Outlook & Strategy
Oman sees signing of two new green hydrogen project agreements
Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro
Scottish firm gets financial push to grow offshore renewables offering
Orkney-based Green Marine has secured financing from Siemens Financial Services (SFS) with the aim of growing its offshore renewables offering. Green Marine stated that it was seeing a rapid growth opportunity driven by a massive increase in global interest in green energy sources and many businesse
K+S, Swire Bulk team up on decarbonization
German chemical company K+S Aktiengesellschaft (K+S) and Swire Bulk have entered into a formal partnership to develop decarbonization solutions as they forge forward with efforts to decarbonize their operations and cut greenhouse gas emissions in the maritime supply chain. The partnership builds upo
Mysterious shipowner picks Amogy’s ammonia-to-power tech as primary power for a newbuild
Brooklyn-based technology startup Amogy has inked a pre-order contract for the supply of four of Amogy’s 200 kW ammonia-to-power systems with an undisclosed ‘renowned’ Norwegian shipping company. Amogy said that the newbuild vessel will be outfitted with a total of 800 kW of Amogy powerpacks, adding
If UK bans new oil & gas exploration licences, what energy games are left to be played?
Is the saga about the Labour Party’s plans for the UK’s oil and gas industry reaching a softer stance while plans for renewables remain firm?
European Commission formally adopts rules on renewable hydrogen
The European Commission (EC) has formally published the two delegated acts outlining detailed rules on the EU definition of renewable hydrogen. The first act defines under which conditions hydrogen, hydrogen-based fuels or other energy carriers can be considered as renewable fuels of non-biological
South Africa, Netherlands and Denmark team up on $1bln green hydrogen fund
Governments of South Africa, the Netherlands and Denmark have concluded a Heads of Agreement (HoA) with the intention to launch a new SA-H2 Fund, an innovative blended finance fund that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa. Th
Marine Energy Wales: The Infrastructure (Wales) Bill will be transformative for marine energy
The recently introduced Infrastructure (Wales) Bill, which includes a new unified consenting process for significant projects in Wales – both on land and in the sea – has been characterised as transformative for marine energy. The Infrastructure (Wales) Bill was introduced on 12 June as an important
Cheniere signs long-term LNG supply deal with Equinor
Cheniere Marketing, a subsidiary of LNG producer and exporter Cheniere Energy, has entered into a long-term LNG sale and purchase agreement (SPA) with energy major Equinor ASA. Under the SPA, Equinor has agreed to purchase approximately 1.75 million tons per annum (mtpa) of LNG from Cheniere Marketi
NKT wraps up first in-house TOV testing of HVDC cable systems
Denmark-based NKT has completed the first in-house temporary overvoltage (TOV) test sequence of high-voltage DC cable systems, said to represent an important technical milestone that increases the reliability of cable systems needed for the green transition. NKT reported on 21 June that it had execu
Donsötank books two more LNG-fuelled chemical tankers at Wuhu Shipyard
Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin
AtoB@C Shipping’s first hybrid vessel hits the water in India
India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by AtoB@C Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. “The launching of a vessel is always a special moment in shipbuilding and we a
Qiyao Enviro’s onboard carbon capture tech validated on Wan Kwong’s ships
Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, have secured an approval in principle from Bureau Veritas (BV) for a carbon capture and storage (CCS) project onboar
High level of interest in zero-emission fuels to put Spain on green shipping corridors map
With high levels of interest and varying degrees of activity around zero-emission fuels as well as favourable conditions for the potential bunkering of hydrogen-based zero-emission fuels across its major ports, Spain is well positioned to develop green shipping corridors to Europe and beyond, accord