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Outlook & Strategy

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Van Oord orders two methanol-capable subsea rock installation vessels from China
Outlook & Strategy

Van Oord orders two methanol-capable subsea rock installation vessels from China

Van Oord has placed an order with a Chinese shipyard for two next-generation subsea rock installation vessels that will be capable of operating on methanol. The vessels, to be constructed by Yantai CIMC Raffles Offshore in China, will be equipped with a loading capacity of 35,000 tons, will be capab

about 1 year ago
Leonardo da Vinci continues installing cables at first UK-Germany energy link
Outlook & Strategy
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Leonardo da Vinci continues installing cables at first UK-Germany energy link

Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Outlook & Strategy

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
CorPower Ocean wave energy farm
Outlook & Strategy

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
Navigator
Outlook & Strategy

Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers

Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime.

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Outlook & Strategy

EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
NKT contracts Helix Robotics to operate 'world’s most powerful' subsea trencher
Outlook & Strategy

NKT contracts Helix Robotics to operate ‘world’s most powerful’ subsea trencher

Denmark-headquartered power cable manufacturer and installation firm NKT has selected Helix Robotics Solutions Limited, the UK robotics division of Helix Energy Solutions Group, as the service provider for what is said to be the world’s most powerful subsea trencher. NKT and Helix Robotics entered i

about 1 year ago
Allseas resumes pipelaying at Dutch CCS project after technical setback
Outlook & Strategy

After one-month technical delay, Allseas resumes pipelaying at first Dutch offshore CCS project

Allseas has resumed pipelaying for the first offshore carbon capture and storage (CCS) project in the Netherlands after a one-month break caused by a technical issue. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic was in charge of a special unexploded ordnance (UXO) survey along t

about 1 year ago
Subsea cable protection tech installed at tidal energy site off Orkney
Outlook & Strategy

Subsea cable protection tech installed at tidal energy site off Orkney

UK-based subsea technology company Vesipro has supplied 1,366 meters of its Blue Ocean Protectors (BOP0130, 120 millimeter bore) to support the installation of a 33 kV subsea power cable at a high-current tidal energy site in Orkney, Scotland. According to the UK-based company, the site is known for

about 1 year ago
UK's fourth subsea electricity superhighway to sport Siemens ENergy converter stations
Outlook & Strategy

UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Gr

about 1 year ago
1999-built Solstad vessel nets contract with Petrobras
Outlook & Strategy

Solstad vessel built in 1999 nets contract with Petrobras

Norwegian shipping company Solstad Offshore has secured a contract with Brazilian oil & gas player Petrobras for a construction support vessel (CSV) built in 1999. The CSV Normand Pioneer will be on a bareboat contract from the vessel owner Solstad Maritime ASA (SOMA) to Solstad Offshore, which is t

about 1 year ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Outlook & Strategy

IRENA: Growth in renewables highlights regional imbalance

Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

about 1 year ago
Sumitomo's UK-produced subsea cables to link Kent and Suffolk
Outlook & Strategy

Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago
maritime
Outlook & Strategy

Op-ed: New solution addresses historic inefficiencies in maritime operations

Shipping is struggling to implement its decarbonization transition, with sustainable fuels being much more expensive and much less available than their fossil counterparts.

about 1 year ago