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Outlook & Strategy

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Mariparks and multiuse to support sustainability efforts on North Sea
Outlook & Strategy

Mariparks and multiuse to support sustainability efforts on North Sea

According to Erwin Coolen, Director of ECHT, we need Mariparks, which are offshore business areas, and multiuse to reach energy, food and nature transitions that are ongoing on the North Sea. Together with Nathalie Scheidegger, Project Leader Sustainable Blue Economy, Netherlands’ Ministry of Agricu

about 2 years ago
Challenger
Outlook & Strategy

Dorian LPG joins VLAC bandwagon with debut order

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U.S.-headquartered LPG shipping company Dorian LPG has placed an order for the construction of a Very Large Gas Carrier (VLGC) /ammonia carrier. The vessel is anticipated to be delivered in the third quarter of 2026, and Dorian has already made first installment payment of $23.8 million in January 2

about 2 years ago
Substation construction for Morlais tidal energy project wraps up
Outlook & Strategy

Substation construction for Morlais tidal energy project wraps up

The construction of the £24 million substation for the Morlais tidal stream energy project has been completed and the substation has been delivered to site owner Menter Môn Morlais. Civil engineering firm Jones Bros has handed over the substation to Menter Môn Morlais in a move said to signal the su

about 2 years ago
TECO 2030 and Umoe Mandal seek AiP for fuel cell high-speed vessel design
Outlook & Strategy

TECO 2030 and Umoe Mandal seek AiP for fuel cell high-speed vessel design

Norwegian cleantech company TECO 2030 and compatriot shipbuilder Umoe Mandal have submitted an approval in principle (AiP) application to the Norwegian Maritime Authority for the world’s first fuel cell high-speed vessel design. As disclosed, the vessel will be constructed based on Umoe Mandal’s cre

about 2 years ago
shipbreaking
Outlook & Strategy

NGO Shipbreaking demands EU action on ship recycling amid stark reality of 2023 figures

The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships

about 2 years ago
Uniper advances renewable electrofuel project in Sweden
Outlook & Strategy

Uniper advances renewable electrofuel project in Sweden

German energy group Uniper has signed an agreement with Swedish power company Jämtkraft to secure access to land and electricity grid connection for its sustainable electrofuel project NorthStarH2 in Östersund, Sweden. The aim of this project is to produce e-methanol from renewable hydrogen and capt

about 2 years ago
Taiwanese geotechnical vessel under conversion to prep for local offshore wind market
Outlook & Strategy

Taiwanese geotechnical vessel under conversion to prep for local offshore wind market

Taiwanese offshore geophysical and geotechnical investigation company PDE Offshore Corporation is carrying out the conversion of its new geotechnical vessel to service the local offshore wind market. The Geo Power geotechnical vessel is now under conversion work and will join the fleet in mid-2024 t

about 2 years ago
Hafnia Bunkers
Outlook & Strategy

Hafnia Bunker Alliance progresses with sustainable biofuel bunkering

Hafnia Bunkers has announced its steps forward in advancing sustainable marine fuel solutions through its strategic collaboration via the Hafnia Bunker Alliance with member Unigas, and GoodFuels supplier FincoEnergies – a collaboration revolutionizing the way vessels are being fueled.

about 2 years ago
Lhyfe breaks ground for new 10MW hydrogen plant in Germany
Outlook & Strategy

Lhyfe breaks ground for new 10MW hydrogen plant in Germany

French company Lhyfe has started construction work for its new hydrogen production plant in Brake on the site located on land in the harbor area of Niedersachsen Ports (NPorts), Germany’s largest public seaport operator. The groundbreaking ceremony for the production facility is taking place today,

about 2 years ago
Sand Topic
Outlook & Strategy

EU-backed project to convert bulk carrier to sail on climate-neutral fuels

A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demo

about 2 years ago
Euronav-Frontline merger
Outlook & Strategy

Euronav orders 4th ammonia-ready VLCC, charters out Suezmax duo as it exits transformative quarter

Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. The order was placed in January 2024. Combined with the three orders announced in 2023, the

about 2 years ago
ZeroNorth
Outlook & Strategy

ZeroNorth acquires Euronav’s FAST platform

Denmark-based technology company ZeroNorth has reached a deal with Belgian shipping company Euronav to acquire and manage the tanker major’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav will become a customer of ZeroNorth’s full platform offering. FAST collec

about 2 years ago
Martin Thomson
Outlook & Strategy

Former Dril-Quip sales director joins FET as energy transition manager

UK subsea energy provider Forum Energy Technologies (FET) has appointed the first energy transition business development manager within its subsea business with the aim to help operators achieve carbon emission improvements. Martin Thomson, experienced in both subsea and offshore wind sectors, will

about 2 years ago
ADNOC's fleet richer for dive support vessel
Outlook & Strategy

ADNOC’s fleet richer for dive support vessel

UAE’s energy giant Abu Dhabi National Oil Company (ADNOC) has taken delivery of the first of two 24-meter catamaran dive support vessels (DSVs) from a shipyard in Dubai. ADNOC MD 01, the first of two sister vessels, was built by Dubai-based Grandweld Shipyards and designed by Robert Allan Ltd. to su

about 2 years ago