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Outlook & Strategy

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New low-carbon hydrogen facility planned on Haropa Port land in France
Outlook & Strategy

New low-carbon hydrogen facility planned on Haropa Port land in France

Haropa Port and Verso Energy have signed an agreement for the installation of a plant to produce low-carbon hydrogen and synthetic fuels on Haropa Port land in Grand-Quevilly, France. Specifically, this production plant will be set up on an area of land belonging to Haropa Port/Rouen in the town of

about 2 years ago
Illustration/Orbital Marine’s O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

IEA-OES unveils international roadmap for 300GW of ocean energy by 2050

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International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has released a roadmap that outlines a comprehensive strategy that will help to drive the global development of ocean energy.

about 2 years ago
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News Agency
Outlook & Strategy

Investments of $102 billion on Petrobras’ five-year agenda: Oil & gas getting the lion’s share while $11.5 billion goes to low-carbon projects

Petrobras’ new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie.

about 2 years ago
Vertom
Outlook & Strategy

Thecla Bodewes splashes Vertom’s fourth diesel-electric bulker

Dutch short-sea shipping company Vertom Group has launched its fourth new diesel-electric dry bulk vessel.

about 2 years ago
FEED work begins on green hydrogen and ammonia project in Malaysia
Outlook & Strategy

FEED work begins on green hydrogen and ammonia project in Malaysia

South Korean Samsung Engineering has started front-end engineering design (FEED) work on the Sarawak H2biscus green hydrogen and ammonia project in Malaysia. Together with Lotte Chemical, Korea National Oil Corporation and Malaysia’s Sarawak Economic Development Corporation Energy (SEDC Energy), the

about 2 years ago
Nautilus
Outlook & Strategy

Danalec acquires Nautilus Labs

Copenhagen-based technology provider specializing in maritime safety and sustainability Danelec has acquired New York-based maritime technology company Nautilus Labs. “With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact. Not only do we g

about 2 years ago
HMM Tacoma
Outlook & Strategy

Report: Dongwon and Harim dueling for dominance in HMM bidding race

In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Gr

about 2 years ago
Fluxys gauging market interest in hydrogen and derivatives at Zeebrugge terminal
Outlook & Strategy

Fluxys gauging market interest in hydrogen and derivatives at Zeebrugge terminal

Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until Febru

about 2 years ago
Dow joins HEH consortium for Stade LNG terminal
Outlook & Strategy

ČEZ books capacity at LNG Stade terminal in Germany

Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in co

about 2 years ago
CPN
Outlook & Strategy

CPN supplies Maersk ship with biofuel in Hong Kong

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-chemical (CPN) has successfully delivered over 2,000 metric tonnes of B24 marine biofuel to a vessel operated by Danish shipping giant Maersk.

about 2 years ago
Prysmian's Monna Lisa ready for assembly, launch in March
Outlook & Strategy

Prysmian’s Monna Lisa ready for assembly, set to hit the water in March

Prysmian’s new cable-laying vessel Monna Lisa has reached the hull erection stage, marking the start of assembly and preparing to be launched into the water. The addition of Monna Lisa will expand Prysmian’s installation fleet to six cable-laying vessels and will have installed the same main equipme

about 2 years ago
Norway-Germany hydrogen value chain technically feasible, study finds
Outlook & Strategy

Norway-Germany hydrogen value chain technically feasible, study finds

The joint Norwegian-German feasibility study on a hydrogen value chain between Norway and Germany has shown that, given a number of assumptions, it is technically possible to establish a value chain for transporting large quantities of hydrogen from Norway to Germany. The study was commissioned by t

about 2 years ago
€800 million in subsidies under EC’s pilot hydrogen bank auction is up for grabs
Outlook & Strategy

€800 million in subsidies under EC’s pilot hydrogen bank auction is up for grabs

The European Commission (EC) has launched the first auction under the European Hydrogen Bank to support renewable hydrogen production in Europe, with an initial €800 million of emissions trading revenues available to producers in the European Economic Area (EEA). The auction, which is funded by the

about 2 years ago
Green Marine Europe
Outlook & Strategy

Financial engineering firm joins Green Marine Europe

Fimar, a French company specializing in the arrangement and financing of merchant vessels, is joining the ranks of the partners of the environmental certification program Green Marine Europe.

about 2 years ago