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Outlook & Strategy

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shipping
Outlook & Strategy

HUB Ocean, Mærsk Mc-Kinney Møller Center form knowledge partnership

HUB Ocean, a Norway-based center dedicated to sharing ocean data, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. HUB Ocean is an independent, non-profit tech foundation that invests considerable resources into unlocking ocean data. Its flags

about 4 years ago
Amogy
Outlook & Strategy

Yara Clean Ammonia to use Amogy’s ammonia-to-power system in shipping projects

Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a ze

about 4 years ago
Wisting project in the Barents Sea - Equinor
Outlook & Strategy

Investment decision for Barents Sea project postponed amid cost growth in supply industry

Equinor and its Wisting project partners have decided to postpone the investment decision scheduled for December 2022.

about 4 years ago
BP takes the stage at Offshore Energy Exhibition & Conference
Outlook & Strategy

BP takes the stage at Offshore Energy Exhibition & Conference

BP is joining this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam as the sponsor of The Stage and one of its participants. In three weeks, this open stage on the exhibition floor will put a spotlight on a variety of aspects from the offshore energy sector, from market insights to

about 4 years ago
Dutch bio-LNG production plant for maritime industry enters build phase
Outlook & Strategy

Dutch bio-LNG production plant for maritime industry enters build phase

The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the fa

about 4 years ago
Rovco Hom
Outlook & Strategy

Rovco partners with HOM for wind work offshore Japan

UK-based Rovco and Horizon Ocean Management (HOM) have signed a memorandum of understanding (MoU) for through-life subsea asset integrity and balance of plant survey solutions for the Japanese offshore wind market. The agreement will see both parties work together to analyse the Japanese offshore wi

about 4 years ago
Rodolphe Saade
Outlook & Strategy

France to bankroll development of zero-emission ships with €300 mln, backed by $200 mln from CMA CGM

France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tues

about 4 years ago
Ofgem: FAB Link retains cap and floor regime in principle
Outlook & Strategy

Ofgem: FAB Link retains cap and floor regime in principle

FAB Link, an interconnector that will link Great Britain and France, is retaining its cap and floor regime in principle, Ofgem announced following the needs case reassessment for the project. The FAB Link project, being jointly developed by FAB Link Limited and Réseau de Transport d’Électricité (RTE

about 4 years ago
BP looking into large-scale hydrogen production in Mauritania
Outlook & Strategy

BP looking into large-scale hydrogen production in Mauritania

British energy company BP has signed a memorandum of understanding (MoU) with the Government of Mauritania to explore the potential for large-scale production of green hydrogen in the country. The MoU was signed on 8 November in a meeting alongside the 27th United Nations Climate Change Conference (

about 4 years ago
Illustration/Andritz tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

SIMEC Atlantis appoints MeyGen chief as tidal power project makes progress

SIMEC Atlantis Energy has made ‘good progress’ in the delivery of its commercial-scale tidal energy array at MeyGen site in Scotland.

about 4 years ago
Uniper partners with NewMed Energy on LNG and hydrogen to minimise energy crisis
Outlook & Strategy

Uniper partners with NewMed Energy on LNG and hydrogen to minimise energy crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long term and producing blue and green hydrogen. The parties have signed a non-binding memorandum of understanding (MoU) to look into the supply of

about 4 years ago
Cleo Bierneza, a seafarer (Third Officer) from the Philippines
Outlook & Strategy

Up to 800,000 seafarers due for carbon upskilling by mid-2030

As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less by 2050, a DNV study shows. Findings also suggest that a

about 4 years ago
EIB to back Italy's subsea link with €1.9 billion
Outlook & Strategy

EIB to back Italy’s subsea link with €1.9 billion

Italian transmission system operator (TSO) Terna and the European Investment Bank (EIB) have signed a €500 million finance contract for the east section of the Tyrrhenian Link connecting Sicily with Campania. The loan is the first tranche of a total of €1.9 billion approved by the EIB for the Tyrrhe

about 4 years ago
Prysmian expands cable-laying fleet
Outlook & Strategy

Prysmian expands cable-laying fleet

Prysmian Group has expanded its cable-laying fleet to five vessels with the addition of the ultra-shallow-water barge Barbarossa I. With the addition of Barbarossa I, Prysmian said it can now provide the full range of subsea cable-laying solutions, from the shallowest coastal waters in Northern Euro

about 4 years ago
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