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Outlook & Strategy

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FSRU Neptune+
Outlook & Strategy

DUH takes legal action against LNG terminal in Lubmin

The German Environmental Aid (Deutsche Umwelthilfe – DUH) has filed a lawsuit against the operation of the LNG terminal ship Neptune in Lubmin on the Baltic Sea as it considers it illegal. With the lawsuit at the Federal Administrative Court, the DUH is demanding that Deutsche ReGas revoke the licen

about 3 years ago
MHI launches operations at Nagasaki Carbon Neutral Park
Outlook & Strategy

MHI launches operations at Nagasaki Carbon Neutral Park

Japan’s Mitsubishi Heavy Industries (MHI) has started operations at Nagasaki Carbon Neutral Park, a center dedicated to the development of MHI Group’s energy decarbonization technologies. Located in Nagasaki, the new base is expected to progressively expand over the coming years, and according to MH

about 3 years ago
Green light for Aker Solutions, Subsea 7 and SLB joint venture
Outlook & Strategy

Green light for Aker Solutions, Subsea 7 and SLB joint venture

Aker Solutions, Subsea 7 and SLB have obtained all required regulatory approvals from competition authorities for the establishment of a subsea joint venture (JV). “We are now a big step closer to day 1 for the coming world-class subsea company Aker Solutions are establishing together with SLB and S

about 3 years ago
methanol powered tanker
Outlook & Strategy

July orders propel methanol past 200 ships mark

According to the latest data from DNV’s Alternative Fuel Insights (AFI) database, the month of July saw the addition of 14 LNG-fueled ships. Still, the real star of the show was methanol, with a staggering 48 methanol-fueled ships, including retrofits, joining the ranks. The July orders have pushed

about 3 years ago
maersk
Outlook & Strategy

Market normalization hits Maersk’earnings as demand woes and phasing in massive orderbook challenges loom

As the demand in the container shipping sector normalizes after a massive surge during COVID-19, the industry majors are reporting lower earnings and bracing for the upcoming period trying to keep discipline in Capex spending. Industry major Maersk reported a better-than-anticipated quarterly profit

about 3 years ago
Yangzijiang Shipbuilding
Outlook & Strategy

Clean energy vessels propel Yangzijiang Shipbuilding’s soaring orderbook to $14.70 bln

In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. The strong demand for clean energy vessels has been a sig

about 3 years ago
French telecom giant takes delivery of offshore wind cable laying vessel
Outlook & Strategy

French telecom giant takes delivery of offshore wind cable laying vessel

French telecommunications corporation Orange has taken delivery of its new cable laying and repair vessel (CLRV), said to be designed for the maintenance of cables for offshore wind projects. The vessel, named Sophie Germain after the pioneering French mathematician and philosopher, is currently on

about 3 years ago
Crown LNG awarded Aker FEED contract for Kakinada LNG
Outlook & Strategy

Crown LNG Holdings to go public via merger deal

Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment, a publicly traded special purpose acquisition company, have announced a definitive agreement for a business combination that is set to result in Crown becom

about 3 years ago
Illustration/Wave energy array based on H-WEC technology (Courtesy of Havkraft)
Outlook & Strategy

Norwegian company sets sights on Southeast Asia’s wave energy potential

Norwegian wave energy company Havkraft has joined forces with Singapore-based Neuto to spearhead green transition in Southeast Asia through the development of ocean energy projects using the Havkraft N-class wave power plant.

about 3 years ago
Pavilion Energy
Outlook & Strategy

World’s largest LNG bunkering vessel refuels first VLCC in milestone operation

The world’s largest LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) has completed its first ship-to-ship bunkering operation involving a very large crude carrier (VLCC) at the anchorage of Guangzhou Port. The 8.5-hour operation saw Offshore Oil 301 provide the 320,000-ton dual-fuel tanke

about 3 years ago
oil spill response
Outlook & Strategy

Gibraltar bunker spill highlights the urgency to break free from fossil fuels. But how safe are the alternatives?

Operations at the Port of Gibraltar have ground to a halt following a bunker fuel spill from a ship anchored in the Bay of Gibraltar. The spill occurred during a ship-to-ship refueling operation involving the Panama-flagged LPG tanker Gas Venus, at approximately 8:22 a.m. on Tuesday morning. As info

about 3 years ago
UK subsea inspection specialist in deals with companies from Nigeria and Singapore
Outlook & Strategy

UK subsea inspection specialist in deals with companies from Nigeria and Singapore

UK-based TSC Subsea and Nigerian SubseaRobotix have established a strategic partnership to deliver subsea engineering and structural integrity solutions in the Nigerian market. According to TSC Subsea, both companies share similar core values and will together provide inspection data for subsea asse

about 3 years ago
SEA-LNG coalition welcomes MSC as its latest member
Outlook & Strategy

SEA-LNG coalition welcomes MSC as its latest member

MSC Mediterranean Shipping Company has joined SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway as a route to shipping’s decarbonization. In recent years, MSC has made investments in LNG-fuelled vessels in the different sectors it operates. In 20

about 3 years ago
Illustration/Wave energy device (Photo: YouTube/Screenshot)
Outlook & Strategy

US DOE makes available $1.2M for high-impact water power research for minority-serving institutions

The US DOE’s WPTO and MSRDC have opened a $1.2 million funding opportunity to support promising, potentially high-impact water power research ideas from minority-serving colleges and universities.

about 3 years ago
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