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Outlook & Strategy

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Murphy Oil unveils new CFO as current one prepares to head towards the exit
Outlook & Strategy

Murphy Oil reveals new CFO as current one prepares to exit

Murphy Oil has revealed that its current CFO will be stepping down at the end of June, prompting the company to name a replacement.

about 4 years ago
Maersk
Outlook & Strategy

Maersk secures green fuel supply for 12 methanol-powered boxships

Danish container shipping and logistics giant Maersk has signed several separate deals to secure green fuel supply for its fleet of twelve new methanol-powered vessels.

about 4 years ago
UK
Outlook & Strategy

UK securing shipbuilding future with $5 billion investment

The UK government is planning to invest £4 billion (approximately $5.3 billion) in the country’s regional shipbuilding industry as it prepares to publish refreshed National Shipbuilding Strategy (NSbS).

about 4 years ago
The deployment of C-ADCP device (Courtesy of META)
Outlook & Strategy

Welsh marine energy center proves a smooth ride for tidal testing tool

A novel tidal testing tool has been put through its paces at Marine Energy Test Area (META) in Wales as part of a study to pinpoint the best sites for tidal turbines in the Milford Haven Waterway.

about 4 years ago
Northern Lights
Outlook & Strategy

MAN engines to power Northern Lights’ liquid CO2 carriers

Chinese Dalian Shipbuilding Industry has ordered two ME-GI dual-fuel engines from German MAN Energy Solution for the construction of two liquid CO2 carriers for Northern Lights, the joint venture between energy majors Equinor, Shell and TotalEnergies.

about 4 years ago
Maersk Tankers
Outlook & Strategy

ZeroNorth platform prevents 218,000 tonnes of CO2 ship emissions in 2021

Technology company ZeroNorth — a digital spin-off of Maersk Tankers — has revealed that its platform prevented 218,000 tonnes of CO2 from being emitted into the atmosphere in 2021, at a time when shipping’s emissions as a whole increased by 4.9%.

about 4 years ago
Illustration/Mocean Energy’s Blue X in operation at EMEC (Photo by Colin Keldie)
Outlook & Strategy

Ocean energy back on track, OEE statistics show

Ocean energy deployments are back to pre-pandemic levels, with Europe installing over ten times as much tidal energy capacity and three times as much wave energy compared to 2020, according to a new report released by Ocean Energy Europe (OEE).

about 4 years ago
Illustration/Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

IEA-OES: Sustained innovation and cross-border collaboration marks 2021 for ocean energy

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2021 in its newly released annual report.

about 4 years ago
hydrogen ; NEL ramps up production capacity to meet EU's hydrogen ambistions
Outlook & Strategy

NEL ramps up production capacity to meet EU’s hydrogen ambitions

Norwegian hydrogen company NEL ASA says it will increase its electrolyser production capacity to meet the EU’s raised ambitions for renewable hydrogen.

about 4 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd buys container liner business of Africa specialist DAL

German container shipping company Hapag-Lloyd has decided to acquire the container liner business of compatriot carrier Deutsche Afrika-Linien (DAL).

about 4 years ago
bunker tanker
Outlook & Strategy

Industry partners to deliver Singapore’s first hybrid electric bunker tankers

Industry partners Shif Clean Energy, SeaTech and energy company Vitol have teamed up for a marine electrification project to deliver Singapore’s first hybrid bunker tankers.

about 4 years ago
Maersk-Noble merger
Outlook & Strategy

Noble and Maersk reveal board members for ‘unmatched player in offshore drilling market’

Offshore rig owners Noble Corporation and Maersk Drilling have revealed a board of directors for the new combined company.

about 4 years ago
GTT:Ukraine-Russian situation could affect its LNG tank orders
Outlook & Strategy

GTT: Ukraine-Russian situation could affect LNG tank orders

GTT said the execution of certain contracts is at risk, mainly LNG carriers for Arctic projects, due to Russia’s invasion of Ukraine.

about 4 years ago
Meyer
Outlook & Strategy

Shipbuilder Meyer Group steps into floating solutions business

Germany’s Meyer Group, a shipbuilding consortium comprising three shipyards in Europe, has joined forces with Admares Marine, a Finnish floating real estate company, to form a joint venture.

about 4 years ago
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