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Outlook & Strategy

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Association Wind Ship
Outlook & Strategy

Steering shipowners towards financing wind-powered vessels: Association Wind Ship, partners release ‘first-ever’ guide

Association Wind Ship, a French association created in 2019 to accelerate the adoption of wind propulsion in commercial shipping, has published its first guide to help shipowners navigate the complexities of financing wind-powered vessels.

about 1 year ago
Nexans to deliver second Malta-Italy interconnector, ten years after the first one
Outlook & Strategy

Nexans to deliver second Malta-Italy interconnector, ten years after the first one

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Nexans has secured a contract with government-owned Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector, a new 225 MW high-voltage alternating current (HVAC) link that will reinforce Malta’s electricity system and ensure a stable and resilient energy supply. Under the contract

about 1 year ago
AYK Energy
Outlook & Strategy

Wasaline eyes further emission reductions with ‘largest battery retrofit’ on hybrid ferry

Finnish shipping company Wasaline has decided to expand the onboard battery capacity of its dual-fuel hybrid ferry Aurora Botnia and further reduce greenhouse gas (GHG) emissions.

about 1 year ago
NKT inks €1B contract with long-term partner for low-carbon aluminium wire rod
Outlook & Strategy

NKT inks €1B contract with long-term partner for low-carbon aluminium wire rod supply

Denmark-headquartered power cable manufacturer and installation company NKT has signed an agreement with Norway’s aluminium and renewable energy company Hydro for the supply of low-carbon aluminium wire rod through to 2033. The two firms have been partners for over 40 years. According to NKT, the ag

about 1 year ago
New partnership to commission 1 MW electrolyzer for hydrogen valley in Sicily
Outlook & Strategy

New partnership to commission 1 MW electrolyzer for hydrogen valley in Sicily

Italian companies Duferco Energia and Ansaldo Green Tech have signed a strategic agreement for the supply and commissioning of a 1 MW electrolyzer, intended for green hydrogen production within the hydrogen valley project in Giammoro, in the province of Messina, Sicily.

about 1 year ago
Sumitomo Electric, Siemens Energy hand over 500 MW Ireland-Great Britain interconnector
Outlook & Strategy

Sumitomo Electric, Siemens Energy hand over 500 MW Ireland-Great Britain interconnector

The consortium of Sumitomo Electric Industries and Siemens Energy has completed the trial operations and handover of the Greenlink interconnector linking the electricity grids of Ireland and Great Britain to its client, Greenlink Interconnector Limited, for operational and commercial use. The 500 MW

about 1 year ago
Carnegie's CETO wave energy converter
Outlook & Strategy

Spanish govt backs Carnegie’s wave energy tech with €1.17M

Carnegie Clean Energy’s wholly owned subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support the construction of the first CETO wave energy technology unit in Europe. According to Carnegie, the funding was awarded through Spain’s

about 1 year ago
Axpo bolsters LNG bunkering business with operations at second Spanish port
Outlook & Strategy

Axpo bolsters LNG bunkering business with operations at second Spanish port

Switzerland-based renewable energy producer Axpo has conducted its first LNG ship-to-ship delivery in the Port of Algeciras in Spain.

about 1 year ago
DEMCON Unmanned Systems carried out inspection tests using one of its uncrewed vessels during a wave energy converter (WEC) trial by The Hague-based Wave Energy Collective (Weco), off the coast of Sch
Outlook & Strategy

DEMCON tests uncrewed inspection methods for wave energy tech off Scheveningen

DEMCON Unmanned Systems has carried out inspection tests using one of its uncrewed vessels during a wave energy converter (WEC) trial by The Hague-based Wave Energy Collective (Weco), off the coast of Scheveningen, the Netherlands. According to DEMCON Unmanned Systems, the demonstration aimed to ass

about 1 year ago
Eni
Outlook & Strategy

UK CCS project enters construction phase with financial close now secured

Italy’s oil & gas giant Eni has reached financial close with the UK Government for a carbon capture and storage (CCS) project in northern England, now free to move to the construction phase. Eni announced today, April 24, that it had reached financial close with the Department of Energy Security and

about 1 year ago
Study confirms ‘great potential’ for future Germany-UK subsea hydrogen pipeline
Outlook & Strategy

Study confirms ‘great potential’ for future Germany-UK subsea hydrogen pipeline

The UK Department for Energy Security and Net Zero (DESNZ) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK) have presented the results of the joint feasibility study on the potential pipeline-based hydrogen trade between the UK and Germany.

about 1 year ago
Stolthaven Terminals and Rönesans Holding unite to develop new terminal in Türkiye
Outlook & Strategy

Stolthaven Terminals and Rönesans Holding unite to develop new terminal in Türkiye

Stolthaven Terminals has partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye.

about 1 year ago
Fugro to conduct surveys for Equinor's stalled $12B oil project off Canada
Outlook & Strategy

Fugro to conduct surveys for Equinor’s stalled $12B oil project off Canada

Dutch geo-data specialist Fugro has won a contract to perform surveys for an oil project located off the coast of Newfoundland and Labrador being developed by Norwegian state-owned energy firm Equinor. In its financial results for the first quarter of 2025, issued today, April 24, Fugro reported tha

about 1 year ago
CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’
Outlook & Strategy

CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’

Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet of more than 250 vessels.

about 1 year ago