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Outlook & Strategy

CMB.TECH, DBR to build dual-fuel H2 gensets for marine applications

Belgium-based shipping and cleantech company CMB.TECH and Dutch full-service provider of power solutions DBR have partnered up to develop what is said to be the first dual-fuel hydrogen gensets for marine applications, aiming to accelerate the decarbonization of the maritime industry. DBR offers exp

about 3 years ago

Outlook & Strategy

Royal Caribbean Group comes onboard Methanol Institute

The Methanol Institute (MI), a global trade association for the methanol industry, has welcomed cruise shipping major Royal Caribbean Group as its newest member. Royal Caribbean operates a global fleet of 64 ships and is a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruise

about 3 years ago

Outlook & Strategy

Anchoring solutions provider selected for Ørsted’s USVs

Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for uncrewed surface vessels (USVs) for the world’s leading offshore wind developer Ørsted. The USVs will be used for offshore met-ocean measurement campaigns in the wind farm industry

about 3 years ago

Outlook & Strategy

EU backs Dutch hydrogen innovator Battolyser Systems with €40 million

Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production o

about 3 years ago

Outlook & Strategy

Damen gets class and flag state approval for methanol-fueled workboats

Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r

about 3 years ago

Outlook & Strategy

Study: Offshore gas pipelines can be reused for H2 transport before 2030

A study by Guidehouse and Enersea has shown that Noordgastransport (NGT) and NOGAT’s offshore infrastructure can be repurposed for hydrogen transportation before 2030 by rerouting certain gas fields, while still providing transportation services for current and future Dutch offshore natural gas. The

about 3 years ago

Outlook & Strategy

DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050

Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, D

about 3 years ago

Outlook & Strategy

Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV

DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

about 3 years ago

Outlook & Strategy

Greek TSO takes over the baton for EuroAsia Interconnector

EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that

about 3 years ago

Outlook & Strategy

Public consultation dates set for second Italy-Greece interconnector

Italian transmission system operator (TSO) Terna has scheduled public consultations in seven municipalities that will be affected by the construction of an interconnector that will be built between Italy and Greece. Terna is expected to invest €750 million in the GR.ITA 2 interconnector which will i

about 3 years ago

Outlook & Strategy

CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant

Iceland’s Carbon Recycling International (CRI) and China’s Jiangsu Sailboat Petrochemical have started up a CO2-to-methanol plant, marking a milestone in the global effort to boost the production of sustainable methanol. The opening ceremony took place on September 25, 2023, at the Shenghong Petroch

about 3 years ago

Outlook & Strategy

OOCL welcomes six of twelve eco-friendly 24,000 TEU giants

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co (DACKS) shipyard. This mega containership is named OOCL Gdynia. Following its naming, OOCL will have received half of the twel

about 3 years ago

Outlook & Strategy

Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen

The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ

about 3 years ago

Illustration/Havkraft’s CEO Geir Arne Solheim on a ‘Powerpier’ equipped with wave energy units (Courtesy of Havkraft)

Outlook & Strategy

Havkraft teams up with Equinor to explore wave power for lowering offshore drilling emissions

Norwegian company Havkraft has signed a contract with Equinor to conduct a feasibility study exploring the integration of wave energy as a sustainable energy source for powering mobile offshore drilling units.

about 3 years ago