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Market Outlooks

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A test device supporting research for modular, wave-powered desalination systems (Courtesy of U.S DOE/Photo by Coastal Studies Institute)
Market Outlooks

United States makes concrete plans to boost marine energy by 2030

The U.S. Department of Energy (DOE) has outlined research priorities for marine energy through to 2030 in its first multi-year program plan for the sector.

about 4 years ago
VesselsValue: Ukraine crisis not the biggest problem for seaborne LNG market
Market Outlooks

VesselsValue: Ukraine crisis not the biggest problem for seaborne LNG market

Maritime industry market intelligence provider VesselsValue says the Ukraine crisis distracts from bigger trends in the seaborne LNG market.

about 4 years ago
UK
Market Outlooks

UK securing shipbuilding future with $5 billion investment

The UK government is planning to invest £4 billion (approximately $5.3 billion) in the country’s regional shipbuilding industry as it prepares to publish refreshed National Shipbuilding Strategy (NSbS).

about 4 years ago
U.S. Energy Secretary, Jennifer Granholm
Market Outlooks

U.S. Energy Secretary cuts to the chase and urges oil & gas companies to produce more

U.S. Energy Secretary Jennifer Granholm has urged the oil and gas companies to increase their oil and gas production to stabilise the market.

about 4 years ago
Illustration/Mocean Energy’s Blue X in operation at EMEC (Photo by Colin Keldie)
Market Outlooks

Ocean energy back on track, OEE statistics show

Ocean energy deployments are back to pre-pandemic levels, with Europe installing over ten times as much tidal energy capacity and three times as much wave energy compared to 2020, according to a new report released by Ocean Energy Europe (OEE).

about 4 years ago
Illustration/Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Market Outlooks

IEA-OES: Sustained innovation and cross-border collaboration marks 2021 for ocean energy

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2021 in its newly released annual report.

about 4 years ago
Hapag-Lloyd
Market Outlooks

Hapag-Lloyd buys container liner business of Africa specialist DAL

German container shipping company Hapag-Lloyd has decided to acquire the container liner business of compatriot carrier Deutsche Afrika-Linien (DAL).

about 4 years ago
GTT:Ukraine-Russian situation could affect its LNG tank orders
Market Outlooks

GTT: Ukraine-Russian situation could affect LNG tank orders

GTT said the execution of certain contracts is at risk, mainly LNG carriers for Arctic projects, due to Russia’s invasion of Ukraine.

about 4 years ago
Tidewater
Market Outlooks

Tidewater creating ‘industry’s largest fleet of OSVs’ by taking over Singapore operator

U.S. operator Tidewater is taking over Singapore’s Swire Pacific Offshore to create “the world’s leading offshore support vessel operator.”

about 4 years ago
Meyer
Market Outlooks

Shipbuilder Meyer Group steps into floating solutions business

Germany’s Meyer Group, a shipbuilding consortium comprising three shipyards in Europe, has joined forces with Admares Marine, a Finnish floating real estate company, to form a joint venture.

about 4 years ago
European Commission President, Ursula von der Leyen - EU outlines actions to eliminate dependence on Russian fossil fuels
Market Outlooks

EU outlines actions to eliminate dependence on Russian fossil fuels

The European Commission has proposed an outline of a plan, which is supposed to make Europe independent from Russian fossil fuels.

about 4 years ago
Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030
Market Outlooks

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago
Integrated tidal energy and hydrogen production solution (Courtesy of ITEG project)
Market Outlooks

ITEG checks public pulse on tidal energy and hydrogen

The ITEG (Integrating Tidal Energy into the Grid) project has launched a study into the social acceptance of tidal energy and hydrogen technologies.

about 4 years ago
Illustration/Tidal energy turbine by French company Sabella, member of OEE (Courtesy of Sabella)
Market Outlooks

Ocean Energy Europe backs push for 45% renewables target and greater energy diversity

Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.

about 4 years ago
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