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Outlook & Strategy

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Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Outlook & Strategy

Eco Wave Power adds Vistra Energy board member to its advisory board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr

about 1 year ago
Corvus Energy expands its presence in China
Outlook & Strategy

Corvus Energy expands its presence in China

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Norway-based energy storage company Corvus Energy has opened a new office in Shanghai, China, to support the shipowners, shipyards, integrators, as well as other partners involved in the country’s shipbuilding industry.

about 1 year ago
SITC
Outlook & Strategy

Twelve partners to demonstrate full DC grid concept on real vessel

The UK’s University of Birmingham scientists are joining experts from across Europe in a €10.2 million project to create a working prototype ship powered by full direct current (DC) electrical systems.

about 1 year ago
IKM Group to employ up to 70 persons as part of contract for Norway's PRSI Pool
Outlook & Strategy

IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offsh

about 1 year ago
An offshore rig and a vessel
Outlook & Strategy

Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position

Norway-headquartered offshore drilling contractor Dolphin Drilling has promoted its interim Chief Executive Officer (CEO) to a permanent role and appointed a new Chief Executive Officer (CFO).

about 1 year ago
MPA Singapore
Outlook & Strategy

MPA Singapore and Wärtsilä renew maritime decarbonization partnership

The Maritime and Port Authority of Singapore (MPA) and Finland’s technology major Wärtsilä have renewed their partnership to accelerate maritime decarbonization and digitalization.

about 1 year ago
Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026
Outlook & Strategy

Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026

According to Intermodal, it is expected that the LNG bunkering market is poised for substantial expansion in the coming years,

about 1 year ago
DMEC-led accelerator program opens first support call for offshore energy innovations
Outlook & Strategy

DMEC-led accelerator program opens first support call for offshore energy innovations

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched the first support call for offshore energy innovations. The initiative aims to support innovative companies in the North Sea region by accelerating their growth and enhancin

about 1 year ago
Spanish subsea services provider enhances two vessels with upgrades
Outlook & Strategy

Two upgraded Spanish vessels back at work

Spanish maritime survey and ROV services operator ACSM has put its 25-year-old offshore support vessel (OSV) Nautilus back to service after a couple of months of upgrade work. The 73-meter-long vessel completed its upgrading phase at the shipyard Viana do Castelo in Spain, after which it spent a few

about 1 year ago
With phase 1 fully booked, Northern Lights partners take €662M FID for second phase
Outlook & Strategy

With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago
KOBC
Outlook & Strategy

Success or downfall on the horizon: Maritime decarbonization is standing at the crossroads

The upcoming International Maritime Organization’s (IMO) climate talks are set to decide the fate of the maritime sector’s decarbonization, which is a prerequisite for decarbonizing the global economy as a whole.

about 1 year ago
Odfjell Drilling exec trades CFO role for new position at the company
Outlook & Strategy

Odfjell Drilling exec trades CFO role for new position at the company

The Chief Financial Officer (CFO) of offshore drilling contractor Odfjell Drilling is slated to replace his CFO position with another finance-related role at the company.

about 1 year ago
Danish wave energy technology company Exowave is entering a crucial phase in developing its wave energy technology. The power take-off (PTO) system is set for wet testing in the coming weeks.
Outlook & Strategy

Danish wave energy firm gears up for final PTO testing

Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected

about 1 year ago
Port of Antwerp-Bruges
Outlook & Strategy

Port of Antwerp-Bruges, MPA Singapore team up on maritime digitalization, decarbonization

Belgium’s Port of Antwerp-Bruges and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MOU) to collaborate on maritime decarbonization and digitalization.

about 1 year ago