Outlook & Strategy
Hitachi Energy gets preferred supplier status for UK’s longest HVDC link
SSEN Transmission and the UK National Grid have selected Hitachi Energy as the preferred technology provider for two HVDC converter stations to interconnect the Scottish and English power grids. The news comes a few days after the Switzerland-based company was selected to deliver the HVDC converter
Klaipeda LNG terminal assigns 6 TWh regasification capacity for 2024
Following the conclusion of the annual Klaipeda LNG terminal capacity allocation procedure by the Lithuanian LNG terminal operator Klaipedos Nafta (KN), the terminal’s 6 terawatt-hour (TWh) regasification capacity for the 2024 terminal gas year has been allocated to four customers from Lithuania and
Nexans’ new third-generation cable layer will be able to lay four cables at once
Nexans is investing in a new third-generation cable-laying vessel in order to, as the company says, support a record project backlog and meet future needs of offshore wind and interconnector projects. According to Nexans, building upon the cutting-edge technology featured on the flagship vessel Nexa
EU Council adopts FuelEU Maritime clearing the final adoption stage
The Council of the European Union has adopted the final rules on climate-neutral shipping as proposed in the FuelEU Maritime as a key part of the EU’s Fit for 55 package. The final hurdle was cleared on Tuesday putting virtually all pieces of the puzzle for regulating shipping’s climate impact into
Engie to boost decarbonization of sea transport
As part of the Grand Canal du Havre call for projects, through the conclusion of state titles, Haropa Port has awarded French utility company Engie 24 hectares (ha) of land for the development of a benchmark platform for alternative new industrial fuels embodied by the Salamandre and France KerEAUze
Fincantieri, RINA team up with newcleo to test feasibility of nuclear naval propulsion
newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applicati
Record high officer supply shortfall threatens manning costs, warns Drewry
Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by shipping consultancy Drewry. The 2023 officer availability gap has widened to a deficit equating to abo
300 jobs to be created as Irish company opens new USV facility
Ireland-based XOCEAN has opened a new technical center that will serve as a hub for the company’s fleet of uncrewed surface vessels (USVs). XOCEAN announced on 20 July the opening of the new facility near Carlingford, Co. Louth, as well as the creation of 300 new jobs as part of its strategic growth
Total Eren and Aliceco plan to build new e-fuel facility in Finland
TEH2, the hydrogen-dedicated subsidiary of Total Eren, and Aliceco Energy, a Finnish developer of large commercial-scale electrofuels facilities, have teamed up to develop electrofuel (e-fuel) facility for industrial sectors and the shipping industry. The partnership will see the two companies imple
Jones Bros nears completion of infrastructure works for Morlais tidal power scheme
North Wales-based company Jones Bros Civil Engineering has made progress on the construction of onshore infrastructure for the Morlais tidal energy project and is now on track to complete the works ahead of original schedule.
Wuhu Shipyard wins deal for methanol-powered chemical tankers
Chinese shipbuilder Wuhu Shipyard has signed a contract with RFOcean, a London-based alternative investment and commercial management firm focusing on the maritime industry, for the construction of four 6,600-ton methanol dual-fuel stainless steel chemical tankers. This series of ships represents an
Michelin’s WISAMO wing sail testing the waters on MN Pelican
Michelin’s Wing Sail Mobility (WISAMO) project has achieved a significant milestone with the completion of the installation of its wing sail on the MN Pélican, a container ship owned by Compagnie Maritime Nantaise – MN. The vessel has returned to sea since June, according to an update from WISAMO. T
With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria
Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.
QED Naval strengthens its tidal power team
Scottish marine energy company QED Naval has welcomed several new members to its team to further advance its tidal energy business and projects.