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Outlook & Strategy

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GTT’s membrane tech to support PipeChina’s upcoming LNG projects
Outlook & Strategy

GTT’s membrane tech to support PipeChina’s upcoming LNG projects

French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects. The agreement was signed on the occasion of the visit of French President Emmanuel

about 3 years ago
Two new facilities and vehicle electrification in Soil Machine Dynamics' five-year plan
Outlook & Strategy

Two new facilities and vehicle electrification in Soil Machine Dynamics’ five-year plan

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Subsea robotics and engineering company Soil Machine Dynamics (SMD) has revealed its plans to exceed £100 million turnover within five years, which includes the electrification of its vehicles and two new facilities. To reach the turnover goal, SMD said it has ambitious recruitment targets and plans

about 3 years ago
GAZ-SYSTEM completes non-binding Gdansk FSRU market study
Outlook & Strategy

GAZ-SYSTEM completes non-binding Gdansk FSRU market study

Poland’s natural gas transmission system operator GAZ-SYSTEM has completed a non-binding market research procedure for the demand for additional regasification capacity of the FSRU terminal in the Gulf of Gdańsk. The operator collected information on the level of market interest in additional regasi

about 3 years ago
Sparky, Damen
Outlook & Strategy

Damen hits record revenue of €2.5 billion

Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.

about 3 years ago
Port of Gothenburg
Outlook & Strategy

Port of Gothenburg set to launch methanol bunkering services by end of 2023

Inter Terminals Sweden (ITS), part of Inter Terminals, one of the largest independent bulk liquid storage providers in northern Europe, is collaborating with the Port of Gothenburg to introduce methanol bunkering services in the port by the end of 2023. ITS revealed that preparations are ongoing to

about 3 years ago
Oil barrels (illustration); Source: Equinor
Outlook & Strategy

Canada ranked as preferred global oil supplier with fossil fuels carving a place in energy transition, shows Ipsos study

Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.

about 3 years ago
Stolt Tankers
Outlook & Strategy

Stolt Tankers to apply graphene-based propeller coatings to 25 ships

Norwegian chemical tanker company Stolt Tankers, a subsidiary of Stolt-Nielsen, has signed a two-year agreement with Canada-based Graphite Innovations & Technology (GIT). Under the deal Stol Tankers will apply GIT’s XGIT-PROP graphene-based marine coating to the propellers of 25 ships during 2023. G

about 3 years ago
CRP Subsea wins contract for Middle East submarine HVDC project
Outlook & Strategy

CRP Subsea wins contract for Middle East submarine HVDC project

England-based CRP Subsea, part of AIS, has secured a contract to deliver cable protection services for an HVDC submarine cable project offshore United Arab Emirates in the Arabian Gulf. More than 6 kilometers of Uraduct will be used at the cable crossings and platform approaches on the HVDC system,

about 3 years ago
Noria Energy’s floating solar system installed at BASF’s McIntosh, Alabama production facility (Courtesy of BASF)
Outlook & Strategy

BASF installs floating solar unit at its US production facility

World’s largest chemical producer BASF has installed a floating solar system, designed and constructed by Noria Energy, at its manufacturing site in the United States.

about 3 years ago
Viking Glory
Outlook & Strategy

Viking Line: Maritime operations using the old model are not economically sustainable

The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,

about 3 years ago
New partnership Terranova NV to boost green hydrogen production in Belgium
Outlook & Strategy

New partnership Terranova NV to boost green hydrogen production in Belgium

Partnership Terranova Hydrogen NV, comprised of Jan De Nul Group, DEME Group, and Aertssen Group, has joined forces with Luminus and Nippon Gases to build and exploit an installation for the production of green hydrogen on the ‘Zonneberg’ in Zelzate, Belgium. The partnership announced they want to w

about 3 years ago
China Shipping
Outlook & Strategy

UMAS: 40 pct improvement in efficiency needed in this decade

A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030

about 3 years ago
The location of San Juan Islands in Washington state (Courtesy of OPALCO)
Outlook & Strategy

United States’ San Juan Islands set sights on tidal power for local energy resilience

An electric utility providing services to San Juan County in the US state of Washington has started exploring the feasibility of developing a tidal energy project that would provide another layer of energy resilience for the island communities in the Salish Sea.

about 3 years ago
Port of Hamburg
Outlook & Strategy

Kokarakis: Switching to alternative fuels is the key to CII compliance

The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual

about 3 years ago