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Outlook & Strategy

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Plagazi and Litra join hands for transport and handling of circular hydrogen
Outlook & Strategy

Plagazi and Litra join hands for transport and handling of circular hydrogen

Sweden’s Plagazi and Norway’s Litra have signed a letter of intent (LoI) that serves to state the intent for a commercial agreement between the two companies, which would enable Litra to undertake the transport of circular hydrogen from Plagazi to various industrial sites and off-takers. According t

about 3 years ago
Illustration; Source: The International Energy Agency (IEA)
Outlook & Strategy
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IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 3 years ago
Hyundai Glovis
Outlook & Strategy

Hyundai Glovis gears up for $1.85 billion investment in world’s largest dual-fuel car carriers

Hyundai Glovis, the logistics unit of South Korean auto giant Hyundai Motor Group, is allocating $1.85 billion for the acquisition of 12 LNG dual-fuel car carriers. The decision on the planned investment, approved during a board meeting held on October 26, 2023, represents a strategic move to bolste

about 3 years ago
New partnership targets cable-lay market
Outlook & Strategy

New partnership targets cable-lay market

The Netherlands-based Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio, with the aim of increasing its position in the offshore wind market. According to Huisman, the agreement will see the combination of ESD’s expertise in designing smart cable-lay solut

about 3 years ago
Illustration/Ocean Sun's floating solar tech (Courtesy of Ocean Sun)
Outlook & Strategy

Norwegian floating solar developers partner up for greener aquaculture

Norwegian companies Ocean Sun and Inseanergy have formed partnership to supply the aquaculture industry with green energy using floating solar technology. Following the settlement of a patent dispute earlier this year, Ocean Sun and Inseanergy have entered into a cooperation agreement to supply gree

about 3 years ago
SABRE
Outlook & Strategy

Itochu and Orascom to set up ammonia bunkering hub in Suez Canal

Japan-based trading company Itochu Corporation has signed a Memorandum of Understanding (MOU) with global engineering and construction contractor Orascom Construction on the development of ammonia bunkering in the Suez Canal, Egypt. Orascom Construction has extensive experience in the energy transit

about 3 years ago
Prysmian hits dynamic cables milestone
Outlook & Strategy

Prysmian hits dynamic cables milestone

Prysmian Group has completed the pre-termination phase for the dynamic cables destined for a floating offshore wind farm off the coast of France – said to be the company’s first turnkey project of a dynamic cables system for a floating wind farm. Prysmian announced the completion of the dynamic cabl

about 3 years ago
MOL Tetsun Maru
Outlook & Strategy

Japan’s coastal RoRo trials biofuel and waste cooking oil blend

MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines, revealed that its 499 GT coastal RoRo vessel, the Tetsuun Maru No.1, trialed the use of biofuel. The biofuel used on the vessel is made by mixing waste cooking oil derived from vegetable oils and fats in Japan with

about 3 years ago
Dr. Sultan Al Jaber, COP28 President
Outlook & Strategy

New charter urges private sector towards ‘bolder’ climate and net-zero action ahead of COP28

The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.

about 3 years ago
QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
Outlook & Strategy

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK

QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

about 3 years ago
The signing of the MoU for floating solar collaboration (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun to supply floating solar tech for 2MW project in India

SJVN Green Energy, a wholly owned subsidiary of India’s state-owned SJVN, has signed a memorandum of understanding with Ocean Sun to develop a floating solar project in India.

about 3 years ago
DNV
Outlook & Strategy

DNV, AL Group to explore CCS on board containership, bulker newbuilds

DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.

about 3 years ago
TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications
Outlook & Strategy

TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications

Norway’s cleantech company TECO 2030 and Japan’s electrical engineering and software company Yokogawa Electric Corporation have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under the agre

about 3 years ago
PIL PSA MOU
Outlook & Strategy

PSA, PIL to develop low carbon pathways

Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set

about 3 years ago