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Outlook & Strategy

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Holland Shipyards
Outlook & Strategy

Holland Shipyards to build two more coasters for De Bock Maritiem

Dutch shipbuilder Holland Shipyards has won a contract to build two coasters for compatriot De Bock Maritiem thus expanding its footprint in the shortsea market. The 3.600 DWT vessels, designed by Conoship, will transport dry cargo and have a low air draft, making them suitable for inland waterways

about 3 years ago
Eni and Sonatrach join forces to curb emissions and bolster energy security
Outlook & Strategy

Eni and Sonatrach join forces to curb emissions and bolster energy security

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Eni and Algeria’s Sonatrach have inked strategic agreements to accelerate the reduction of emissions and strengthen energy security.

about 3 years ago
Minesto’s Dragon 4 tidal energy kite (Courtesy of Minesto)
Outlook & Strategy

Minesto strengthens tidal energy buildout plans for Faroe Islands

Swedish marine energy company Minesto and Faroese utility company SEV have renewed and expanded the collaboration agreement related to tidal energy buildout in the Faroe Islands.

about 3 years ago
Thome Group
Outlook & Strategy

Thome Group transfers 100 ships to Marlink’s hybrid network

Marlink, the smart solutions company, has signed an agreement to provide hybrid network connectivity services to at least 100 ships operated by Singapore-based shipmanager Thome Group. Under the contract, the vessels will be equipped with Marlink’s high-speed VSAT service as well as L-band back-up.

about 3 years ago
Hoglund
Outlook & Strategy

Eitzen takes majority stake in Høglund Marine Solutions

Oslo-based Eitzen Group has become a majority shareholder in Høglund Marine Solutions, a compatriot provider of sustainable automation and energy solutions for the maritime industry. Høglund designs and develops smart automation, energy, and digital solutions targeting the optimization of vessels’ o

about 3 years ago
CETO Wave Energy Ireland’s engineer preparing tank equipment (Courtesy of Carnegie Clean Energy)
Outlook & Strategy

Carnegie and HPE extend collaboration on wave energy tech

Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) have extended their collaboration agreement and will continue to work together on innovations in the wave energy sector for another two years.

about 3 years ago
HEH preparing Stade LNG terminal to receive Dynagas FSRU next winter
Outlook & Strategy

HEH preparing Stade LNG terminal to receive Dynagas FSRU next winter

The construction of the new jetty for liquefied gases has officially begun in Stade, Germany, to receive one of the five floating storage and regasification units (FSRUs) chartered by the federal government. According to Hanseatic Energy Hub (HEH), the construction of the new jetty started on 20 Jan

about 3 years ago
New FPSO sets sail for BP’s giant gas project
Outlook & Strategy

New FPSO sets sail for BP’s giant gas project

BP has revealed that an FPSO destined for its Greater Tortue Ahmeyim LNG project has embarked on its journey to Mauritania and Senegal.

about 3 years ago
SF Russia's largest shipping company
Outlook & Strategy

Sanctions aftermath: India emerges as top buyer of Russia’s seaborne crude

India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & P

about 3 years ago
Liquid Wind to set up third electrofuel facility for maritime sector
Outlook & Strategy

Liquid Wind to set up third electrofuel facility for maritime sector

Swedish green electrofuel developer Liquid Wind has revealed its plan to establish the country’s third electrofuel facility for the maritime sector, following similar FlahshipONE and FlagshipTWO projects. For this purpose, Liquid Wind, in partnership with Umeå Energi, carried out a feasibility study

about 3 years ago
Beihai Shipbuilding
Outlook & Strategy

Fredriksen buys 4.6 million more shares in Euronav as arbitration over failed merger looms

Famatown Finance Limited, a company controlled by shipping magnate John Fredriksen, has acquired 4,653,000 additional shares in Belgian tanker shipping company Euronav. Together with related companies, Famatown holds 45,641,478 shares in Euronav or 22.62% stake. The move has brought Fredriksen close

about 3 years ago
Ursula von der Leyen, President of the European Commission
Outlook & Strategy

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago
Fugro plots first remotely operated autonomous offshore wind farm inspection
Outlook & Strategy

Fugro plots first remotely operated autonomous offshore wind farm inspection

Netherlands-headquartered Fugro has revealed plans to carry out a remotely operated autonomous offshore wind farm inspection, said to be an industry first. Fugro will use its Blue Essence uncrewed surface vessel (USV) equipped with the Blue Volta fully electric remotely operated vehicle (ROV) to con

about 3 years ago
Illustration/Wave energy device (Photo: YouTube/Screenshot)
Outlook & Strategy

First US grid-connected wave energy test site reaches key construction milestones

The last major pieces of the contract to build the wave energy test site PacWave South have been executed, paving the way for the completion of the Oregon State University-led facility off the coast of Newport in Oregon.

about 3 years ago