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Outlook & Strategy

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Volvo shifts to renewable fuels for ocean freight
Outlook & Strategy

Volvo shifts to renewable fuels for ocean freight

Car brand Volvo Cars has switched to renewable fuels for ocean freight to cut fossil CO2 emissions. Volvo said that every year tens of thousands of containers of production material destined for its factories are carried across the world’s oceans on container ships, noting that from now on, most of

about 3 years ago
Denmark: Hydrogen can now be traded and marketed as green energy
Outlook & Strategy

Denmark: Hydrogen can now be traded and marketed as green energy

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A new executive order has come into force on 1 July 2023 in Denmark that makes it possible to issue guarantees of origin for hydrogen, meaning that PtX actors can now market and show that they trade in green hydrogen and use green hydrogen in their processes. According to Danish Energy Agency, in th

about 3 years ago
Incat Crowther to design electric hybrid ferry for Auckland-Devonport route
Outlook & Strategy

Incat Crowther to design electric hybrid ferry for Auckland-Devonport route

New Zealand’s Auckland Transport has announced that shipbuilder Incat Crowther has been commissioned to deliver the design for a new 300-passenger electric hybrid fast ferry. Specifically, the project will see Incat Crowther work closely with Q-West Boat Builders, Hamilton Jet and Fullers360 on the

about 3 years ago
Vos Prodect joins Jan De Nul on new Scottish interconnector
Outlook & Strategy

Vos Prodect joins Jan De Nul on new Scottish interconnector

UK-based Vos Prodect, in collaboration with Jan De Nul, has been selected to provide pipes for the new Pentland Firth interconnector in Scotland. The Pentland First East project 3 will consist of a new subsea power cable between Caithness at Murkle Bay to Rackwick Bay at Hoy. Jan De Nul is in charge

about 3 years ago
Port Esbjerg: Lack of personnel as specialized vessels create specialized jobs
Outlook & Strategy

Port Esbjerg: Lack of personnel as specialized vessels create specialized jobs

The fast-paced development of the offshore wind industry is causing the emergence of new, unforeseen jobs to which ports cannot cater as there is a lack of people and a lack of port capacity, Jesper Bank, Chief Commercial Officer of Port Esbjerg, said during a presentation in Denmark. Although the n

about 3 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Outlook & Strategy

Interview with MCF’s CEO: In hot pursuit of gas as embodiment of low-carbon energy and stepping stone to green future

Natural gas is perceived to be the perfect candidate to bridge the supply gap in the transition from fossil fuels to renewables.

13 minutes read
China Gas and Vitol form JV Company for LNG market
Outlook & Strategy

Vitol Asia and Merakes LNG Sellers enter LNG supply deal

Vitol Asia, a supply and trading unit of Vitol Group, and the Merakes LNG Sellers have signed a multi-year LNG sale and purchase agreement (SPA). The LNG supply to Vitol is expected to commence in 2024, and the quantity will be approximately 0.55 million tons per annum (MTPA) for a period of three y

about 3 years ago
UK project brings AI to subsea inspections
Outlook & Strategy

UK project brings AI to subsea inspections

The UK’s National Subsea Centre (NSC) and Robert Gordon University (RGU) are collaborating on a data project to add artificial intelligence technology to subsea inspection operations. The Subsea AI Body of Knowledge (SAIBOK) project is using AI and machine learning technologies to accurately train a

about 3 years ago
NextDecade targets early July FID for Rio Grande LNG
Outlook & Strategy

NextDecade targets early July FID for Rio Grande LNG

U.S.-based energy company NextDecade has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive final investment decision (FID) of the first three liquefaction trains (Ph

about 3 years ago
Nauticus' autonomous subsea robot to work for Petrobras
Outlook & Strategy

Nauticus’ autonomous subsea robot to work for Petrobras

Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial in

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

In focus: CCS and renewables leading the energy transition race

The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner

about 3 years ago
Yara and BASF to work on low-carbon blue ammonia project in U.S.
Outlook & Strategy

Yara and BASF to work on low-carbon blue ammonia project in U.S.

Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, a German-based chemical producer, are collaborating on a joint study to develop and construct a low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. Accordin

about 3 years ago
evergreen
Outlook & Strategy

Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE

about 3 years ago
EPS
Outlook & Strategy

EPS to apply GIT’s graphene-based propeller coating across its fleet

Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa

about 3 years ago