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Outlook & Strategy

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IMO Symposium
Outlook & Strategy

Should shipping bid for existing alternative fuels, or wait for technologies to mature?

in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.

about 4 years ago
Shell takes part in the next wave of Qatar’s LNG expansions
Outlook & Strategy

Shell takes part in the next wave of Qatar’s LNG expansions

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Qatar’s state-owned oil and gas company QatarEnergy has selected Shell as its second international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project, following the selection of TotalEnergies as the first international partner in the project. Under the partnership a

about 4 years ago
SAFEEN Group boosting subsea offering with purchase of 2014-built vessel
Outlook & Strategy

UAE firm boosting subsea offering with purchase of 2014-built vessel

Safeen Offshore, part of AD Ports Group, is acquiring a new support vessel with the aim of enhancing its subsea service capabilities. The vessel, built in 2014, will operate under the name Safeen Surveyor and will undergo an extensive conversion, including the installation of an integrated dive syst

about 4 years ago
First turbine delivers power at EOWDC (Aberdeen) offshore wind farm
Outlook & Strategy

Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production, DNV’s new report says

Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respective

about 4 years ago
ACWA Power and KEPCO forge green hydrogen/ammonia alliance
Outlook & Strategy

ACWA Power and KEPCO forge green hydrogen/ammonia alliance

Saudi developer of green hydrogen projects ACWA Power and South Korean electric utilities provider Korea Electric Power Corporation (KEPCO) have teamed up to develop green hydrogen/ammonia projects to decarbonise KEPCO’s operations. The companies have signed an extensive memorandum of understanding

about 4 years ago
QatarEnergy sets sights on becoming largest LNG company within ten years
Outlook & Strategy

QatarEnergy sets sights on becoming largest LNG company within ten years

Qatar’s state-owned oil and gas company QatarEnergy has set its sights on becoming the largest liquefied natural gas (LNG) traders in the world within five to ten years. Minister of State for Energy Affairs, the president and CEO of QatarEnergy Saad bin Sherida Al Kaabi underlined this in his speech

about 4 years ago
Aqaba
Outlook & Strategy

APM, ADC unveil zero-emission vision for Aqaba Container Terminal

The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.

about 4 years ago
Courtesy of Clean Sea Transport
Outlook & Strategy

Platten: Hundreds of thousands of seafarers will need training to be able to handle new fuels

Hundreds of thousands of seafarers will require some type of new training by 2050 to be able to handle fuels such as ammonia, hydrogen or methanol and a significant number by 2030, initial findings of a massive study commissioned by the International Chamber of Shipping (ICS) show. The research stud

about 4 years ago
In focus: Are countries caught between energy security and net-zero pledges?
Outlook & Strategy

In focus: Balancing act between energy security and net-zero goals

The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.

about 4 years ago
Moscow Maersk
Outlook & Strategy

Converting boxships to methanol & ammonia is feasible and cost-effective, report says

Converting containership vessels to alternative fuels is technically and economically feasible, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping said citing findings of a new report. As the industry moves to decarbonize its fleet, numerous questions remain to be answered on the best pathways f

about 4 years ago
Germany and UAE reinforce energy partnership
Outlook & Strategy

Germany and UAE reinforce energy partnership

Germany and the United Arab Emirates (UAE) have entered into a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the two countries in energy security, decarbonisation and climate action. The agreement was signed by Sultan Ahmed Al J

about 4 years ago
Port of Antwerp
Outlook & Strategy

ESG: Is there too much focus on the E?

Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050,

about 4 years ago
Port of Los Angeles
Outlook & Strategy

Green corridors: can they catalyze the transition to zero-emission shipping?

Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.

about 4 years ago
RWE seals multi-year LNG supply deal with ADNOC, first cargo to reach floating LNG terminal at Brunsbüttel by year-end
Outlook & Strategy

RWE seals multi-year LNG supply deal with ADNOC, first cargo to reach floating LNG terminal at Brunsbüttel by year-end

German energy company RWE has entered into an agreement with Abu Dhabi National Oil Company (ADNOC) on liquefied natural gas (LNG) supplies, with the first cargo to be delivered to a floating LNG import terminal at Brunsbüttel. Under the agreement, the first delivery of a cargo of LNG will be suppli

about 4 years ago