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Peter Ståhlberg, Managing Director at NLC Ferry/Wasaline

Outlook & Strategy

Red Sea to get its 1st battery hybrid ferry

UME Shipping LLC, United Arab Emirates, has bought the battery-powered M/S Wasa Express ferry from Finnish/Swedish shipowner Kvarken Link. Kvarken Link is presently building the M/S Aurora Botnia replacing the Wasa Express in May 2021, which will be managed by its subsidiary Wasaline. M/S Wasa Expre

about 5 years ago

Outlook & Strategy

Eni enters new alliance to work on key sectors of energy transition

Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.

about 5 years ago

Outlook & Strategy

Port of Rotterdam looking into potential of new trade corridors for hydrogen

The Port of Rotterdam, Europe’s leading trading hub, has become part of a feasibility study named HySupply to explore what role could the port play in the possible creation of a new trade corridor for hydrogen. The project is led by Germany, which is investing heavily in hydrogen, and it is focusing

about 5 years ago

Deirdre Michie, Oil & Gas UK chief executive

Outlook & Strategy

Oil & Gas UK adds three board members as sector pushes to meet net-zero target

Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.

about 5 years ago

Outlook & Strategy

Navis unveils its top predictions and trends that will drive the shipping industry in 2021

Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations

about 5 years ago

A photo of Morlais Demonstration Zone (Courtesy of Menter Môn)

Outlook & Strategy

Morlais tidal scheme lines up for North Wales Growth Deal boost

Anglesey tidal energy project, Morlais, is set to become one of the first projects to benefit from the proposed £240 million North Wales Growth Deal.

about 5 years ago

A photo of Andreas Hveding Aubert, CFO of Shearwater (Courtesy of Shearwater GeoServices)

Outlook & Strategy

Shearwater GeoServices signs $437M debt refinancing

Shearwater GeoServices has signed new debt and guarantee facilities totalling $437 million, as part of the planned refinancing of the company’s maturing debt.

about 5 years ago

OGA's new strategy features net-zero obligations

Outlook & Strategy

New strategy requires UK oil and gas sector to support net-zero target

A revised Strategy from the UK OGA, featuring a range of new net-zero obligations for the UK oil & gas industry, was submitted before the UK Parliament.

about 5 years ago

Outlook & Strategy

Norway approves carbon transport and storage project

Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. The project will enable the shipping, reception, and sequestration of CO2 in geological strata in the Northern North Sea, a

about 5 years ago

Outlook & Strategy

NKT sets net zero emissions goal

Cabling firm NKT has signed up for the Science Based Target initiative to become a net-zero emissions company. The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The

about 5 years ago

Outlook & Strategy

WoodMac: 2-degree world to strand 12 trillion cbm of discovered gas

Over three quarters or 77 per cent of new LNG supply are at risk under a 2-degree scenario, according to the latest report by Wood Mackenzie.

about 5 years ago

Outlook & Strategy

New terminal to strengthen Gothenburg as Nordic logistics capital

The Port of Gothenburg is the largest port in the Nordic region. 30 per cent of Swedish foreign trade passes through the Port as well as half of all container traffic. The Port of Gothenburg is the only port in Sweden with the capacity to receive the world’s largest container vessels and has the bro

about 5 years ago

A photo illustration of MeyGen tidal turbine (Courtesy of Simec Atlantis Energy)

Outlook & Strategy

UK Energy Minister considers marine energy ring-fencing in next CfD auction

UK Energy Minister Kwasi Kwarteng has confirmed the government is considering the creation of a ‘pot within a pot’ for marine energy in the 2021 contracts for difference auction round.

about 5 years ago

Outlook & Strategy

Saga Pure ASA pushes forward with investments in green technologies

Saga Pure ASA, formerly known as Saga Tankers, has taken a 21.4 % stake in Bergen Carbon Solutions AS (BCS), a company that has developed a technology for converting CO2 to carbon nanofibers. The investment saw Saga Pure commit to subscribe for NOK 30 million ($3.4 million) in a gross NOK 40 million

about 5 years ago