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Outlook & Strategy

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Scarabeo 9 drilling rig - Saipem
Outlook & Strategy

Saipem to focus on core oil & gas and low-risk offshore wind projects following financial woes

Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.

about 4 years ago
Illustration/Tidal Lagoon Power’s concept for tidal lagoon in the Swansea Bay (Courtesy of Tidal Lagoon Power)
Outlook & Strategy

Councilors express support for £7 billion tidal lagoon off North Wales

A proposal for £7 billion tidal lagoon project, to be developed by private sector off the coast of Conwy and Denbighshire in North Wales, has received unanimous ‘support in principle’ from Denbighshire County Council.

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about 4 years ago
ICS
Outlook & Strategy

ICS: Russian and Ukrainian seafarers make up 14.5% of global shipping workforce

The International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, has warned of supply chain disruption should the free movement of Ukrainian and Russian seafarers be impeded.

about 4 years ago
DIV Group
Outlook & Strategy

Brodosplit to build 100% green passenger sailing ship

Croatian shipbuilder Brodosplit, part of the DIV Group, has started construction of a zero-emission passenger ship with electric propulsion.

about 4 years ago
DNV - Energy Insights
Outlook & Strategy

Energy industry optimistic about transition despite skills shortages, policies, and supply chain issues – DNV

Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.

about 4 years ago
GCMD
Outlook & Strategy

GCMD, Mærsk Mc-Kinney Møller Center join forces to decarbonize shipping

The Global Centre for Maritime Decarbonisation (GCMD) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have entered into a partnership to boost the shipping industry’s decarbonisation agenda.

about 4 years ago
Sunseap’s offshore floating solar farm at Woodlands (Courtesy of Sunseap)
Outlook & Strategy

EDP Renewables wraps acquisition of major Asian floating solar player

EDP Renewables (EDPR) has met all regulatory conditions to acquire a 91% stake in Sunseap, the largest distributed solar power operator and the fourth largest solar power operator in Southeast Asia.

about 4 years ago
UMACK anchoring solution (Courtesy of CorPower Ocean)
Outlook & Strategy

UMACK anchor ready for deployment in wave energy project

The first commercial-scale UMACK anchor has completed pre-deployment checks at CorPower Ocean’s facility in northern Portugal ahead of offshore installation as part of the HiWave-5 wave energy project.

about 4 years ago
Fuel cell concept
Outlook & Strategy

High-power fuel cell concept for larger ships gets DNV’s blessing

Technology firm ABB and fuel cell supplier Ballard Power Systems have received an Approval in Principle (AiP) from classification society DNV for their high-power fuel cell concept, reaching a ‘major’ milestone in developing new technology.

about 4 years ago
Illustration/CorPower Ocean’s wave energy tech; and Oceans of Energy’s floating solar unit (Courtesy of CorPower Ocean/Oceans of Energy)
Outlook & Strategy

TU Delft researchers tackling power variability in hybrid marine energy parks

Researchers from Delft University of Technology, also known as TU Delft, have started exploring the interactions between different renewable energy sources to reduce the variability in electricity supplied to households as part of €45 million EU-SCORES project.

about 4 years ago
UK
Outlook & Strategy

SMI: Industry invited to hear about UK’s refreshed shipbuilding strategy

The latest thinking of the team behind the UK’s refreshed shipbuilding strategy, which is expected to include a multi-billion pound vessel pipeline due to be built over the next 30 years, will be discussed at the annual conference held by the Society of Maritime Industries (SMI).

about 4 years ago
carbon intensity
Outlook & Strategy

StormGeo launches digital tool for ship’s carbon intensity improvement

Norwegian weather forecasting provider StormGeo has launched a new Carbon Intensity Indicator (CII) Dashboard, a digital tool for ship operators to calculate, report and improve the CII rankings of their fleet.

about 4 years ago
Drewry
Outlook & Strategy

Drewry: Ocean carriers close 2021 with $190 billion profit

Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

about 4 years ago
Solstad goes on decarbonisation quest with Wärtsilä
Outlook & Strategy

Aiming for industry’s greenest fleet of vessels, Solstad goes on decarbonisation quest with Wärtsilä

Solstad has turned to Wärtsilä in a bid to reduce the carbon footprint of its fleet and achieve its decarbonisation ambitions by 2050.

about 4 years ago