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Outlook & Strategy

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FuelTrust report reveals alarming bunker discrepancies
Outlook & Strategy

FuelTrust report reveals alarming bunker discrepancies

Between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their delivery paperwork, a new report examining bunker discrepancies in the maritime industry released by Texas-based green-tech start-up FuelTrust said. The primary

about 3 years ago
Eco Wave Power's Gibraltar wave energy array before decommissioning (Courtesy of Eco Wave Power)
Outlook & Strategy

California’s wave and tidal bill clears another hurdle

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The California Assembly Committee on Utilities and Energy has unanimously approved California Senate Bill 605 – Wave and Tidal Energy (SB 605), which aims to put California on the path to developing a new source of clean, renewable energy.

about 3 years ago
KOGAS, JERA to reduce methane emissions in LNG value chain
Outlook & Strategy

KOGAS, JERA to reduce methane emissions in LNG value chain

South Korea’s state-owned natural gas importer and transporter Korea Gas Corporation (KOGAS) and Japan’s energy major JERA have launched an initiative of the Coalition for LNG Emission Abatement toward Net-Zero (CLEAN). The initiative is taken by LNG buyers, together with LNG producers, to reduce me

about 3 years ago
Nexans wins €1.43 billion contract for EuroAsia Interconnector
Outlook & Strategy

Nexans wins €1.43 billion contract for EuroAsia Interconnector

Nexans has secured the turnkey contract valued at €1.43 billion for the Cyprus – Greece section of the EuroAsia Interconnector that will connect the grids of Greece, Israel and Cyprus. The 525kV HVDC cable will have a bi-pole length of 2×900 kilometers and will run across the Mediterranean Sea floor

about 3 years ago
MAN 49/60 engine
Outlook & Strategy

MAN to develop methanol retrofit solutions for medium-speed marine engines

MAN Energy Solutions is about to start developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The three-year research project, ‘CliNeR-ECo’, is funded by the German Federal Ministry for Economic Affairs and Climate

about 3 years ago
NYK
Outlook & Strategy

NYK wraps up vessel dismantling in Bangladesh

Japanese shipping industry major NYK and its group company, NYK Bulk & Projects Carriers Ltd., have completed the dismantling of the heavy-lifter vessel, Kamo, at the PHP Ship Recycling Facility in Bangladesh. The Panama-flagged general cargo ship Kamo was built in 1998. The NYK Group said it was th

about 3 years ago
JERA and ADNOC join hands on hydrogen and ammonia
Outlook & Strategy

JERA and ADNOC join hands on hydrogen and ammonia

Japan’s energy major JERA has concluded a strategic collaboration agreement (SCA) with UAE’s Abu Dhabi National Oil Company (ADNOC), related to cooperation in clean hydrogen and ammonia. According to JERA, the two parties have built a good relationship through years of LNG sale and purchase, and hav

about 3 years ago
EU and global partners reinforce efforts to reduce methane emissions across LNG value chain
Outlook & Strategy

EU and global partners reinforce efforts to reduce methane emissions across LNG value chain

The European Commission (EC), Japan, the United States (U.S.), the Republic of Korea and Australia have signed a joint statement which reinforces their efforts towards the reduction of methane emissions arising across the values chain of LNG, from production to consumption. The joint statement by EC

about 3 years ago
Port of Tacoma
Outlook & Strategy

Port of Tacoma makes 2040 decarbonization pledge

The Port of Tacoma Commission on Tuesday voted to phase out greenhouse gas emissions under the port’s direct control by 2040, accelerating the target from 2050. This action primarily focuses on addressing Scope 1 and Scope 2 greenhouse gases, which encompass emissions from port-owned buildings, veh

about 3 years ago
Subsea link to Orkney gets approval, unlocking 'world's greatest resources of renewable electricity'
Outlook & Strategy

Subsea link to Orkney gets approval, unlocking ‘world’s greatest resources of renewable electricity’

UK energy regulator Ofgem has given its final approval of need for SSEN Transmission’s plans to provide a subsea electricity transmission link to Orkney. The Orkney transmission link will enable the connection of up to 220 MW of new renewable electricity and will consist of a new substation at Fins

about 3 years ago
FPS waal
Outlook & Strategy

RHC highlights key measures needed to unleash investor confidence in hydrogen-powered vessels

In the race to achieve net-zero emissions, the maritime sector is turning its attention to hydrogen fuel as a potential game-changer. Hydrogen has uses as a direct fuel in both gaseous or potentially liquid form, and also as a feedstock for liquid hydrogen carriers such as ammonia or methanol. Howev

about 3 years ago
Offshore works at SEM-REV 2.0 (Courtesy of Centrale Nantes/Time To Production)
Outlook & Strategy

France: SEM-REV 2.0 test site wraps up offshore infrastructure upgrades

SEM-REV 2.0, a test site for marine renewable energies offshore France, has completed the installation of cables and connectors on the subsea hub, enabling the upgraded site to connect new renewable energy technology prototypes.

about 3 years ago
UK and Denmark electrically connected as Prysmian installs Viking Link subsea cable
Outlook & Strategy

UK and Denmark electrically connected as Prysmian installs Viking Link subsea cable

The last section of the submarine cable for the Viking Link has been installed in the North Sea, making the UK and Denmark now fully electrically connected. This last section, laid and assembled on the seabed on 13 July, was installed 172 kilometers off the Danish coast in German and Dutch waters an

about 3 years ago
Finnsirius
Outlook & Strategy

Finnlines takes delivery of 1st hybrid Superstar Ro-Pax vessel

Finnsirius, the first of two hybrid ro-pax vessels, was delivered to freight and passenger shipping company Finnlines at the China Merchants Jinling Shipyard in Weihai, China, on 18 July 2023. Finnsirius will start operating on the Naantali–Långnäs–Kapellskär route in September 2023. The second vess

about 3 years ago