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Market Outlooks

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G7 meeting; Source: International Energy Agency (IEA)
Market Outlooks

G7 upping the green and low-carbon ante while gas is still king of energy throne

The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

about 3 years ago
Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy
Market Outlooks

Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy

Gasgrid Finland, a Finnish state-owned company and transmission system operator, and compatriot transmission system operator Fingrid have drafted three different scenarios in the joint project exploring the possibilities of the hydrogen economy and analysing its effects on the Finnish energy system.

about 3 years ago
NGO
Market Outlooks

BIMCO: 15,000 vessels set to be recycled by 2032

Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th

about 3 years ago
Modular offshore platform; Source: Aquaterra Energy
Market Outlooks

In with green hydrogen, out with black gold: Will this be a blueprint for the Middle East’s energy transition or is there something else in store?

The Middle East is pivoting towards renewables and green hydrogen while building a more sustainable oil and gas sector.

about 3 years ago
The signing of the contract for Ubol Ratana Dam hydro-floating solar hybrid (Courtesy of EGAT)
Market Outlooks

Consortium forms to deliver 24MW hydro-floating solar hybrid in Thailand

Electricity Generating Authority of Thailand (EGAT) has signed a contract with an industry consortium for the development of hydro-floating solar hybrid project at Ubol Ratana Dam in Thailand.

about 3 years ago
Illustration (Courtesy of ICE)
Market Outlooks

Tidal energy scheme in Liverpool eyes consenting management services

Liverpool City Region Combined Authority (LCRCA) is looking to secure consenting management services to advance the development of the Mersey tidal range project.

about 3 years ago
Illustration/ SIMEC Atlantis’ AR1500 tidal turbine for MeyGen project off Scotland (Courtesy of SIMEC Atlantis)
Market Outlooks

Crown Estate Scotland seeks consultants to manage wave and tidal energy operators panel

Crown Estate Scotland has launched a tender for a consultant that would act as the manager of wave and tidal energy operators panel.

about 3 years ago
Artist’s impression of QED Naval’s next-gen Subhub-ID tidal platform (Courtesy of QED Naval)
Market Outlooks

QED Naval invites bids for Subhub tidal energy industrial demonstrator

Scottish marine energy specialist QED Naval has invited potential tenderers to participate in an opportunity to be a strategic partner in developing its next generation Subhub industrial demonstrator platform for tidal energy generation.

about 3 years ago
HMM Nuri
Market Outlooks

Report: HMM linked to potential acquisition of Hyundai LNG Shipping

South Korean shipping behemoth HMM has reportedly entered the fray in the race to acquire Hyundai LNG Shipping, the nation’s leading transporter of liquefied natural gas (LNG). Market reports indicate that HMM has made its intentions known to IMM Private Equity, expressing its desire to conduct due

about 3 years ago
MSC Noa Ariela
Market Outlooks

MSC sets record as 1st ocean carrier to hit 5 mil TEU in fleet capacity

In a groundbreaking milestone for the global shipping industry, Mediterranean Shipping Company (MSC) has emerged as the first ocean carrier to surpass a staggering 5 million TEU (twenty-foot equivalent units) in fleet capacity, as confirmed by analysts at Alphaliner. The impressive feat highlights M

about 3 years ago
Illustration/Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Market Outlooks

Indonesian utility appoints SBS as technical advisor for tidal energy projects

State-owned PLN Indonesia Power (IP) has appointed British tidal energy specialist SBS as its technical advisor for tidal energy projects in Indonesia.

about 3 years ago
Report: Germany scales down LNG terminal plans
Market Outlooks

Report: Germany scales down LNG terminal plans

Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, Reuters reported a government source as saying. Two floating LNG terminals are to be sited at Mukran off the Rügen coast with an annual capacity of around 10 billion cubic metres (bcm), down from

about 3 years ago
Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of Global OTEC)
Market Outlooks

Pacific leaders give the nod to Global Ocean Energy Alliance

Leaders of 20 Pacific island countries and territories have approved the Global Ocean Energy Alliance (GLOEA), highlighting the implementation of the 1.5MW ocean thermal energy conversion (OTEC) platform being developed for deployment in São Tomé and Príncipe.

about 3 years ago
Ubuntu Empathy
Market Outlooks

Study: Ammonia-powered ships set to ply West Australia-East Asia iron ore trade by 2028

Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti

about 3 years ago
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