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Outlook & Strategy

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Blue World Technologies
Outlook & Strategy

Bill Gates-backed Blue World Technologies targets maritime with its methanol fuel cells

The Danish fuel cell manufacturer Blue World Technologies is readying to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventional diesel generators for power supply on

about 3 years ago
Agreement signed for CO2 hub on Danish coast
Outlook & Strategy

Agreement signed for CO2 hub on Danish coast

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German oil and gas company Wintershall Dea has signed a Memorandum of Understanding (MoU) with a consortium of companies to cooperate on the development of a CO2 hub in Denmark. The consortium plans to establish a CO2 hub called Greenport Scandinavia on the Danish North Sea coast, which is, among ot

about 3 years ago
EnBW books HEH’s Stade terminal for LNG and hydrogen imports
Outlook & Strategy

EnBW books HEH’s Stade terminal for LNG and hydrogen imports

German energy company EnBW has revealed plans to import three billion cubic metres (cbm) of liquefied natural gas (LNG) per year via Hanseatic Energy Hub (HEH) in Stade. EnBW booked long-term capacity at HEH’s terminal in the past few days as part of a sales process and expects to make a significant

about 3 years ago
New contract to bring Solstad PSV a battery-hybrid system
Outlook & Strategy

New contract to bring Solstad PSV a battery-hybrid system

Norwegian shipping company Solstad Offshore has won five-year contracts with Equinor UK for two of its platform supply vessels (PSVs), with one vessel set to be upgraded with a battery-hybrid system and shore power. The contracts were signed for PSVs Normand Naley and Sea Frost and both will run for

about 3 years ago
shipping
Outlook & Strategy

Mærsk Mc-Kinney Møller Center outlines 4 key actions to fast-track decarbonization

The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ

about 3 years ago
Van Oord's new cable-laying vessel drops anchor in Norway
Outlook & Strategy

Van Oord’s new cable-laying vessel drops anchor in Norway

Van Oord’s new cable-laying vessel Calypso has arrived in Norway where it will undergo the installation of cable carousels, as well as other finishing touches. Work on the first of two cable carousels has already started at VARD’s Brattvaag shipyard in Norway, where the construction of Calypso will

about 3 years ago
Seafarers
Outlook & Strategy

Unions, employers sign pact to keep pandemic cooperative spirit alive as decarbonization challenges loom

Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I

about 3 years ago
Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms
Outlook & Strategy

Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms

UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.

about 3 years ago
Aker Carbon Capture joins UK carbon capture and storage project
Outlook & Strategy

Aker Carbon Capture joins UK carbon capture and storage project

Aker Carbon Capture is joining UK recycling, renewable energy and waste management company Viridor on a pre-FEED study for a carbon capture and storage (CCS) project nearby Liverpool, which is set to be one of the first large-scale carbon capture projects at an energy-from-waste facility in the worl

about 3 years ago
Oldendorff Carriers
Outlook & Strategy

Oldendorff blasts CII calling for urgent revision

IMO’s new Carbon Intensity Indicator (CII) regulations will not help the environment and may actually lead to higher rather than lower emissions, German dry bulk carrier owner and operator Oldendorff Carriers said. The company released a study that delves into the rating scheme pointing to examples

about 3 years ago
cma cgm
Outlook & Strategy

26 LNG-powered ships to join Ocean Alliance Day 7

Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a

about 3 years ago
MAN Engine 6L4960DF
Outlook & Strategy

MAN showcases methanol-ready engine from testbed, says it can keep vessels compliant until 2050

German engine manufacturing powerhouse MAN Energy Solutions demonstrated today the performance of its new dual-fuel four-stroke 49/60DF engine from the testbed in Augsburg, Germany. Based on the information presented today, MAN claims that its 49/60 DF engine offers a feasible decarbonization pathwa

about 3 years ago
UK and US forge energy alliance to ‘bring down prices and help end dependence on Russian energy once and for all’
Outlook & Strategy

UK and US forge energy alliance to ‘bring down prices and help end dependence on Russian energy once and for all’

UK and US have formed a new energy partnership to increase energy security and drive down prices, as part of an initiative announced today by Prime Minister Rishi Sunak and US President Joe Biden. Under the new ‘UK-US Energy Security and Affordability Partnership’, the parties will work together to

about 3 years ago
bulker
Outlook & Strategy

INTERCARGO: CII cannot be used to achieve desired decarbonisation goals

The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei

about 3 years ago