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Market Outlooks

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Navios Partners
Market Outlooks

Navios Partners wraps up Navios Containers acquisition

Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers.

about 5 years ago
Meyer Werft
Market Outlooks

Meyer Werft wins rare cruise ship order from Japan

Japanese cruise shipping company NYK Cruises, part of the NYK Group, has ordered an LNG-powered 51,950 GT cruise ship from German shipbuilder Meyer Werft.

about 5 years ago
International Seaways
Market Outlooks

International Seaways, Diamond S create 2nd largest US-listed tanker company

New York-based tanker company International Seaways (INSW) has decided to merge with Greenwich-based energy shipping company Diamond S Shipping.

about 5 years ago
Illustration (Courtesy of DNV)
Market Outlooks

DNV rolls out world’s first guideline for floating solar power plants

DNV, the independent energy expert and assurance provider, has published the world’s first recommended practice for floating solar power projects following a collaborative joint industry project involving 24 industry participants.

about 5 years ago
Seaspan
Market Outlooks

Seaspan orders 15,500 TEU scrubber-fitted boxship sextet

Seaspan Corporation, part of Atlas Corp., has entered into an agreement with an unnamed shipyard for the construction of six 15,500 TEU containerships.

about 5 years ago
Photo of the construction support vessel (CSV) Southern Ocean (Courtesy of Oceanteam)
Market Outlooks

Oceanteam to sell Southern Ocean vessel. Plans merger with PASSER

Oceanteam has entered into a memorandum of agreement for the sale of the CSV Southern Ocean, announcing also a potential merger with PASSER Group to target high-growth offshore renewable energy market.

about 5 years ago
EU fleets
Market Outlooks

Can European fleets be made greener?

Although inland navigation, short sea shipping and river-sea shipping are already CO2-efficient, there is still potential to make the European fleets greener.

about 5 years ago
TECO 2030
Market Outlooks

TECO 2030 moves forward with marine fuel cell development

Norwegian engineering and equipment development company TECO 2030 ASA said it has completed the feasibility and concept study for marine fuel cells together with its Austrian partner AVL List GmbH.

about 5 years ago
Photo of Nova Innovation's Eunice tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

New 2030 sub-target in revised directive can keep Europe at the cutting-edge of renewable energy innovation

A new sub-target in the revised Renewable Energy Directive for the deployment of innovative technologies is all it would take for Europe to reclaim its competitive edge in renewables.

about 5 years ago
Saga Pure
Market Outlooks

Saga Pure acquires stake in liquid hydrogen storage tech firm

Saga Pure ASA, a Norwegian company that recently switched its focus from shipping to renewables, has committed to subscribe for NOK 30 million ($3.5 million) in a private placement of new shares in IC Technologies AS (ICT).

about 5 years ago
A technician on top of an offshore wind turbine
Market Outlooks

Almost 70,000 people will work in UK’s offshore wind sector by 2026

The number of people working in the rapidly expanding offshore wind industry in the UK is projected to increase to 69,848 by 2026, with the private sector expected to invest GBP 60.8 billion (approx. EUR 70.5 billion) in developing, constructing and operating offshore wind farms over the next five y

about 5 years ago
Wilhelmsen
Market Outlooks

Norwegian maritime player Wilhelmsen shifts focus to renewables

Norwegian maritime industry group has embarked on a major organisation redesign project in an effort to increase focus on renewable energy and decarbonisation.

about 5 years ago
Mariner field in the UK North Sea
Market Outlooks

UK pledges not to leave oil & gas workers behind as landmark North Sea transition deal is agreed

The UK gov’t has pledged that oil & gas workers and the supply chain will not be left behind in transition to low carbon future as North Sea Transition Deal is agreed.

about 5 years ago
A jack-up drilling rig
Market Outlooks

Offshore drilling set for two consecutive years of growth, Rystad says

After a challenging 2020, oil and gas demand recovery – supported by vaccinations and OPEC+ cuts – is proving good for drilling activity, Rystad said.

about 5 years ago
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