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Outlook & Strategy

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NatPower
Outlook & Strategy

Wah Kwong NatPower JV, SPG join forces on shore power, ship charging projects

Wah Kwong NatPower Holdings Limited (WK NatPower), a new joint venture between Hong Kong-based shipowner Wah Kwong and the UK-based clean energy enabler NatPower Marine, and Shandong Port Group (SPG), a Chinese state-owned port company, have signed a strategic memorandum of understanding (MOU) to de

about 1 year ago
WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Outlook & Strategy

WATCH: First of four Sea1 offshore energy support vessels enters construction

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The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago
UECC
Outlook & Strategy

Renault joins UECC’s initiative to cut emissions through bioLNG use

French automobile manufacturer Renault Group has signed up to participate in United European Car Carriers’ (UECC) Sail for Change fuel-switching program, making it the fifth automotive manufacturer to join the pioneering initiative that has seen major reductions in emissions through bunkering of liq

about 1 year ago
Second recent win in APAC: DOF to deliver moorings hook-up services
Outlook & Strategy

Second recent win in APAC: DOF to deliver moorings hook-up services

Norwegian vessel owner DOF Group has secured a new contract in the Asia Pacific region (APAC), this time for moorings hook-up services. The scope covers DOF’s full suite of in-house project management, engineering, procurement and logistics support services and will see Skandi Hercules used for rela

about 1 year ago
LR forges alliance with H2C to propel maritime decarbonization
Outlook & Strategy

LR forges alliance with H2C to propel maritime decarbonization

UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

about 1 year ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Outlook & Strategy

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 1 year ago
FSRU Hoegh Galleon; Source: Höegh LNG
Outlook & Strategy

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 1 year ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Outlook & Strategy

NKT named preferred bidder for UK’s subsea green electricity superhighway

Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 1 year ago
Floating solar at Hollandse Kust Noord endures first North Sea storm
Outlook & Strategy

‘World’s first’ offshore solar farm within wind farm shows resilience to strong winds

Nymphaea Aurora, described as the “world’s first” offshore solar farm within a wind farm, has endured its first strong winds of 70 km/h without damage, Dutch offshore solar company Oceans of Energy said. “Good morning, Nymphae Aurora withstood its first strong winds (70 km/hr) of the last 24 hours v

about 1 year ago
Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028
Outlook & Strategy

Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028

Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp

about 1 year ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Outlook & Strategy

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 1 year ago
Panama
Outlook & Strategy

Panama burning the midnight oil for national maritime decarbonization plan

Panama is moving full steam ahead with the development of a national plan to decarbonize its maritime sector, the Panama Maritime Authority (PMA) said.

about 1 year ago
Hellenic Cables to link Corfu island to Greek mainland
Outlook & Strategy

Hellenic Cables to link Corfu island to Greek mainland

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) has awarded Hellenic Cables with a contract for the delivery of a cable system that will link the island of Corfu with the mainland. IPTO announced a couple of days ago that it was investing over €61 million to f

about 1 year ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd picks Shell bio-LNG for its green containership fleet

German container shipping major Hapag-Lloyd and the Netherlands-based marine fuel supplier Shell Western LNG, an indirect subsidiary of Shell, have signed a multi-year agreement for the supply of liquefied biomethane.

about 1 year ago