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Outlook & Strategy

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IWSA reveals threefold increase in wind propulsion installations
Outlook & Strategy

IWSA reveals threefold increase in wind propulsion installations

There were forty-five vessels with wind propulsion technology installed on board in addition to ten wind-ready vessels by the end of July this year, the International Windship Association (IWSA) revealed.

about 2 years ago
Boskalis: 'Enormously multifunctional' survey vessel joins UAE subsidiary's fleet
Outlook & Strategy

Boskalis: ‘Enormously multifunctional’ survey vessel joins UAE subsidiary’s fleet

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Dutch offshore services giant Boskalis has expanded its fleet with the addition of a DP2 vessel for offshore geophysical and geotechnical surveys, which the company describes as relatively new and enormously multifunctional. The Horizon Zenith vessel is deployed by Boskalis’ UAE-headquartered subsid

about 2 years ago
norled
Outlook & Strategy

MTF explores hydrogen bunkering gaps as IMO prepares guidelines for safe ship design

The Maritime Technologies Forum (MTF) has published a new report offering guidelines and key safety considerations for developing liquefied hydrogen bunkering systems and procedures.

about 2 years ago
Two men standing behind a desk holding documents
Outlook & Strategy

Duo teams up on amplifying role of LNG across Asia’s energy mix

The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have inked a memorandum of understanding (MOU) to foster cooperation on natural gas development in Asia and explore the role of liquefied natural gas (LNG) in the energy transition.

about 2 years ago
Ireland-Wales interconnector nears trial operations as Sumitomo wraps it up
Outlook & Strategy

Ireland-UK interconnector nears trial operations as cable installation wraps up

Japan-headquartered Sumitomo Electric Industries has completed all onshore and offshore cable installation work for the Greenlink Interconnector between Ireland and the UK, with trial operations expected in the coming months. The project included the manufacture and installation of onshore HVDC cros

about 2 years ago
Haugesund
Outlook & Strategy

Norway’s Haugesund eyes emission-free autonomous city boat

Norway’s Haugesund municipality has signed a letter of intent with compatriot ferry operator Torghatten, zero-emission solutions supplier SEAM, and autonomy software firm Zeabuz for the research and development project ‘Emission-free autonomous city boat’.

about 2 years ago
Artist’s rendering of an LNG terminal on the coast featuring two jettys
Outlook & Strategy

US duo joins forces to develop new LNG terminal on Mexico’s Pacific coast

GFI LNG and Pilot LNG have teamed up to develop a small-scale LNG terminal in Mexico’s Salina Cruz on the Pacific side of the Panama Canal.

about 2 years ago
Methanol Institute
Outlook & Strategy

Methanol Institute gains consultative status at IMO to drive low-carbon shipping

Trade association Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO) as of August 21, 2024, allowing MI to contribute its expertise to the development of shipping regulations. Afforded to non-governmental, international organizations that de

about 2 years ago
KNCC teams up with COSCO to develop LCO2-EP carrier with direct injection offshore capability
Outlook & Strategy

KNCC teams up with COSCO to develop LCO2-EP carrier with direct injection offshore capability

Liquefied CO2 (LCO2) marine transportation company Knutsen NYK Carbon Carriers (KNCC) and China’s COSCO Shipping Heavy Industry have signed a joint study agreement to ensure market readiness and detail design development for LCO2 carriers. The joint study will include the LCO2 carrier based on KNCC’

about 2 years ago
Former CEO of Transocean JV takes the same role at Northern Ocean
Outlook & Strategy

Former CEO of Transocean JV takes the same role at Northern Ocean

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.

about 2 years ago
Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision
Outlook & Strategy

Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision

As Denmark is starting negotiations with Germany on the North Sea Energy Island, the proposed artificial energy island in the North Sea, the trade and employer association Danish Shipping is optimistic the possible agreement will bring the necessary infrastructure to support the association’s invest

about 2 years ago
ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia
Outlook & Strategy

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago
Stolt Tankers barge switches to 100% renewable fuel to underpin sustainability strategy
Outlook & Strategy

Stolt Tankers barge switches to 100% renewable fuel to underpin sustainability strategy

Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, has bunkered one of its barges with 100% renewable fuel for the first time, reaching a new milestone in its sustainability journey. The barge Stolt Main was bunkered with HVO100, a synthetic renewable die

about 2 years ago
WAPS
Outlook & Strategy

Shipping industry nears 100-installation milestone of wind propulsion systems

The application of WAPS across a variety of vessel types is nearing a tipping point with deployment likely to increase rapidly, LR said.

about 2 years ago