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Outlook & Strategy

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NYK
Outlook & Strategy

NYK, Knutsen form new company for LCO2 transportation

Japanese shipping major NYK and Norway’s Knutsen Group have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide.

about 4 years ago
SSY
Outlook & Strategy

SSY swallows Anchor Shipbroking to strengthen S&P business

Simpson Spence Young (SSY), the world’s largest independent shipbroker, has decided to acquire Anchor Shipbroking.

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about 4 years ago
Illustration/ADCP deployment (Courtesy of TIGER Project)
Outlook & Strategy

Tidal energy sites at Raz Blanchard welcome ADCP kits

Four Acoustic Doppler Current Profilers (ADCPs) have been deployed in tidal energy sites at Raz Blanchard, an eight-mile strait that runs between Alderney and La Hague in France, as part of the TIGER project.

about 4 years ago
Wintershall Dea in energy transition with hydrogen and CCS
Outlook & Strategy

Wintershall Dea in energy transition with hydrogen and CCS

German oil and gas company Wintershall Dea says it is driving gas industry transformation with hydrogen and carbon capture and storage (CCS) to achieve the climate targets in Europe.

about 4 years ago
ICS, IRENA join hands to speed up green fuel transition
Outlook & Strategy

ICS, IRENA join hands to speed up green fuel transition

The International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) have signed a partnership agreement to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables.

about 4 years ago
MPC Capital
Outlook & Strategy

MPC Capital orders green methanol-ready boxships

Hamburg-based asset and investment manager MPC Capital, together with partners, has ordered four container vessels at Korean shipyard Hanjin Heavy Industries.

about 4 years ago
Maersk Tankers
Outlook & Strategy

Maersk Tankers setting up decarbonisation hub

Danish tanker shipping firm Maersk Tankers has revealed its plans to establish a knowledge hub focusing on the decarbonisation of the shipping sector.

about 4 years ago
BP to support Oman in green hydrogen development
Outlook & Strategy

BP to support Oman in green hydrogen development

British oil and gas major BP has partnered up with Oman to support renewable energy and green hydrogen development in the country by 2030.

about 4 years ago
Unifeeder
Outlook & Strategy

Unifeeder opts for carbon-neutral towage services

Denmark-based shortsea operator Unifeeder has started using carbon-neutral towage services to boost its decarbonization goals.

about 4 years ago
Norwegian authorities greenlight Maersk Drilling – Noble merger
Outlook & Strategy

Two rival players get green light for merger plans

The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

about 4 years ago
Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Outlook & Strategy

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

13 minutes read
Photo showing PEWEC 2.0 wave energy device during tank trials (Courtesy of ENEA)
Outlook & Strategy

Revamped PEWEC wave device shaping up as ‘the clean power solution’ for small Mediterranean islands

The new and improved version of PEWEC (Pendulum Wave Energy Converter), being developed by Italy’s national agency ENEA and Polytechnic University of Turin, could prove to be an ideal solution for small and medium-sized islands across the Mediterranean as they transition to net-zero future.

about 4 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Outlook & Strategy

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

about 4 years ago
VesselsValue
Outlook & Strategy

VesselsValue acquires Norway’s shipping analyst

The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.

about 4 years ago