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Outlook & Strategy

Nuclear-powered vessels are achievable, Norwegian-led study confirms

Nuclear-powered DP vessels are a technically feasible solution and are achievable, the Nuclear Propulsion in merchant Shipping (NuProShip II) study has confirmed. The NuProShip II project, funded by the Research Council of Norway, demonstrates the technical feasibility of nuclear-powered DP vessels,

about 8 months ago

Outlook & Strategy

North Sea countries to ink pact with offshore wind industry, TSOs

Government officials from Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway and the UK are set to sign a declaration confirming the ambition to build 300 GW of offshore wind in the North Seas by 2050, and an investment pact with the offshore wind industry and transmissi

about 8 months ago

Outlook & Strategy

WATCH: Bound4blue suction sails installed on first of five Maersk Tankers’ vessels

Spanish automated wind-assisted propulsion system specialist bound4blue has installed the first eSAIL units on the first of five tankers owned by Danish Maersk Tankers. Four 24-meter ‘plug and play’ suction sails were fitted on Maersk Trieste, completing the first stage of an agreement that will see

about 8 months ago

Outlook & Strategy

Prysmian to buy Spanish cable survey and installation solutions provider

Italian cabling giant Prysmian Group is set to acquire ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350 employees. Its

about 8 months ago

Outlook & Strategy

Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year

about 8 months ago

Outlook & Strategy

Newbuild Dutch multifunctional workboat to hit the market in September

Dutch Van Wijngaarden Marine Services has signed a contract with compatriot shipbuilder and designer Neptune Marine for the construction of an EuroCarrier that will be capable of performing survey and geotechnical services, among other things. The new EuroCarrier 2712 – DP1 – TIER III, to be named M

about 8 months ago

Outlook & Strategy

German dry bulk carrier firm adopts fleet-wide energy optimization technology

German dry bulk carrier owner and operator Oldendorff Carriers is deploying energy optimization technology from a Swedish company to reduce energy consumption and emissions across its fleet. As part of the partnership with Swedish technology provider eMarine, Variable Frequency Drives (VFDs) have al

about 8 months ago

Outlook & Strategy

DeepOcean concludes operations at US offshore wind project

Ocean services provider DeepOcean has completed trenching and survey operations at a U.S. offshore wind project under a contract awarded by what it says is a global provider of engineering, procurement, construction and installation (EPCI). DeepOcean’s scope of work included trenching and surveying

about 8 months ago

Outlook & Strategy

Dutch partnership formed to pursue scalable autonomous maritime operations

Dutch Royal IHC and Demcon Unmanned Systems have entered into a strategic partnership for the deployment of unmanned and autonomous vessels for scalable autonomous maritime operations. The partnership has started with the development and integration of containerized launch and recovery systems (LARS

about 8 months ago

Outlook & Strategy

Shipowner takes over ‘China’s first’ dual-fuel methanol-powered bunkering vessel

Hong Kong-based shipowner Wah Kwong Maritime Transport Holdings Limited has welcomed to its fleet what it says is China’s first dual-fuel methanol-powered bunkering vessel. Da Qing 268 is the fourth bunkering vessel under the company’s care, joining Hai Gang Wei Lai, the largest LNG bunkering vessel

about 8 months ago

Outlook & Strategy

Egypt’s ‘largest of its kind’ OBN program to identify exploration opportunities

France-based geophysical services company Viridien and U.S.-headquartered technology player SLB are set to begin a large seismic acquisition and imaging program offshore Egypt that will help explorers and investors identify new opportunities for exploration and enhanced production. Viridien and SLB

about 8 months ago

Outlook & Strategy

Spanish scale-up enters Norway, brings its ammonia-to-hydrogen technology

Spanish scale-up company H2SITE has launched a subsidiary in Norway to focus on deploying its ammonia-to-hydrogen systems in the maritime sector and accelerate vessel decarbonization. Through H2SITE Norway AS, based in Bergen, H2SITE is looking to supply onboard cracking systems to Norwegian compani

about 8 months ago

Outlook & Strategy

TGS on duty offshore Australia

Norwegian energy data and intelligence company TGS has kicked off a reprocessing project offshore Australia designed to enhance subsurface imaging and geological understanding. The multi-client Bonaparte Basin Pre-Stack Depth Migration (PSDM) Reprocessing Project includes the reprocessing of the Cyg

about 8 months ago

Outlook & Strategy

Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia

Japanese major Mitsubishi Heavy Industries (MHI) and Indonesia’s Institut Teknologi Bandung (ITB) have signed a new research agreement to continue exploring the potential of ammonia-based clean power in Indonesia. MHI and ITB concluded a memorandum of understanding (MoU) in 2020 to collaborate on re

about 8 months ago