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Outlook & Strategy

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ACWA Power strengthens US clean energy ties with $500 million in new deals
Outlook & Strategy

ACWA Power strengthens US clean energy ties with $500 million in new deals

ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.

about 1 year ago
C40 Cities
Outlook & Strategy

LNG dual-fuel vessels offer faster payback than methanol and ammonia, says SEA-LNG

Investments in LNG dual-fuel vessels offer shipowners a shorter payback period than methanol, ammonia, or VLSFO, a new analysis from industry coalition SEA-LNG has found.

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about 1 year ago
Rendering of Louisiana LNG terminal
Outlook & Strategy

Aramco eyes joining Woodside’s recently okayed US LNG project

Australia’s energy giant Woodside Energy has signed a non-binding collaboration agreement with Saudi Arabia’s energy heavyweight Aramco to explore global opportunities.

about 1 year ago
DP World and Asian Terminals’ $100M investment expands Manila South Harbor’s capacity
Outlook & Strategy

DP World and Asian Terminals’ $100M investment expands Manila South Harbor’s capacity

UAE-based logistics group DP World and Philippine port operator, developer, and investor Asian Terminals have invested approximately $100 million into the capacity expansion of the Manila South Harbor (MSH), the Philippines’ international trade gateway.

about 1 year ago
OECD
Outlook & Strategy

OECD: Ocean economy sustains more than 100 million jobs

Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows.

about 1 year ago
Shipping emissions can drop over 95% by 2050 with policy support, report says
Outlook & Strategy

Shipping emissions can drop over 95% by 2050 with policy support, report says

International shipping can reach zero or very near zero tank-to-wake (TTW) CO2 emissions by 2050, and achieve 95%+ reductions in well-to-wake (WTW) greenhouse gas (GHG) emissions from 2018 levels, in scenarios aligned to a 1.5°C global temperature goal, according to a report from ERM, UMAS and UCL,

about 1 year ago
Vitol rolls out FuelEU Maritime-compliant co-processed VLSFO
Outlook & Strategy

Vitol rolls out FuelEU Maritime-compliant co-processed VLSFO

Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has launched new FuelEU-compliant co-processed bunkering fuel.

about 1 year ago
DP World tests hydrogen fuel cell RTG crane at Port of Vancouver
Outlook & Strategy

DP World tests hydrogen fuel cell RTG crane at Port of Vancouver

UAE-based logistics group DP World has completed initial testing of its hydrogen fuel cell rubber-tired gantry (RTG) crane at the Port of Vancouver, marking a milestone in decarbonizing its port operations.

about 1 year ago
PETRODIVE has relaunched its saturation diving operations in Central Africa following a period of technical upgrades and investment.
Outlook & Strategy

PETRODIVE to resume saturation diving ops in Central Africa

UAE-headquartered diving company PETRODIVE has relaunched its saturation diving operations in Central Africa following a period of technical upgrades and investment. According to PETRODIVE, the move is part of the company’s broader expansion efforts and includes the deployment of a certified saturat

about 1 year ago
Emirates Shipping Line comes onboard World Shipping Council
Outlook & Strategy

Emirates Shipping Line comes onboard World Shipping Council

The World Shipping Council (WSC), the voice of the liner shipping industry, has welcomed UAE-based Emirates Shipping Line (ESL) as its newest member.

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
Noatum Marine
Outlook & Strategy

Noatum Maritime embraces zero-emission harbor ops with all-electric vessels

The UAE-based maritime services provider Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has acquired the region’s first all-electric hydrofoiling pilot boat.

about 1 year ago
NYK and partners name first of twelve LNG carriers built for QatarEnergy
Outlook & Strategy

NYK and partners name first of twelve LNG carriers built for QatarEnergy

A joint venture comprising NYK, Kawasaki Kisen Kaisha (K Line), MISC Berhad, and China LNG Shipping (Holdings) Limited (CLNG) has held a naming ceremony for a new LNG carrier built for QatarEnergy.

about 1 year ago
‘World’s first’ liquid hydrogen corridor to link Oman, the Netherlands and Germany
Outlook & Strategy

‘World’s first’ liquid hydrogen corridor to link Oman, the Netherlands and Germany

A joint development agreement (JDA) has been signed to establish the “world’s first” liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.

about 1 year ago