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Outlook & Strategy

Everllence and Hyundai shake hands on next-gen ammonia-powered gas carrier

Germany’s engine maker Everllence (formerly MAN Energy Solutions) has initiated a strategic collaboration with Hyundai Heavy Industries Engine Division and HD Hyundai Mipo, part of the South Korean Hyundai Group, to develop a next-generation ammonia-fueled medium gas carrier.

about 1 year ago

Outlook & Strategy

Marine license application filed for one of UK’s largest power projects

SSEN Transmission has submitted a marine license application for the Scottish marine elements of the Eastern Green Link 3 (EGL3) project between Scotland and England, set to become one of the biggest electricity transmission projects in the UK. The application, submitted to the Marine Directorate –

about 1 year ago

Outlook & Strategy

FuelEU Maritime pooling is no silver bullet, ZERO44 warns

While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.

about 1 year ago

Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies

Outlook & Strategy

Wison pools resources with Siemens Energy on FLNG and FPSO projects

China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (

about 1 year ago

Outlook & Strategy

Dutch survey company settles in France to better serve local projects

Amsterdam-headquartered Deep, which specializes in hydrography, marine geophysics, UXO surveys and precise marine positioning, is strengthening its presence in France by opening a local entity to serve French clients and projects more efficiently. Set to start operating this month, Deep Atlantique w

about 1 year ago

Outlook & Strategy

ABB, Blykalla team up on nuclear power technology for maritime industry

Switzerland-based technology company ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company Blykalla to support and accelerate the deployment of small modular lead-cooled reactors to the maritime industry.

about 1 year ago

Outlook & Strategy

IEA highlights role of policy in advancing hydrogen projects

Scaling up hydrogen is no longer primarily a technology challenge but a policy one, as most announced projects remain stalled without long-term demand signals and government backing, according to the International Energy Agency (IEA).

about 1 year ago

Outlook & Strategy

EU-backed project to advance wave energy farms sets start date

The EU has awarded €4 million under Horizon Europe to the Control-Oriented Innovations for future wave energy farms (COIN) project, which is set to start on November 1, 2025. Coordinated by Technische Universitaet Braunschweig in Germany, the four-year initiative aims to bring ocean energy technolo

about 1 year ago

Outlook & Strategy

China leads in total committed investments in $110B clean hydrogen industry, report finds

More than 500 clean hydrogen projects worldwide have reached maturity, representing $110 billion in investments, with China occupying the leading position in total committed investments and renewable hydrogen production, according to the Hydrogen Council’s new annual publication.

about 1 year ago

Outlook & Strategy

A trillion-plus investment gap threatens to stall shipping’s energy transition, new report reveals

Without the right moves, the global maritime industry’s decarbonization goals are at stake, a new report shows. The report explores innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The US-based environmental advocacy group Environmental Defense Fund (EDF

about 1 year ago

Outlook & Strategy

Reach Subsea boosts offshore capabilities with acquisition of Swedish firm

Norway’s Reach Subsea has acquired Subvision AB, a Swedish company founded in 1993, focused on the design of equipment for subsea environments. According to Reach Subsea, Subvision has extensive experience from military and offshore development projects and has, over the years, developed several adv

about 1 year ago

Outlook & Strategy

France adds 20 MWp floating solar at former gravel pit site (Video)

Solar power producer Generale du Solaire and French floating solar company Ciel & Terre EMEA have commissioned a 20 MWp floating solar plant in Leutenheim, France, which the company described as the first of this scale in the region. Built on a former gravel pit, the installation was completed in fo

about 1 year ago

Outlook & Strategy

VARD cuts steel for Taiwan-bound subsea construction vessel

Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind

about 1 year ago

Outlook & Strategy

ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports

ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.

about 1 year ago