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Outlook & Strategy

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Technavio: Increase in LNG supply to drive LNG bunkering market growth
Outlook & Strategy

Technavio: Increase in LNG supply to drive LNG bunkering market growth

Global technology research company Technavio foresees the LNG bunkering market size to grow by $755.39 million due to an increase in the sup

about 4 years ago
L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)
Outlook & Strategy

UK tidal energy experts call for more support from government

One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.

about 4 years ago
PIL opens new centre for maritime efficiency to cut carbon footprint
Outlook & Strategy

PIL opens new centre for maritime efficiency to cut carbon footprint

Singapore-based shipping company Pacific International Lines (PIL) has opened a new Centre for Maritime Efficiency (CME) to enhance its operational efficiency as part of the commitment to lowering its carbon footprint. According to PIL, the key role of the new centre is to enable the company to grow

about 4 years ago
Floating solar park with offshore wind farm (Courtesy of RWE)
Outlook & Strategy

RWE and SolarDuck partner up to commercialize offshore floating solar. Plans laid for integration with offshore wind

RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.

about 4 years ago
methanol
Outlook & Strategy

Video: Methanol has immediate benefits to support shipping’s green transition

A new video has been released by Methanol Institute (MI) and Fastwater, highlighting the benefits of methanol as a marine fuel for small craft operating in ports and inshore waters.

about 4 years ago
UK player increasing its stake offshore Angola
Outlook & Strategy

UK player increasing its stake offshore Angola

Afentra plc has inked a deal with Croatia’s INA-Industrija Nafte to acquire the latter’s interests in two blocks offshore Angola.

about 4 years ago
Cerulean reveals 6 GW floating offshore wind bid under INTOG leasing round
Outlook & Strategy

Cerulean reveals 6 GW floating offshore wind bid under INTOG leasing round

Green energy infrastructure developer Cerulean Winds has revealed it will bid for four seabed lease sites with a combined capacity of 6 GW of floating wind to decarbonise the UK’s oil and gas sector under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. This scale w

about 4 years ago
Expleo rolls out e-methanol fuel solution for ships
Outlook & Strategy

Expleo rolls out e-methanol fuel solution for ships

Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop e-methanol fuel solution for shipping that is said to deliver a 92% reduction in greenhouse gas (GHG) emissions and OPEX savings of £1.4 million (around $1.6 million) a year, per vessel. The compan

about 4 years ago
San Francisco: Zero-emission ferry network in the making
Outlook & Strategy

San Francisco: Zero-emission ferry network in the making

The San Francisco Bay Area Water Emergency Transportation Authority (WETA), a regional public transit agency, has secured a $14.9 million grant from the California State Transportation Agency (CalSTA) to develop a high-frequency battery-electric ferry network in San Francisco. The grant will be used

about 4 years ago
Ocean Yield
Outlook & Strategy

Ocean Yield opts for another methanol-ready boxship

Norwegian shipowning company Ocean Yield AS is buying another methanol-ready boxship newbuilding for long-term charter.

about 4 years ago
Carnival
Outlook & Strategy

Carnival on track to meet sustainability targets for 2030

Carnival Corporation, the world’s largest cruise company, is on track to meet its sustainability targets for 2030 while increasing initiatives to support its aspirations for 2050, its sustainability report for 2021 shows.

about 4 years ago
Red alert for EU: How can Europe prevent a major gas crunch?
Outlook & Strategy

Red alert for EU: How can Europe prevent a major gas crunch?

Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.

about 4 years ago
Gulf of Mexico: 1 million gallons of oil collected from 18-year-old spill over past three years
Outlook & Strategy

Gulf of Mexico: 1 million gallons of oil collected from 18-year-old spill over past three years

The U.S. Coast Guard has contained and collected over one million gallons of oil discharged from wells connected to a toppled platform.

about 4 years ago
First construction permits in place for Prysmian's Massachusetts subsea cable factory
Outlook & Strategy

Prysmian secures first construction permits for Massachusetts subsea cable factory

Prysmian has received the first layer of approval of the construction permits for the development of its new subsea cable plant in Brayton Point, Massachusetts, which will service the U.S. offshore wind sector. Construction is planned to start in the summer of 2023 and to take two years. With a $200

about 4 years ago
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