Outlook & Strategy

Jan De Nul puts world’s first all-electric launch and recovery system to test
MacArtney has delivered what it says is the world’s first all-electric launch and recovery system (eLARS) to Jan De Nul, supporting the company’s dedication to a sustainable energy transition. Jan De Nul utilized the eLARS on its offshore support vessel Symphony and the new cable trencher Swordfish.

LNG Croatia and SK E&S eye LNG and renewables collaboration
Zagreb-based LNG Croatia has signed a joint development agreement with Seoul-based SK E&S for possible cooperation in the field of the LNG industry, renewable energy sources and energy efficiency. LNG Croatia said the two companies will work together on projects for the efficiency of the LNG termina

Euronav lifts option for ammonia-ready VLCC
Belgian tanker major Euronav revealed that it had lifted the option for a second very large crude carrier (VLCC) newbuild. The option was available under a contract Euronav signed in August with CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC). The constr

CMB.TECH, DBR to build dual-fuel H2 gensets for marine applications
Belgium-based shipping and cleantech company CMB.TECH and Dutch full-service provider of power solutions DBR have partnered up to develop what is said to be the first dual-fuel hydrogen gensets for marine applications, aiming to accelerate the decarbonization of the maritime industry. DBR offers exp

Anchoring solutions provider selected for Ørsted’s USVs
Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for uncrewed surface vessels (USVs) for the world’s leading offshore wind developer Ørsted. The USVs will be used for offshore met-ocean measurement campaigns in the wind farm industry

EU backs Dutch hydrogen innovator Battolyser Systems with €40 million
Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production o

Damen gets class and flag state approval for methanol-fueled workboats
Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r

Study: Offshore gas pipelines can be reused for H2 transport before 2030
A study by Guidehouse and Enersea has shown that Noordgastransport (NGT) and NOGAT’s offshore infrastructure can be repurposed for hydrogen transportation before 2030 by rerouting certain gas fields, while still providing transportation services for current and future Dutch offshore natural gas. The

DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050
Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, D

Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV
DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

Greek TSO takes over the baton for EuroAsia Interconnector
EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that

Public consultation dates set for second Italy-Greece interconnector
Italian transmission system operator (TSO) Terna has scheduled public consultations in seven municipalities that will be affected by the construction of an interconnector that will be built between Italy and Greece. Terna is expected to invest €750 million in the GR.ITA 2 interconnector which will i

CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant
Iceland’s Carbon Recycling International (CRI) and China’s Jiangsu Sailboat Petrochemical have started up a CO2-to-methanol plant, marking a milestone in the global effort to boost the production of sustainable methanol. The opening ceremony took place on September 25, 2023, at the Shenghong Petroch

Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen
The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ