wuchang Shipbuilding Industry Group for three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. The construction of the vessels has been commissioned by Airbus as part o
World’s largest interconnector begins operating
The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has
2023 in review: A transformative year for shipping and maritime
In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf
2024 offshore drilling outlook: Westwood’s top three predictions for rig market
Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.
Shipping industry can cut emissions by progressive adoption of green steel, analysis shows
Nearly 800MtCO2 can be reduced by progressively switching to steel with lower embodied CO₂ emissions, equivalent to one year of international shipping’s operational emissions, a new analysis by UMAS and Lloyd’s Register Maritime Decarbonisation Hub shows.
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
Software technology company DIMATE is making its way into the clean energy services industry, including carbon capture and hydrogen, with its PACS (picture archiving and communication system) solution for end-to-end digitization of test processes on safety-relevant components with integration into c
Energy outlook: Is gas and LNG growth freeze on the cards in 2024?
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
2023 state of energy in review: Gas and green shift as centerpieces of future mix
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
GAC Germany to open office in Stade as it readies for LNG vessel surge
GAC Germany, a provider of shipping and logistics services in Northern Europe and a subsidiary of the UAE-based Gulf Agency Company (GAC), is set to open a new office in Stade on January 1, 2024.
IAPH President: Ports should not compete but collaborate to ensure infrastructure for green fuels
Jens Meier, President of the International Association of Ports and Harbors (IAPH) and CEO of Hamburg Port Authority has called on ports to actively collaborate on knowledge sharing between themselves and the maritime community to accelerate decarbonization.
45 yards included in the renewed EU list of ship recycling facilities
The European Commission adopted the 12th edition of the European List of ship recycling facilities featuring 45 yards. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list. These include Leyal Gemi Söküm Sanayi ve Ticaret Lt
PosHydon project nearing first hydrogen production, Neptune Energy says
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia