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Outlook & Strategy

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The Insight Partners: Green hydrogen market to grow to $88 billion by 2030
Outlook & Strategy

The Insight Partners: Green hydrogen market to grow to $88 billion by 2030

According to the “Green hydrogen market forecast to 2030 – COVID-19 impact and global analysis – technology (alkaline electrolysis and PEM electrolysis), renewable source (wind energy, solar energy and others), end-use industry (chemical, power, food & beverages, medical, petrochemicals and others)

about 3 years ago
MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft
Outlook & Strategy
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MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft

The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals from financial institutions, intermediaries, marine insurance providers, and brokers to expedite the use of electric harbour craft in Singapore, which is an integral part of MPA’s goal to achieve net-zero emissions

about 3 years ago
An aerial shot of the Morlais site (Courtesy of Menter Mon)
Outlook & Strategy

First tidal energy site in Wales gets an official launch

The first minister of Wales Mark Drakeford has officially opened the substation linked to Morlais tidal energy site on Anglesey in Wales.

about 3 years ago
World-first as Woodside removes riser turret mooring from Australian waters (Photo+video)
Outlook & Strategy

World-first as Woodside removes riser turret mooring from Australian waters (Photo+video)

Australian energy giant Woodside Energy has removed the decommissioned Nganhurra riser turret mooring (RTM) from Australian water, which is now in transit to the shore for recycling and reuse. The Nganhurra RTM has been lifted onto a barge approximately 38 kilometers north of the North West Cape in

about 3 years ago
World's first wind-powered RoRo
Outlook & Strategy

WATCH: Wallenius Wilhelmsen tests new hull of Orcelle Wind before approaching shipyards

Wallenius Wilhelmsen and its project partners are working diligently on the development of the Orcelle Wind, an innovative wind-powered Pure Car Truck Carrier. Namely, parallel to the production of the first wing prototypes, the company is also working on the fine-tuning of the vessel design. The Al

about 3 years ago
North Sea oil project comes on stream ahead of schedule
Outlook & Strategy

North Sea oil project comes on stream ahead of schedule

Norway’s state-owned energy giant Equinor has brought on stream the Breidablikk field in the Norwegian sector of the North Sea four months ahead of schedule. The Breidablikk field, which commenced production on October 20, holds almost 200 million barrels of recoverable oil. Its plateau production i

about 3 years ago
Sumire Leader
Outlook & Strategy

NYK’s 6th LNG-fueled pure car and truck carrier starts operations

NYK’s sixth LNG-fueled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation, arriving at the port of Hiroshima on Oct 17 and the port of Nakanoseki on Oct 18. This vessel is the last of four LNG-fueled PCTCs delivered from China Merchants Jinl

about 3 years ago
ORLEN adds two new LNG carriers to its fleet
Outlook & Strategy

ORLEN adds two new LNG carriers to its fleet

Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, whi

about 3 years ago
Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore
Outlook & Strategy

Mittal: Shipowners need to start locking in long-term supply of green fuels

In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se

about 3 years ago
A bunch of tenders coming up for second Malta-Sicility interconnector
Outlook & Strategy

A bunch of tenders coming up for second Malta-Sicily interconnector

InterConnect Malta has launched a tender for the transformer and shunt reactors for the second Malta to Sicily electrical interconnector. This is the first of a number of tenders upcoming for the project. The interconnector will consist of a new ~118-kilometer-long 225 MW HVAC electrical cable inter

about 3 years ago
German OGE comes onboard H2Med green hydrogen pipeline project
Outlook & Strategy

German OGE comes onboard H2Med green hydrogen pipeline project

German gas grid operator Open Grid Europe (OGE) has joined its Spanish, French, and Portuguese counterparts as a promoter of the European H2Med green hydrogen project. During the event ‘H2Med, an example of European energy cooperation’ at the Spanish Embassy in Berlin, OGE signed a memorandum of und

about 3 years ago
Norwegian firm to deliver compressors for SBM Offshore’s new FPSO
Outlook & Strategy

Norwegian firm to deliver compressors for SBM Offshore’s new FPSO

China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will pro

about 3 years ago
mWave wave energy device under construction (Courtesy of Bombora Wave Power)
Outlook & Strategy

Bombora seeks contractor for final evaluation of mWave wave energy demo project

Bombora Wave Power has opened a tender for an independent final evaluation of the mWave wave energy demonstration project.

about 3 years ago
HAV Hydrogen and NES test hydrogen fuel cell with maritime control system
Outlook & Strategy

HAV Hydrogen and NES test hydrogen fuel cell with maritime control system

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen and maritime supplier Norwegian Electric Systems (NES), both subsidiaries of HAV Group ASA, have completed a laboratory test of a hydrogen fuel cell in combination with a maritime control system. The scope of the project wa

about 3 years ago