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Outlook & Strategy

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Cargo
Outlook & Strategy

UNCTAD: GHG emissions from the world’s maritime fleet heading in wrong direction

Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f

about 3 years ago
With Celtic Interconnector deal in the bag, Nexans tucks ‘important milestone’ under its belt
Outlook & Strategy

With Celtic Interconnector deal in the bag, Nexans tucks ‘important milestone’ under its belt

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A deal for the Celtic Interconnector project brings Nexans closer to becoming a pure electrification player.

about 3 years ago
QatarEnergy agrees to supply LNG to Germany for at least 15 years
Outlook & Strategy

QatarEnergy agrees to supply LNG to Germany for at least 15 years

QatarEnergy has signed two long-term LNG sale and purchase agreements with ConocoPhillips affiliates to deliver up to 2 million tons per annum (mtpa) of LNG from Qatar to Germany. Under the two agreements, a ConocoPhillips wholly-owned subsidiary will purchase the agreed quantities to be delivered e

about 3 years ago
How is the transition to renewables faring in the midst of a global energy crisis?
Outlook & Strategy

How is the transition to renewables faring in the midst of a global energy crisis?

Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future.

about 3 years ago
New North Sea assignments for DeepOcean with offshore wind and oil & gas players
Outlook & Strategy

New North Sea assignments for DeepOcean with offshore wind and oil & gas players

DeepOcean has been awarded substantial contracts by three oil majors – Equinor, ConocoPhillips and BP – for work in the North Sea.

about 3 years ago
Shell spending $2 billion to buy the largest biomethane producer in Europe
Outlook & Strategy

Shell spending $2 billion to buy the largest biomethane producer in Europe

Shell Petroleum, a wholly-owned subsidiary of Shell, has entered into an agreement to acquire 100% shareholding of Nature Energy Biogas, a Denmark-based producer of renewable natural gas (RNG), for nearly $2 billion. By purchasing the shares in Nature Energy, Shell said it will acquire the largest R

about 3 years ago
Damen
Outlook & Strategy

Damen wants to have methanol-powered tugs production-ready in 2026

Dutch shipbuilder Damen has signed a Memorandum of Understanding (MoU) with U.S.-based engine manufacturer Caterpillar and official Cat dealer for the Netherlands Pon Power for the joint development of a series of dual-fuel methanol/diesel powered tugs. “A big step in Damen‘s aim to become the world

about 3 years ago
Rolls-Royce AE 2100-A hydrogen test at Boscombe Down (Courtesy of Rolls-Royce)
Outlook & Strategy

Green hydrogen produced by wind and tidal energy sets new aviation milestone

Green hydrogen produced at the European Marine Energy Centre’s (EMEC’s) hydrogen production and tidal test facility has been used to fuel the ground test of a Rolls-Royce jet engine.

about 3 years ago
Woodside brings North West Shelf LNG to Europe amid ‘urgent need for alternative sources’
Outlook & Strategy

Woodside brings North West Shelf LNG to Europe amid ‘urgent need for alternative sources’

Australian energy major Woodside Energy has shipped a liquefied natural gas (LNG) from Australia’s North West Shelf to Europe to contribute to the security of supplies. The cargo of approximately 75,000 tonnes of LNG (100 million cubic metres of natural gas) was delivered on board the Woodside Rees

about 3 years ago
WFW assists NORD/LB on €100M German LNG terminal financing
Outlook & Strategy

WFW assists NORD/LB on €100M German LNG terminal financing

London-based law firm Watson Farley & Williams has advised Norddeutsche Landesbank Girozentrale (NORD/LB), one of the largest commercial banks in Germany, on the long-term financing of an import terminal for liquefied gas to be constructed in Stade-Buetzfleh, Lower Saxony, Germany. The project, whic

about 3 years ago
Finnish partners developing technology for onboard hydrogen production from LNG
Outlook & Strategy

Finnish partners developing technology for onboard hydrogen production from LNG

Finnish technology group Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned compatriot company specialising in the development of technology for producing clean hydrogen and solid carbon from methane. Under the agreement, the two companies will

about 3 years ago
CMA CGM
Outlook & Strategy

CMA CGM to call for decarbonization projects in early 2023 bankrolled by €200 mln budget

French container shipping CMA CGM is getting ready to launch a call for projects in early 2023 intended to support the decarbonization of the French shipping and port industry. The company has already committed a €200 million budget for the projects from its five-year $1.5 billion budget, which was

about 3 years ago
Large-scale Battolyser plant for green hydrogen production to be set up in Rotterdam Port
Outlook & Strategy

Large-scale Battolyser plant for green hydrogen production to be set up in Rotterdam Port

The Dutch Port of Rotterdam has been selected as the location for the first large-scale Battolyser factory that aims to meet the growing demand for green hydrogen and electricity storage. Battolyser Systems is the developer and manufacturer of the world’s first integrated battery/electrolyser system

about 3 years ago
Finnish green energy producer bags R&D funding for hydrogen and ammonia
Outlook & Strategy

Finnish green energy producer bags R&D funding for hydrogen and ammonia

Green NortH2 Energy, a pioneer of green ammonia production in Finland, has won R&D funding from Business Finland, a public organisation under the Finnish Ministry of Employment and the Economy. Green NortH2 Energy has been granted €2.3 million in research and development funding that will be used in

about 3 years ago