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Outlook & Strategy

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ABB
Outlook & Strategy

ABB strengthens ship route optimization offer with DTN buy

Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.

about 2 years ago
Malaysia’s first large-scale green hydrogen project to use floating solar power
Outlook & Strategy

Malaysia’s first large-scale green hydrogen project to use floating solar power

Malaysian company Semarak Renewable Energy (RE) and China Hydropower (Malaysia), a subsidiary of PowerChina, have signed an agreement to develop Malaysia’s first large-scale green hydrogen production project using floating photovoltaic power generation. The agreement is worth a total of MYR1.88 bill

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about 2 years ago
seafarers on a containership
Outlook & Strategy

Neglected at sea: Seafarer abandonment surges, showing once again that critical ‘S’ is missing in sustainability

In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from

about 2 years ago
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
Outlook & Strategy

Japanese gas firms join Masdar and Inpex for e-methane production study

Japan’s Tokyo Gas and Osaka Gas have signed a collaboration agreement with Abu Dhabi Future Energy Company – Masdar and Japan’s Inpex Corporation to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE). According to Inpex, through the initiative, T

about 2 years ago
France's new lab for tidal turbine development opens its doors
Outlook & Strategy

France’s new lab for tidal turbine development opens its doors

France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and Hy

about 2 years ago
Bar Technologies CMET
Outlook & Strategy

BARTech unveils partnership with CMET as it parts ways with Yara Marine in WindWings shift

Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a

about 2 years ago
Ulstein Verft and Nexans return to Red Rock for crane package
Outlook & Strategy

Ulstein Verft and Nexans return to Red Rock for crane package

Following the delivery of equipment for Nexans Aurora, Ulstein Verft has awarded Red Rock with another contract to provide an upgraded crane package for Nexans’ new cable-lay vessel (CLV). The new CLV will have a deck capacity of 10.000t of cable, an under-deck capacity of 3.500t cable, and will be

about 2 years ago
New partnership to support renewable energy development on Baltic islands
Outlook & Strategy

New partnership to support renewable energy development on Baltic islands

The Baltic islands of Bornholm, Gotland and Åland have signed a letter of intent (LoI) to work together on easing the islands’ shift to sustainable energy. According to Baltic Energy Island, the agreement focuses on the exchange of knowledge and the strengthening of local democratic engagement, reco

about 2 years ago
€3M push for French consortium developing subsea resident patrol technologies
Outlook & Strategy

€3M push for French consortium developing subsea resident patrol tech

A French consortium comprising three partners has secured a €3 million grant to develop and qualify subsea resident patrol technologies. The consortium is made of Ifremer, a French research institute dedicated to the ocean, FinX, a start-up specialized in bio-inspired underwater thrusters, and led b

about 2 years ago
RINA ammonia bunkering vessel
Outlook & Strategy

RINA partners with Gas and Heat on ammonia-fuelled bunker vessel

Italian classification society RINA has teamed up with Gas and Heat, a compatriot company specializing in the design and construction of cargo handling systems, on the development of a cargo and fuel gas system for an ammonia-fuelled bunker vessel. Within this agreement, Gas and Heat will develop th

about 2 years ago
WinGD
Outlook & Strategy

WinGD hopes its X-DF engines will power the majority of QatarEnergy phase two LNG carriers

Swiss marine power company WinGD, part of CSSC Group, is expecting to secure the majority of dual-fuel engine orders for LNG carriers being built in the second phase of QatarEnergy’s newbuilding project.

about 2 years ago
berg propulsion Chemfleet
Outlook & Strategy

10% fuel savings prompts Chemfleet to fit 3 more ships with Berg efficiency upgrade

Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control

about 2 years ago
BP and Worley bolster ties with new five-year deal
Outlook & Strategy

BP and Worley bolster ties with new five-year deal

Australian engineering company Worley has signed a new global framework agreement with UK-headquartered energy giant BP to provide engineering, procurement, and construction management services (EPCM) covering BP’s global refinery assets and new energy portfolio. According to Worley, the five-year a

about 2 years ago
Odin Highway
Outlook & Strategy

SFL’s 3rd LNG-powered car carrier delivered

Bermuda-based ship-owning and chartering company Ship Finance International Limited (SFL) has taken delivery of 7,000 CEU Odin Highway, its latest LNG dual-fuel car carrier. The vessel, part of a two-ship order, has been contracted by Japanese shipping major K-Line under a 10-year time charter agree

about 2 years ago