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Outlook & Strategy

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Concept for MPS' combined floating offshore wind and wave energy farm (Courtesy of MPS)
Outlook & Strategy

MPS lands £3.5M government grant for floating offshore wind and wave energy tech

UK-based company Marine Power Systems (MPS) has been awarded £3.5 million in grant funding from the UK Government to further develop its floating platform technology and wave energy converter.

about 4 years ago
HelioRec's floating solar pilot in the Port of Oostende (Courtesy of HelioRec)
Outlook & Strategy

HelioRec installs floating solar pilot in Belgian port

French start-up HelioRec has installed a floating solar power plant in the Port of Oostende in Belgium as part of the EU-funded DUAL Ports initiative.

about 4 years ago
Euronav
Outlook & Strategy

Ship demolition: 301 tankers sold for scrap in 2021

2021 saw 704 vessels sold for scrap overall, with a combined deadweight tonnage of 26.4 million and a total scrap value of $2.7 billion, a report released by VesselsValue shows.

about 4 years ago
Industry-gathers-to-reduce-environmental-impact-of-marine-seismic-surveys
Outlook & Strategy

Industry players gather to reduce environmental impact of marine seismic surveys

Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization of sustainable marine vibratory source technology. The industry project builds on the existing technology cooperation between Shearw

about 4 years ago
Høglund
Outlook & Strategy

Høglund systems for ESL Shipping’s electric hybrid coaster fleet

Høglund has been selected to supply hybrid and automation systems to six hybrid bulk vessels, with potential for six more.

about 4 years ago
KCC
Outlook & Strategy

KCC to trial Yara Marine’s add-on propulsion automation system

Norwegian shipping company Klaveness Combination Carriers (KCC) has entered into an agreement with compatriot shipping equipment provider Yara Marine Technologies to install an add-on propulsion automation system aboard two pilot vessels.

about 4 years ago
MOL
Outlook & Strategy

MOL: World’s 1st autonomous sea trial of commercial boxship completed

A Japanese consortium including shipping company Mitsui O.S.K. Lines (MOL) has concluded the world’s first sea trial of unmanned ship operation from port to port as part of the unmanned ship project MEGURI2040 led by The Nippon Foundation.

about 4 years ago
ikkiso Cryogenic appoints new management team member
Outlook & Strategy

Nikkiso Cryogenic appoints new management team member

Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group, a subsidiary of Japan’s Nikkiso, has appointed a new strategic account manager for its Pumps Unit – Americas.

about 4 years ago
EU
Outlook & Strategy

EU Parliament proposes amendments to ETS for maritime

Earlier this month, the European Parliament’s Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading System (ETS) Directive which forms part of the ‘Fit for 55’ package of climate and energy reforms unveiled in July 2021.

about 4 years ago
Vår Energi to launch milestone IPO process
Outlook & Strategy

Vår Energi launching Oslo IPO to maximise growth

Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth.

about 4 years ago
Harvey Gulf upgrading its fleet with ‘groundbreaking’ solution to reduce emissions and enable net-zero ops
Outlook & Strategy

Harvey Gulf upgrading fleet with ‘groundbreaking’ solution to cut emissions

Harvey Gulf has inked a deal with SailPlan to optimise its fleet with the latter’s emission optimisation platform to reduce emissions.

about 4 years ago
L to R: Inna Bravermann – CEO of Eco Wave Power, and Robert J. Karabinchak (Courtesy of Eco Wave Power)
Outlook & Strategy

New wave energy legislation on the horizon for New Jersey

New Jersey Assemblyman Robert J. Karabinchak has unveiled plans to introduce a new legislation initiative that would include wave energy in New Jersey’s Energy Master Plan.

about 4 years ago
Avenir LNG adds to board
Outlook & Strategy

Avenir LNG adds to board

UK-based small-scale LNG company Avenir LNG says that Carlo Ravizza of Höegh Capital Partners has joined its board of directors.

about 4 years ago
FORCE tidal energy sites (Screenshot/3D animation by 3D Wave Design)
Outlook & Strategy

FORCE tidal energy sites available for all to explore in new 3D animation

Tidal energy sites of the Fundy Ocean Research Centre for Energy (FORCE) in Canada have been made available for exploration with the 3D animation created by 3D Wave Design.

about 4 years ago
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