Outlook & Strategy

Seaturns launches wave energy demonstrator offshore France
French energy start-up Seaturns has deployed a scaled wave energy prototype at Ifremer’s sea trials site in Sainte-Anne du Portzic, near Brest.

Seismic campaign completed at Aker BP and OMV’s CCS license
Aker BP and OMV have completed the acquisition of a 3D seismic survey over their carbon capture and storage (CCS) license area in the Norwegian North Sea. Norwegian seismic company PGS with its vessel Ramform Atlas carried out the campaign over the Poseidon CCS license located approximately 100 kilo

With FID in place, first Dutch CO2 storage project cleared for take-off
The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s

Survey about to start for Scottish offshore link
Reach Subsea is set to begin a cable route seabed survey later this month for SSEN Transmission’s HVDC transmission link offshore Scotland. The survey activities will be carried out in the North Sea and Outer Moray Firth for the Spittal to Peterhead HVDC power cable. Survey vessel Viking Reach is ex

MYTILINEOS and SK E&S enter energy partnership
Greece’s MYTILINEOS Energy & Metal has signed a memorandum of understanding (MoU) with South Korean SK E&S to explore means of cooperation in the energy sector. Specifically, under the MoU, the companies agreed to cooperate in the following sectors: To note, MYTILINEOS is already a part of the Asian

ClassNK: 80 million gt of zero-emission ships needed annually by 2040 to meet IMO targets
The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, acco

Fugro opens geotechnical testing lab in Taiwan
Dutch geo-data specialist Fugro has opened a new geotechnical testing laboratory in Taiwan to cater to the offshore wind market and energy and infrastructure sectors. In 2020, Fugro established the Fugro IOVTEC joint venture with IOVTEC Co., Ltd. to support its business expansion in Taiwan’s offshor

UK decommissioning firm sets sight on CCUS projects
UK well decommissioning company Well-Safe Solutions is targeting carbon capture, usage and storage (CCUS) projects with the appointment of the company’s first energy transition manager. Well-Safe announced on 17 October that it is adding CCUS as well as geothermal project capabilities to its offerin

Maritime industry remains ‘easy target’ for cyber attacks as ransom payment demands skyrocket
The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveal

Alba Tankers joins forces with Seaber to cut emissions by maximizing fleet utilization
Denmark-based tanker owner and operator Alba Tankers has teamed up with Finnish maritime software company Seaber.io to optimize chartering and scheduling processes leading to increased efficiency as well as reduced emissions. Alba Tankers commercially operates chemical and oil tankers in the area of

Eagle LNG takes delivery of first LNGC from Anthony Veder
U.S.-based supply solutions provider Eagle LNG Partners has taken delivery of its first LNG carrier (LNGC), the Coral Favia, from Dutch gas shipping company Anthony Veder. The 10,000 cubic meter LNG supply vessel is said to be the first of a planned fleet from Eagle LNG offering LNG supply and bunke

New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026
The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i

Berge Bulk unveils ‘world’s most powerful’ sailing cargo ship
Dry bulk shipping company Berge Bulk has fitted its Newcastlemax bulker, Berge Olympus, with four BARTech WindWings by Yara Marine Technologies. The company said the retrofitting project makes Berge Olympus the world’s most powerful sailing cargo ship. With four WindWings installed, each possessing

Inditex teams up with Maersk to cut seaborne emissions
Global fashion giant Inditex, the parent company of renowned brands like Zara and Massimo Dutti, has joined forces with Maersk to reduce its carbon footprint in global seaborne logistics. The partnership aims to incorporate alternative, eco-friendly fuels into all inbound routes through Maersk’s ECO