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Outlook & Strategy

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e1 Marine
Outlook & Strategy

e1 Marine to build S130 hydrogen generator for Current AG

Global renewable energy company e1 Marine has been commissioned by Switzerland-based Current AG to build an S Series 130 methanol to hydrogen generator that would capture waste heat and CO2 from the exhaust stream produced during the reforming process. Successful lab-based tests will improve the eco

about 3 years ago
Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Outlook & Strategy

7 candidates join the race for IMO Secretary-General role

Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S

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about 3 years ago
IMO
Outlook & Strategy

Portugal ratifies Hong Kong Convention for safer ship recycling

Portugal is the latest country to accede to IMO’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships. The convention covers the design, construction, operation, and maintenance of ships, and preparation for ship recycling to facilitate safe and environmentally sound recyc

about 3 years ago
Ocean Installer and Baker Hughes join hands for integrated subsea engineering solution
Outlook & Strategy

Ocean Installer and Baker Hughes join hands for integrated subsea engineering solution

Marine construction and operations contractor Ocean Installer and energy technology company Baker Hughes have formalized an alliance to deliver an integrated subsea engineering solution said to provide efficiencies from project appraisal through to operations. The new global agreement is expected to

about 3 years ago
Technip Energies secures pre-FEED contract for Hy2gen’s Courant project
Outlook & Strategy

Technip Energies secures pre-FEED contract for Hy2gen’s Courant project

Green hydrogen production company Hy2gen has commissioned engineering and technology company Technip Energies to complete a pre-FEED study for its renewable hydrogen and renewable ammonia project, named Courant, located in Baie Comeau, Quebec, Canada. The pre-FEED phase for the project started at th

about 3 years ago
Elenger receives LNG from the United States via Finland’s Inkoo terminal
Outlook & Strategy

Elenger receives LNG from the United States via Finland’s Inkoo terminal

Dutch energy and commodities company Vitol has delivered the first LNG cargo to Elenger, one of the largest private energy companies in the eastern Baltic Sea region, via Finland’s new import terminal in the port of Inkoo. According to Vitol, the cargo was delivered on 2 April and it came from its p

about 3 years ago
New Petrofac chief executive officially takes over
Outlook & Strategy

Petrofac’s new chief executive officially takes over

McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and

about 3 years ago
J. Lauritzen books methanol dual-fuel bulkers in Japan
Outlook & Strategy

J. Lauritzen books methanol dual-fuel bulkers in Japan

J. Lauritzen, a Danish investment company focused on maritime industries, has signed a letter of intent (LoI) with Japanese shipbuilder Tsuneishi Shipbuilding for the construction of methanol dual-fuel bulk carriers. The LoI includes the construction of minimum two methanol dual-fuel 81,200 dwt Kams

about 3 years ago
Botas
Outlook & Strategy

Turkey’s 1st LNG dual-fuel tugboat starts taking shape

Turkish Uzmar Shipyard has held a steel-cutting ceremony for Turkey’s first dual-fuel tugboat, being built for BOTAŞ Petroleum Pipeline Corporation (BOTAS), the state-owned crude oil and natural gas pipelines and trading company. The shipyard will build two Voith tractor-type propeller tugboats that

about 3 years ago
Statkraft to provide renewable power for Fortescue’s Holmaneset green project
Outlook & Strategy

Statkraft to provide renewable power for Fortescue’s Holmaneset green project

Fortescue Future Industries (FFI), a global green energy company, has secured renewable power for its proposed Holmaneset green energy project by entering into a long-term power purchase agreement (PPA) with Statkraft, a supplier of renewable energy. Under the conditional agreement, Statkraft is exp

about 3 years ago
After appointing new CEO, UK oil & gas firm names COO and Executive Director
Outlook & Strategy

After appointing new CEO, UK oil & gas firm names COO and executive director

UK and Ireland-focused oil and gas exploration, development, and production company Europa Oil & Gas (EOG) has appointed Alastair Stuart as Chief Operating Officer and an Executive Director of the company, effective immediately. Stuart has been a consultant at Europa Oil & Gas since 2012 and more re

about 3 years ago
King Charles III and German president voice support for NeuConnect energy link
Outlook & Strategy

King Charles III and German president voice support for NeuConnect energy link

The NeuConnect energy link that will connect Germany and the UK for the first time is a “key project” and highlights how closely the two countries are working together to make their economies climate-neutral, German President Frank-Walter Steinmeier said during the visit of UK’s King Charles III to

about 3 years ago
H2Carrier and Trelleborg to work on ship-to-ship ammonia transfer solutions
Outlook & Strategy

H2Carrier and Trelleborg to work on ship-to-ship ammonia transfer solutions

Norway’s H2Carrier and Sweden’s Trelleborg Gas Transfer have signed a Memorandum of Understanding (MoU) to cooperate on ship-to-ship ammonia transfer solutions. The two companies will collaborate in developing a safe, reliable, and efficient solution for side-by-side offloading of ammonia when opera

about 3 years ago
Clarksons says alternative fuel ships account for 47 pct of orderbook, projects another 100 LNG carrier orders
Outlook & Strategy

Clarksons says alternative fuel ships account for 47 pct of orderbook, projects another 100 LNG carrier orders

Alternative fuel ships have accounted for around 60% of new orders since the start of 2022 in GT, primarily driven by LNG dual-fuel vessel orders, and increasingly methanol, and now account for 5% of fleet GT and 47% of orderbook, data from Clarksons shows. Looking at the fleet profile, the shipbrok

about 3 years ago