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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsGreen MarineProject & TendersVesselsAuthorities & GovernmentMarket OutlooksRegulation & PolicyTransitionVisionClean FuelFiltration & SeparationHydrogenPropulsionShipbuildingCollaborationInfrastructureResearch & DevelopmentTechnologyEnvironmentInnovationRules & RegulationLNGEquipmentHuman CapitalOther FuelsBiofuelsOperations & Maintenance
12-meter USV destined for Fugro hits the water
Outlook & Strategy

12-meter USV destined for Fugro hits the water (Video)

SEA-KIT International’s uncrewed surface vessel (USV) destined for Fugro has completed sea and endurance trials and will soon leave for the Dutch company’s UK office. SEA-KIT reported on 3 August that its latest X-Class USV for Fugro had undergone comprehensive sea and endurance trials and is soon s

about 3 years ago
Maria Antonia Yulo-Loyzaga, environment secretary at DENR (Courtesy of Philippine government)
Outlook & Strategy

Philippines to streamline offshore wind and floating solar guidelines

Philippine government departments are working on updating the offshore wind and floating solar guidelines so they would become components of the next year’s National Expenditure Program (NEP).

about 3 years ago
Euronav
Outlook & Strategy

Euronav inks $190.5 mln sustainability-linked loan for four newbuilds

Belgian tanker shipping major Euronav has received a commitment of $190.5 million to finance four newbuildings entering service in 2023 as part of the company’s latest sustainability-linked financing. Euronav has been working on its sustainability-linked financing since 2020, when it started convert

about 3 years ago
MOL advances Wind Hunter project with purified water production system for hydrogen generation
Outlook & Strategy

MOL advances Wind Hunter project with purified water production system for hydrogen generation

Japanese shipping company Mitsui O.S.K. Lines (MOL) is advancing its Wind Hunter project with the initiative to develop a pure water production system for hydrogen generation. MOL’s Wind Hunter project aims to harness offshore wind energy to produce hydrogen from water onboard and convert it into pr

about 3 years ago
Yanmar boosts maritime decarbonization with hydrogen fuel cell system
Outlook & Strategy

Yanmar boosts maritime decarbonization with hydrogen fuel cell system

Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has commercialized a maritime hydrogen fuel cell system towards the decarbonization of the maritime industry. The company said it plans to propose the installation of the system into various ships, including passenger ships, wor

about 3 years ago
China wind-asssisted ship
Outlook & Strategy

Wind-installed vessels set to surpass 40+ target by year-end

The wind-assisted propulsion sector has experienced remarkable growth and continued momentum during the first half of 2023, with significant advancements reshaping the maritime industry. During this period the sector has seen five new installations, the delivery of six wind-ready vessels, and boasts

about 3 years ago
Euronav
Outlook & Strategy

A flurry of orders continues into summer with tankers leading the charge

The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc

about 3 years ago
Gary Brennan, GKinetic Energy's new CTO (Courtesy of GKinetic Energy)
Outlook & Strategy

Irish hydrokinetic developer appoints new technology chief

GKinetic Energy has appointed Gary Brennan as chief technology officer (CTO) in an effort to further strengthen its technological capabilities and drive innovative applications of its hydrokinetic technology in the renewable energy sector.

about 3 years ago
Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre
Outlook & Strategy

Technip Energies and Enerkem sign biofuels and circular chemicals deal

Technology companies Technip Energies and Enerkem have signed a Memorandum of Understanding (MoU) to enter into a collaboration agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials. Specificall

about 3 years ago
MAN Heangli Heavy Industries
Outlook & Strategy

MAN inks licensing deal with Hengli Heavy

Hengli Engine (Dalian) Co., Ltd., a subsidiary of Hengli Heavy Industry, has entered into a patent licensing agreement with marine engine powerhouse MAN Energy Solutions. The signing ceremony, attended by prominent figures from both companies, was held on July 31, marking the official initiation of

about 3 years ago
Greece Upgraded Ionian Islands interconnector begins operation
Outlook & Strategy

Greece: Upgraded Ionian Islands interconnector begins operation

Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) has put into operation the upgraded Zakynthos-Kyllini interconnection, said to secure the energy supply of the Ionian Islands. The new 150 kV high-voltage submarine cable system replaced the existing interconnect

about 3 years ago
Norden buys into Danish-Indian biofuel scale-up to strengthen future supply
Outlook & Strategy

Norden buys into Danish-Indian biofuel scale-up to strengthen future supply

Danish shipping company Norden has acquired a minority stake in MASH Makes, a Danish-Indian biofuel scale-up which researches, develops and produces renewable fuels from biomass waste. Norden sees the investment as a strategic partnership that will help secure access to renewable fuels, specifically

about 3 years ago
Commercial operation starts at LNG-fired power station Anegasaki new unit 3
Outlook & Strategy

Commercial operation starts at LNG-fired power station Anegasaki new unit 3

Japan’s Anegasaki thermal power station new unit 3, which energy company JERA has been replacing through its subsidiary JERA Power Anegasaki, has begun commercial operation on 1 August. As a result, all of the units from 1 to 3 in Anegasaki station have commenced commercial operations. New unit 3 is

about 3 years ago
Chariot and partners extend collaboration on green H2 projects in Morocco
Outlook & Strategy

Chariot and partners extend collaboration on green H2 projects in Morocco

Chariot Green Hydrogen, a subsidiary of Africa-focused energy group Chariot, Oort Energy, a UK-based manufacturer of green hydrogen systems, and Mohammed VI Polytechnic University (UM6P) have signed new partnership agreements to extend their collaboration to test the production of green hydrogen in

about 3 years ago
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