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Outlook & Strategy

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TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity
Outlook & Strategy

TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has concluded the market test launched for floating storage and regasification unit (FSRU) capacity in Le Havre, France. From 16 to 30 January, TELSF ran a non-binding call of interest for LNG import and re

about 3 years ago
Enagás and Naturgy plan to build 280MW renewable hydrogen plant
Outlook & Strategy

Enagás and Naturgy plan to build 280MW renewable hydrogen plant

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Spanish energy companies Naturgy and Enagás Renovable have presented their project for the construction of a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla. The new plant is scheduled for commissioning in 2026 and will entail an investment of €485 million. it will be

about 3 years ago
Bulker
Outlook & Strategy

Safe Bulkers keeping eye on the prize with ambitious fleet renewal, eco-upgrades

Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them

about 3 years ago
bulker with rotor sails
Outlook & Strategy

Bulkers emerging as champions of wind-assisted propulsion as rotor sails hold sway over WPT installations

Rotor sails lead the way as the preferred solution for shipowners looking to reduce emissions and increase fuel efficiency by tapping into the potential of wind-assisted propulsion on board their ships. According to recent data from the International Windship Association (IWSA), rotor sails have bee

about 3 years ago
Illustration (Courtesy of Flex Marine Power)
Outlook & Strategy

Scottish company secures over €1M to advance tidal energy turbine

Scottish company Flex Marine Power has been awarded significant funding from the UK government’s Energy Entrepreneurs Fund (EEF) to further develop and demonstrate its low-cost tidal energy turbine.

about 3 years ago
Greenpeace activists end 13-day occupation of Shell's oil platform (Gallery)
Outlook & Strategy

Greenpeace activists end 13-day occupation of Shell’s oil platform (Gallery)

Greenpeace activists have disembarked Shell’s oil platform at the port of Haugesund in Norway after 13 days of occupation and a journey of almost 4,000 kilometers from the Canary Islands, with no arrests having taken place. Four activists boarded the floating production storage and offloading (FPSO

about 3 years ago
The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun, Statkraft upgrade Albania’s first floating solar plant to 2MWp

Europe’s largest renewable energy generator Statkraft, in collaboration with Norwegian supplier Ocean Sun, has installed three additional floating solar units at Banja reservoir in Albania, bringing the floating solar plant’s total capacity to 2MWp.

about 3 years ago
Illustration/Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Industry discusses way forward for tidal power with UK’s net zero minister

The representatives of the UK tidal stream industry have met with Graham Stuart, the minister of the newly launched department for energy security and net zero, to discuss the role of tidal energy in the country’s secure and cost-effective transition to net zero.

about 3 years ago
With sevenfold increase in backlog, Reach Subsea sees another 'record' year
Outlook & Strategy

With sevenfold increase in backlog, Reach Subsea sees another ‘record’ year

Norway-headquartered Reach Subsea has achieved “record” high revenue and operating profit for the full year and fourth quarter of 2022, with its order backlog seven times higher than in the year earlier. For the full year of 2022, revenue grew to NOK 1,163 million (around €107.3 million) whereas EBI

about 3 years ago
Gasunie explores LNG capacity expansion at Gate and Eemshaven, drops plans for new terminal
Outlook & Strategy

Gasunie explores LNG capacity expansion at Gate and Eemshaven, drops plans for new terminal

Dutch energy infrastructure firm Gasunie has decided to continue exploring further options for expanding existing capacity at Eemshaven and Gate terminals instead of adding a new floating LNG terminal in the port of Terneuzen which proved to be unfeasible in the short term. The move is part of Gasun

about 3 years ago
RWE to use VTG’s tank wagons to deliver ammonia from Brunsbüttel terminal
Outlook & Strategy

RWE to use VTG’s tank wagons to deliver ammonia from Brunsbüttel terminal

German energy company RWE and global logistics company VTG have signed a Memorandum of Understanding (MoU) to jointly develop a logistics concept for supplying customers with ammonia. It includes exploring delivery routes and determining the necessary filling and transport capacities. The MoU builds

about 3 years ago
Norwegians officially open Johan Sverdrup Phase 2
Outlook & Strategy

Two months after production start, Johan Sverdrup Phase 2 officially opens

Norwegian state-owned energy giant Equinor has officially opened the second phase of the Johan Sverdrup field located in the North Sea offshore Norway, following the start of production in December 2022. Norway’s Minister of Petroleum and Energy Terje Aasland made the official opening on 13 February

about 3 years ago
Traxens
Outlook & Strategy

Interview: How can smart shipping containers make the industry greener?

Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.

about 3 years ago
Image credit IWSA
Outlook & Strategy

IWSA: Momentum continues to grow for wind-installed vessels

The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further

about 3 years ago