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Outlook & Strategy

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Conoship
Outlook & Strategy

Study: Shared automated micro panel line for the Northern Netherlands shipbuilding feasible

Setting up a fully automated line for the joint production of ship parts by the Northern Netherlands maritime sector for the benefit of Northern shipyards is technically, financially, and organizationally feasible, a study shows. The feasibility study, ‘Shared Facility micro panel line for the North

about 3 years ago
CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Outlook & Strategy

EVOLVE spotlights value of ocean energy for future energy mix, uncovering 70GB of viable resources in three European countries

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Official results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers have been released, providing a firm evidence base supporting the acceleration of ocean energy in Europe’s future energy system.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Outlook & Strategy

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
shipping/Marine insurers
Outlook & Strategy

Landmark report shows marine insurers’ portfolios not measuring up to IMO, Paris targets

A group of eight marine insurers has released the first Annual Disclosure Report for Poseidon Principles for Marine Insurance, disclosing the climate alignment of their hull and machinery portfolios. The report surveys the portfolios of the framework’s signatories in what has been described as a ‘la

about 3 years ago
Karpowership to help ease Ukraine’s energy crisis via floating power stations
Outlook & Strategy

Karpowership to help ease Ukraine’s energy crisis via floating power stations

Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s

about 3 years ago
The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary
Outlook & Strategy

UK High Court quashes decision to reject £1.35 bn, 2GW interconnector

The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary of State for Business (BEIS), in January 2022 refused consent for the AQUIND interconnector despite

about 3 years ago
Maersk
Outlook & Strategy

Maersk, MSC call it quits on 2M alliance

Container shipping giants MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025. 2M is a container shipping line vessel sharing agreement (VSA) signed by the duo in 2015 with the aim of ensur

about 3 years ago
UK-headquartered NDT inspections specialist eyes new markets
Outlook & Strategy

UK-headquartered NDT inspections specialist eyes new markets

UK-headquartered NDT inspections specialist TSC Subsea has revealed plans to expand to new markets in the Middle East, Africa and South East Asia. The strategic growth plans are said to follow on from one of TSC Subsea’s most successful years to date in which the company established new bases in Bra

about 3 years ago
MSC Noa Ariela
Outlook & Strategy

MSC linked to massive order for 10 LNG-powered boxships

Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Cha

about 3 years ago
AURELIA
Outlook & Strategy

AURELIA, partners create a blueprint for green retrofitting of a Newcastlemax bulker

Dutch ship design company AURELIA, has joined forces with naval architecture designer NEPA SHIPPING, and ALOFT SYSTEMS, experts in sails and weather routing, on a green retrofitting project involving a 205,000 dwt bulk carrier. The project set out to demonstrate how a combination of innovative solut

about 3 years ago
PIL
Outlook & Strategy

PIL turns to LR for fleet emission reduction

Singapore-based Pacific International Lines (PIL) has partnered with Lloyd’s Register’s fleet optimisation experts, i4 Insight, to help it reduce emissions and maximise fleet performance with a four-year fleet-wide agreement. PIL recently opened a ‘Centre for Maritime Efficiency (CME) which is power

about 3 years ago
New research spotlights opportunities for UK’s offshore energy supply chain
Outlook & Strategy

New research spotlights opportunities for UK’s offshore energy supply chain

Seven near-term projects in the UK are set to require 30 new wells and 194 kilometers of pipeline, with vessel and rig owners to be especially in demand, according to the research conducted by the North Sea Transition Authority and Global Underwater Hub.

about 3 years ago
Norsepower inks rotor sail retrofit deal with Socatra
Outlook & Strategy

Norsepower inks rotor sail retrofit deal with Socatra

Wind propulsion systems developer Norsepower Oy has signed a contract with French ship owner and operator Socatra for the retrofit installation of two rotor sails on the medium range tanker Alcyone. The 50,000 dwt, 2022-built, French flag tanker, chartered by global energy company TotalEnergies, wil

about 3 years ago
Strohm plans recruitment drive as it completes plant expansion
Outlook & Strategy

Strohm plans recruitment drive as it completes plant expansion

Netherlands-based thermoplastic composite pipe (TCP) producer Strohm has completed its plant expansion, tripling the capacity for production to 140 kilometers of normalized pipe per annum. The expansion is said to be the biggest capital investment Strohm has undertaken since originally setting up th

about 3 years ago