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Outlook & Strategy

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MSC
Outlook & Strategy

World’s largest ocean carrier MSC signs UN Sustainable Ocean Principles

Swiss Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, has joined over 150 stakeholders in signing on to the UN Global Compact Sustainable Ocean Principles.

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Outlook & Strategy

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
TGS acquires compatriot asset management provider
Outlook & Strategy

TGS acquires compatriot asset management provider

Norwegian seismic player TGS has acquired Prediktor, a compatriot provider of asset management and real-time data management solutions to renewable and energy asset owners. Based in Fredrikstad, with 40 employees, Prediktor currently supports 7 GW of renewable energy assets, mainly PV solar, with a

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Outlook & Strategy

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago
net zero
Outlook & Strategy

Study: Only 35% of major shipping companies pledged to become net zero by 2050

Only 33 out of 94 (35%) of the world’s major shipping companies have a clearly expressed target to be net zero by latest 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to the 2008 level, a new study shows.

about 4 years ago
Vår Energi enters strategic supplier partnership for upcoming subsea projects
Outlook & Strategy

Vår Energi enters strategic supplier partnership for upcoming subsea projects

Vår Energi has entered into a strategic partnership agreement with Aker Solutions, Havfram and Saipem for the delivery of subsea production systems for all upcoming subsea projects for the next five years. As disclosed, the partnership covers the fabrication, delivery, and installation of subsea pro

about 4 years ago
Shell joining Equinor’s deepwater Gulf of Mexico project as operator
Outlook & Strategy

Shell joining Equinor’s deepwater Gulf of Mexico project as operator

Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.

about 4 years ago
Floating solar farm (Courtesy of Skyfri)
Outlook & Strategy

Skyfri bags contract for floating solar project in India

Bharat Heavy Electricals Limited (BHEL) has awarded an asset operations contract to Norway-based cleantech company Skyfri for its floating solar project in Kerala, India.

about 4 years ago
Following upgrades, world’s first hybrid-electric anchor handler completes sea trials
Outlook & Strategy

World’s first hybrid-electric anchor handler completes sea trials

Maersk Supply Service’s AHTS vessel, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Outlook & Strategy

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Outlook & Strategy

Wavepiston targets €2M through equity issue

Danish company Wavepiston has launched a capital raise, seeking €2 million to advance its wave energy technology to the next level.

about 4 years ago
NYK
Outlook & Strategy

NYK 1st Japanese company to join UN’s Sustainable Ocean Principles

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become a signatory to the UN Global Compact Sustainable Ocean Principles.

about 4 years ago
clean ammonia
Outlook & Strategy

Japanese trio demonstrates clean ammonia supply chain linking UAE and Japan

Japanese companies INPEX Corporation, IHI Corporation and Mitsui O.S.K. Lines (MOL) have demonstrated a clean ammonia supply chain linking the United Arab Emirates (UAE) and Japan.

about 4 years ago
MeyGen turbine ahead of installation (Courtesy of SIMEC Atlantis Energy)
Outlook & Strategy

SIMEC Atlantis posts €86 million loss for ‘challenging’ 2021

Tidal energy company SIMEC Atlantis Energy has widen its losses for 2021, driven by the discontinuation of a power station conversion project and operational difficulties experienced at the MeyGen tidal energy project during the year.

about 4 years ago
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