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Outlook & Strategy

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Clean FuelEnergy Efficiency & InnovationGreen MarineLNGPropulsionBusiness Developments & ProjectsEnvironmentInfrastructureRegulation & PolicyTransitionVesselsFloating SolarMarine EnergyCollaborationEquipmentInnovationOperations & MaintenanceTechnologyFossil EnergyOil & GasBusiness & FinanceCarbon Capture Usage & StorageResearch & DevelopmentVisionFPSO & VesselsHydrogenOffshore WindAuthorities & GovernmentExploration & ProductionMarket OutlooksProject & TendersRules & RegulationAmmoniaTidal & Wave EnergyPorts & Logistics
SNG
Outlook & Strategy

World’s first use of SNG in commercial shipping cuts GHG emissions

A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.

about 4 years ago
Illustration/The first 500kWp floating solar unit installed in Albania (Courtesy of Statkraft)
Outlook & Strategy

Albania’s 500kWp floating solar plant restarts commercial operation

The first floater of the Banja floating solar project, developed by Statkraft and Ocean Sun, has restarted its commercial operation following an incident last summer.

about 4 years ago
Solstad completes its divestment programme by offloading six more vessels
Outlook & Strategy

Solstad completes its divestment campaign after offloading six more vessels

Solstad Offshore has sold additional six vessels in a bid to reduce its debt by successfully completing its divestment strategy.

about 4 years ago
EverLoNG
Outlook & Strategy

EverLoNG ship-based carbon capture project wins EU funding

A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.

about 4 years ago
The Bay du Nord FPSO development concept - Equinor - Canada
Outlook & Strategy

Canada caught between a rock and a hard place as decision on giant new oil project draws near

The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.

about 4 years ago
Chevron comes on board Global Centre for Maritime Decarbonisation
Outlook & Strategy

Chevron comes on board Global Centre for Maritime Decarbonisation

Integrated energy company Chevron has entered into an agreement to join the Global Centre for Maritime Decarbonisation (GCMD) and help support the centre’s efforts to develop potentially scalable lower carbon technologies.

about 4 years ago
Russia’s war on Ukraine will not thwart or hinder Europe’s energy transition, DNV says
Outlook & Strategy

Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says

DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.

about 4 years ago
Singapore: Industry partners to study ammonia bunkering safety, promote fuel supply base
Outlook & Strategy

Singapore: Industry partners to study ammonia bunkering safety, promote fuel supply base

Japenese ITOCHU Corporation has launched the joint study framework (JSF) for ammonia bunkering safety and signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to jointly promote the development of an ammonia fuel supply base in Singapore.

about 4 years ago
Schottel
Outlook & Strategy

Schottel becomes complete system supplier for electrical, green propulsion with new acquisition

German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration.

about 4 years ago
IEEFA: Not the time for emerging Asian markets to build new LNG import terminals
Outlook & Strategy

IEEFA: Not the time for emerging Asian markets to build new LNG import terminals

IEEFA says that the Ukrainian crisis impacts on energy markets may stop emerging markets in Asia from securing imported LNG supplies.

about 4 years ago
Sustainable Marine’s PLAT-I floating tidal platform (Courtesy of Sustainable Marine)
Outlook & Strategy

Canadian-German collaboration delivers stronger tidal turbine blades

Sustainable Marine has recorded a first major milestone in the Canadian-German EvoFoil project after completing extreme load testing on a new tidal turbine blade, designed to withstand some of the most challenging tidal environments in the world.

about 4 years ago
ammonia
Outlook & Strategy

MPA, K Line join study on ammonia as marine fuel in Singapore

MPA and K Line will participate in the feasibility study jointly conducted since March 2021 by the SABRE consortium with the aim to establish a ship-to-ship based ammonia bunkering in the Port of Singapore, the largest bunkering port in the world.

about 4 years ago
Maritime, miners industry team up for Australia-East Asia iron ore green corridor
Outlook & Strategy

Maritime, miners industry team up for Australia-East Asia iron ore green corridor

A consortium, led by the Global Maritime Forum, is planning to assess the development of an iron ore green corridor between Australia and East Asia in an effort to decarbonise the maritime sector.

about 4 years ago
Port of Rotterdam
Outlook & Strategy

Chariot, Port of Rotterdam ink green hydrogen import MOU

Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.

about 4 years ago
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