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Outlook & Strategy

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Wärtsilä
Outlook & Strategy

Wärtsilä rolls out industry’s first 4-stroke ammonia engine

Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel.

about 2 years ago
The Netherlands and Germany bolster hydrogen ties
Outlook & Strategy

The Netherlands and Germany bolster hydrogen ties

Germany and the Netherlands have signed joint declarations of intent to strengthen their cooperation in the field of hydrogen infrastructure and import and establish a cross-border hydrogen ecosystem. The declarations of intent were signed in Duisburg as part of the Dutch King Willem-Alexander’s wor

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about 2 years ago
South Korea to launch clean hydrogen certification system
Outlook & Strategy

South Korea to launch clean hydrogen certification system

South Korean Ministry of Trade, Industry and Energy (MOTIE) has announced that the proposal for an amendment to the ‘Hydrogen Economy Promotion and Hydrogen Safety Management Act’ has passed the 47th Cabinet meeting’s deliberation and resolution process, enabling the government to move forward with

about 2 years ago
£9 million grant in place for UK's first HVDC cable factory
Outlook & Strategy

£9 million grant in for UK’s first HVDC cable factory

UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i

about 2 years ago
Boskalis
Outlook & Strategy

Boskalis opens shore power facility for its vessels in Rotterdam

Dutch dredging and heavy lift company Boskalis has commissioned a large-scale shore power facility at its premises in the Waalhaven in Rotterdam, the Netherlands.

about 2 years ago
Cedar LNG, SHI and Black & Veatch conclude deal on shipyard capacity
Outlook & Strategy

Cedar LNG, SHI and Black & Veatch conclude deal on shipyard capacity

The Haisla Nation and Pembina Pipeline, partners in the development of the proposed Cedar floating LNG export project in Canada, have signed heads of agreement (HoA) with shipbuilding company Samsung Heavy Industries (SHI) and LNG infrastructure solutions company Black & Veatch to secure access to s

about 2 years ago
China's largest submarine cable construction ship launches
Outlook & Strategy

China’s largest submarine cable construction ship launches

State Grid Corporation of China has launched what – with a cable-carrying capacity of 10,000 tons and a displacement of 24,000 tons – is said to be China’s largest submarine cable construction ship. Qifan-19, developed independently by State Grid Corporation of China for Guojiao No.1 Brand, was laun

about 2 years ago
Illustration; Source: TotalEnergies
Outlook & Strategy

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 2 years ago
Gasunie to use green method of financing for energy transition projects
Outlook & Strategy

Gasunie to use green method of financing for energy transition projects

Dutch energy company Gasunie has issued its first green bond, a loan for €300 million with a maturity of 9.5 years, intending to use the proceeds to finance part of its energy transition projects, such as the construction of the national hydrogen grid in the Netherlands. Gasunie revealed the company

about 2 years ago
Fugro updates 2027 strategy, plans to expand into CCUS
Outlook & Strategy

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 2 years ago
Nova Innovation's floating solar units (Courtesy of Nova Innovation)
Outlook & Strategy

Nova Innovation installs floating solar demonstrator in the Port of Leith

Scottish marine energy company Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith.

about 2 years ago
EU should support entire chains, not just individual projects, in its drive toward climate neutrality
Outlook & Strategy

EU should support entire chains, not just individual projects, in its drive toward climate neutrality

The European Union should support entire chains such as in the port industry and logistics instead of individual projects in order to drive carbon neutrality.

about 2 years ago
The illustration for Powering the Blue Economy: Power at Sea (Courtesy of the U.S. DOE's American Made Challenges) WPTO
Outlook & Strategy

US DOE launches $1.7M competition to power offshore economy with marine energy

The U.S. Department of Energy (DOE) has launched the Powering the Blue Economy: Power at Sea Prize, which will award up to $1.7 million to competitors to advance technologies that use marine energy to power ocean-based activities.

about 2 years ago
Viasea
Outlook & Strategy

Viasea: New wind- and hydrogen-powered ships to gradually become 100% zero emission

The new wind- and hydrogen-powered containerships that will join Viasea Shipping’s fleet will be gradually switching to zero-emission operation depending on the hydrogen availability, the Norwegian shipping line said.

about 2 years ago