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Outlook & Strategy

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Zennor’s Finlaggen development
Outlook & Strategy

Two Kerogen controlled oil players outline net-zero strategies

Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.

about 5 years ago
Boxship
Outlook & Strategy

Report: Digitalizing maritime sector to strengthen resilience, cut emissions

Better digital collaboration between private and public entities across the maritime supply chain will result in significant efficiency gains, safer and more resilient supply chains, as well as lower emissions, a new report shows.

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about 5 years ago
Havyard
Outlook & Strategy

Havyard wins deal to develop hydrogen zero-emission vessel concept

Norway’s Havyard has won a contract from a European company to develop a new zero-emission ship concept for cargo transport.

about 5 years ago
Olympus platform and a drilling rig in the background
Outlook & Strategy

Rystad: Oilfield services sector will struggle to repeat former glory amid energy transition push

The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.

about 5 years ago
Overhead view of GKinetic’s 10kW prototype device being tested in the Limerick Docks in Ireland (Courtesy of GKinetic Energy)
Outlook & Strategy

GKinetic secures major US patent

Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection in the United States for the ‘bluff body’ accelerator – part of the company’s hydrokinetic technology concept.

about 5 years ago
A map showing the Bornholm Energy Island and its interconnection between Germany and Denmark
Outlook & Strategy

German and Danish TSOs form Bornholm energy island pact

German transmission system operator (TSO) 50Hertz and Danish TSO Energinet have signed a Letter of Intent to collaborate on the Bornholm Energy Island project in the Baltic Sea. The Bornholm Energy Island would connect Germany and Denmark to an offshore hub with around 2,000 MW of wind power capacit

about 5 years ago
Gasum: LNG prices to boost future projects on maritime market
Outlook & Strategy

Gasum: LNG prices to boost future projects on the maritime market

Gasum, the Nordic energy company, sees the potential of increased investment in future projects due to the price increase of LNG. In this week’s analysis, Gasum reports that the Risavika LNG reached 30.20 Euro per megawatt-hour. European gas prices remained supported by tight supply and cold weather

about 5 years ago
TFG Marine
Outlook & Strategy

TFG Marine to commence bunkering ops from Falmouth, UK

TFG Marine, a joint venture bunker company formed by commodity trader Trafigura and shipping firms Frontline and Golden Ocean in 2020, will start bunkering operations this month for vessels at the Falmouth Anchorage, off the South West Coast of the United Kingdom, the company said.

about 5 years ago
Subsea UK CEO Neil Gordon
Outlook & Strategy

UK subsea sector optimism continues to improve

The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in

about 5 years ago
Maersk Essen
Outlook & Strategy

Maersk CEO: We expect to order first ships running on new fuels in three years

Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism. The [&hell

about 5 years ago
Alfa Laval Test and Training Centre
Outlook & Strategy

Industry heavyweights join forces to accelerate development of solid oxide fuel cells

Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Prog

about 5 years ago
Port of Amsterdam
Outlook & Strategy

COVID-19, energy transition hit transhipment at Port of Amsterdam

For the first time in several years, the Port of Amsterdam saw a significant decline in transhipment volumes in 2020, citing both coronavirus and energy transition effects.

about 5 years ago
Boxship
Outlook & Strategy

Tufton Oceanic growing scrubber-fitted fleet

UK’s investment company Tufton Oceanic Assets Limited has expanded its fleet with two containerships fitted with exhaust gas cleaning systems (scrubbers).

about 5 years ago
Meet VindØ - The world's first energy island
Outlook & Strategy

Meet VindØ – The world’s first energy island

The VindØ consortium has revealed its vision of the world’s first energy island. The VindØ consortium comprises two of Denmark’s largest pension funds, PensionDanmark and PFA, and Denmark’s largest utility company, Andel. The artificial island, made of submersible concrete boxes, is to be built in t

about 5 years ago