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Outlook & Strategy

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Korean firm gets financial support for US subsea cable factory
Outlook & Strategy

Korean firm gets $99 million boost for US subsea cable factory

South Korean cable manufacturer LS Cable & System has received financial support from the U.S. Department of Energy (DOE) for its high-voltage submarine power cable factory in the U.S. LS GreenLink USA, a wholly-owned subsidiary of LS C&S, plans to build a manufacturing facility to produce high-volt

about 2 years ago
AET brings in Singfar’s LNG dual-fuel Aframax duo on long-term charter
Outlook & Strategy

AET brings in Singfar’s LNG dual-fuel Aframax duo on long-term charter

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AET, a petroleum arm of MISC, is advancing its fleet rejuvenation efforts with a new long-term charter for two LNG dual-fuel Aframaxes.

about 2 years ago
Topsoe to build electrolyzer factory for clean hydrogen in US
Outlook & Strategy

Topsoe to build electrolyzer factory for clean hydrogen in US

Topsoe has chosen Virginia, U.S., to build a new factory that will manufacture SOECs for the production of clean hydrogen and derivatives like eAmmonia and eMethanol.

about 2 years ago
Equinor starts FEED work for low-carbon hydrogen project in Netherlands
Outlook & Strategy

Equinor starts FEED work for low-carbon hydrogen project in Netherlands

Equinor and Linde have started the front-end engineering design (FEED) of their joint investment in the H2M Eemshaven low-carbon hydrogen project in the Netherlands.

about 2 years ago
Klaipeda LNG terminal; Source: KN Energies
Outlook & Strategy

Trio joins hands to boost seafarers’ FSRU and LNG carrier servicing skills

KN Energies, the Lithuanian Maritime Academy, and Hoegh LNG Klaipėda have inked a deal to enhance LNG carrier and FSRU servicing skills.

about 2 years ago
Prysmian's new Chief Executive Officer (CEO) and General Manager to be, Massimo Battaini.
Outlook & Strategy

New CEO takes over as Prysmian sets up new organizational structure

On April 18, 2024, after the shareholders’ meeting, the Italian cabling giant Prysman has confirmed its new Chief Executive Officer (CEO) and General Manager to be Massimo Battaini.

about 2 years ago
New agreements to solidify Spain and Netherlands’ hydrogen connection
Outlook & Strategy

New agreements to solidify Spain and Netherlands’ hydrogen connection

Port of Amsterdam, together with international partners, has signed two agreements on green hydrogen and hydrogen derivatives. Additionally, Evos signed an MoU with Cepsa to explore hydrogen export out of the south of Spain to Amsterdam.

about 2 years ago
Ulsan Port
Outlook & Strategy

Ulsan Port Authority, Pacific Environment join forces to decarbonize ports

South Korea’s Ulsan Port Authority (UPA) has signed a memorandum of understanding (MOU) with Pacific Environment (PE), an international environmental organization, to accelerate the transformation of shipping ports into eco-friendly ones.

about 2 years ago
World’s longest interconnector officially launched
Outlook & Strategy

World’s longest interconnector officially launched

Deemed the world’s largest interconnector, Viking Link, connecting the UK and Denmark, has officially been inaugurated. The £1.7 billion Viking Link, which started operating on December 29, 2023, has a capacity of 1.4 GW and stretches for 475 miles under land and sea, joining the Bicker Fen substati

about 2 years ago
JERA and ReNew team up on ammonia production in India
Outlook & Strategy

JERA and ReNew team up on ammonia production in India

JERA has concluded an agreement with ReNew E-Fuels, a subsidiary of ReNew Energy Global, to jointly develop a green ammonia production project in India.

about 2 years ago
Australia
Outlook & Strategy

Australia, Singapore embark on $20M initiative to reduce maritime emissions

Australia and Singapore have partnered on a $20 million initiative to help reduce emissions in the maritime sector.

about 2 years ago
KBR’s ammonia technology selected for Fortescue’s energy project in Norway
Outlook & Strategy

KBR’s ammonia technology selected for Fortescue’s energy project in Norway

KBR has signed a contract to provide its green ammonia technology K-GreeN for Fortescue’s Holmaneset green energy project in Norway.

about 2 years ago
WSC
Outlook & Strategy

WSC urges EU to work with industry on shipping’s net-zero journey

The World Shipping Council (WSC), the united voice of liner shipping, has called on the European Union to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path to net-zero shipping by 2050 in partnership with industry.

about 2 years ago
Japanese duo eyes hydrogen purification system from ammonia cracking gas
Outlook & Strategy

Japanese duo eyes hydrogen purification system from ammonia cracking gas

MHI and NGK will jointly develop a hydrogen purification system that uses membrane separation to purify from hydrogen-nitrogen mixture gas after ammonia cracking.

about 2 years ago