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Outlook & Strategy

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DNV UAE decarbonization centre
Outlook & Strategy

UAE partners with DNV to set up maritime decarbonization centre

United Arab Emirates (UAE) has teamed up with Det Norske Veritas (DNV) on the establishment of a new UAE Decarbonization Centre. H.E Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime signed a Memorandum of Understanding (MOU) on establishing the fac

about 3 years ago
German Bundesrat adopts revised LNG Acceleration Act
Outlook & Strategy

German Bundesrat adopts revised LNG Acceleration Act

German legislative body Bundesrat has approved the revised act to accelerate the use of liquefied natural gas (LNG Acceleration Act) to include forward-looking rules on energy supply and specify practical provisions on the sustainable, climate-neutral retrofitting of LNG terminals. The previous vers

about 3 years ago
Construction starts for first US subsea rock installation vessel
Outlook & Strategy

Construction starts for first US subsea rock installation vessel

U.S. dredging services provider Great Lakes Dredge & Dock Corporation has held the steel-cutting ceremony for the construction of what is said to be the first U.S. offshore wind subsea rock placement vessel. The ceremony marking the start of construction for the Acadia vessel was held on 20 July at

about 3 years ago
HMM
Outlook & Strategy

HMM Privatization: Bidding kicks off for South Korea’s flagship carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Outlook & Strategy

Lhyfe’s work on ocean reoxygenation through H2 production advances

French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b

about 3 years ago
cargo ship Hokurenmaru No.2
Outlook & Strategy

Japan takes its autonomous shipping to the next level

Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu

about 3 years ago
Saguaro Energia LNG project receives support from Sonora government
Outlook & Strategy

Saguaro Energia LNG project receives support from Sonora government

Mexico Pacific and the government of the Mexican state of Sonora have signed a collaboration agreement supporting Mexico Pacific’s anchor LNG export facility Saguaro Energia located in Puerto Libertad, Sonora, Mexico. Specifically, Mexico Pacific’s LNG project was welcomed as the foundational pillar

about 3 years ago
Waves4Power's WaveEl wave energy system (Courtesy of Waves4Power)
Outlook & Strategy

Swedish wave energy company gets onboard Alaska’s decarbonization accelerator

Swedish company Waves4Power has been selected to participate in Launch Alaska’s 2023 Tech Deployment Track, a program which accelerates decarbonization and deployment of climate tech solutions by helping companies forge partnerships and identify projects in Alaska.

about 3 years ago
ABS
Outlook & Strategy

ABS greenlights Japanese fully autonomous ship framework

The American Bureau of Shipping (ABS) has issued an approval in principle to the fully autonomous ship framework named Action Planning and Execution System for full autonomous (APExS-auto). The system was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI), and Ja

about 3 years ago
Inna Braverman and Minas Papadakis (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power and partners discuss next steps for 2MW wave power plant in Greece

Eco Wave Power and its project partner Rogan Associates have conducted an official site visit to the Port of Heraklion in Greece to discuss the next steps for the planning of the 2MW wave energy project.

about 3 years ago
NKT preferred bidder for two Scottish HVDC power cable projects
Outlook & Strategy

NKT preferred bidder for two Scottish offshore HVDC transmission links

SSEN Transmission, the transmission owner in the north of Scotland, has appointed NKT as the preferred bidder for the supply of power cable systems for two HVDC transmission links offshore Scotland. If confirmed, NKT will provide 525 kV XLPE HVDC power cable systems for the Western Isles and Spittal

about 3 years ago
JAX LNG bunker barge Clean Canaveral transferred 400 cubic meters of LNG to tanker M/T Damia Desgagnés
Outlook & Strategy

North America’s largest LNG bunker barge completes 1st bunkering at Port of Canaveral

The Clean Canaveral liquefied natural gas (LNG) bunker barge has completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the M/T Damia Desgagnés on the ship’s inaugural call to Port Canaveral at the port’s

about 3 years ago
The assembly of Wavepiston’s energy collectors (Courtesy of Wavepiston)
Outlook & Strategy

Wavepiston finalizing preps to demonstrate wave energy and desalination system offshore Canary Islands

Danish company Wavepiston has made progress with its full-scale system that will soon be deployed offshore Canary Islands to demonstrate cost-efficient power production and desalination of seawater using wave energy.

about 3 years ago
powered by methanol
Outlook & Strategy

Carbon Sink and Rose Cay Maritime forge ties on green methanol supply chain

U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green f

about 3 years ago
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