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Outlook & Strategy

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Isle of Man Ship Registry
Outlook & Strategy

Isle of Man Ship Registry joins Eyesea ocean clean up initiative

The Isle of Man Ship Registry (IOMSR) has become the first flag state to formally back the Eyesea initiative, the not-for-profit organisation formed last year to map marine pollution.

about 5 years ago
Photo showing Aleron's AUXROV (Courtesy of Aleron)
Outlook & Strategy

Aleron enters U.S. offshore energy market with SEA.O.G Offshore partnership

Scottish-based ROV and tooling specialist Aleron has signed a partnership agreement with the U.S. offshore services provider SEA.O.G. Offshore to bring its intelligent AUXROV system to the offshore energy market in the United States.

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about 5 years ago
Illustration/Ocean Harvesting Technologies' wave energy technology (Courtesy of Ocean Harvesting Technologies)
Outlook & Strategy

Nordic partnership targets oil and gas platforms emissions cut using wave tech

Oil and gas company Lundin Energy Norway has partnered up with Swedish wave energy developer Ocean Harvesting Technologies to explore the potential of using wave energy to decarbonise the production of oil and gas on offshore platforms.

about 5 years ago
EU
Outlook & Strategy

EU maritime sector set to benefit from new sustainable finance package

On 21 April, the European Commission adopted a “sustainable finance” package to help improve the flow of money towards sustainable activities across the European Union.

about 5 years ago
L to R: Craig Smith; Karen Russell; and Walter Robertson
Outlook & Strategy

Scotland gets first dedicated subsea decommissioning hub

NorSea UK, in collaboration with Robertson-IES and CR Smith Services, has unveiled NorSea Decom – a dedicated entity whose sole work scope will be the safe and compliant management of decommissioned subsea infrastructure and waste logistics.

about 5 years ago
7% of EU’s shipping fuels need to be green by 2030 for the sector to decarbonise
Outlook & Strategy

7% of EU’s shipping fuels need to be green by 2030 for the sector to decarbonise

7% of the EU’s shipping fuels need to be green by 2030 for the sector to decarbonise by mid-century, a new study released by environmental NGO Transport & Environment (T&E) shows. The study analyses technical, operational and fuel options that could help cut EU shipping emissions in line with the EU

about 5 years ago
Artois
Outlook & Strategy

One quarter of tanker fleet to be over 20 years old by 2023

More than 25% of the active tanker fleet, i.e., one quarter, is set to reach 20 years of age by 2023, creating quite a scrapping candidate list going forward. Data from VesselsValue shows that of the 13, 211 tankers in its data base, including small tankers, over 3,000 are 20 years old and older. Co

about 5 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd cuts sulphur oxide emissions by 70 pct in 2020

German container shipping major Hapag-Lloyd reduced its sulphur-oxide emissions by roughly 70 per cent in 2020 compared to 2019, a newly released report shows.

about 5 years ago
Lundin
Outlook & Strategy

Lundin sells ‘world-first’ carbon-neutral certified oil

Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.

about 5 years ago
Viking Grace
Outlook & Strategy

Viking Grace completes test run of Norsepower’s rotor sail

Viking Line’s passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower.

about 5 years ago
A photo of an offshore wind farm in sunset
Outlook & Strategy

Offshore wind FIDs to increase 57 per cent by 2022 – Westwood

Offshore wind energy projects final investment decisions (FIDs) will grow 57 per cent in the next 18 months, compared to the 2019-20 period, according to a new analysis from Westwood Global Energy Group. The global analysis, excluding mainland China, states that the FIDs growth represents an additio

about 5 years ago
Maritime Technologies Forum
Outlook & Strategy

Seven industry partners launch Maritime Technologies Forum

Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap between technology knowledge and regulatory process.

about 5 years ago
Maersk
Outlook & Strategy

Maersk raises full-year guidance as it rides exceptional market

Industry heavyweight A.P. Møller – Mærsk A/S has lifted market guidance for the full year of 2021 citing an exceptional market situation in the container shipping sector. The company is now forecasting an underlying EBITDA in the range of $13-15bn from the previously guided $8.5-10.5bn and underlyin

about 5 years ago
Photo showing Resen Waves’ Smart Power Buoy (Courtesy of Resen Waves)
Outlook & Strategy

Resen Waves strengthens patent portfolio

Danish wave energy developer Resen Waves has secured patent protection in the European Union and Norway for various parts of its wave energy technology.

about 5 years ago