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The test tank of the FloWave Ocean Energy Research Facility (Courtesy of FloWave)

Outlook & Strategy

WES books test facility in search of ‘ideal’ wave and wind hybrid platform

Wave Energy Scotland (WES) has selected FloWave research facility of the University of Edinburgh to conduct tank testing campaigns of potential hybrid platforms which combine wind and wave energy technologies.

about 3 years ago

Oil & gas players looking into electrification of West of Shetland assets with onshore and offshore wind

Outlook & Strategy

Wind power in the running for electrification of West of Shetland oil & gas assets

BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

about 3 years ago

Illustration/Marmok-A5 wave energy device deployed off Basque coast at BiMEP (Courtesy of EVE)

Outlook & Strategy

Spain adopts regulatory framework for €200M grant program for marine renewables

The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has published a document which sets out the regulatory bases for the allocation of state grants for the development of marine renewable energy pilot projects and associated infrastructure.

about 3 years ago

Outlook & Strategy

DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero

DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.

about 3 years ago

Outlook & Strategy

Leonardo da Vinci starts installing cables in Greece

Prysmian Group’s cable-laying vessel Leonardo da Vinci has commenced the offshore installation campaign of the subsea link that will connect the Greek Crete island and mainland Greece. The Crete-Attica project will comprise a total submarine length of 336 kilometers to be laid at a maximum depth of

about 3 years ago

Liverpool’s mayor Steve Rotheram (left) with K-water’s vice president Jeong kyeongyun during the signing of the MoA (Courtesy of Liverpool City Region Combined Authority)

Outlook & Strategy

Liverpool eyes South Korean know-how on tidal range power projects

Liverpool City Region has signed an agreement with Korea Water Resources Corporation (K-water) to cooperate and share lessons that could help the region develop the world’s largest tidal power scheme on the River Mersey.

about 3 years ago

Outlook & Strategy

CMA CGM to bolster capacity at New York and New Jersey terminals following takeover

French container shipping major CMA CGM Group has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc (GCT). The Port of New York and New Jersey represents CMA CGM’s largest gateway on the U.S. East and Gulf Coasts. The company n

about 3 years ago

Outlook & Strategy

Trafigura to learn the ropes on using methanol with dual-fuel tanker chartered from Waterfront Shipping & Clean Sea

Canada’s Waterfront Shipping, a subsidiary of Methanex, the world’s largest producer, and supplier of methanol, has entered into a time-charter agreement with Trafigura for a methanol dual-fuel tanker. Under the agreement, Trafigura will operate the co-owned Waterfront Shipping and Clean Sea medium-

about 3 years ago

Outlook & Strategy

Germany opens €900 million call for import of green hydrogen derivatives

Following the recent establishment of the world’s first financing platform for tailored financing of infrastructure for green hydrogen, Germany is now looking to award nearly €1 billion (€900 million) in funding for the import of hydrogen derivatives. On 5 December, the Federal Ministry for Economic

about 3 years ago

Outlook & Strategy

LH2 Europe CEO: Hydrogen bankability and financeability major challenges

“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen i

about 3 years ago

Outlook & Strategy

Lift-off: Watch as Airseas kite system takes to the air during sea trials

France-based wind propulsion developer Airseas has revealed the first pictures and video footage of its automated kite system Seawing in flight during ongoing transatlantic sea trials. The material is being revealed following the completion of the crucial initial stages of the trials, which are taki

about 3 years ago

Outlook & Strategy

Maersk to study feasibility of green fuels bunkering in Oman

Danish container shipping major Maersk is resuming its partnership-building strategy aimed at securing the supply of green fuels for its new ships. Namely, the company has signed a Memorandum of Cooperation (MoC) with the Alternative Energy (AE) business unit of OQ, a global integrated energy compan

about 3 years ago

Barry Bednar, SodaFlexx CEO; Image by Sodaflexx

Outlook & Strategy

SodaFlexx CEO: The best fuel is unburnt fuel

The best solution for the shipping sector to cut CO2 emissions in the short term is to resort to fuel consumption efficiency measures in anticipation of greater maturity of green fuels’ production and the development of the relevant infrastructure, as explained by Barry Bednar, CEO of SodaFlexx. The

about 3 years ago

Outlook & Strategy

Ashtead Technology makes another acquisition

UK-headquartered subsea technology specialist Ashtead Technology has acquired the entire share capital of Hiretech for a total consideration of £20 million on a cash and debt-free basis, expanding its mechanical solutions service offering. Established in 2011, Hiretech is a management-owned, Aberdee

about 3 years ago