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Outlook & Strategy

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APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam
Outlook & Strategy

APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam

APM Terminals, an independent entity of Danish shipping giant A. P. Moller – Maersk, and Vietnam’s Hateco Group have celebrated the grand opening of the new terminal in Haiphong, Vietnam.

about 1 year ago
'Offshore industry's first’ vessel geometry assurance software comes to market
Outlook & Strategy

‘Offshore industry’s first’ vessel geometry assurance software comes to market

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UK energy solutions provider OEG Energy Group has unveiled what it says is the offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard vessels and subsea vehicles to feature calibration software. GEOBASE provides an independent res

about 1 year ago
OCP and Maersk ally on sustainable supply chain solutions
Outlook & Strategy

OCP and Maersk ally on sustainable supply chain solutions

Morocco-based OCP Group, through its Specialty Products & Solutions (SPS) strategic business unit, and Danish shipping giant A.P. Moller – Maersk have signed a memorandum of understanding (MoU) to strengthen their long-standing collaboration and jointly advance sustainable supply chain solutions.

about 1 year ago
NKT's power cable factory expansion named EU's first net-zero strategic project
Outlook & Strategy

NKT’s power cable factory expansion named EU’s first net-zero strategic project

NKT’s expansion of its high-voltage submarine power cable factory in Karlskrona, Sweden, has been recognized as the first European net-zero strategic project under the EU Net-Zero Industry Act, providing it with a national priority status for accelerated administrative treatment and faster permittin

about 1 year ago
Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines
Outlook & Strategy

Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines

Wärtsilä will invest €50 million in expanding its R&D center in Vaasa, aiming to meet the growing demand for sustainable technologies and alternative fuels in maritime and energy sectors.

about 1 year ago
Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds
Outlook & Strategy

Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds

The European Union (EU) has set a target to increase the consumption of green hydrogen to 20 million tons (Mt) by 2030.

about 1 year ago
CMA CGM
Outlook & Strategy

CMA CGM to transform shipping, logistics activities through generative AI

French container shipping and logistics major CMA CGM has unveiled a five-year strategic partnership with compatriot artificial intelligence startup Mistral AI.

about 1 year ago
French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities.
Outlook & Strategy

Setec expands marine engineering reach with Sealand Projects acquisition

French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities. According to Setec, the acquisition expands the company’s service offering in the marine renewables sector and enhances its presence in the

about 1 year ago
Clean Industrial Deal
Outlook & Strategy

EU, EIB and KfW to back renewable hydrogen projects in Chile with up to €216.5M

The European Commission, the European Investment Bank (EIB), KfW Development Bank (KfW), Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy have signed agreements to support Chile’s renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform fo

about 1 year ago
Illustration; Source: Novatek
Outlook & Strategy

Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr

about 1 year ago
WATCH: First of three Agalas subsea vessels launches in Türkiye
Outlook & Strategy

WATCH: First of three Agalas subsea vessels launches in Türkiye

A new 100-meter-long cable laying support vessel (CLSV) being built at the Sefine Shipyard for Norwegian Agalas and Cecon Contracting has been launched in Türkiye. Agalas reported yesterday, April 3, that the first of its three subsea vessels had been launched in Türkiye, with a few intense months a

about 1 year ago
VARD building 121-meter Taiwan-bound subsea construction vessel
Outlook & Strategy

VARD building 121-meter Taiwan-bound subsea construction vessel

Norway’s VARD has signed a €113.5 million contract with Taiwan-based Dong Fang Offshore (DFO) to design and build an offshore subsea construction vessel that will be dedicated to performing work in the offshore wind and telecom sectors, with the contract also including options. The 121.3-meter-long

about 1 year ago
Crantz steps down as Argeo’s CEO, interim appointed
Outlook & Strategy

Crantz steps down as Argeo’s CEO, interim appointed

Norwegian subsea services provider Argeo has appointed an interim chief executive officer (CEO) as the current CEO Trond F. Crantz has stepped down from the role. Argeo’s Board of Directors yesterday, April 3, appointed Jan P. Grimnes to serve as interim CEO of the company following the decision tha

about 1 year ago
UK and Australia forge alliance to drive subsea growth in both hemispheres
Outlook & Strategy

UK and Australia forge alliance to drive subsea growth in both hemispheres

UK’s trade and development body for the underwater industry Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA), a membership organization of companies in the Australian subsea industry, have signed a memorandum of understanding (MoU) to foster innovation, collaboration and gr

about 1 year ago