Outlook & Strategy

Spain bankrolls APM Terminals Barcelona’s electrification pilot project
The Government of Spain, via the Moves Singular Projects II Programme, has granted EUR 3.9 million ($4.28 million) to APM Terminals Barcelona to finance part of a pilot project for the electrification of the container handling equipment operating at the terminal. The Moves Singular Projects II Progr

EC approves €246 million Dutch renewable hydrogen scheme
The European Commission (EC) has approved a €246 million Dutch scheme to support the production of renewable hydrogen and the construction of at least 60 MW electrolysis capacity. The measure aims to contribute to the development of renewable hydrogen in line with the objectives of the EU Hydrogen S

Dynagas FSRU reaches Bremerhaven to prepare for Stade LNG job
According to Hanseatic Energy Hub (HEH), the floating LNG terminal Transgas Force has arrived in Bremerhaven, Germany, and is now being prepared for the energy port in Stade. HEH announced the news on its social media, noting that the FSRU, chartered by the German government, is an important buildin

CMA CGM turns to Wärtsilä for methanol-fuelled auxiliary engines
Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the French shipping company CMA CGM. The engines have been ordered for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. The order was booked by Wärtsilä in Q2

DeepOcean charters newbuild USV with hybrid diesel-electric propulsion
DeepOcean is chartering a newbuild unmanned surface vessel (USV) which will be used for subsea inspection, maintenance and repair (IMR) and survey work in the offshore renewables and oil & gas industries. DeepOcean entered into a long-term charter agreement with USV AS, a joint venture company estab

Fugro performs another fully remote survey for TAQA
Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and gas operator TAQA Group. Fugro completed its first fully remote offshore integrity inspections campaign in the North Sea for TAQA Netherlands at the beginning of the year using the Fugro Orca Blue Es

Welsh research project deploys sonar on tidal energy converter
Underwater active sonar technology has been deployed on the Magallanes Renovables’ ATIR tidal energy converter as part of Menter Môn’s Marine Characterization Research Project (MCRP).

Svanehøj sees growing number of LPG tankers adding ammonia to cargo list
Amidst a shifting landscape in the quest for carbon neutrality, shipowners worldwide are now gearing up to embrace the anticipated demand growth for ammonia, with multiple tankers slated to incorporate ammonia in their cargo list. Svanehøj, a Danish-based pump manufacturer, has witnessed a remarkabl

Thailand’s energy major joins ‘wave power for subsea equipment’ scheme
Thailand’s state energy company PTTEP has joined the Renewables for Subsea Power (RSP) collaborative project which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.

Spanish firm begins another survey for first UK-Germany energy link
An environmental survey is about to commence on the UK side of an interconnector that will link the UK and Germany for the first time. Spain’s Geociencias y Exploraciones Marítimas (GEM) will perform a survey of the route for the installation of the NeuConnect Interconnector, nominally 705 kilometer

OCI Global to supply X-Press Feeders with green methanol after Maersk success
Dutch producer and distributor of hydrogen-based products OCI Global will supply Singapore-based shipping company X-Press Feeders with OCI HyFuels green methanol for their new-build methanol dual-fueled common feeder ships. OCI Global said that this was the first green methanol deal with a feeder co

TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023
TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2% increase compared to Q1 2023 and a 113.4% increase compared to the same period in 2022. Records were set for the company’s iEPCI full-field subsea development and integrated project execution and Sub

Safe Bulkers welcomes 4th newbuild, advances eco upgrades
Monaco-based dry bulk shipping company Safe Bulkers has taken delivery of MV Climate Justice, a GHG Phase 3-NOX Tier III compliant Post-Panamax vessel. The 87,300 dwt bulker, sailing under the Cyprus flag, was built by Oshima Shipbuilding from Japan and is classed by DNV. The newbuild is fitted with

Sailing community leaps towards greener future as first hydrogen-run coach boat hits water
At the 2023 World Sailing Championships in The Hague, Netherlands, Dutch sailing organization Watersportverbond will introduce its first-ever emission-free, hydrogen-powered coach boat, the H2C Boat. According to German electric drive system provider Torqeedo, the boat, equipped with its Deep Blue e