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Outlook & Strategy

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DP World inks final deal to develop Banana Port
Outlook & Strategy

DP World inks final deal to develop Banana Port

Logistics provider DP World and the Government of the Democratic Republic of Congo (DRC) have signed the collaboration agreement for the development of the deep-sea port at Banana.

about 4 years ago
Lamprell adds Vestas ex-COO to its board after its non-executive director resigns
Outlook & Strategy

Lamprell adds ex-Vestas COO to its board

Lamprell has appointed a former COO of Vestas as an independent non-executive director after its current one tendered his resignation.

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about 4 years ago
Lamprell
Outlook & Strategy

New CEO to head Lamprell and Injazat digital joint venture

Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams.

about 4 years ago
ICS urges WTO to prioritise maritime transport in multilateral trade talks
Outlook & Strategy

ICS urges WTO to prioritise maritime transport in multilateral trade talks

Ahead of the upcoming World Trade Organisation (WTO) meetings, the International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations.

about 4 years ago
Shipping's
Outlook & Strategy

Shipping’s decarbonization – Words without actions in COP26 aftermath

Despite encouraging steps taken to decarbonize the international shipping sector at COP26 Climate Summit in Glasgow, governments failed to translate words into actions during climate talks at the International Maritime Organization (IMO) last week.

about 4 years ago
AD Ports-Turkish wealth fund alliance targets logistics projects
Outlook & Strategy

AD Ports-Turkish wealth fund alliance targets logistics projects

Abu Dhabi Ports (AD Ports) has signed a strategic partnership agreement with Turkey’s sovereign wealth fund Türkiye Varlık Fonu (TVF) to collaborate on major investment projects within Turkey.

about 4 years ago
IMO
Outlook & Strategy

IMO MEPC77 fails to revise current GHG target for 2050

The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.

about 4 years ago
Offshore wind, green hydrogen ‘nice-to-haves’ for oil & gas majors as hydrocarbon production moves towards its peak – Westwood
Outlook & Strategy

Offshore wind, green hydrogen ‘nice-to-haves’ for oil & gas majors as hydrocarbon production moves towards its peak – Westwood

While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o

about 4 years ago
Asyad Group seeks private partners for port expansion
Outlook & Strategy

Asyad Group seeks private partners for port expansion

Logistics provider Asyad Group has issued a request for expression of interest (REOI) to local and international private firms looking to enter joint engagements and cooperate to develop the infrastructure and operations of Suwaiq Port in Al Batinah North, Oman.

about 4 years ago
IMO MEPC 77 to test govts’ decarbonisation commitments
Outlook & Strategy

IMO MEPC 77 to test govts’ decarbonisation commitments

This week, 174 governments will meet at the International Maritime Organization (IMO) in London to discuss the pressing carbon emission reduction challenges in the shipping industry.

about 4 years ago
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
Outlook & Strategy

In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.

about 4 years ago
Maritime
Outlook & Strategy

Maritime trade growth to slow down in coming years, UNCTAD predicts

Annual growth in maritime trade between 2022 and 2026 will slow to 2.4%, compared to 2.9% over the past two decades, a new UNCTAD report predicts.

about 4 years ago
Energy trio join in on reporting on GHG-neutral LNG cargoes method
Outlook & Strategy

Energy trio join in on reporting on GHG-neutral LNG cargoes method

Singapore-based Pavilion Energy, state-owned QatarEnergy, and U.S. oil major Chevron have jointly published a reporting methodology to produce a statement of GHG emissions for delivered LNG cargoes.

about 4 years ago
Offshore wind cable market to grow six-fold this decade – RenewableUK
Outlook & Strategy

Offshore wind cable market to grow six-fold this decade – RenewableUK

The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to th

about 4 years ago