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Outlook & Strategy

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Illustration/Floating solar power plant (Courtesy of BayWa r.e.)
Outlook & Strategy

German partners build 3MWp floating solar plant

German renewable energy company BayWa r.e. is finalizing construction of a 3MWp floating solar plant for the compatriot company Quarzwerke which is looking to further reduce its carbon footprint.

about 4 years ago
Maersk
Outlook & Strategy

Maersk posts record earnings, further expands logistics portfolio

Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.

about 4 years ago
US trade association taking action against Gulf of Mexico oil & gas lease sale ruling
Outlook & Strategy

API taking action against Gulf of Mexico oil & gas lease sale ruling

The American Petroleum Institute appeals the ruling, which invalidated the results of last year’s Gulf of Mexico oil and gas lease sale.

about 4 years ago
Illustration/Earlier version of StingRAY device (Courtesy of C-Power)
Outlook & Strategy

C-Power gets investors backing for ocean energy and data solutions

U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.

about 4 years ago
Wight Shipyard
Outlook & Strategy

Wight Shipyard to merge with OCEA

Britain’s aluminium shipbuilder, The Wight Shipyard Co., has unveiled an all-share merger with the complementary French shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities.

about 4 years ago
Isle of Man Ship Registry discounts fees for green ships
Outlook & Strategy

Isle of Man Ship Registry discounts fees for green ships

The Isle of Man Ship Registry (IOMSR) is set to become the world’s first flag state to incentivise ship owners by offering a new green discount on registration fees for ships deploying green technology.

about 4 years ago
BP CEO Bernard Looney
Outlook & Strategy

BP sees profit surge while working to ‘accelerate greening’

BP saw its profit surge in the last quarter of 2021 as a result of higher oil and gas prices, refining margins, and stronger trading results.

about 4 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd to deploy first dual-fuel 23,500+ TEU ships in 2023

German container shipping company Hapag-Lloyd plans to deploy the first of its twelve new 23,500+ TEU vessels in 2023, Lutz-Michael Dyck, Senior Director Strategic Asset Projects at Hapag-Lloyd, confirmed.

about 4 years ago
Triangle on the lookout for interim CEO as current one steps down
Outlook & Strategy

Triangle on the lookout for interim CEO as current one steps down

Triangle Energy is searching for a potential interim chief executive officer (CEO) after the current one decided to resign from the position.

about 4 years ago
biofuel bunkering
Outlook & Strategy

Unifeeder bunkers VARO’s renewable biofuel in ‘major decarbonisation move’

Short-sea operator Unifeeder Group has bunkered its first sustainable 100% biofuel from oil refiner and supplier VARO Energy in the Port of Rotterdam as part of the collaboration targeting reduced carbon footprint of the shipping industry.

about 4 years ago
Eco firms up Azinam acquisition and drilling programme
Outlook & Strategy

Eco advances Azinam deal as drilling plans take shape

Eco Atlantic is one step closer to finalising its 2022 drilling plans and completing the acquisition of Azinam Group and its asset portfolio.

about 4 years ago
Concordia Maritime
Outlook & Strategy

New study to explore converting tanker to containership

Swedish tanker shipping company Concordia Maritime has launched a technical design study on the conversion of a tanker to a container vessel.

about 4 years ago
Ingine
Outlook & Strategy

Ingine eyes global expansion through international projects in 2022

South Korean wave energy developer Ingine is preparing for its tenth anniversary with intentions for further global expansion and new projects to accelerate commercialisation as part of the growth plans for 2022.

about 4 years ago
shore power
Outlook & Strategy

UK exploring shore power in ports to speed up green shipping

On 7 February, the UK government launched a call for evidence to gather information on the costs, benefits, vessel emissions and options for increasing the use of shore power in the UK.

about 4 years ago
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