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Outlook & Strategy

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Titan buys two small-scale LNG carriers for bunkering retrofit
Outlook & Strategy

Titan buys two small-scale LNG carriers for bunkering retrofit

Low and zero-emission fuels supplier Titan has acquired two small-scale liquefied natural gas (LNG) carriers from Canadian gas transportation company Seapeak for bunkering retrofit. Titan plans to retrofit the vessels – Seapeak Unikum and Seapeak Vision – to ensure suitable LNG bunkering capabilitie

about 3 years ago
Subsea Europe Services opens new R&D center
Outlook & Strategy

Subsea Europe Services opens new R&D center

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Germany-headquartered Subsea Europe Services (SES) has opened a new research and development (R&D) center dedicated to the development of new integrated, autonomous and digital technologies. The new facility, located at the company’s premises in the Ocean Technology Campus Rostock, will focus on the

about 3 years ago
Norsepower
Outlook & Strategy

Norsepower gets financial boost from Finnish Climate Fund to scale up production

The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj

about 3 years ago
Netherlands and Australia forge hydrogen alliance in a ‘milestone’ agreement
Outlook & Strategy

Netherlands and Australia forge hydrogen alliance in a ‘milestone’ agreement

The Netherlands and Australia have signed a memorandum of understanding (MoU) to support the development of a renewable hydrogen supply chain from Australia to Europe. In what was described as a milestone agreement, Australia’s Climate Change and Energy Minister Chris Bowen and the Dutch Minister fo

about 3 years ago
GasLog Partners and TotalEnergies sign another charter deal
Outlook & Strategy

GasLog Partners enters 2023 with time charter agreements for its LNG carriers

Gaslog Partners, an international owner and operator of liquefied natural gas (LNG) carriers, has secured time charter agreements with several companies for its vessels. In its financial report which includes a three-month period and the year ended 31 December 2022, the partnership highlighted chart

about 3 years ago
RWE orders two 100MW electrolysers for GET H2 as it eyes IPCEI funding
Outlook & Strategy

RWE orders two 100MW electrolysers for GET H2 as it eyes IPCEI funding

German energy company RWE has ordered two 100-megawatt proton exchange membrane (PEM) electrolysers from Linde Engineering for its GET H2 hydrogen project. The two electrolyser plants, which will be powered by offshore wind from the North Sea, are part of RWE’s efforts to build a total of 300 MW of

about 3 years ago
bulker powered by ammonia
Outlook & Strategy

WinGD, CMB.TECH to develop large ammonia-fuelled engines for Bocimar’s bulker newbuilds

Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chines

about 3 years ago
Oceanbird
Outlook & Strategy

Oceanbird project goes full speed ahead with land-based testing, selection of retrofit vessel

Oceanbird, a project backed by Alfa Laval and Wallenius, is moving fast with the preparation for the installation of its first land-based Oceanbird Wing 560. The project developers are already ordering parts for the installation, following the award of €9 million worth of funding under the Horizon E

about 3 years ago
Illustration; Source: BP
Outlook & Strategy

BP delves into global energy trends over next 30 years

BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.

about 3 years ago
Oman LNG continues supply deals spree with Turkish BOTAŞ
Outlook & Strategy

Oman LNG continues supply deals spree with Turkish BOTAŞ

Oman LNG has signed a binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation to supply 1 million metric tonnes per annum (mtpa) of LNG, starting in 2025. According to reports from the Omani state news agency, the agreement was signed on 30 January. The deal will see Oman LNG

about 3 years ago
Researchers from Newcastle University and the University of Edinburgh discussing how to adapt the buoy for deployment in the North Sea (Courtesy of DER-IC)
Outlook & Strategy

Newcastle University outlines plans for North Sea wave energy demo

Newcastle University has set sights on turning wave motion into a source of renewable energy with the latest project that will see the installation of a wave energy device prototype in the North Sea.

about 3 years ago
Illustration/Ingine’s wave energy demonstration plant in Jeju Island, South Korea (Courtesy of Ingine)
Outlook & Strategy

Innovate UK funds wave energy scheme offshore Indonesia

Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.

about 3 years ago
Drillship takes on more drilling work at giant Black Sea gas project
Outlook & Strategy

Drillship takes on more drilling work at giant Black Sea gas project

Türkiye’s first drillship has begun drilling a new detection well in the Sakarya gas field project development in the Black Sea, one of the largest energy projects ever built in the country. Türkiye Petrolleri reported on 30 January that the Fatih drilling vessel had started drilling in Amasra-2. To

about 3 years ago
Maersk
Outlook & Strategy

Maersk to integrate Hamburg Süd and Sealand brands

Danish container shipping heavyweight Maersk plans to unify its structure by integrating its brands such as Hamburg Süd and Sealand, among others. The company explained the decision saying that the aim was to bring more ‘ease, agility and resilience’ to the supply chain. Maersk plans to conduct an i

about 3 years ago