Outlook & Strategy

Converter station suppliers selected for UK subsea electricity superhighway
National Grid Electricity Transmission (NGET) and SP Energy Networks have selected preferred grid suppliers for HVDC converter stations for the 2 GW Eastern Green Link 1 (EGL1) subsea electricity superhighway. The 525kV, £2.5 billion HVDC link will connect Torness in East Lothian, Scotland, to Hawth

Resen Waves puts company and tech on sale
Danish company Resen Waves is looking to sell the company or patent and know-how for its wave energy technology after 12 years of development.

Funding awarded for hydrogen-fuelled USV
SEA-KIT International has secured funding from the Zero Emissions Vessels and Infrastructure (ZEVI) competition to design and manufacture a hydrogen-fuelled uncrewed surface vessel (USV). The Zero Emissions Ports Hydrogen Refilling Survey Vessel (ZEPHR) project aims to extend vessel operation for po

Elogen and Valmax pen new electrolyzer supply deal
Elogen, a GTT group company, has signed a new contract with Valmax Technology, a system integrator for energy solutions in the hydrogen sector, to design and manufacture a proton exchange membrane (PEM) electrolyzer with a power of 2.5 MW. The electrolyzer, with a production capacity of up to 1 ton

MSC vows to acquire a 49% shareholding in Hamburg’s HHLA
A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container transport, and logistics group headquartered in

Avenir LNG awards Wilhelmsen with LNG bunker trio management
U.K.-based small-scale LNG company Avenir LNG has announced that Norway’s Wilhelmsen Ship Management will manage three of its LNG bunker vessels. The vessels awarded are Avenir Achievement, Avenir Ascension and Avenir Aspiration. They were previously managed by Hoegh LNG, one of three blue-chip shar

Maritime giants unite in methane abatement trial on Angelicoussis Group’s LNG carrier
Major maritime industry players led by Greek shipping company Maran Gas Maritime and Swiss-based climate tech firm Daphne Technology have joined forces on a methane abatement project involving one of Angelicoussis Group’s LNG carriers, the Maran Gas Chios. Under the project, Daphne Technology’s Slip

LR approves LNT Marine’s LNG A-BOX and Fuel-BOX systems
U.K.’s classification society Lloyd’s Register (LR) has awarded approval in principle (AiP) to Norwegian technology provider LNT Marine for its LNT A-BOX cargo containment system for medium to large-scale LNG carriers and the LNG Fuel-BOX fuel tank system. LNT Marine said the LNT A-BOX cargo contain

Owner of largest fleet of Seaeye Falcons orders more
Aberdeen-based Underwater Contracting (UCO), owner of the largest fleet of Saab UK’s Seaeye Falcons, has ordered a further six underwater vehicles to cater for contracts in renewables, oil & gas and aquaculture markets. The new order follows the award of major contracts in the aquaculture, renewable

Norway wants to see oil & gas and renewables ‘thriving’ side-by-side
The Norwegian Petroleum Directorate (NPD) has underlined the importance of the coexistence of multiple energy industries on the NCS.

C-LNG wins BV’s AiP for its ammonia fuel supply system
France-headquartered classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to Singapore-headquartered C-LNG for its ammonia low flash point fuel supply system (LFSS). The system was developed in cooperation with Swiss marine power company WinGD and is based on WinGD’s 6X

Danish power cable company secures long-term copper supplies
Denmark-headquartered NKT has signed a long-term contract with a European company for the supply of copper rod that will be used for cables destined for offshore wind projects. To secure the supply of copper for its production of power cables, NKT signed an agreement with Polish copper supplier KGHM

ABS and partners to collaborate on LCO2 carrier design
Classification society American Bureau of Shipping (ABS) has entered a joint industry project (JIP) with ECOLOG Services, Hanwha Ocean and Babcock International Liquid Gas Equipment (LGE) to work on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets

Hydrogen will be key enabler of energy transition, industry experts claim
At this year’s Gastech, an annual natural gas, LNG, hydrogen, low-carbon solutions and climate technologies event, held in Singapore, industry experts discussed how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy pro