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Outlook & Strategy

New Dutch-made cable maintenance vessel under construction

The Netherlands-based shipbuilder and designer Neptune Marine has commenced construction of a new cable maintenance vessel. The vessel named Altera will be 100 meters long and will be used for offshore cable maintenance work and offshore support services. According to Neptune Marine, it will be capa

about 1 year ago

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new managing director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal

Outlook & Strategy

EMEC appoints new leadership team

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing Director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal energy converters advances its clean energy initiatives. EMEC’s leadership revamp also sees Mark Ham

about 1 year ago

Outlook & Strategy

K Line renames UK subsidiary to bolster energy transition efforts

Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name of its London-based wholly-owned subsidiary K Line LNG Shipping (UK) Limited in a bid to strengthen its energy transition endeavors in Europe. According to the company, its British branch is set to go under the na

about 1 year ago

Outlook & Strategy

Port of Tyne invests in UK’s first fully electric foiling pilot vessel

UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”.

about 1 year ago

Outlook & Strategy

Havila’s 20-year-old subsea vessel gets contract extension in Brazil

Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea vessel Havila Harmony with Brazilian company OceanPact. Founded in 2007 in Rio de Janeiro, OceanPact offers services for the study, protection, monitoring and sustainable use of the sea, the coast and

about 1 year ago

Outlook & Strategy

Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain

Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project.

about 1 year ago

Italy targets 1 GW of offshore solar within five years

Outlook & Strategy

Italy could install 1 GW of offshore solar in next five years, report says

Italy could install up to 1 GW of offshore solar capacity in the next five years, enough to supply electricity to around half a million households annually, according to estimates of a new position paper by the Italian Association of Offshore Renewable Energy (AERO). Unveiled by SolarinBlue, the rep

about 1 year ago

Outlook & Strategy

Samsung E&A acquires stake in Nel and signs collaboration agreement

Samsung E&A has acquired a 9.1% stake in Nel ASA for approximately $33 million and signed a strategic partnership agreement.

about 1 year ago

Outlook & Strategy

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

about 1 year ago

Outlook & Strategy

GCL, SEKAVIN partner up on future-ready marine fuel supply

Global Chartering Limited (GCL), a joint venture between Luxembourg-based steelmaker Arcelor Mittal and Greek shipping company DryLog, has formed a strategic partnership with Greece-based bunker supplier SEKAVIN to strengthen marine fuel supply and logistics.

about 1 year ago

Outlook & Strategy

MOL to acquire Dutch tank terminal operator in $1.7B deal

Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, a Dutch tank terminal operator focused on handling and storing chemical cargo in Europe and the US, in a deal worth a whopping $1.7 billion. As disclosed, the deal was signed on March 7, 2025, and is now pe

about 1 year ago

Outlook & Strategy

Hull for Japan-bound hybrid cable lay & construction vessel coming together in Romania (Video)

The aft part of the highly customized hybrid power cable lay and construction vessel that VARD is building for the Japanese offshore wind market has arrived at the company’s Tulcea shipyard where it will be joined with the forward parts of the hull. The Norwegian ship designer and shipbuilder held t

about 1 year ago

Despite Turkish interference: Greece still committed to subsea power link to Cyprus

Outlook & Strategy

Despite Turkish interference: Greece stays committed to subsea power link to Cyprus

Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to

about 1 year ago

Outlook & Strategy

Chantiers de l’Atlantique collaborates with NAPA to flesh out digital shipyard vision

French shipbuilder Chantiers de l’Atlantique has entered a collaborative agreement with Finnish maritime software provider NAPA to enhance the efficiency of its hull design process by co-developing advanced 3D software and digital workflows.

about 1 year ago