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Outlook & Strategy

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Scottish marine energy firm hits fundraising target in two days
Outlook & Strategy

Scottish marine energy firm hits fundraising target in two days

Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.

about 4 years ago
Carnival zeroes in on energy and fuel savings with fleetwide upgrades
Outlook & Strategy

Carnival zeroes in on energy and fuel savings with fleetwide upgrades

Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp

about 4 years ago
Oil & gas decom cost forecasts drop to around $54.2 billion
Outlook & Strategy

UK’s oil & gas decom cost forecasts drop to around $54 billion

UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).

about 4 years ago
Nexans' new tower at Halden factory stands tall
Outlook & Strategy

New tower at Nexans’ Halden factory stands tall

Nexans has completed the construction of the new XLPE insulation tower at its subsea cable factory in Halden, Norway. Nexans began the expansion of the Halden factory about two months ago and after 69 days the raising of the tower is completed, the company said. The tower is 152.89 meters tall, whic

about 4 years ago
CMA CGM JACQUES SAADE
Outlook & Strategy

Clarksons: 147 ports offer LNG bunkering as LNG capable newbuilds hit 37 Pct

A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t

about 4 years ago
Alfa Laval adds BunkerMetric to its acquisitions list
Outlook & Strategy

Alfa Laval adds BunkerMetric to its acquisitions list

Swedish sustainable solutions provider Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. According to Alfa Laval, the acquisition is part of the strategy to expand its digital marine se

about 4 years ago
UC San Diego hires Glosten to design hybrid-hydrogen research vessel
Outlook & Strategy

UC San Diego hires Glosten to design hybrid-hydrogen research vessel

Naval architecture and marine engineering company Glosten has been selected to design a new coastal research vessel with a hydrogen-hybrid propulsion system for the University of California San Diego’s Scripps Institution of Oceanography. For this project, Glosten will provide the preliminary design

about 4 years ago
EU-backed fund supports Feritech's growth plans
Outlook & Strategy

EU-backed fund supports Feritech’s growth plans

Subsea solutions supplier Feritech has secured a £1 million growth loan from the Cornwall and Isles of Scilly Investment Fund (CIOSIF) to drive overseas growth. Feritech Global designs, manufactures and sells marine geotechnical equipment, ancillaries and consumables to geotechnical and geophysical

about 4 years ago
Two UK firms formalise deal to make North Sea prospect drill-ready
Outlook & Strategy

Two UK firms formalise deal to work on making North Sea prospect drill-ready

Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospect in the UK North Sea.

about 4 years ago
New CFO joins Valaris to ‘build on the positive momentum’
Outlook & Strategy

New CFO joins Valaris to ‘build on the positive momentum’ in offshore drilling

Valaris has revealed that the new CFO has now started working for the company after being appointed to this role a couple of months ago.

about 4 years ago
Geoquip Marine boosting capacity with specialist deep-push CPT vessel
Outlook & Strategy

Geoquip Marine boosting capacity with specialist deep-push CPT vessel

Global offshore geotechnical data acquisition, analysis and reporting specialist Geoquip Marine has acquired the Geoquip Elena, an integrated geotechnical survey vessel (IGSV), confirming the further expansion of its fleet. According to the company, Geoquip Elena, a specialist deep push cone penetra

about 4 years ago
Marubeni joins Blue Visby Consortium to reduce shipping emissions via digital solutions
Outlook & Strategy

Marubeni joins Blue Visby Consortium to reduce shipping emissions via digital solutions

Japanese conglomerate Marubeni Corporation is participating in the Blue Visby Consortium to support the development of an integrated system that notifies ships of the optimal date and time for arriving at their destination. The recently launched consortium is aimed at helping the shipping industry e

about 4 years ago
MOL and NIES kick off joint study on ship fuel
Outlook & Strategy

MOL and NIES kick off joint study on ship fuel

Japanese shipping major Mitsui O.S.K. Lines (MOL) and the country’s National Institute for Environmental Studies (NIES) have launched a joint study on ship fuel to contribute to the safe operation of machinery on vessels. For this study, MOL and NIES will collaborate to conduct fuel quality analysis

about 4 years ago
California getting new robotic tech lab for marine research tools
Outlook & Strategy

California getting new robotic tech lab for marine research tools

Monterey Bay Aquarium Research Institute (MBARI) is constructing a robotic technology lab in Moss Landing, California, that will provide the space needed for the critical assembly, integration, and testing of new equipment before deployment into the ocean. The 31,900-square-foot Instrumentation Inte

about 4 years ago
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