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Outlook & Strategy

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Fincantieri
Outlook & Strategy

Fincantieri, Eni and RINA: New study dives into maritime’s future fuel mix

Italy’s energy company Eni, compatriot shipbuilder Fincantieri, and classification society RINA have unveiled a new study that aims to contribute to accelerating the decarbonization of the maritime transport sector, in line with the net zero target for 2050.

about 1 year ago
Kongsberg Maritime to equip DOF’s next-gen offshore support vessel
Outlook & Strategy

Kongsberg Maritime to equip DOF’s next-gen offshore support vessel

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Kongsberg Maritime has secured a contract to deliver an integrated package of equipment for a new offshore support vessel (OSV) that Polish shipbuilder CRIST S.A. is constructing for Norwegian vessel owner DOF Group. Designed by MMC Ship Design, the 110-meter long DP3 ice-class vessel named Sea Drag

about 1 year ago
CorPower Ocean has entered a development agreement with UK-based industrial technology company Equipmake to advance its wave energy technology
Outlook & Strategy

CorPower Ocean taps Equipmake for wave energy system upgrade

Swedish wave energy developer CorPower Ocean has signed a development agreement with UK-based industrial technology company Equipmake to advance its wave energy technology with a custom generator and silicon carbide (SiC) inverter system. According to CorPower Ocean, the collaboration marks the init

about 1 year ago
A.P. Moller Holding wants to take Svitzer private again
Outlook & Strategy

A.P. Moller Holding wants to take Svitzer private again

Danish investment company A.P. Moller Holding, the largest shareholder in towage services provider Svitzer, has decided to buy out all of the latter’s shares, moving it from a public company to a private one. A.P. Moller Holding has, through its wholly owned subsidiary APMH Invest, unveiled a recomm

about 1 year ago
SRC looking to expand global reach with new partner on board
Outlook & Strategy

SRC looking to expand global reach with new partner on board

Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.

about 1 year ago
Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)
Outlook & Strategy

Orkney’s marine renewables campus moves to HIE ownership

Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o

about 1 year ago
shipping
Outlook & Strategy

MBF, ZESTAS join forces to accelerate zero-emission shipping

The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have signed a memorandum of understanding (MOU) to formalize their collaboration in advancing zero-emission shipping technologies.

about 1 year ago
An LNG terminal
Outlook & Strategy

MET Group appoints new head to oversee LNG growth

Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.

about 1 year ago
Development and operation plan handed in for Northern Lights expansion
Outlook & Strategy

Development and operation plan handed in for Northern Lights expansion

Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de

about 1 year ago
Europe unlikely to meet its 2030 hydrogen production targets, report says
Outlook & Strategy

Europe unlikely to meet its 2030 hydrogen production targets, report says

Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy f

about 1 year ago
UK firm picks its first international franchisee for fully autonomous USV charter fleet
Outlook & Strategy

UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago
Day rate contracts in South America and Africa come along to Argeo vessels
Outlook & Strategy

Day rate contracts in South America and Africa come along to Argeo vessels

Norwegian subsea services provider Argeo has signed new contracts under which its two vessels will be deployed offshore South America and Africa on oil & gas projects. The contracts will see Argeo Searcher perform autonomous underwater vehicle (AUV) survey work in South America and Argeo Venture AUV

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Outlook & Strategy

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today
Outlook & Strategy

EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi

about 1 year ago