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Outlook & Strategy

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HHI
Outlook & Strategy

ABS, HHI, RMI to develop world’s largest LCO2 carrier

A next-generation ultra-large liquefied carbon dioxide (LCO2) carrier is to be developed in a groundbreaking project between classification society ABS, shipbuilder Hyundai Heavy Industries Group (HHI), and maritime registry Republic of the Marshall Islands (RMI) Maritime Administrator.

about 4 years ago
EEL Energy’s latest tidal energy test campaign in the Port of Brest (Courtesy of EEL Energy)
Outlook & Strategy

EEL Energy puts 50kW biomimetic tidal turbine on tryouts in France

French company EEL Energy has tested its commercial-scale 50kW tidal energy turbine in the Port of Brest.

about 4 years ago
Sunlit Sea's floater for offshore solar panels at BTM Scandinavia (Courtesy of Sunlit Sea)
Outlook & Strategy

Sunlit Sea partners up with BTM Scandinavia for solar floaters

Norwegian company Sunlit Sea has teamed up with sheet metal solutions provider BTM Scandinavia to strengthen the floats for its offshore floating solar technology.

about 4 years ago
Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)
Outlook & Strategy

Carnegie delivers ‘step change improvements’ in cost and performance of CETO wave tech

Carnegie Clean Energy has achieved its internal commercial target of reducing CETO wave energy technology’s cost of energy to a level that puts it on the established industry trajectory and reduces timeframe to reach commercialization.

about 4 years ago
Dril-Quip-maps-out-decarbonization-plan
Outlook & Strategy

Dril-Quip maps out decarbonization plan

U.S. manufacturer of drilling and production equipment Dril-Quip has set its decarbonization targets, aiming to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030. Dril-Quip’s decarbonization actions include switching to renewable electricity at certain manufacturing sites, r

about 4 years ago
Berge Bulk
Outlook & Strategy

Berge Bulk, Kongsberg Maritime aim to advance decarbonisation in shipping

Norwegian maritime technology group Kongsberg Maritime (KM) and Singapore-based dry bulk owner Berge Bulk have signed a memorandum of understanding to jointly develop and advance the deployment of decarbonisation technologies onboard dry bulk cargo vessels.

about 4 years ago
MISC appoints new president and group CEO effective October
Outlook & Strategy

MISC appoints new group CEO effective October

Malaysian LNG shipping company will appoint Rajalingam Subramaniam as the group’s president and CEO effective 1 October 2022.

about 4 years ago
KR
Outlook & Strategy

KR, DSME join forces on digitalisation, smart ship tech

Classification society Korean Register (KR) has signed a memorandum of understanding (MOU) with compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), agreeing to work together on increased digitalisation and the development of smart and autonomous ship technology.

about 4 years ago
Illustration/Sabella's tidal turbine (Courtesy of Sabella)
Outlook & Strategy

REPowerEU: Renewables industry calls for ‘bolder action’ on cleantech innovation

Ocean Energy Europe (OEE) has signed a joint letter supporting the objectives of the REPowerEU Plan to phase out Europe’s dependency on fossil fuels faster, calling also for ‘bolder action’ on the accelerated roll-out of renewable energy.

about 4 years ago
Third hybrid RoRo newbuild joins Finnlines’ eco fleet
Outlook & Strategy

Third hybrid RoRo newbuild joins Finnlines’ eco fleet

Finnish shipping company Finnlines has taken delivery of the third and the last of three roll-on/roll-off (RoRo) vessels in the company’s new Eco class. The vessel, named Finneco III, was delivered at the China Merchants Jinling Shipyard (Jiangsu) on 6 June 2022. Finneco III will enter the company’s

about 4 years ago
MEPC 78: IMO urged to kick-start shipping decarbonisation to cut Arctic melt
Outlook & Strategy

MEPC 78: IMO urged to kick-start shipping decarbonisation to cut Arctic melt

The Clean Arctic Alliance has called on the International Maritime Organization (IMO) to take urgent action to curb climate impacts on the Arctic, by delivering meaningful short-term measures that would kick-start dramatic reductions in global greenhouse gas (GHG) and black carbon emissions from shi

about 4 years ago
Thailand’s first CCS project in the works with PTTEP at the helm
Outlook & Strategy

Thai giant pursues development of country’s first carbon capture and storage project

PTTEP is setting the wheels into motion to initiate the country’s first CCS project, in a push to achieve its net-zero GHG emission goals.

about 4 years ago
CMA CGM
Outlook & Strategy

CMA CGM orders its first methanol-powered containerships

French shipping and logistics major CMA CGM has placed its first order for methanol-powered vessels in an effort to expand its energy mix and become carbon neutral by 2050.

about 4 years ago
Australian well comes up empty of commercial hydrocarbons
Outlook & Strategy

SapuraOMV’s Australian well comes up dry

SapuraOMV has found no commercial hydrocarbons after drilling an exploration well located offshore Western Australia.

about 4 years ago
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