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Outlook & Strategy

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Illustration; Source: The International Energy Agency (IEA)
Outlook & Strategy

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.

about 3 years ago
JERA and ADNOC join hands on hydrogen and ammonia
Outlook & Strategy

JERA and ADNOC join hands on hydrogen and ammonia

Japan’s energy major JERA has concluded a strategic collaboration agreement (SCA) with UAE’s Abu Dhabi National Oil Company (ADNOC), related to cooperation in clean hydrogen and ammonia. According to JERA, the two parties have built a good relationship through years of LNG sale and purchase, and hav

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about 3 years ago
Japan and UAE to deepen cooperation on clean energy
Outlook & Strategy

Japan and UAE to deepen cooperation on clean energy

During a Japan-UAE business forum in Abu Dhabi, UAE’s President Sheikh Mohamed bin Zayed Al Nahyan and Japan’s Prime Minister (PM) Fumio Kishida affirmed the commitment of both countries to enhancing cooperation on climate action, decarbonization efforts and clean energy. In a statement, Japan’s PM

about 3 years ago
Masdar and Inpex ally on e-methane production using green H2 and CO2
Outlook & Strategy

Masdar and Inpex ally on e-methane production using green H2 and CO2

Abu Dhabi Future Energy Company PJSC – Masdar and Japan’s Inpex Corporation have signed a collaboration agreement to conduct a joint study aimed at realizing the production of synthetic methane (e-methane) using green hydrogen and CO2. The execution of the agreement was announced during the Japan-UA

about 3 years ago
Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Outlook & Strategy

IMO about to pick the new Secretary-General

The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary

about 3 years ago
FSO Safer; Source: Boskalis
Outlook & Strategy

VLCC Nautica arrives in Yemen to transfer oil from ‘time bomb’ FSO Safer

A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Outlook & Strategy

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
Fleetship
Outlook & Strategy

Transworld and Fleet Management form ship management JV

UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c

about 3 years ago
Eco Wave Power's wave energy plant in Jaffa Port, Israel (Screenshot/Video by Eco Wave Power)
Outlook & Strategy

Eco Wave Power bags EU funding for its newest wave energy plant

Swedish-Israeli wave energy developer Eco Wave Power has been awarded a grant from the EU that will be used to add educational and knowledge-sharing features to the company’s newest wave energy power station at the Port of Jaffa in Israel.

about 3 years ago
Yang Ming
Outlook & Strategy

Xeneta: CEI improved on majority of top container trades in Q1

The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le

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

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
Maersk
Outlook & Strategy

Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha

about 3 years ago
More work for McDermott with Qatargas
Outlook & Strategy

More work for McDermott with Qatargas

McDermott has won a “major” contract with Qatargas to deliver engineering, procurement, construction, and installation (EPCI) for a subsea pipeline and cable project. McDermott will deliver EPCI for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project

about 3 years ago
IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033
Outlook & Strategy

IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033

Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to

about 3 years ago