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Outlook & Strategy

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Evergreen
Outlook & Strategy

Evergreen launches Taiwan’s 1st fully-automated container terminal

Taiwanese shipping firm Evergreen Marine Corp. (EMC) held an official opening ceremony for the newly built Terminal 7 at Kaohsiung Port, Taiwan, on Monday, August 14. This is the first and largest fully-automated container terminal equipped with remote-controlled gantry cranes in Taiwan. The facilit

about 3 years ago
Strohm’s deep-water TCP makes a splash in South America
Outlook & Strategy

Strohm’s deep-water TCP makes a splash in South America

Strohm has installed and commissioned its first deep-water, high-pressure thermoplastic composite pipe (TCP) jumper in South America for ExxonMobil Guyana. The jumper, incorporating advanced carbon fiber and polyamide12 materials, is used for water alternating gas (WAG) injection at ExxonMobil Guyan

about 3 years ago
Safe Concordia; Source: Prosafe
Outlook & Strategy

Prosafe sees new opportunities for its vessels as tender activity for 2024 and beyond heats up

Prosafe is optimistic about the demand outlook for 2024 and beyond thanks to a substantial boost in tendering activity for this period.

about 3 years ago
ADNOC Gas and JAPEX conclude 5-year LNG supply deal
Outlook & Strategy

ADNOC Gas and JAPEX conclude 5-year LNG supply deal

UAE’s integrated gas processing company ADNOC Gas has signed a five-year LNG supply agreement with energy company Japan Petroleum Exploration (JAPEX). ADNOC said the agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), builds on the long-standing bilateral rela

about 3 years ago
Perenco and Carbon Catalyst win two more carbon storage licenses
Outlook & Strategy

Perenco and Carbon Catalyst win two more carbon storage licenses

Following the carbon storage license award to progress the Poseidon project over the Leman fields, Perenco UK and Carbon Catalyst have secured two further CO2 storage licenses in the Southern North Sea sector of the UK Continental Shelf (UKCS). The Orion carbon capture and storage (CCS) project enco

about 3 years ago
Tufton Anemoi rotor sails
Outlook & Strategy

Tufton’s bulker to save 10 pct of fuel after fitting rotor sails

China-based Chengxi Shipyard has completed the installation of Anemoi’s rotor sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier. The installation was completed in June 2023. TR Lady is owned by TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management and is on a time charter wi

about 3 years ago
Danish Minister visits HySynergy facility, discusses green fuels and hydrogen
Outlook & Strategy

Danish Minister visits HySynergy facility, discusses green fuels and hydrogen

Danish Minister of Industry, Business and Financial Affairs, Morten Bødskov, has paid a visit to the HySynergy facility to talk about green fuels and the “next big export adventure,” hydrogen. According to the Danish green hydrogen provider Everfuel, Minister Bødskov was introduced to how hydrogen a

about 3 years ago
Gardline set for survey at UK North Sea gas project
Outlook & Strategy

Gardline set for survey at UK North Sea gas project

Oil and gas services provider Hartshead Resources NL (HHR) and its joint venture partner Rockrose Energy have awarded Gardline with a contract to perform a geophysical survey for field developments located in the Southern North Sea. Following a competitive tender and subsequent technical and commerc

about 3 years ago
Odfjell rotor sails
Outlook & Strategy

Industry’s first: Odfjell to install suction sails on a chemical tanker

Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, catego

about 3 years ago
Flying colors for Fugro USV in Danish waters
Outlook & Strategy

Flying colors for Fugro USV in Danish waters

Fugro’s Blue Essence uncrewed surface vessel (USV) has completed its first project in Denmark, with operations being controlled remotely from the UK. Fugro reported that its 12-meter Blue Essence USV had completed the data acquisition of a cable route survey in the North Sea for Denmark’s Energy Isl

about 3 years ago
North Ammonia appoints new CEO
Outlook & Strategy

North Ammonia appoints new CEO

The Board of Directors at North Ammonia, a Norwegian green energy provider, has appointed new Chief Executive Officer (CEO). As disclosed, the new CEO is Mikkel Tørud who comes from the Oslo stock exchange listed renewable energy Scates ASA where he held several management positions, the most recent

about 3 years ago
Baker Hughes and Marine Power Systems shake hands to electrify oil & gas
Outlook & Strategy

Baker Hughes and Marine Power Systems shake hands to electrify oil & gas

Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems. According to the partners, meeting global net-zero targets requires a dual strategy where eff

about 3 years ago
Angelicoussis carrier delivers first LNG cargo to Nansha Guangzhou terminal
Outlook & Strategy

Angelicoussis carrier delivers first LNG cargo to Nansha Guangzhou terminal

Greek Angelicoussis Group’s LNG carrier Maran Gas Coronis has delivered the first LNG cargo to China’s Nansha Guangzhou LNG terminal. The vessel was berthed at the terminal on 8 August 2023, Angelicoussis stated on social media, adding that during the week-long operation, the carrier undertook the c

about 3 years ago
Two companies join Aquarius Innovation Forum
Outlook & Strategy

Two companies join Aquarius Innovation Forum

Japanese companies NittoSeiko and Sunflame have joined the Aquarius Innovation Forum, a dynamic and collaborative platform that emerged from Eco Marine Power’s research project collaboration initiatives. Eco Marine Power, an internationally focused technology company based in Fukuoka, Japan, develop

about 3 years ago
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