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Outlook & Strategy

Trafigura partners with ZeroNorth to future-proof its fleet

Multinational commodity trading company Trafigura has entered into a multifaceted strategic alliance with Denmark-based maritime technology company ZeroNorth.

about 1 year ago

Outlook & Strategy

New water assessment study to support green hydrogen production at Port of Pecém

RINA has been selected to conduct a water assessment study aimed at securing industrial water supply for green hydrogen production at the Pecém Industrial and Port Complex (CIPP).

about 1 year ago

Outlook & Strategy

Carnegie aims for stronger European investor ties via DGWA

Australian wave energy developer Carnegie Clean Energy has appointed German investment firm DGWA as its advisor for European financial markets and investor relations. The move aims to leverage Carnegie’s existing dual listing on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges, increasing exp

about 1 year ago

Outlook & Strategy

TGS’ technology chosen to advance digitalization of Northern Light’s operations

Norwegian state-owned energy company Equinor has entered into an agreement with compatriot energy data and intelligence company TGS to advance the digitalization of carbon capture and storage (CCS) operations under which TGS’ technology will be integrated into the Northern Lights CO2 transport and s

about 1 year ago

Minesto receives funding for next-generation mooring system

Outlook & Strategy

Minesto slashes costs, closes Wales office in major reorganization

Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports

about 1 year ago

Argeo halts bankruptcy plans as industry player shows interest

Outlook & Strategy

Bankruptcy plans halted as industrial player takes an interest in Argeo

Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f

about 1 year ago

Outlook & Strategy

European Commission completes hydrogen framework with new low-carbon methodology

The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen.

about 1 year ago

Norwegian Ambassador Anniken Huitfeldt and U.S. Secretary of Energy Chris Wright.

Outlook & Strategy

Norway and US renew hydropower and marine energy research pact

Norway and the U.S. have signed a renewed memorandum of understanding (MoU) covering hydropower and marine energy research, continuing an energy research collaboration that began in 2020. According to the Norwegian Ministry of Energy, the cooperation targets flexible power delivery from hydropower,

about 1 year ago

Outlook & Strategy

HyOrc, Start Lda to develop green methanol plant in Porto

HyOrc Corporation, a Texas-based developer of patented hydrogen combustion and waste-to-fuel technologies, has signed a memorandum of understanding (MOU) with Start Lda, a Portugal-based liquid and gaseous fuels trading company, to develop a 25,000 ton per annum green methanol production facility in

about 1 year ago

Outlook & Strategy

Damen signs contract with South Korea’s Starline for delivery of new fast ferry

Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

about 1 year ago

Outlook & Strategy

Towngas and Vopak forge green methanol partnership

The Hong Kong and China Gas Company (Towngas) has inked a strategic framework cooperation agreement with tank storage company Royal Vopak to expand the green methanol supply chain and support the shipping industry’s low-carbon transition.

about 1 year ago

Outlook & Strategy

Keel laid for Rem Offshore’s second methanol-ready energy subsea construction vessel

Norwegian shipping company Rem Offshore has held the keel-laying ceremony for its second energy subsea construction vessel (ESCV), being built at a shipyard in Vietnam. REM Ocean, for which the steel-cutting ceremony was held in February, will once delivered from Myklebust Verft in 2027 begin operat

about 1 year ago

Tekmar receives order for Middle Eastern pipeline project

Outlook & Strategy

Tekmar receives order for pipeline project in Middle East, seen as key market

UK-headquartered Tekmar Group has secured a contract under which it shall supply bespoke subsea infrastructure technology for a pipeline project in the Middle East. The scope covers the design and manufacture of specialist reinforced concrete support structures for a large-diameter gas pipeline, wit

about 1 year ago

Outlook & Strategy

Anemoi opens new rotor sail production facility in China

Building on existing strategic partnerships and looking to enhance manufacturing capabilities, UK-based wind-assisted propulsion provider Anemoi Marine Technologies has opened its new rotor sail procution facility in China.

about 1 year ago