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Outlook & Strategy

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‘Industry-first’ seafarer training frameworks for ammonia, methanol, hydrogen see the light of day
Outlook & Strategy

‘Industry-first’ seafarer training frameworks for ammonia, methanol, hydrogen see the light of day

The Maritime Just Transition Task Force (MJTTF) has launched industry-first training frameworks designed to facilitate the development of programs for seafarers working on ships powered by ammonia, methanol, and hydrogen.

about 1 year ago
Keel laid for second Island Offshore hybrid ocean energy construction vessel
Outlook & Strategy

Keel laid for second Island Offshore hybrid ocean energy construction vessel

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Norwegian shipbuilder VARD has held the keel laying ceremony for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 978, is being built at Vard Shipyards Romania – Tulcea and is the sister ship of NB 977

about 1 year ago
Auctioneer selected for cross-border transmission capacity of first UK-Germany energy link
Outlook & Strategy

NeuConnect: Auctioneer selected for cross-border transmission capacity

As part of plans for preparations for the start of commercial and market operations, Joint Allocation Office (JAO) has been appointed as the provider for auctioning cross-border transmission capacity for the NeuConnect high-voltage submarine cable that will create the first direct energy transmissio

about 1 year ago
Accelleron
Outlook & Strategy

Shipping needs to pool carbon-neutral fuel demand with other industries, Accelleron report shows

Swiss turbocharger producer Accelleron has unveiled its first report on maritime decarbonization with a call on the shipping industry to join the global hydrogen economy by working with other sectors to pool demand for carbon-neutral fuels.

about 1 year ago
Anthony Veder joins Gasum’s FuelEU Maritime compliance pool
Outlook & Strategy

Anthony Veder joins Gasum’s FuelEU Maritime compliance pool

Nordic energy company Gasum has added two LNG carriers from the Dutch shipowner Anthony Veders as surplus generators to its FuelEU Maritime compliance pool.

about 1 year ago
Japanese shipowner buys into wind-assisted propulsion developer Econowind
Outlook & Strategy

Japanese shipowner buys into wind-assisted propulsion developer Econowind

Amid the shipping industry’s growing interest in fuel-neutral technologies, Japanese shipowner Nissen Kaiun has taken a stake in Dutch wind-assisted propulsion system developer Econowind.

about 1 year ago
Isle of Man becomes first flag state to join methane abatement initiative
Outlook & Strategy

Isle of Man becomes first flag state to join methane abatement initiative

The Isle of Man Ship Registry (IOMSR) has become the first flag state to join the Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping.

about 1 year ago
New Prysmian cable layer closer to launch as hull comes together
Outlook & Strategy

New Prysmian cable layer closer to launch as hull comes together

Italian cabling giant Prysmian Group has completed the hull erection of its new cable laying vessel (CLV), bringing it closer to launch. The DP3 Alessandro Volta will be equipped with three carousels for a total load capacity of 19,000 tons, with the system of tensioners able to sustain a maximum te

about 1 year ago
nuclear
Outlook & Strategy

UK and US to commit to boosting nuclear power capacity

Companies from the United Kingdom (UK) and the United States (U.S.) have signed “major” new deals that are expected to supercharge the expansion of nuclear power stations in both countries. As disclosed by the UK government, the deals between the two nations have been enabled by a new agreement—to b

about 1 year ago
IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision
Outlook & Strategy

IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision

IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.

about 1 year ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

about 1 year ago
WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Outlook & Strategy

WATCH: First of four Sea1 offshore energy support vessels enters construction

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago
UECC
Outlook & Strategy

Renault joins UECC’s initiative to cut emissions through bioLNG use

French automobile manufacturer Renault Group has signed up to participate in United European Car Carriers’ (UECC) Sail for Change fuel-switching program, making it the fifth automotive manufacturer to join the pioneering initiative that has seen major reductions in emissions through bunkering of liq

about 1 year ago
LR forges alliance with H2C to propel maritime decarbonization
Outlook & Strategy

LR forges alliance with H2C to propel maritime decarbonization

UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

about 1 year ago