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Outlook & Strategy

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Portsmouth International Port
Outlook & Strategy

Portsmouth Port powers up with solar

Portsmouth International Port has completed the installation of its new solar and battery system which is now fully operational. The system is comprised of 2,660 solar panels, providing an impressive 35% of the site’s electricity, enabling the port to move one step closer to becoming one of the UK’s

about 3 years ago
El Musel LNG terminal welcomes first commercial ship
Outlook & Strategy

El Musel LNG terminal welcomes first commercial ship

Energy major Enagás has announced that the El Musel LNG terminal in Gijón, Spain, has received power major Endesa’s first vessel, the 180,000 m3 capacity Gaslog Warsaw, following the final technical tests required before the plant’s commercial commissioning. According to Enagás, on 31 July, followin

about 3 years ago
Denmark postpones second tender for offshore CO2 storage licenses
Outlook & Strategy

Denmark postpones second tender for offshore CO2 storage licenses

The Danish Energy Agency has postponed the second tender round for the award of offshore CO2 storage licenses in the North Sea. The tender was set to open on 15 August according to the executive order on CO2 storage license tenders. In line with the Agreement on the framework for CO2 storage in Denm

about 3 years ago
LNG carrier
Outlook & Strategy

Clarksons: South Korean yards reclaim throne in orders, while China claims dominance in ship owning

South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.4

about 3 years ago
Norvic Copenhagen
Outlook & Strategy

Norvic Shipping expands fleet with energy-efficient Ultramax newbuild

Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con

about 3 years ago
Underwater life surveys completed for two multi-gigawatt Baltic Sea offshore wind projects
Outlook & Strategy

Underwater life surveys completed for two multi-gigawatt Baltic Sea offshore wind projects

OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it has used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatu

about 3 years ago
QED Naval pursuing tidal resources on UK South Coast with new base
Outlook & Strategy

QED Naval eyes tidal resources on UK South Coast with new base

Scottish marine energy company QED Naval has established an operations base on the UK’s South Coast with the aim of pursuing tidal resources in the area. QED, as part of its EU Interreg Tiger Project, established an operations base at Langstone Harbour, near Portsmouth, to tap into what it says are

about 3 years ago
Chevron and Cummins boost their hydrogen and lower-carbon fuel collaboration
Outlook & Strategy

Chevron and Cummins boost their hydrogen and lower-carbon fuel collaboration

Chevron U.S.A. Inc., a subsidiary of Chevron, and technology provider Cummins have signed a memorandum of understanding (MoU) to advance their collaboration on hydrogen, natural gas, and other lower-carbon fuel value chains. The MoU expands the two companies’ previous strategic collaboration on hydr

about 3 years ago
Argeo secures patent for new method for buried objects detection
Outlook & Strategy

Another patent in for Argeo

Argeo Robotics has secured a new patent from the Norwegian Industrial Patent Office (Patentstyret), this time for a subsea electromagnetic remote-sensing system for detecting buried objects below the seafloor. The patent protects Argeo’s exclusive services with the Argeo Whisper system for detecting

about 3 years ago
Stolt-Nielsen names new CEO
Outlook & Strategy

Stolt-Nielsen names new CEO

After 23 years as Chief Executive Officer, Niels G. Stolt-Nielsen will step down from his role as CEO of Stolt-Nielsen, a Norwegian company specializing in chemical and bulk liquid transportation and storage, on September 1, 2023. He will be succeeded as CEO by Udo Lange and will assume the role of

about 3 years ago
Golar sees growth in FLNG business as floater Gimi readies to leave yard
Outlook & Strategy

Golar sees growth in FLNG business as floater Gimi readies to leave yard

In its Q2 2023 report, Golar LNG, owner and operator of LNG midstream infrastructure, has announced growth in its FLNG business. The company revealed that conversion works on FLNG Gimi are 97% complete, with the floater scheduled to leave the yard in September 2023. Final checks, storing up and sea

about 3 years ago
llustration/Morlais Demonstration Zone (Archive/Courtesy of Marine Energy Wales)
Outlook & Strategy

Op-ed: Harnessing the power of the seas – an expert opinion on the future of marine energy in Wales

Professor Ron Loveland, Energy Advisor to the Welsh government, has shared his expert opinion on the future of marine energy sector in Wales.

about 3 years ago
75-meter research vessel joins TDI Brooks' fleet
Outlook & Strategy

75-meter research vessel joins TDI Brooks’ fleet

TDI-Brooks has added a new 75-meter-long research vessel to its fleet that is set to perform subsea services once it completes a retrofit program. Nautilus, formerly Nautical Geo, offers offshore assistance with subsea services, construction aid, exploration, production, remotely operated vehicle (R

about 3 years ago
HMM
Outlook & Strategy

HMM orders four multi-purpose heavy-lift ships in China

South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research Institute (SDARI), the vessels will be equippe

about 3 years ago
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