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Outlook & Strategy

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Illustration (Courtesy of Supergen ORE Hub)
Outlook & Strategy

UK invests €8.8M to drive innovation in offshore renewables

The Supergen Offshore Renewable Energy (ORE) Impact Hub, led by the University of Plymouth, has secured €8.8 million to accelerate the impact of current and future offshore renewables devices and systems and to drive the UK towards it net zero commitments.

about 3 years ago
Port of Newcastle
Outlook & Strategy

MOL, MHI lead the 30-strong partnership pack in propelling Port of Newcastle into clean energy future

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Australia’s Port of Newcastle has formalized 30 partnerships with domestic and multi-national organizations aimed at advancing the port’s plans of regenerating a 220-hectare parcel of industrial wasteland into a dedicated Clean Energy Precinct. The once-in-a-generation project is one of two key deve

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

Technip Energies invests in cleantech fund to boost path toward net zero

Engineering and technology company Technip Energies has invested in Evok Innovation’s Fund II, a cleantech fund that invests in and supports hard-tech development and focuses on next-generation sectors such as low-carbon hydrogen, carbon capture and removal, electrification and critical minerals. Ac

about 3 years ago
Pasha Hawaii/Janet Marie
Outlook & Strategy

Pasha Hawaii welcomes 2nd LNG-powered Ohana Class jewel into the fleet

Hawaii-based shipping company Pasha Hawaii has taken delivery of the MV Janet Marie, the second of two new ‘Ohana Class’, LNG-powered container ships built at AmFELS, a member of Seatrium Group. The 774-foot (235-meter) vessel joins Pasha Hawaii’s fleet serving the Hawaii/Mainland trade lane, as wel

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

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
evergreen
Outlook & Strategy

Evergreen confirms massive $5 bln deal for 24 methanol-fueled containerships

Taiwanese container shipping major Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. The construction deal has been divided between industry major Samsung Heavy Industries (SHI), and Nihon Shipyard, a joint ve

about 3 years ago
Nord Stream investigation finds explosive traces on suspiciously chartered yacht
Outlook & Strategy

Nord Stream investigation finds explosive traces on suspiciously chartered yacht

Germany has found traces of subsea explosives in samples taken from a yacht that may have been used to transport the explosives that damaged the Nord Stream gas pipelines in the Baltic Sea, a letter sent to the UN Security Council states. Four gas leaks were found on the Nord Stream 1 and 2 pipeline

about 3 years ago
Maersk
Outlook & Strategy

Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha

about 3 years ago
More work for McDermott with Qatargas
Outlook & Strategy

More work for McDermott with Qatargas

McDermott has won a “major” contract with Qatargas to deliver engineering, procurement, construction, and installation (EPCI) for a subsea pipeline and cable project. McDermott will deliver EPCI for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project

about 3 years ago
Raymond Alcorn, CEO and founder of Exceedence (Courtesy of Exceedence)
Outlook & Strategy

Exceedence’s exfin software for offshore renewables makes it to new Horizon Results Platform

EU-Scores project partner, an Irish company Exceedence, has made it to the new Horizon Results Platform with its exfin software developed to speed up the rollout of offshore wind, wave and tidal energy projects.

about 3 years ago
ME-GA
Outlook & Strategy

1st ME-GA engine wraps up gas trials

The first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping, MAN Energy Solutions announced. The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil

about 3 years ago
IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033
Outlook & Strategy

IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033

Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to

about 3 years ago
Dorian LPG
Outlook & Strategy

4th dual-fuel LPG carrier joins Dorian LPG’s fleet

US-headquartered LPG shipping company Dorian LPG has taken delivery of the 2023-built dual-fuel LPG carrier Cristobal, the third dual-fuel LPG carrier to join the Dorian LPG fleet on long-term time charter with purchase options. The 86,000 cbm VLGC was built by South Korea’s Hyundai Samho Heavy Indu

about 3 years ago
CPP Investments and Power2X team up on green molecule projects
Outlook & Strategy

CPP Investments and Power2X team up on green molecule projects

Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t

about 3 years ago