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Market Outlooks

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Authorities & GovernmentBusiness Developments & ProjectsCollaborationOutlook & StrategyRegulation & PolicyResearch & DevelopmentTechnologyEnvironmentInnovationTransitionBusiness & FinanceEquipmentOperations & MaintenanceVesselsVision
Photo showing Neil Kermode with Scottish Affairs Committee (Courtesy of EMEC)
Market Outlooks

UK: Members of Parliament embark on marine energy evidence gathering mission

Members of the House of Commons Scottish Affairs Committee have visited the European Marine Energy Centre (EMEC) to gather further evidence on the progress of renewable energy in Scotland.

about 5 years ago
Cape Horn
Market Outlooks

Cape Horn Engineering, EcoClipper team up on wind-powered cargo ship design

The UK-based marine technology consultant Cape Horn Engineering has been selected by Dutch sustainable shipping company EcoClipper to work on the design of the first EcoClipper emission-free sailing cargo ship.

about 5 years ago
Photo showing Eco Wave Power's Gibraltar wave energy plant (Courtesy of Eco Wave Power)
Market Outlooks

Innovate UK backs wave powered micro-grid project for Thailand

Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.

about 5 years ago
The deployment of Sabella's D10 tidal turbine (Courtesy of Sabella)
Market Outlooks

Nova Innovation, Sabella join forces to progress tidal power in UK and France

Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.

about 5 years ago
Saga Pure
Market Outlooks

Saga Pure takes stake in hydrogen company Hyon

Saga Pure, a Norwegian green investment company that recently switched its focus from shipping to renewables, has decided to acquire a stake in Hyon AS, a compatriot hydrogen solutions provider.

about 5 years ago
Visitors boarding the Penguin (Courtesy of EVE)
Market Outlooks

Spanish officials hop on Penguin wave device

Spanish senior energy officials have highlighted wave energy opportunities in the Basque Country region during their visit to Finish developer Wello’s Penguin wave energy device presently moored at the Bilbao Port.

about 5 years ago
Photo showing Seaturns testing 1:10 scale wave energy model at IH Cantabria (Courtesy of Seaturns)
Market Outlooks

French start-up poised to catch the wave to real sea trials

With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.

about 5 years ago
South Africa ‘well placed’ to become green fuel maritime hub
Market Outlooks

South Africa ‘well placed’ to become green fuel maritime hub

South Africa holds an untapped opportunity to supply the global shipping industry with zero carbon fuels, a new report by Ricardo and Environmental Defense Fund reveals.

about 5 years ago
Port of Rotterdam;
Market Outlooks

Waterborne Technology Platform, EC sign partnership on zero-emission transport

The European Commission and the Waterborne Technology Platform signed a Memorandum of Understand (MoU) for a Co-Programmed Partnership under the framework of Horizon Europe. The partnership aims to accelerate the transformation of waterborne transport to eliminate all harmful environmental emissions

about 5 years ago
shipbuilding
Market Outlooks

BIMCO: 2021 to see 3rd lowest level of newbuilding orders in 12 years

2021 is turning out to bring the third-lowest level of newbuilding orders in 12 years, despite new orders for containerships currently at a 14-year high, BIMCO forecasts. The trading world merchant fleet had a capacity of 74,505 ships across 11 main segments covered by the BIMCO ICS Seafarer Workfor

about 5 years ago
Illustration (Courtesy of AqualisBraemar LOC Group)
Market Outlooks

Innosea ramps up floating solar, offshore wind services in the Mediterranean

Marine renewables engineering consultancy Innosea has expanded its footprint with a new office in Marseille that will support the company’s existing portfolio of offshore wind and floating solar projects in the south-east region of France.

about 5 years ago
Photo showing Eco Wave Power Global's Gibraltar wave power plant (Courtesy of EWPG)
Market Outlooks

Eco Wave Power files preliminary prospectus for $9M IPO on U.S. Nasdaq

Swedish-Israeli company Eco Wave Power Global (EWPG) has filed a preliminary prospectus for a contemplated $9 million initial public offering (IPO) of shares for trading on Nasdaq in the United States.

about 5 years ago
Photo showing tidal energy turbines developed by TIGER project partners (Courtesy of TIGER)
Market Outlooks

TIGER working on mass production roadmap for tidal energy sector

EU-backed Tidal Stream Industry Energiser Project (TIGER) is seeking industry feedback to evaluate how tidal energy sector could transition from manufacturing single prototype devices to tens or hundreds of commercial devices per year.

about 5 years ago
containers
Market Outlooks

MPC Container Ships to acquire Songa Container in $210m deal

Norwegian containership owner MPC Container Ships ASA has entered into a share purchase agreement to acquire compatriot Songa Container AS for $210.25 million on a debt and cash-free basis. Upon closing of the deal, Songa’s fleet will comprise 11 container vessels with an average size of 2,250 TEU a

about 5 years ago
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