Outlook & Strategy

SeaVolt partners set to launch offshore solar platform in the North Sea
SeaVolt project partners, which include Tractebel, DEME, and Jan De Nul, are making final preparations to install its first offshore solar energy test platform in the Belgian North Sea.

Work starts on first-ever UK-Germany energy link
Construction has begun on the €2.8 billion NeuConnect project, the first-ever energy link between the UK and Germany. Since the financial close that was completed in July 2022, a range of site surveys and archaeological activities have been carried out, allowing construction work to now begin in the

WATCH: Meyer Turku unveils captivating video of engine installation on methanol-ready Mein Schiff 7
The construction of the methanol-ready Mein Schiff 7 cruise ship, being built for TUI Cruises at Finnish shipbuilding company Meyer Turku, has reached a landmark feat with the installation of main engines. The engines are being provided by Finnish technology company Wärtsilä and the ship will have a

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda
A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.

Nexans wins €1.43 billion contract for EuroAsia Interconnector
Nexans has secured the turnkey contract valued at €1.43 billion for the Cyprus – Greece section of the EuroAsia Interconnector that will connect the grids of Greece, Israel and Cyprus. The 525kV HVDC cable will have a bi-pole length of 2×900 kilometers and will run across the Mediterranean Sea floor

MAN to develop methanol retrofit solutions for medium-speed marine engines
MAN Energy Solutions is about to start developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The three-year research project, ‘CliNeR-ECo’, is funded by the German Federal Ministry for Economic Affairs and Climate

EU and global partners reinforce efforts to reduce methane emissions across LNG value chain
The European Commission (EC), Japan, the United States (U.S.), the Republic of Korea and Australia have signed a joint statement which reinforces their efforts towards the reduction of methane emissions arising across the values chain of LNG, from production to consumption. The joint statement by EC

Subsea link to Orkney gets approval, unlocking ‘world’s greatest resources of renewable electricity’
UK energy regulator Ofgem has given its final approval of need for SSEN Transmission’s plans to provide a subsea electricity transmission link to Orkney. The Orkney transmission link will enable the connection of up to 220 MW of new renewable electricity and will consist of a new substation at Fins

France: SEM-REV 2.0 test site wraps up offshore infrastructure upgrades
SEM-REV 2.0, a test site for marine renewable energies offshore France, has completed the installation of cables and connectors on the subsea hub, enabling the upgraded site to connect new renewable energy technology prototypes.

UK and Denmark electrically connected as Prysmian installs Viking Link subsea cable
The last section of the submarine cable for the Viking Link has been installed in the North Sea, making the UK and Denmark now fully electrically connected. This last section, laid and assembled on the seabed on 13 July, was installed 172 kilometers off the Danish coast in German and Dutch waters an

Finnlines takes delivery of 1st hybrid Superstar Ro-Pax vessel
Finnsirius, the first of two hybrid ro-pax vessels, was delivered to freight and passenger shipping company Finnlines at the China Merchants Jinling Shipyard in Weihai, China, on 18 July 2023. Finnsirius will start operating on the Naantali–Långnäs–Kapellskär route in September 2023. The second vess

IMO appoints new Secretary-General
The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assembly’s approval. The decision was cast via

EU and Uruguay firm up renewable energy and hydrogen cooperation
The European Union and Uruguay have agreed to boost their cooperation in pursuing the energy transition with renewable energy, energy efficiency and renewable hydrogen in focus. To this end, EU Commissioner for Energy Kadri Simson and Uruguay’s Minister for Foreign Affairs Francisco Bustillo Bonasso

LR identifies stumbling blocks for widespread adoption of methanol as marine fuel
As the shipping industry is seeing increased interest in methanol as a marine fuel, a new report from Lloyd’s Register (LR) has found pricing, availability and carbon accounting to be the main obstacles to its widespread adoption. The report called “Fuel for Thought: Methanol” has identifed that the