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Outlook & Strategy

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REG, Bunker Holding partner up to advance biodiesel use in shipping industry
Outlook & Strategy

REG, Bunker Holding partner up to advance biodiesel use in shipping industry

Renewable Energy Group (REG), a producer and supplier of renewable fuels, has entered into a strategic global collaboration agreement with Bunker Holding Group, a supplier and trader of marine fuels, to further develop the U.S. and EU marine markets for sustainable bio-based diesel.

about 4 years ago
POLB
Outlook & Strategy

More than $150M in demo projects support Port of Long Beach’s zero-emission push

More than $150 million in zero-emissions demonstration projects at Port of Long Beach (POLB) container terminals are helping to nurture zero-emissions technology, according to Heather Tomley, the port’s Managing Director of Planning and Environmental Affairs.

about 4 years ago
ADNOC Drilling
Outlook & Strategy

ADNOC dishes out drilling deals worth nearly $2 bln for thousands of new wells

UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.

about 4 years ago
Subsea storage
Outlook & Strategy

Industry players team up for subsea storage solutions

NOV, a provider of technology solutions, has signed an agreement with a group of energy players in a joint industry project (JIP) to work on an economical subsea storage solution for the market.

about 4 years ago
GTT finishes 2021 with 68 orders for LNG carriers
Outlook & Strategy

GTT wraps up 2021 with 68 LNG carrier orders

French LNG containment specialist Gaztransport & Technigaz (GTT) reports solid earnings at high-end of annual targets for 2021, with 68 LNG carrier orders, amongst others.

about 4 years ago
Illustration Courtesy of PSU)
Outlook & Strategy

U.S. researchers gearing up to test electromagnetic wave energy device

Supported by the U.S. Department of Energy (DOE) funding, the researchers at Portland State University (PSU) are preparing to test and validate a new type of electromagnetic device that turns ocean waves into a source of renewable energy.

about 4 years ago
seaports
Outlook & Strategy

Germany’s 9 largest seaports call for new ideas to cut ship emissions

EU’s proposal to expand shore power is not the right strategy to obtain a sustainable reduction in emissions by shipping, German seaports believe.

about 4 years ago
ABS: Hydrogen and CC support critical for energy transition
Outlook & Strategy

ABS: Hydrogen and CC support critical for energy transition

The CEO of the classification society American Bureau of Shipping (ABS) says government support is crucial if hydrogen and carbon capture are to deliver net-zero.

about 4 years ago
Reach Subsea
Outlook & Strategy

Wilhelmsen buys into Reach Subsea to scale up remote subsea ops

Norwegian maritime group Wilhelmsen has acquired a 21% stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept.

about 4 years ago
Seaspan
Outlook & Strategy

Seaspan inks new loan to align ships’ carbon intensity with IMO 2050 goal

BMO Financial Group, acting as lead sustainability structuring coordinator in a syndicate of Canadian, U.S. and European banks, has announced a financing deal with Hong Kong-based containership owner and operator Seaspan.

about 4 years ago
RINA
Outlook & Strategy

RINA OKs 1st MR tanker to exceed IMO 2050 targets using fossil fuels

Classification society RINA has granted approval in principle (AiP) to a hydrogen-powered MR tanker design developed by Swedish designer FKAB Marine Design.

about 4 years ago
Noble Bob Douglas drillship
Outlook & Strategy

Noble counts on meaningful growth ahead as rigs secure more work

Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.

about 4 years ago
Grimaldi
Outlook & Strategy

Ships to become ‘vacuum cleaners’ for seas with Grimaldi & Wärtsilä

Finnish technology group Wärtsilä and Italian shipowner Grimaldi Group have unveiled a new system that uses exhaust gas scrubber washwater to tackle the amount of microplastics in the world’s oceans.

about 4 years ago
Aker Carbon Capture & Northern Lights
Outlook & Strategy

Full value-chain offering from Aker and Northern Lights to speed up CCS deployment

Aker Carbon Capture has joined forces with Northern Lights JV to work on accelerating the CCS market through full value-chain offerings.

about 4 years ago
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