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Outlook & Strategy

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LR approves LNT Marine’s LNG A-BOX and Fuel-BOX systems
Outlook & Strategy

LR approves LNT Marine’s LNG A-BOX and Fuel-BOX systems

U.K.’s classification society Lloyd’s Register (LR) has awarded approval in principle (AiP) to Norwegian technology provider LNT Marine for its LNT A-BOX cargo containment system for medium to large-scale LNG carriers and the LNG Fuel-BOX fuel tank system. LNT Marine said the LNT A-BOX cargo contain

about 3 years ago
Owner of largest fleet of Seaeye Falcons orders more
Outlook & Strategy

Owner of largest fleet of Seaeye Falcons orders more

Aberdeen-based Underwater Contracting (UCO), owner of the largest fleet of Saab UK’s Seaeye Falcons, has ordered a further six underwater vehicles to cater for contracts in renewables, oil & gas and aquaculture markets. The new order follows the award of major contracts in the aquaculture, renewable

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about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Outlook & Strategy

Norway wants to see oil & gas and renewables ‘thriving’ side-by-side

The Norwegian Petroleum Directorate (NPD) has underlined the importance of the coexistence of multiple energy industries on the NCS.

about 3 years ago
C-LNG wins BV’s AiP for its ammonia fuel supply system
Outlook & Strategy

C-LNG wins BV’s AiP for its ammonia fuel supply system

France-headquartered classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to Singapore-headquartered C-LNG for its ammonia low flash point fuel supply system (LFSS). The system was developed in cooperation with Swiss marine power company WinGD and is based on WinGD’s 6X

about 3 years ago
nkt
Outlook & Strategy

Danish power cable company secures long-term copper supplies

Denmark-headquartered NKT has signed a long-term contract with a European company for the supply of copper rod that will be used for cables destined for offshore wind projects. To secure the supply of copper for its production of power cables, NKT signed an agreement with Polish copper supplier KGHM

about 3 years ago
ABS and partners to collaborate on LCO2 carrier design
Outlook & Strategy

ABS and partners to collaborate on LCO2 carrier design

Classification society American Bureau of Shipping (ABS) has entered a joint industry project (JIP) with ECOLOG Services, Hanwha Ocean and Babcock International Liquid Gas Equipment (LGE) to work on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets

about 3 years ago
Hydrogen will be key enabler of energy transition, industry experts claim
Outlook & Strategy

Hydrogen will be key enabler of energy transition, industry experts claim

At this year’s Gastech, an annual natural gas, LNG, hydrogen, low-carbon solutions and climate technologies event, held in Singapore, industry experts discussed how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy pro

about 3 years ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Outlook & Strategy

G20 leaders agree to expedite efforts to triple global renewable energy by 2030

G20 leaders have decided to accelerate efforts to triple total renewable energy capacity and underscore the global need for over $4 trillion of annual investments until 2030, endorsing recommendations from the International Renewable Energy Agency (IRENA) for global renewable energy adoption. In a d

about 3 years ago
ammonia
Outlook & Strategy

Bureau Veritas launches renewable ammonia certification scheme

Classification society Bureau Veritas (BV) has set up a renewable ammonia scheme, expected to assure safe, sustainable ammonia production from renewable energy. Ammonia has been produced and used for decades, but currently, natural gas is used as the main source in its production. According to BV, u

about 3 years ago
Grieg Maritime
Outlook & Strategy

Grieg Maritime lifts option for two more ammonia-ready open hatch bulkers

Norwegian shipowner Grieg Maritime Group has exercised options for two additional ammonia-ready open hatch bulk carriers taking the total to four ships. The option was part of the contract signed in May this year with CSSC Huangpu Wenchong Longxue in China which included two firm plus two optional 8

about 3 years ago
Gorgon project; Source: Chevron
Outlook & Strategy

Strike action in full swing at Chevron’s Australian LNG facilities

Workers at three of Chevron’s LNG projects embarked on Protected Industrial Action, taking part in rolling stoppages, bans, and limitations.

about 3 years ago
MHI and FirstElement Fuel complete reliability testing of MHI’s LH2 pump
Outlook & Strategy

MHI and FirstElement Fuel complete reliability testing of MHI’s LH2 pump

FirstElement Fuel (FEF), a provider of hydrogen refuelling solutions, and Mitsubishi Heavy Industries (MHI), delivering innovative and integrated solutions to realize a carbon-neutral world, have reached 250 hours of operation on the long-term durability test of MHI’s 90 MPa class liquid hydrogen pu

about 3 years ago
QED Naval’s SubHub platform being towed to site in Langstone Harbour (Courtesy of QED Naval)
Outlook & Strategy

MOR Energy and Magallanes Renovables applaud UK’s tidal energy boost

“It’s official, the tidal stream energy market has taken off with 11 companies awarded the contracts for difference,” said Mor Energy, a QED Naval subsidiary company, which has been supported in the latest UK renewables auction round along with Spanish-based Magallanes Renovables which also welcomed

about 3 years ago
IMO
Outlook & Strategy

UMAS: IMO’s 2030 and 2040 targets are ‘very close’ to 1.5°C pathway and spell the end of fossil-fuelled shipping

A recent analysis by UK-based maritime consultancy UMAS has shed light on the alignment of the Revised IMO GHG Strategy with science-based targets, which will require a strong and rapid response from national and regional governments as well as corporations alike. Failure to do so could relegate the

about 3 years ago