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Market Outlooks

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Conceptual ocean energy marketplace (Courtesy of AOEG)
Market Outlooks

Australia introduces integrated ocean energy marketplace

The Australian Ocean Energy Group (AOEG) has unveiled plans to establish the world’s first integrated ocean energy marketplace in an effort to accelerate the adoption of wave and tidal energy in the county, and showcase the ability of ocean energy to integrate with other renewables.

about 4 years ago
Illustration/Deployment of HydroQuest tidal energy turbine (Courtesy of HydroQuest)
Market Outlooks

Qair partners up with Bretagne Ocean Power for tidal energy, green hydrogen and floating wind

French independent renewable energy producer Qair has signed a partnership agreement with business accelerator for marine renewable energy Bretagne Ocean Power to jointly contribute to the deployment of floating offshore wind, renewable hydrogen and tidal stream energy in the French region of Britta

about 4 years ago
carbon-neutrality; Uniper eyes hydrogen supplies from Middle East
Market Outlooks

Uniper eyes hydrogen supplies from Middle East

Germany’s energy company Uniper wants to buy hydrogen from Middle East producers in order to achieve carbon-neutrality by 2035 for its European operations.

about 4 years ago
Maersk
Market Outlooks

Maersk offloads container manufacturer for $987.3M

Danish container logistics giant A.P. Moller – Maersk has decided to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC).

about 4 years ago
Illustration (Courtesy of James Fisher)
Market Outlooks

Mojo Maritime rebrands to James Fisher Renouvelables

French renewable energy services provider Mojo Maritime has announced plans to rebrand to James Fisher Renouvelables to offer full portfolio of services and capabilities to marine renewable energy projects in France.

about 4 years ago
Photo showing the technology license agreement signing (Courtesy of Ocean Sun)
Market Outlooks

Ocean Sun inks first floating solar deal in China

Norwegian floating solar specialist Ocean Sun has signed an agreement to license its proprietary floating solar technology to the developer Sunneng Technology for the construction of a 1MWp pilot in China’s Province of Shandong.

about 4 years ago
Stena Line
Market Outlooks

Stena Line: 2 new E-Flexers to join Baltic Sea fleet in 2022

Swedish ferry company Stena Line revealed plans to deploy its two new 240-meter-long fuel-efficient E-Flexer ferries on the Nynäshamn (Sweden) – Ventspils (Latvia) next year.

about 4 years ago
Jack-up rig with electrolyser
Market Outlooks

In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future

This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

about 4 years ago
Samskip
Market Outlooks

Samskip acquires Sea Connect to expand Baltic Sea footprint

Dutch transport group Samskip has decided to acquire Lithuanian shortsea specialist Sea Connect, broadening its Baltic operations.

about 4 years ago
Meyer Group
Market Outlooks

Meyer Group steps into green mega yacht market

German shipbuilder Meyer Group has decided to enter a new market segment — at the Monaco Yacht Show, the company will for the first time show a mega yacht concept powered entirely by fuel cells and batteries.

about 4 years ago
Global-seismic-vessel-fleet-at-pre-Covid-level-as-energy-transition-jobs-ramp-up
Market Outlooks

Global seismic vessel fleet at pre-Covid level as energy transition jobs ramp up

Seismic vessel utilization has recovered to pre-Covid-19 levels in the third quarter of 2021, with about 68% of the global fleet now surveying or underway, according to a recent report by Rystad Energy. The seismic industry took a hit by the Covid-19 pandemic for several quarters, keeping nearly hal

about 4 years ago
A Borssele III & IV wind turbine close up with the Blauwwind logo visible and the wind farm in the background
Market Outlooks

Shell gauging offshore wind opportunities in Brazil

Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, Offshore Energy – Offshore Wind contacted the company to find out if offshore wind was part of its wind power plans in the country.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

Maersk Tankers’ technical management unit has new owner

Synergy Marine Pte. Ltd., a subsidiary of Singapore-based ship manager Synergy Group, has signed an agreement to take over Maersk Tankers’ technical management business.

about 4 years ago
Asian spot LNG prices reach seasonal record
Market Outlooks

Asian spot LNG prices reach seasonal record

Asian spot LNG prices rose to their highest recorded seasonal level due to European customers competing for limited supply, Reuters reported last week.

about 4 years ago
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