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Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG

Outlook & Strategy

Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to b

15 minutes read

Outlook & Strategy

DP World tests hydrogen fuel cell RTG crane at Port of Vancouver

UAE-based logistics group DP World has completed initial testing of its hydrogen fuel cell rubber-tired gantry (RTG) crane at the Port of Vancouver, marking a milestone in decarbonizing its port operations.

about 1 year ago

Outlook & Strategy

Fugro to conduct surveys for Equinor’s stalled $12B oil project off Canada

Dutch geo-data specialist Fugro has won a contract to perform surveys for an oil project located off the coast of Newfoundland and Labrador being developed by Norwegian state-owned energy firm Equinor. In its financial results for the first quarter of 2025, issued today, April 24, Fugro reported tha

about 1 year ago

Outlook & Strategy

Sustainable Maritime Fuels Collaborative launched to drive maritime transition in Pacific Northwest

A new initiative has been launched to accelerate the availability, affordability and deployment of sustainable maritime fuels and low and zero-emission vessels and technology in the Pacific Northwest.

about 1 year ago

Outlook & Strategy

Kraken wraps up $17 million purchase of US underwater LiDAR technology company

Canada-headquartered marine technology player Kraken Robotics has completed the acquisition of 3D at Depth, a subsea technology and services company specializing in high-resolution LiDAR imaging and measurements. Kraken Robotics announced on March 13 that it had, through a subsidiary, signed a defin

about 1 year ago

Outlook & Strategy

UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago

Kraken's $17 million purchase of US company to boost its subsea offering

Outlook & Strategy

Kraken’s $17 million purchase of US company to uplift its subsea offering

Canada-headquartered marine technology player Kraken Robotics is expanding its U.S. footprint with the acquisition of 3D at Depth, a subsea technology and services company specializing in high resolution LiDAR imaging and measurements. Kraken Robotics, through a subsidiary, has signed a definitive a

about 1 year ago

Outlook & Strategy

LR and Prodigy to work on transportable nuclear power plants

North American developer of marine- and land-based transportable nuclear power plants (TNPPs) Prodigy Clean Energy has joined forces with classification society Lloyd’s Register (LR) to complete the development of lifecycle requirements for its TNPPs and start their fabrication by late 2020s.

about 1 year ago

Outlook & Strategy

Algoma hits ship delivery trifecta on fleet renewal quest

Canada’s shipping company Algoma Central Corporation has taken delivery of three new ships, including dual-fuel and methanol-ready product tankers, as part of its fleet modernization and diversification program.

about 1 year ago

Polish shipyard starts ordering equipment for DOF's next-gen offshore support vessel

Outlook & Strategy

Polish shipbuilder starts ordering equipment for DOF’s next-gen offshore support vessel

Polish shipbuilder CRIST S.A. has awarded a number of contracts to equip a next-generation offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group, set to operate offshore Newfoundland and Labrador, Canada. Provisionally named Sea Dragon and scheduled for delivery by Q1 202

about 1 year ago

Outlook & Strategy

Partners eye hydrogen-as-ammonia exports from Canada to South Korea

Trigon Pacific Terminal and Ulsan Free Economic Zone Authority (UFEZ) have signed a memorandum of understanding (MoU) that will see the two entities establish a framework to expand collaboration on the development of hydrogen-as-ammonia exports from Canada to South Korea.

about 1 year ago

Third round opens for slice of $40M for New Yorkers looking for careers in green economy

Outlook & Strategy

Applications open for slice of $40M for New Yorkers eyeing careers in green economy

Champlain Hudson Power Express (CHPE), the company behind the underground and underwater transmission line between the Canada-U.S. border and New York City, has opened the third request for proposals (RFP) for its fund that aims to support New Yorkers looking for careers in the green economy. The Gr

about 1 year ago

Outlook & Strategy

US clean fuel producer secures $50 million investment from Hy24

Clean fuels producer and developer StormFisher Hydrogen has secured a $50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund, a low-carbon hydrogen asset manager, to boost its clean fuel production projects in North America.

about 1 year ago

Outlook & Strategy

Canadian ports link up with North Sea Port to accelerate energy transition

Five Canadian ports have signed an MoU with the North Sea Port to collaborate on strengthening trade and accelerating energy transition.

about 1 year ago