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Outlook & Strategy

Viridis Bulk Carriers gets DNV’s green light for ammonia-fuelled short sea bulker

Shipping startup Viridis Bulk Carriers has won Approval in Principle (AiP) for its ammonia-fuelled short sea bulk carrier design from the DNV classification society. The certificate was presented during the Nor-Shipping trade fair at the DNV stand. The Viridis Bulk Carriers design, developed by Kong

about 3 years ago

Illustration; Source: American Petroleum Institute (API)

Outlook & Strategy

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago

Outlook & Strategy

Fratelli Cosulich forms LNG bunkering partnership with Titan

Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, on 6 June, Fratelli Cosulich signed a long-term time charter

about 3 years ago

Outlook & Strategy

LX International enters LNG terminal business

South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilities in Dangjin, Chungcheongnam-do, and enter the LNG terminal business to lease and operate the facilities. To this end, LX International, P

about 3 years ago

Outlook & Strategy

DNV study: Overwhelming majority of seafarers in need of advanced tech & new fuels training

A staggering 81 percent of seafarers expressed a necessity for partial or complete training to effectively handle the advanced technologies expected to be deployed on future ships, a DNV study has found. Additionally, over 75 percent of respondents (Deck and Engine Officers 78%) indicated a need for

about 3 years ago

Visual concept of Hurtigruten Norway's Sea Zero initiative

Outlook & Strategy

Hurtigruten’s 1st zero-emission ship to feature electric propulsion, retractable sails, and AI maneuvering

Cruise company Hurtigruten Norway has revealed the most promising technologies for its zero-emission ship set to be launched in 2030. The technologies have been selected following a year of research by the company alongside its consortium of 12 maritime partners and research institute SINTEF as the

about 3 years ago

Illustration/Wave energy device (Photo: YouTube/Screenshot)

Outlook & Strategy

United States hands out $1.2M for marine energy R&D projects

The US Department of Energy (DOE) has allocated $1.2 million for 23 projects to further marine energy research and development at its national laboratories.

about 3 years ago

Polish and Danish TSOs initiate cooperation on energy transition and security, hydrogen and biomethane on the table

Outlook & Strategy

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table

Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

about 3 years ago

Outlook & Strategy

MOL orders LNG-fuelled bulker at Oshima

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has revealed plans to build a dual-fuelled bulk carrier at Oshima Shipbuilding that will be intended for charter with Kansai Electric Power Co. The LNG dual-fuel bulker is intended to transport coal to KEPCO’s Maizuru Power Station from oversea

about 3 years ago

Outlook & Strategy

SHI wins approval from KR for 40,000 m3 LCO2 carrier

A 40,000 m3 LCO2 carrier developed by South Korea’s Samsung Heavy Industries (SHI) has secured Approval in Principle (AIP) from compatriot Korean Register (KR). The certificate was presented during a ceremony held at Nor-Shipping 2023 in Oslo, Norway on 7 June. The achievement is the result of a col

about 3 years ago

Illustration/CalWave’s wave energy device after recovery (Courtesy of CalWave Power Technologies)

Outlook & Strategy

New IEA-OES report spotlights advances in wave energy sector

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has released a summary of the recent progress made in the wave energy industry around the world.

about 3 years ago

Outlook & Strategy

Proman to help Port of Klaipeda implement methanol bunkering

Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with the Lithuanian Port of Klaipeda to support the implementation of future methanol bunkering in or near the port. Under the MoU, Proman will support the Lithuanian port in planning, designing and implementing fut

about 3 years ago

Tidal turbine parts being delivered to Sabella’s facility in Brest (Screenshot/Video by Sabella)

Outlook & Strategy

Sabella welcomes drivetrains for TIGER project tidal turbines

French company Sabella has received the first parts for its tidal energy turbines, which will be deployed by Morbihan Hydro Energies as part of the EU-backed TIGER project.

about 3 years ago

Bidirectional Dutch-UK subsea pipeline to shortly halt gas flow in September

Outlook & Strategy

Bidirectional Dutch-UK subsea pipeline to halt gas flow in September

The Balgzand-Bacton Pipeline (BBL) between the Netherlands and the UK will make a one-week pause to gas flows in September due to planned maintenance. BBL Company, the owner of the 235-kilometer subsea gas interconnection, announced at the beginning of May that the planned maintenance is scheduled f

about 3 years ago