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Outlook & Strategy

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Thomas Koniordos, CEO, Yara Marine Technologies
Outlook & Strategy

Yara moves into fuel optimization business with Lean Marine takeover

Norwegian exhaust gas production firm Yara Marine Technologies has acquired Lean Marine, a company specializing in automated fuel-saving and performance management solutions for vessels. The move is in line with the company’s expansion plans beyond scrubbers, a market that took a major plunge during

about 5 years ago
CFO of Pieridae Energy resignes
Outlook & Strategy

CFO of Pieridae Energy resigns

Rob Dargewitcz has resigned as a chief financial officer (CFO) of Canadian LNG project developer Pieridae Energy.

about 5 years ago
Carnarvon
Outlook & Strategy

Carnarvon Petroleum joins ‘net-zero by 2050’ club

Australian oil exploration company Carnarvon Petroleum has decided to become a net-zero emissions energy business by 2050 if not earlier.

about 5 years ago
Photo showing Minesto's DG100 system operating in Faroe Islands (Courtesy of Minesto)
Outlook & Strategy

DNV verifies Minesto’s power curve as upgraded tidal kite reaches new heights

Swedish marine energy developer Minesto has improved power production performance through upgrades and modifications of its DG100 tidal kite system, as key aspects of test operations and electricity production get third-party verified by DNV.

about 5 years ago
Tallink
Outlook & Strategy

Two more Tallink ships switch to shore power

Since 1 July, Tallink Grupp’s vessels Silja Europa and Baltic Queen have switched to using shore power at the Port of Tallinn’s Old City Harbour during their port stays.

about 5 years ago
Illustration/Apollo’s PALM connector (Courtesy of Apollo Offshore Engineering)
Outlook & Strategy

WES splashes £1.8M on quick connection systems for wave energy

Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.

about 5 years ago
Photo showing Lir NOTF – Deep Ocean Basin, a testing facility within MaRINET2 network (Courtesy of MaRINET2)
Outlook & Strategy

MaRINET2 rolls out free course on environmental data collection at MRE sites

The EU-backed MaRINET2 project has set up a short course for the offshore renewable energy sector to explore methods for environmental data collection at marine renewable energy (MRE) sites.

about 5 years ago
Illustration/Wave energy device deployed of the coast of Basque Country (Courtesy of EVE)
Outlook & Strategy

EuropeWave launches wave energy concept development tender

The €20 million EuropeWave project has invited wave energy developers to apply for funding via its innovative pre-commercial procurement (PCP) programme.

about 5 years ago
Global Maritime Forum elects new CEO
Outlook & Strategy

Global Maritime Forum elects new CEO

The international not-for-profit organization Global Maritime Forum (GMF) has appointed Johannah Christensen as the new chief executive officer (CEO) and expanded the organization’s executive management team.

about 5 years ago
L to R: Tocardo's tidal turbines; C-Power's SeaRAY device (Courtesy of Tocardo; C-Power)
Outlook & Strategy

Tocardo, C-Power secure spots on COP26 cleantech investment programme

Dutch tidal energy company Tocardo and U.S.-based marine energy developer C-Power have made it to the Greenbackers Investment Capital’s final list of technology start-ups to take part in an innovative six-month international investment programme.

about 5 years ago
KfW
Outlook & Strategy

KfW IPEX-Bank supports Hapag-Lloyd’s LNG-powered ULCV project with green loan

German container shipping major Hapag-Lloyd has secured from compatriot KfW IPEX-Bank its second green loan within six months aimed at financing the construction of six LNG-powered ultra large container vessels (ULCVs).

about 5 years ago
Methanol powered vessel
Outlook & Strategy

Drewry bullish on methanol’s role in decarbonizing shipping

UK-based shipping consultancy Drewry expects half of the vessels ordered after 2025 to have dual-fuel engines, with a large percentage using methanol as marine fuel. Methanol is viewed as a good replacement for traditional marine fuels due to its potential to reduce GHG emissions since it doesn’t co

about 5 years ago
chemical tanker
Outlook & Strategy

Aurora, GSB Tankers set up chemical tanker partnership

Aurora Tankers, a wholly-owned subsidiary of IMC Industrial Group (IMC), has joined forces with Golden Stena Baycrest Tankers (GSB) to manage and operate stainless steel tankers.

about 5 years ago
scrubber
Outlook & Strategy

Alfa Laval, NMRI capture CO2 with scrubbers

Swedish company Alfa Laval has managed to capture CO2 in a recent trial performed in cooperation with Japan’s National Maritime Research Institute (NMRI) using exhaust gas cleaning technology. Initiated by NMRI, the CO2 capture testing project was designed to provide real-world validation of results

about 5 years ago
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