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Outlook & Strategy

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Wave Swell Energy’s UniWave200 wave energy prototype (Courtesy of Wave Swell Energy)
Outlook & Strategy

Wave energy as key driver of cost-reduction in hybrid renewable energy systems

New research has found the relative predictability and consistency of wave energy could play a vital role in improving reliability and stability, while also reducing costs in a renewable energy-powered grid.

about 4 years ago
Lhyfe establishes hydrogen mobility partnership with Gaussin
Outlook & Strategy

Lhyfe establishes hydrogen mobility partnership with Gaussin

French green and renewable hydrogen producer Lhyfe has formed a strategic partnership with compatriot engineering firm Gaussin to accelerate the development of hydrogen mobility at port, airport and logistics sites. The parties have signed a memorandum of understanding (MoU) to study the possibility

about 4 years ago
CMHI to build LNGCs using GTT membrane tech under new license deal
Outlook & Strategy

CMHI to build LNGCs using GTT membrane tech under new license deal

French LNG containment specialist GTT has signed technical assistance and license agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI). The agreement will enable the shipbuilder to construct vessels using GTT’s membrane techn

about 4 years ago
Wind Challenger
Outlook & Strategy

World’s 1st cargo ship equipped with ‘Wind Challenger’ delivered

The world’s first coal carrier equipped with Wind Challenger was delivered and started operation on 7 October 2022, MOL said.

about 4 years ago
Illustration (Courtesy of ABL Group)
Outlook & Strategy

ABL Group secures Greenlink interconnector offshore work

ABL Group has secured work on the Greenlink interconnector – a 500MW interconnector linking power networks in Ireland and Great Britain.

about 4 years ago
Ocean Power Technologies has inked a memorandum of understanding (MoU) with AltaSea at the Port of Los Angeles
Outlook & Strategy

Pacific Coast govts set sights on port electrification and maritime decarbonisation

Pacific Coast governments — California, Oregon, Washington and British Columbia — have signed a new Statement of Cooperation (SOC), including a new initiative to pursue zero-carbon shipping and to decarbonize port equipment and operations.

about 4 years ago
EIG’s MidOcean Energy to buy Tokyo Gas’ stake in four Australian LNG projects for $2 billion
Outlook & Strategy

EIG’s MidOcean Energy to buy Tokyo Gas’ stake in four Australian LNG projects for $2 billion

MidOcean Energy, an LNG company formed and managed by energy and infrastructure investor EIG, has entered into a definitive agreement to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects. Under the terms of the agreement, MidOcean will acquire Tokyo Gas’ interest

about 4 years ago
L to R: NREL researchers Casey Nichols and Andrew Simms (Courtesy of NREL/Photo by Werner Slocum)
Outlook & Strategy

NREL advances data collection tools to accelerate development of marine energy industry

Researchers at the National Renewable Energy Laboratory (NREL) have made progress with the development of data-gathering tools to help accelerate the development of marine energy technologies.

about 4 years ago
Air Products spending $500M to build hydrogen production facility in NY
Outlook & Strategy

Air Products spending $500M to build hydrogen production facility in NY

Industrial gas supplier Air Products has revealed plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York. The company’s plans also include liquid hydrogen distribution and dispen

about 4 years ago
Maersk containership
Outlook & Strategy

Study: Maersk among 134 ‘highly carbon-exposed’ companies failing to include climate risks in financial reporting

Danish shipping major Maersk has been included in the list of 134 ‘highly carbon-exposed companies’ that reportedly failed to disclose how climate-related risks might impact them financially. The list is part of a review produced by The Carbon Tracker Initiative, a think tank specializing in researc

about 4 years ago
In focus: Vessel decarbonization efforts picking up pace
Outlook & Strategy

In focus: Vessel decarbonization efforts pick up steam

The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different

about 4 years ago
Illustration/Floating solar park (Courtesy of Seaflex)
Outlook & Strategy

Seaflex and Toledo Solar form floating solar partnership

Seaflex and Toledo Solar have established a collaborative partnership and strategic alliance to further advance floating solar technology and strengthen their position in this increasingly attractive renewable energy sector.

about 4 years ago
Port of Long Beach joins clean hydrogen alliance
Outlook & Strategy

Port of Long Beach joins clean hydrogen alliance

The Port of Long Beach has joined the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public-private partnership formed to help capture federal funding for developing a renewable hydrogen market in California. ARCHES was launched to serve as the lead applicant for California’s bid t

about 4 years ago
Uni-Tankers
Outlook & Strategy

Uni-Tankers preps two ships for low-carbon era

Danish ship owner and operator Uni-Tankers has decided to retrofit two of its tankers to meet expectations for energy efficiency for the years ahead.

about 4 years ago
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