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Outlook & Strategy

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Illustration (Courtesy of FLORES Project)
Outlook & Strategy

EU project FLORES kicks off to boost skills in offshore renewables sector

EU-backed Forward Looking at the Offshore Renewables (FLORES) project has been officially launched to develop tools and activities to foster the development of skills in the offshore renewable energy sector.

about 3 years ago
Value Maritime’s Filtree system
Outlook & Strategy

WATCH: Eastern Pacific Shipping fits Value Maritime’s CSS system on a managed tanker

Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed the installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, include

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about 3 years ago
Amogy starts testing ammonia-to-power platform for maritime applications
Outlook & Strategy

Amogy starts testing ammonia-to-power platform for maritime applications

Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta

about 3 years ago
Illustration; Source: Capricorn Energy
Outlook & Strategy

Capricorn – NewMed merger plans come to naught

UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.

about 3 years ago
Illustration; Source: Rystad Energy
Outlook & Strategy

Rystad: As decarbonisation kicks into high gear, peak in fossil fuel emissions anticipated by 2025

Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.

about 3 years ago
Maersk Moscow
Outlook & Strategy

DCSA’s members commit to 100 pct adoption of electronic bill of lading by 2030

Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of

about 3 years ago
CMA CGM
Outlook & Strategy

CMA CGM in talks to acquire La Méridionale

French container shipping major CMA CGM Group has entered into exclusive discussions with STEF Group to acquire 100% of La Méridionale, a mixed freight and passenger shipping company based in Marseille. “With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean, whil

about 3 years ago
TAQA's Cormorant Alpha asset in the UK North Sea; Source: TAQA
Outlook & Strategy

Wave of unrest across UK’s offshore energy sector grows with more workers to cast votes on strike action

Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.

about 3 years ago
Nexans achieves 'all-time-high' performance, ramps up emissions reduction efforts
Outlook & Strategy

Nexans achieves ‘all-time-high’ performance, ramps up emissions reduction efforts

Nexans has reported an all-time high adjusted backlog of €3.5 billion for its Generation & Transmission business in 2022, an increase of 51 per cent compared to 2021, said to be pulled by the Celtic Interconnector project. In the “record financial year” for the French cable maker, Generation & Trans

about 3 years ago
Ocean Sun’s floating solar technology linked to offshore wind turbine in China (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun grows 2022 revenues

Norwegian floating solar company Ocean Sun has released financial results for 2022, marking a significant increase in revenues when compared to a year before.

about 3 years ago
Gasgrid advances Finland’s first hydrogen transmission network project
Outlook & Strategy

Gasgrid advances Finland’s first hydrogen transmission network project

State-owned transmission system operator Gasgrid Finland is progressing its hydrogen transfer infrastructure demonstration project with a €9.5 million grant for project design and potential construction. The demonstration project aims to construct a pipeline to enable the hydrogen generated at Kemir

about 3 years ago
Illustration (Courtesy of Miya)
Outlook & Strategy

Spanish water utility sets sights on floating solar

Spain-based water utility Miya has expanded its activities to the renewables sector with the acquisition of a stake in Xfloat, an Israeli floating solar developer.

about 3 years ago
IMO
Outlook & Strategy

ICS seeks rapid adoption of carbon levy as industry reaffirms 2050 net-zero ambitions

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar

about 3 years ago
RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC
Outlook & Strategy

RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC

The partnership between German energy company RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of liquefied natural gas (LNG) has gained ground with the arrival of the first LNG cargo from ADNOC at the Brunsbüttel Elbehafen port, Germany. Here, the LNG will be regasified and fed int

about 3 years ago