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Outlook & Strategy

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NKT invests in cable lay barge from Boskalis
Outlook & Strategy

NKT invests in cable lay barge from Boskalis

Danish power cable manufacturer and installation firm NKT has made an investment in a cable lay barge from Dutch Boskalis, further strengthening its offshore cable installation tools and capabilities. NKT is planning to upgrade the Boka Constructor and modernize it for near-shore cable laying and bu

about 11 months ago
Equinor and partners looking into Nordics’ first large-scale waste-to-methanol plant
Outlook & Strategy

Equinor and partners looking into Nordics’ first large-scale waste-to-methanol plant

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Norwegian energy giant Equinor and NG Nordic-owned Mana have formed an early-stage strategic partnership to explore the potential development of the Nordics’ first large-scale waste-to-methanol project at Mongstad complex, with the support of sustainable technology solutions provider NEXTCHEM.

about 11 months ago
Gen2 Energy and MB Energy eye liquid hydrogen supply chain from Norway to Germany
Outlook & Strategy

Gen2 Energy and MB Energy eye liquid hydrogen supply chain from Norway to Germany

Gen2 Energy and MB Energy have signed a memorandum of understanding (MoU) to develop a collaboration focusing primarily on production, offtake, and distribution of RFNBO-compliant liquid hydrogen from Gen2 Energy’s project portfolio in Norway to MB Energy’s end customers in Germany.

about 11 months ago
Funding to accelerate 'sea snake' wave energy converter toward sea trials
Outlook & Strategy

Funding to accelerate ‘sea snake’ wave energy converter toward sea trials

UK’s national innovation agency Innovate UK has awarded a £750,000 (approximately €861,630) grant to a Wiltshire-based company to help advance the technology readiness and performance of its ‘sea snake’ wave energy converter (WEC) and pave the way for future sea trials at the Welsh Marine Energy Tes

about 11 months ago
‘World’s largest’ cable laying vessel launches, sea trials on schedule
Outlook & Strategy

‘World’s largest’ cable laying vessel launches, sea trials on schedule

Jan De Nul has launched its first XL cable-laying vessel (CLV), Fleeming Jenkin, with the final vessel construction phase now starting, including sea trials. Jan De Nul announced in October 2023 that it had placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard, followed by an order for

about 11 months ago
Energy efficiency
Outlook & Strategy

Energy efficiency measures can slash the cost of shipping’s transition by up to $220B, World Bank report finds

Energy efficiency measures can reduce the total cost of the maritime energy transition by up to $220 billion per year, according to a new report released by the World Bank.

about 11 months ago
GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet
Outlook & Strategy

GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet

The German International Cooperation Society (GIZ) has signed a PPP agreement with Neuman & Esser South East Asia (NEA SEA) and French HDF Energy to decarbonize Indonesia’s inter-island ferries to further scale the development of the country’s green hydrogen ecosystem.

about 11 months ago
Swedish tidal energy developer sees South Korea as ‘highly attractive market’
Outlook & Strategy

Swedish tidal energy developer sees South Korea as ‘highly attractive market’

Swedish tidal energy developer Minesto has taken part in a high-level delegation visit to South Korea, a country that the company finds highly attractive due to its “extensive tidal and ocean current resources”. Minesto CEO Martin Edlund was part of a Swedish high-level delegation to South Korea aim

about 11 months ago
Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech
Outlook & Strategy

Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech

DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heatin

about 11 months ago
UK Ammonia Alliance launches to power decarbonization and economic growth
Outlook & Strategy

UK Ammonia Alliance launches to power decarbonization and economic growth

A coalition of businesses has formed the UK Ammonia Alliance (UKAA) to drive adoption of low-carbon ammonia across industry, energy, agriculture, and transport to support the UK’s energy security, decarbonization, and economic growth.

about 11 months ago
Melbourne and Shanghai ports shake hands on green shipping corridor
Outlook & Strategy

Melbourne and Shanghai ports shake hands on green shipping corridor

Australia’s Port of Melbourne and China’s Port of Shanghai have joined forces to establish a green shipping corridor.

about 11 months ago
Viking Vigor
Outlook & Strategy

Turkish-built, methanol-powered subsea vessel faces deferred delivery

The delivery of a next-generation subsea vessel being built at the Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas has been delayed for the third quarter of 2026, instead of the initial plan for early next year. The 100-meter-long Viking Vigor will be powered by methanol and, upon

about 11 months ago
Nigerian oil & gas firm orders two new UK-made remotely operated vehicles
Outlook & Strategy

Nigerian oil & gas firm orders two new UK-made remotely operated vehicles

UK’s Forum Energy Technologies (FET) has secured an order from Nigerian oil & gas company Marine Platforms (MPL) for the delivery of two of its new generation work-class remotely operated vehicles (WROVs). The contract secured by FET’s Subsea product line marks the first sale of the XLX EVO III, whi

about 11 months ago
HelioRec
Outlook & Strategy

HelioRec seeks partners to boost global floating solar presence

French floating solar company HelioRec is looking to strengthen its global footprint by partnering with distributors and commercial representatives for its floating solar systems. According to the company, its patented technology is designed for lakes and nearshore areas, providing a “reliable and c

about 11 months ago