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Outlook & Strategy

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Engie names new chief operating officer
Outlook & Strategy

Engie to boost decarbonization of sea transport

As part of the Grand Canal du Havre call for projects, through the conclusion of state titles, Haropa Port has awarded French utility company Engie 24 hectares (ha) of land for the development of a benchmark platform for alternative new industrial fuels embodied by the Salamandre and France KerEAUze

about 3 years ago
Newcleo
Outlook & Strategy

Fincantieri, RINA team up with newcleo to test feasibility of nuclear naval propulsion

newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applicati

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about 3 years ago
Illustration/Oneka Technologies' wave energy-drive desalination platform (Courtesy of Oneka Technologies)
Outlook & Strategy

Oneka partners up with Californian city for wave-powered desalination demo

Canadian company Oneka Technologies has teamed up with the City of Fort Bragg to deploy the first wave-powered desalination project in California.

about 3 years ago
seafarers
Outlook & Strategy

Record high officer supply shortfall threatens manning costs, warns Drewry

Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by shipping consultancy Drewry. The 2023 officer availability gap has widened to a deficit equating to abo

about 3 years ago
300 jobs on offer as Irish company opens USV hub
Outlook & Strategy

300 jobs to be created as Irish company opens new USV facility

Ireland-based XOCEAN has opened a new technical center that will serve as a hub for the company’s fleet of uncrewed surface vessels (USVs). XOCEAN announced on 20 July the opening of the new facility near Carlingford, Co. Louth, as well as the creation of 300 new jobs as part of its strategic growth

about 3 years ago
Illustration; Source: Inpex
Outlook & Strategy

Inpex and PT Pertamina partner up for Abadi LNG project

Japan’s Inpex Corporation has signed a Memorandum of Understanding (MoU) with Indonesia’s PT Pertamina on a strategic collaboration to proactively pursue the implementation of the Abadi LNG project in Indonesia. Through the MoU, Inpex and Pertamina said they will seek to collaborate strategically on

about 3 years ago
Total Eren and Aliceco plan to build new e-fuel facility in Finland
Outlook & Strategy

Total Eren and Aliceco plan to build new e-fuel facility in Finland

TEH2, the hydrogen-dedicated subsidiary of Total Eren, and Aliceco Energy, a Finnish developer of large commercial-scale electrofuels facilities, have teamed up to develop electrofuel (e-fuel) facility for industrial sectors and the shipping industry. The partnership will see the two companies imple

about 3 years ago
Works underway to bring Morlais tidal power scheme online (Courtesy of Menter Môn)
Outlook & Strategy

Jones Bros nears completion of infrastructure works for Morlais tidal power scheme

North Wales-based company Jones Bros Civil Engineering has made progress on the construction of onshore infrastructure for the Morlais tidal energy project and is now on track to complete the works ahead of original schedule.

about 3 years ago
FSO Safer
Outlook & Strategy

Long-awaited oil removal from ‘ticking bomb’ FSO Safer kicks off in Red Sea

The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer off Yemen’s Red Sea coast started today. The ship-to-ship transfer of oil to the replacement tanker Yemen, formerly known as Nautica, which arrived in Yemen a few days ago, is expected to last 19 days. The

about 3 years ago
H2U, Vopak to work on Gladstone green hydrogen and ammonia export project
Outlook & Strategy

H2U, Vopak to work on Gladstone green hydrogen and ammonia export project

The Hydrogen Utility (H2U), an Australia-based developer of green hydrogen infrastructure, and Vopak Terminals Australia, a wholly-owned subsidiary of tank storage company Royal Vopak, have started a collaboration in relation to H2U’s H2-Hub project, a multi-billion renewable energy complex producin

about 3 years ago
HMM Copenhagen
Outlook & Strategy

HMM’s vessels cruise comfortably within CII regulation

South Korea’s shipping major HMM said that 99% of its owned vessels are well-placed to keep their voyage under the Carbon Intensity Indicator (CII) regulation. The outcome resulted from the verification of ‘KR GEARs’, a Greenhouse Gas (GHG) Emission Authentic Reporting system launched by the Korean

about 3 years ago
methanol powered tanker
Outlook & Strategy

IBIA and Green Marine to develop methanol bunkering training programme

The International Bunker Industry Association (IBIA) and Green Marine have signed a cooperation agreement to develop a methanol bunkering training programme, with support form the Methanol Institute. The aim of the agreement is to provide for existing and future crew operating on bunker tankers and

about 3 years ago
Wuhu Shipyard
Outlook & Strategy

Wuhu Shipyard wins deal for methanol-powered chemical tankers

Chinese shipbuilder Wuhu Shipyard has signed a contract with RFOcean, a London-based alternative investment and commercial management firm focusing on the maritime industry, for the construction of four 6,600-ton methanol dual-fuel stainless steel chemical tankers. This series of ships represents an

about 3 years ago
ABS study points to ‘transformative role’ nuclear propulsion can have on the maritime industry
Outlook & Strategy

ABS study points to ‘transformative role’ nuclear propulsion can have on the maritime industry

A new study carried out by Herbert Engineering Corp. (HEC) on behalf of ABS classification society finds that the adoption of advanced nuclear reactors onboard a 14,000 TEU containership would basically eliminate the need for refueling of the vessel during its entire 25-year lifespan. The study look

about 3 years ago