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Market Outlooks

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MariApps
Market Outlooks

MariApps becomes majority owner of OnboarD

Singapore-based digital technology company MariApps Marine Solutions (MariApps), part of Schulte Group, has entered into a definitive agreement to acquire OnboarD, a US provider of software solutions for the global cruise industry.

about 4 years ago
Photo of Emma Whettall (Courtesy of UHI)
Market Outlooks

UHI researcher finds 33 West Scotland sites fit for small-scale tidal energy schemes

The first of the Scottish-based Bryden Centre students to achieve a PhD, Emma Whettall, has identified 33 sites along Scotland’s west coast suitable for development of small-scale tidal energy generation projects.

about 4 years ago
Floating mWave can be co-located or integrated with floating wind turbines (Courtesy of Bombora Wave Power)
Market Outlooks

Bombora secures MOL investment to advance wave power technology

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has invested in Bombora Wave Power, cementing their wave energy partnership formed a year ago.

about 4 years ago
HYON
Market Outlooks

HYON raises fresh funds to develop maritime hydrogen bunkering business

HYON AS, a Norway-based provider of zero-emission maritime hydrogen bunkering solutions, has announced the successful completion of a private placement of NOK 50 million ($5.6 million), valuing the company at NOK 130 million.

about 4 years ago
A photo of the Nanpeng Offshore Wind Farm in China
Market Outlooks

Six key offshore wind themes to watch in 2022 – Westwood

The following is a guest post by Westwood Global Energy Group’s Senior Analysts Michelle Gomez, Bahzad Ayoub and Ruth Chen. The offshore wind sector had another record-breaking year in 2021. Some 18.6 GW of capacity was put into operation – the industry’s highest level of annual capacity additions.

about 4 years ago
Agreement signing ceremony with AltaSea and Eco Wave Power at the Port of Los Angeles (Courtesy of Eco Wave Power)
Market Outlooks

Eco Wave Power formalizes deal with AltaSea for wave power pilot in U.S.

Eco Wave Power has entered into collaboration with AltaSea at the Port of Los Angeles for the development of a grid-connected wave energy pilot in the United States.

about 4 years ago
SGMF covers safe bunkering of LNG guidelines
Market Outlooks

SGMF covers safe LNG bunkering guidelines

UK-based NGO Society for Gas as a Marine Fuel (SGMF) has covered all aspects related to LNG bunkering in its publication with detailed guidelines.

about 4 years ago
Hafnia
Market Outlooks

Hafnia mulls acquisition of 12 Scorpio tankers

Singapore-based tanker owner and operator Hafnia is in advanced negotiations with Monaco-based counterpart Scorpio Tankers regarding the acquisition by Hafnia of 12 long-range 1 (LR1) tankers.

about 4 years ago
ExxonMobil last year used the Noble Tom Madden drillship for drilling off Guyana
Market Outlooks

Frontier exploration drilling in 2021 fell to the lowest level ever recorded by Westwood

Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.

about 4 years ago
Offshore floating renewables a ‘gamechanger’ for island energy transitions, study finds
Market Outlooks

Offshore floating renewables a ‘gamechanger’ for island energy transitions, study finds

Novel renewable energy technologies, such as offshore floating solar and wave power, in combination with e-fuels are able to secure the energy supply of island countries, according to a research which analysed the energy transition of the Maldives to 100% renewable-based energy system.

about 4 years ago
ExxonMobil
Market Outlooks

ExxonMobil joins pledge for net-zero in oil & gas operations by 2050

ExxonMobil has revealed its ambition to achieve net-zero greenhouse gas emissions for operated assets by 2050.

about 4 years ago
Danaos
Market Outlooks

Danaos charters 11, offloads 2 boxships

Greek shipowner Danaos Corporation has entered into new charter arrangements for eleven of its vessels as well as into an agreement to sell two boxships.

about 4 years ago
NYK
Market Outlooks

NYK, Knutsen form new company for LCO2 transportation

Japanese shipping major NYK and Norway’s Knutsen Group have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide.

about 4 years ago
MPC Capital
Market Outlooks

MPC Capital orders green methanol-ready boxships

Hamburg-based asset and investment manager MPC Capital, together with partners, has ordered four container vessels at Korean shipyard Hanjin Heavy Industries.

about 4 years ago
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