Outlook & Strategy
PtX production of green fuels is possible on Bornholm, EU-funded study says
An EU-supported feasibility study, led by Port of Roenne and a number of local and national actors, including the Regional Municipality of Bornholm, Ramboll, Topsøe, Ørsted, BEOF and DTU, has revealed that there is a basis for producing green fuels on Bornholm, Denmark. The results came after a year
European Parliament nods ‘yes’ to increase the use of renewable energy
The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.
First UK-Germany energy link stays on track with construction ramping up
Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of
German partners shake hands for autonomous offshore wind surveys
German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection
UK: Offshore energy jobs could double by 2030 if successful transition from fossils to renewables is achieved
A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.
TotalEnergies launches call for tenders for green hydrogen supply
As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per
Laura Maersk is born: Ursula von der Leyen christens world’s 1st green containership
The world’s first containership powered by green methanol has officially been named in the picturesque city of Copenhagen, Denmark by the President of the European Commission Ursula von der Leyen. “I name you Laura Maersk! As you sail the waters of the world, may your journeys be smooth and your tas
OCI Global eyes increase in green methanol production capacity in U.S.
Dutch producer and distributor of hydrogen-based products OCI Global has revealed plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high-emissions industries, including shipping. Acc
Furetank, Algoma sign up for two more Vinga ships
Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have expanded their FureBear joint venture, launched a year ago, with the order for two additional Vinga-class vessels. The new order for Vinga series vessels grows the FureBear joint venture to a total of ten
Japanese power cable company pinpoints location for factory in Europe
Japan-headquartered Sumitomo Electric has chosen the location for its planned power cable factory in Scotland, announced earlier this year as part of the company’s goal of expanding its business in Europe. Sumitomo Electric announced in April the plans to establish a power cable factory in Scotland
A.P. Moller Holding-backed C2X to produce over 3 mln tonnes of green methanol by 2030
C2X, a new, independent company, backed by A.P. Moller Holding, the controlling shareholder of the A.P. Moller – Maersk, one of the world’s largest shipping and logistics companies, has unveiled plans to build large-scale green methanol production facilities. The move follows a successful fundraisin
Putin visits Zvezda complex, attends naming of Sovcomflot LNG carrier
Russia’s President Vladimir Putin has visited the Zvezda Shipbuilding Complex, located in Bolshoi Kamen, Primorsky Territory, taking part in the naming ceremony of two reinforced ice-class carriers. The first vessel, the shuttle tanker, built by the order of Rosnefteflot, was named after the Soviet
WATCH: World’s 1st methanol-powered containership reaches final destination
The world’s first container vessel powered by green methanol has arrived in Copenhagen after completing a 21,500 km maiden trip from Ulsan, South Korea. The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenha
Wärtsilä to equip world’s first methanol-fueled hybrid RoRo vessels
The world’s first methanol-fueled hybrid RoRo vessels, being built at the China Merchants Jinling Shipyard (Weihai) for the Swedish shipping company Stena RoRo, will use technology group Wärtsilä’s solutions. Specifically, Wärtsilä will supply an integrated hybrid propulsion system for the two vesse