Outlook & Strategy

Jan De Nul orders world’s largest cable-laying vessel from China
Jan De Nul has placed an order for an extra-large cable-laying vessel (CLV) at China’s CMHI Haimen shipyard, which, with its cable-carrying capacity of 28,000 tonnes, is said to be the world’s largest. Named Fleeming Jenkin, the CLV will be equipped with three cable carousels, two mounted on deck an

In focus: Advanced economies should pave the net-zero way as bolder action is needed
Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

Welsh government starts assessing applications for tidal lagoon challenge
The Welsh government has started the review of 10 applications received from more than 20 organizations as part of its €860,000 (£750,000) Tidal Lagoon Challenge.

Hutchison Ports YANTIAN kicks off 1st green shipment for ZTE
Hutchison Ports YANTIAN hosted a ceremony on Thursday, September 28, for the inaugural green marine shipment for ZTE Corporation. The cargo, transported via rail from Changsha, Hunan province, has now been loaded onto Hapag-Lloyd’s 24,000-TEU dual-fuel vessel Berlin Express en route to the Port of R

HydroQuest launches crowdfunding campaign to support tidal energy activities
French tidal energy company HydroQuest has launched a crowdfunding campaign, targeting €1.5 million to meet the objectives of a major FloWatt tidal energy project.

Crown Estate and Crown Estate Scotland forge seabed data alliance
Crown Estate Scotland and the Crown Estate have forged a partnership to collect and share data that will provide a more comprehensive and integrated understanding of the UK’s seabed. The new arrangement is said to benefit its many users, the natural environment, and expedite the sustainable deployme

Louis Dreyfus Armateurs picks vessel for bound4blue eSAILs installation
French maritime firm Louis Dreyfus Armateurs (LDA) has decided to install bound4blue eSAILs® on its ro-ro ship Ville de Bordeaux. Three 22-metre-high eSAILs® will be fitted to the Ville de Bordeaux ahead of a six-month performance monitoring period starting in early 2024. The Ville de Bordeaux is ch

Eco Wave Power cuts interim net loss
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.

WindWing-fitted Pyxis Ocean docks in Paranaguá
Pyxis Ocean, the world’s first large ship fitted with WindWings, metal sails that harness the power of the wind to reduce fuel consumption and carbon emissions, arrived at the Port of Paranaguá, Brazil. The bulker, which emits 30% less carbon dioxide compared to conventional ships, embarked on its m

SIMEC Atlantis swings to half-year profit
SIMEC Atlantis Energy has recorded a profit before tax of €5.2 million (£4.5million) for the first six months of fiscal 2023, as opposed to the loss of €9.9 million (£8.6 million) filed for the same period a year earlier.

Enagás closes deal to acquire 10% stake in Germany’s HEH
Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner

Greece and Saudi Arabia lay foundation for development of electricity interconnector
Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the

UNCTAD: Up $28 bln extra required to decarbonize shipping
While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship

Sunfire’s SOEC produces first hydrogen at RWE’s site in Lingen
The GET H2 TransHyDE joint project, based in Lingen, Germany, has reached a milestone with hydrogen produced for the first time on the site of the RWE gas-fired power plant in Emsland (KEM) using a high-temperature solid oxide electrolyzer (SOEC) from Sunfire. The electrolyzer, which is installed in