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Market Outlooks

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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.

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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
Norwegian authorities greenlight Maersk Drilling – Noble merger
Market Outlooks

Two rival players get green light for merger plans

The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

about 4 years ago
Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Market Outlooks

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

13 minutes read
Photo showing PEWEC 2.0 wave energy device during tank trials (Courtesy of ENEA)
Market Outlooks

Revamped PEWEC wave device shaping up as ‘the clean power solution’ for small Mediterranean islands

The new and improved version of PEWEC (Pendulum Wave Energy Converter), being developed by Italy’s national agency ENEA and Polytechnic University of Turin, could prove to be an ideal solution for small and medium-sized islands across the Mediterranean as they transition to net-zero future.

about 4 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Market Outlooks

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

about 4 years ago
NOIA sees Gulf Coast’s potential for global CCUS hub
Market Outlooks

NOIA sees Gulf Coast’s potential for global CCUS hub

NOIA anticipates the Gulf Coast could turn into a global CCUS hub, positioning the emerging U.S. CCUS sector as a top-tier market player.

about 4 years ago
VesselsValue
Market Outlooks

VesselsValue acquires Norway’s shipping analyst

The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.

about 4 years ago
Edvard Grieg platform off Norway - oil & gas
Market Outlooks

Norway nets record-breaking revenues from oil & gas

In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.

about 4 years ago
MSC
Market Outlooks

MSC CEO: Collaboration is key to reaching decarbonization goals

Collaboration is key in order to achieve the aspirational decarbonization goals set out by the shipping industry, according to Soren Toft, CEO of Swiss container shipping major Mediterranean Shipping Company (MSC).

about 4 years ago
Korea maritime researchers name LPG as green alternative ship fuel
Market Outlooks

Korea maritime researchers name LPG as green alternative ship fuel

Korea Maritime & Ocean University researchers identify liquefied petroleum gas (LPG) as a low-cost and eco-friendly alternative to marine propulsion fuels.

about 4 years ago
Wilhelmsen
Market Outlooks

Wilhelmsen Ship Management takes 80% stake in Ahrenkiel Tankers

Singapore-based ship manager Wilhelmsen Ship Management has signed an agreement to acquire a majority stake in Germany’s Ahrenkiel Tankers, strengthening its position in the tanker market.

about 4 years ago
oil & gas
Market Outlooks

Driven by gas and LNG, global oil & gas investments set to rise in 2022, Rystad says

Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.

about 4 years ago