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Market Outlooks

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With right moves, Kenya to unlock competitive e-fuels production for maritime sector
Market Outlooks

With right moves, Kenya to unlock competitive e-fuels production for maritime sector

Owing to abundant wind, solar, and geothermal resources, Kenya is poised to establish competitive production of e-fuels, with the potential to supply domestic and international maritime demand, a new report by the Global Maritime Forum (GMF) highlighted.

about 10 months ago
Illustration; Source: ADNOC Gas
Market Outlooks

$250M investment in sight as ADNOC Gas secures global index spot

The shares of ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), are set to be included in the international equity index FTSE Emerging Index, which is part of the FTSE Russell Global Equity Index Series (GEIS).

about 10 months ago
Global Ethanol Association launches with initial program targeting marine sector
Market Outlooks

Global Ethanol Association launches with initial program targeting marine sector

The Global Ethanol Association (GEA) has officially launched as an independent, non-profit international organization headquartered in Switzerland, with its first program targeting the marine fuel sector.

about 10 months ago
Port
Market Outlooks

ABS: Advanced battery technologies could support alternative fuels, reduce fuel costs

The latest advances in battery technologies have the potential to not only support direct electrification and the integration of alternative fuels but also offer pathways to enhance operational efficiency and reduce fuel costs, according to the latest analysis from classification society American Bu

about 10 months ago
Yara
Market Outlooks

Hydrogen associations team up to drive uptake of hydrogen value chains

Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.

about 10 months ago
Illustration; Credit: Morten Berentsen/NOD
Market Outlooks

Stepping up oil & gas game key for Norway to stave off ‘steep’ drop in production

As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.

about 11 months ago
Illustration; Source: Rystad Energy
Market Outlooks

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

about 11 months ago
UK
Market Outlooks

The era of oil in maritime is ending, UK government’s forecasts show

The UK’s Department for Transport has published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, roll-on/roll-off (RoRo) and container shipping surge.

about 11 months ago
Enviros Group Expands Middle East Operations with New Offices in UAE
Market Outlooks

Enviros Group Expands Middle East Operations with New Offices in UAE

Forging a stronger presence at the heart of the Middle East Written by Enviros Group Enviros Group (Enviros) has strengthened its presence in the Middle East with the opening of three new offices in the United Arab Emirates; two in Abu Dhabi and one in Dubai. The move marks a significant step forwar

about 11 months ago
Cerberus
Market Outlooks

Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus, KDB to help revitalize US maritime capabilities

South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime.

about 11 months ago
GCMD
Market Outlooks

GCMD: Tracer solutions could combat fraud and support large-scale adoption of marine biofuels

Biofuel tracers—physical or digital tools that verify and track the supply chain of this sustainable fuel—can be incorporated into existing supply chain practices without disrupting operations or compromising the quality of biofuels, while fighting the possibility of fraud within this landscape. Thi

about 11 months ago
Key Insights of the DMEC Market Report on Innovative Offshore Renewable Energy Technologies
Market Outlooks

Key Insights of the DMEC Market Report on Innovative Offshore Renewable Energy Technologies

DMEC’s 2024/2025 Market Report Chapter 1 on Innovative Offshore Renewable Energy Technologies offers a unique and comprehensive overview of the latest innovations and their global developments. It includes insights on the key following offshore renewable energy technologies: tidal, wave, offshore so

about 11 months ago
hydrogen
Market Outlooks

European refiners could drive green hydrogen momentum, with maritime sector playing important role

European refiners are expected to become significant producers and buyers of green hydrogen, with the maritime sector offering growth potential.

about 11 months ago
CMB.TECH
Market Outlooks

Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships

Belgian shipowner CMB.TECH and Norway-based dry bulk shipping company Golden Ocean Group (GOGL) have completed the stock-for-stock merger. As informed, GOGL merged with CMB.TECH Bermuda, a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company, and with CMB.TECH as the i

about 11 months ago
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