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Outlook & Strategy

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Norwegians to build 'first of its kind' energy subsea construction vessel
Outlook & Strategy

Norwegians to build ‘first of its kind’ energy subsea construction vessel

Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R

about 2 years ago
Finland’s Hamina LNG terminal hosts first-ever ship bunkering
Outlook & Strategy

Finland’s Hamina LNG terminal hosts first-ever ship bunkering

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Hamina LNG terminal, located in Southeastern Finland, at the port of Hamina (Baltic Sea), has, for the first time ever, served as a ship bunkering site.

about 2 years ago
Wärtsilä
Outlook & Strategy

EU ETS and FuelEU Maritime to close price gap between green and fossil fuels, report finds

Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Finnish technology group Wärtsilä.

about 2 years ago
Germany and Namibia agree to bolster hydrogen partnership
Outlook & Strategy

Germany and Namibia agree to bolster hydrogen partnership

German Federal Minister of Economics Robert Habeck and Namibia’s Energy Minister Tom Alweendo have agreed to deepen the countries’ hydrogen partnership.

about 2 years ago
Irish company gets patent in India for its hydrokinetic turbine
Outlook & Strategy

Irish company gets patent in India for its hydrokinetic turbine

Ireland-headquartered GKinetic Energy has secured a patent in India for its hydrokinetic turbine, representing the tenth patent awarded to the company. GKinetic announced it had a patent granted in India covering its accelerator and water turbine assembly design. Indian Patent No. 508411 is said to

about 2 years ago
Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation
Outlook & Strategy

Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation

SEFE and Oman LNG have finalized a sale and purchase agreement (SPA) for 0.4 million tonnes per annum (mtpa) of LNG.

about 2 years ago
Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the op
Outlook & Strategy

Equinor contracts Optime Subsea for ROCS deployment at Irpa field

Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the operator’s Irpa field. Equinor’s latest award follows just three months after the company procured ROC

about 2 years ago
GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Outlook & Strategy

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
UK's 2 GW subsea electricity superhighway first to progress through Ofgem's fast-track process
Outlook & Strategy

2 GW subsea electricity superhighway first to progress through Ofgem’s fast-track process

UK energy market regulator Ofgem has selected a 2 GW high-voltage direct current (HVDC) subsea cable as the first project to proceed under the new fast-track process and to receive a provisional £2 billion funding package. Eastern Green Link 1 (EGL1) is being developed by National Grid Electricity T

about 2 years ago
RWE’s plans for green hydrogen production in Teesside gain ground
Outlook & Strategy

RWE’s plans for green hydrogen production in Teesside gain ground

RWE is advancing plans for Teesside green hydrogen plant with the acquisition of a land option at Wilton International.

about 2 years ago
GTT bags new LNGC and VLEC tank design order
Outlook & Strategy

GTT bags new LNGC and VLEC tank design order

GTT has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two LNGCs and a VLEC.

about 2 years ago
Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner
Outlook & Strategy

SKF joins Ocean Energy Europe as lead partner

Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne

about 2 years ago
Panama
Outlook & Strategy

It’s time for the rise of Global South in maritime decarbonization

So far, maritime decarbonization has been focused almost solely on the Global North rather than the Global South. In order to enable a just and equitable energy transition, policy makers and other maritime stakeholders would need to ensure that countries in the Global South are not omitted. This cou

about 2 years ago
Amogy and Green Ships sign ‘groundbreaking’ contract for ammonia power solution
Outlook & Strategy

Amogy and Green Ships sign ‘groundbreaking’ contract for ammonia power solution

Amogy and Green Ships Invest signed a commercial contract to deploy Amogy’s technology on carbon-free electrical platform supply vessels.

about 2 years ago