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Outlook & Strategy

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WISAMO
Outlook & Strategy

Michelin’s WISAMO wing sail testing the waters on MN Pelican

Michelin’s Wing Sail Mobility (WISAMO) project has achieved a significant milestone with the completion of the installation of its wing sail on the MN Pélican, a container ship owned by Compagnie Maritime Nantaise – MN. The vessel has returned to sea since June, according to an update from WISAMO. T

about 3 years ago
MoU signing ceremony between WPDA and Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum (Courtesy of WPDA)
Outlook & Strategy

UAE company eyes floating solar opportunities in Pakistan

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The Water and Power Development Authority of Pakistan (WAPDA) has signed two memorandums of understanding (MoU) with the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum of United Arab Emirates for capacity enhancement of existing small hydroelectric power plants and the developm

about 3 years ago
Mike Wirth, Chevron's chairman and CEO; Courtesy of Chevron
Outlook & Strategy

Chevron enables current CEO to remain longer in the role and unveils new CFO

Chevron has disclosed a waiver of the mandatory retirement age for its current chairman and chief executive officer (CEO).

about 3 years ago
Uranus rig; Source: Trillion Energy
Outlook & Strategy

With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria

Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.

about 3 years ago
ammonia
Outlook & Strategy

EPS and China Power ally on green energy solutions for maritime industry

Singapore-based Eastern Pacific Shipping (EPS) and China Power International Development Limited have signed a Framework Cooperation Agreement (FCA) to collaborate on the production of green energy and renewable fuel solutions. Under the FCA, the two parties will cooperate to advance the development

about 3 years ago
Illustration/Subhub platform (Courtesy of QED Naval)
Outlook & Strategy

QED Naval strengthens its tidal power team

Scottish marine energy company QED Naval has welcomed several new members to its team to further advance its tidal energy business and projects.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

Net-zero puzzle needs multiple pieces in place: Tripling renewables and slashing oil & gas emissions

Multiple sources of supply vie for attention in the journey to net-zero, with renewables being crown jewels.

about 3 years ago
maersk
Outlook & Strategy

Singapore readies for its 1st methanol bunkering op

Singapore’s maritime industry is abuzz with anticipation as it prepares to carry out its first methanol bunkering operation this week. The operation will take place between the A.P. Moller – Maersk’s methanol-fuelled container vessel which is on its maiden voyage and Hong Lam Marine Pte Ltd’s Singap

about 3 years ago
TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project
Outlook & Strategy

TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project

Norway’s cleantech company TECO 2030 and its partners have been awarded a €13.5 million Horizon Europe grant to build and demonstrate a passenger ferry powered by TECO 2030 fuel cells. Specifically, the partners’ project has been invited for Horizon Europe grant agreement preparation. The project’s

about 3 years ago
Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier
Outlook & Strategy

Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier

Provaris Energy has initiated a prototype tank testing program as a further step toward obtaining final Class Approval required for its hydrogen carrier and storage solutions. To this end, Provaris’ Norwegian subsidiary has hired Prodtex AS to construct and test a prototype hydrogen tank for its pro

about 3 years ago
NYK NBA MAGRITTE
Outlook & Strategy

NYK breaks new ground with its 1st ever wind-assisted propulsion installation

NYK Bulkship (Atlantic) N.V., a subsidiary of the NYK Group headquartered in Antwerp, Belgium, will introduce a wind-assisted ship-propulsion unit on one of its vessels currently under a long-term charter contract with Cargill International S.A., a prominent Swiss-based freight trader. The initiativ

about 3 years ago
USV AS Astilleros Gondan
Outlook & Strategy

In focus: European countries working shoulder to shoulder to curb climate change

With temperatures reaching all-time high all over the globe, it is difficult not to question whether we are doing enough to stop or even slow down global warming. But that did not interrupt the European energy players to make new deals and link up with each other to reap the benefits of the offshore

about 3 years ago
CEM adopts new initiative for scaling low-carbon fuel production
Outlook & Strategy

CEM adopts new initiative for scaling low-carbon fuel production

The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

about 3 years ago
Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Outlook & Strategy

Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects

Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the

about 3 years ago