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Outlook & Strategy

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ABS and partners looking into near-shore green hydrogen production in Korea
Outlook & Strategy

ABS and partners looking into near-shore green hydrogen production in Korea

Classification society American Bureau of Shipping (ABS) and Korean industry leaders have signed a memorandum of understanding (MoU) to conduct a feasibility study for a near-shore floating platform of green hydrogen production and liquefaction. The MoU was signed by ABS, the Korea Institute of Ener

about 3 years ago
Horisont Energi and Koole Terminals to develope ammonia terminal at Port of Rotterdam
Outlook & Strategy

Hyphen and Koole Terminals team up on green ammonia supply

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Hyphen Hydrogen Energy, a green hydrogen development company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a Letter of Intent (LoI) on green ammonia. The LoI covers the import of green ammonia into north-western Europe with Hy

about 3 years ago
AWS’ Waveswing device and EMEC’s test support buoy offshore Orkney (Courtesy of EMEC/Photo by Colin Keldie)
Outlook & Strategy

EMEC’s marine energy activities brought in over €420M to UK economy, report finds

Economic impact assessment spanning two decades of operations at the European Marine Energy Centre (EMEC) has valued the impact of the test center to UK economy to be over €420 million (£370 million).

about 3 years ago
Green Shipping programme, Ionada
Outlook & Strategy

Ionada joins pilot project to develop onboard carbon capture system

Exhaust gas cleaning systems manufacturer Ionada has joined the Green Shipping Programme, a public-private partnership that aims to advance the Norwegian government’s maritime strategies and plans. As a participant in the program, Ionada will work to develop a pilot onboard carbon capture system for

about 3 years ago
PV Gas becomes Vietnam’s 1st company eligible for LNG import/export
Outlook & Strategy

PV Gas becomes Vietnam’s 1st company eligible for LNG import/export

The Ministry of Industry and Trade of Vietnam has certified that PetroVietnam Gas (PV Gas) is eligible to be an LNG importer and exporter, making the company the first in the country to be recognised as such. PV Gas informed it is prepared for LNG import, export and trading, with its LNG Thi Vai ter

about 3 years ago
Cochin Shipyard
Outlook & Strategy

India sets sights on green tugs in all major ports by 2025

India aims to become a global hub for green shipbuilding by 2030 and is launching a Green Tug Transition Programme as part of the strategy. The programme was announced in late March by India’s Union Minister of Ports, Shipping & Waterways (MoPSW) Ayush Shri Sarbananda SonowaI while inaugurating Indi

about 3 years ago
Gidara Energy gets green light for methanol plant in port of Amsterdam
Outlook & Strategy

Gidara Energy gets green light for methanol plant in port of Amsterdam

Gidara Energy has received a key environmental permit for its renewable methanol facility to be built at BioPark in the port of Amsterdam. The environmental permit was granted by the province of Noord-Holland, allowing the company to build its Advanced Methanol Amsterdam (AMA) facility. The facility

about 3 years ago
Illustration/Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of US DOE)
Outlook & Strategy

US DOE officially opens $45 million funding call for tidal energy

The US Department of Energy (DOE) has released a $45 million funding opportunity to advance a comprehensive approach to tidal and current energy development in the United States.

about 3 years ago
Aker Horizons and VNG ink LOI to ship ammonia from Norway to Germany
Outlook & Strategy

Aker Horizons and VNG ink LOI to ship ammonia from Norway to Germany

Norway-based green energy developer Aker Horizons and German gas group VNG have signed a letter of intent (LOI) aiming to ship green ammonia from Narvik, Northern Norway, to Germany. VNG said it plans to procure up to 200,000 tonnes of green ammonia per year from Aker Horizons’ large-scale green ind

about 3 years ago
JERA and PTT join forces for decarbonisation of Thailand
Outlook & Strategy

JERA and PTT join forces for decarbonisation of Thailand

JERA, Japan’s energy major, and PTT Public Company Limited, a state enterprise operating petroleum and related businesses under the Energy Ministry of Thailand, have signed a Memorandum of Understanding (MoU) to collaborate on initiatives for expanding the supply chain and usage of hydrogen and ammo

about 3 years ago
Shortly after revealing new investment plans, NKT's CEO resigns
Outlook & Strategy

Shortly after revealing new investment plans, NKT’s CEO resigns

NKT’s Chief Executive Officer (CEO) Alexander Kara has decided to leave the company and is being replaced from within. The announcement comes shortly after the company revealed it was planning new investments in additional production capacity and capabilities. According to NKT, Kara has decided to l

about 3 years ago
DSME LNG carrier
Outlook & Strategy

DSME sets sail for a fresh start reborn as Hanwha Ocean

South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was

about 3 years ago
Illustration; Source: James Fisher AIS
Outlook & Strategy

Digital transformation ‘paramount’ for Africa to reap the benefits of oil & gas boom

Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.

about 3 years ago
VLAC
Outlook & Strategy

EPS, Jiangnan ink deal for construction of world’s largest ammonia carriers

Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract with Singaporean shipping company Eastern Pacific Shipping (EPS) for the construction of four Very Large Ammonia Carriers (VLAC) with a capacity of 93,000 cubic meters. The Chinese shipbuilder s

about 3 years ago