Outlook & Strategy

Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier
Provaris Energy has initiated a prototype tank testing program as a further step toward obtaining final Class Approval required for its hydrogen carrier and storage solutions. To this end, Provaris’ Norwegian subsidiary has hired Prodtex AS to construct and test a prototype hydrogen tank for its pro

NYK breaks new ground with its 1st ever wind-assisted propulsion installation
NYK Bulkship (Atlantic) N.V., a subsidiary of the NYK Group headquartered in Antwerp, Belgium, will introduce a wind-assisted ship-propulsion unit on one of its vessels currently under a long-term charter contract with Cargill International S.A., a prominent Swiss-based freight trader. The initiativ

In focus: European countries working shoulder to shoulder to curb climate change
With temperatures reaching all-time high all over the globe, it is difficult not to question whether we are doing enough to stop or even slow down global warming. But that did not interrupt the European energy players to make new deals and link up with each other to reap the benefits of the offshore

CEM adopts new initiative for scaling low-carbon fuel production
The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the

German Bundesrat adopts revised LNG Acceleration Act
German legislative body Bundesrat has approved the revised act to accelerate the use of liquefied natural gas (LNG Acceleration Act) to include forward-looking rules on energy supply and specify practical provisions on the sustainable, climate-neutral retrofitting of LNG terminals. The previous vers

Lhyfe’s work on ocean reoxygenation through H2 production advances
French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b

Eco Wave Power and partners discuss next steps for 2MW wave power plant in Greece
Eco Wave Power and its project partner Rogan Associates have conducted an official site visit to the Port of Heraklion in Greece to discuss the next steps for the planning of the 2MW wave energy project.

NKT preferred bidder for two Scottish offshore HVDC transmission links
SSEN Transmission, the transmission owner in the north of Scotland, has appointed NKT as the preferred bidder for the supply of power cable systems for two HVDC transmission links offshore Scotland. If confirmed, NKT will provide 525 kV XLPE HVDC power cable systems for the Western Isles and Spittal

Wavepiston finalizing preps to demonstrate wave energy and desalination system offshore Canary Islands
Danish company Wavepiston has made progress with its full-scale system that will soon be deployed offshore Canary Islands to demonstrate cost-efficient power production and desalination of seawater using wave energy.

LNG is cheaper than VLSFO, Sea Intelligence says
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee

Cargill trials automated data collection, robotic hull cleaning solutions
Swiss freight trader Cargill has completed two pilot projects with Safetytech Accelerator, a dedicated technology accelerator established by Lloyd’s Register, involving robotic hull cleaning solutions and automated data collection from ship machinery. The projects were selected as part of Safetytech

MSC Cruises says it will meet the 40 pct reduction target ahead of 2030
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has achieved a drop in carbon emissions intensity worth 33.5 percent since 2008, and is on track to achieve its 40 percent reduction target ahead of 2030, the company revealed in its sustainability report for 2022. “We continue to s

Canadian university acquires electric observation-class ROV
Houston-headquartered Forum Energy Technologies (FET) has delivered an electric observation-class remotely operated vehicle (ROV) to Canadian Memorial University of Newfoundland which can be used for renewable energy projects, among other things. Delivered to the Fisheries and Marine Institute, the