Outlook & Strategy
MERC: Could antifouling paints be holding the key to green shipping?
Shipping companies looking to cut fuel costs and reduce emissions are increasingly turning to silicone-based antifouling paints, but their application challenges and varying real-world performance demand careful consideration, a new report says. In its new report titled “An Overview of Silicone-Base
New taskforce enters subsea scene to enhance cable performance for offshore wind
Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s £9.2 billion (around $11,3 billion) underwater sector, has publish
Four giant oil & gas projects line up for start-up in 2025 offshore Norway with more on the cards
Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to exceed 400,000 barrels of oil equivalent per day (kboepd).
Scotland eyes almost $10B marine energy boost by 2050
Scotland’s tidal stream and wave energy sector could generate over £8 billion (almost $10 billion) in economic benefits and create more than 15,000 jobs by 2050 if the country retains its leadership position in the field, University of Edinburgh’s (UoE) new report reveals. Published by the UoE and c
SwitcH2 nearing final design of floating ammonia project with new investor onboard
Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.
Call for Interest for H2Med hydrogen corridor delivers positive results, TSOs say
A Call for Interest in the H2Med project – the first European major hydrogen corridor – has delivered “strong outcomes” and confirmed H2Med’s role in achieving Europe’s decarbonization and deindustrialization objectives, the project promoters revealed.
HelioRec and partners launch EU-backed project to advance floating solar tech
French offshore solar start-up HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union and Région Pays de la Loire through the Clean Energy Transition Partnership (CETPartnership). According to HelioRec, the STEWAR
Van Oord’s 10-year-old cable layer sports Damen’s emission reduction technology
Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi
Spanish Avalon to invest €8 billion in hydrogen and derivatives projects
Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locations distributed between the provinces of Jaén, Huelva, Cádiz and Málaga.
Offshore installation activities begin to connect Sicily to Sardinia and Italian peninsula
Italian cabling company Prysmian Group has kicked off the offshore installation activities for an interconnector that will link Sicily to Sardinia and to the Italian peninsula. The €3.7 billion Tyrrhenian Link, developed by Italy’s transmission system operator (TSO) Terna, will connect Sicily with S
PLOCAN joins Net-Zero Mar Alliance to boost maritime decarbonization
The Oceanic Platform of the Canary Islands (PLOCAN) has joined the Net-Zero Mar Alliance, an initiative aimed at accelerating the decarbonization of the maritime and port sectors.
GTT-COSCO collab sets out to strengthen LNG, ethane shipping sector
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
UK: Consent granted for Immingham green energy terminal
The Immingham Green Energy Terminal (IGET), a proposed multi-user liquid bulk green energy terminal located in the Port of Immingham, has received development consent from the UK’s Secretary of State for Transport, marking “a big milestone” for the country’s energy transition.
Dutch cable recovery vessel starts sailing
Holland Shipyard Group has delivered a cable recovery vessel to compatriot shipping company Hudig & Veder which will be chartered to retrieve and recycle subsea cables. The cable recovery vessel Maasvliet is the first of five CIP3800 vessels that will be delivered for Hudig & Veder, with the first t