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Outlook & Strategy

KR, HD Hyundai Heavy join forces on 100,000+ cbm ethane carrier

Classification society Korean Register (KR) has signed a memorandum of understanding (MOU) with compatriot shipbuilder HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).

about 1 year ago

Outlook & Strategy

New partnership looking to accelerate adoption of AEM electrolyzers

Ionomr Innovations and Jolt Solutions have signed a memorandum of understanding (MoU) to develop turnkey solutions for the faster adoption of anion exchange membrane (AEM) electrolyzers.

about 1 year ago

Outlook & Strategy

Steel pipes for Eni’s CCS project ordered from Greek company

Greek Corinth Pipeworks, part of Cenergy Holdings, has secured a contract to deliver steel pipes for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. For the Liverpool Bay CCS project, Corinth Pipeworks will supply and deliver approximately 41 k

about 1 year ago

Outlook & Strategy

ONE agrees to purchase shore power at Hamburg port

Singapore-based shipping company Ocean Network Express (ONE) and Germany’s Hamburg Port Authority have signed an agreement for the future use of shore power supply for containerships.

about 1 year ago

Outlook & Strategy

Northern Lights: Ready, set, go with first CO2 on board!

Inaugural CO2 has been loaded onto Northern Pioneer, the first in a fleet of four liquefied CO2 transport ships built for Northern Lights, a carbon capture and storage project in Norway.

about 1 year ago

Outlook & Strategy

Pertamina inks deal with French partner for renewable synthetic fuel production

Pertamina NRE, a subsidiary of Indonesia’s state-owned oil and natural gas corporation Pertamina, has joined forces with France-based decarbonization technologies firm MGH Energy to co-develop renewable synthetic fuel production projects. According to Pertamina, the two parties signed a memorandum o

about 1 year ago

Outlook & Strategy

Sea1 Offshore’s to-be-built vessel quartet to sport Kongsberg equipment

Four new offshore construction vessels (OCVs) to be built by Chinese shipyard Cosco Shipping for Norwegian offshore services provider Sea1 Offshore are set to sport Kongsberg Maritime comprehensive equipment packages. Sea1 Offshore, previously known as Siem Offshore, placed the order for the first t

about 1 year ago

Outlook & Strategy

HDF Energy strengthens Indonesian presence with strategic hydrogen agreements

French hydrogen player HDF Energy has signed two strategic agreements to accelerate the deployment of its Renewstable hydrogen power plants in Indonesia.

about 1 year ago

Outlook & Strategy

Sonardyne comes on board UK’s first offshore carbon storage project

UK-headquartered Sonardyne has been appointed to deliver baseline environmental monitoring services for the UK’s first offshore carbon capture and storage (CCS) site, being developed by a joint venture of BP, Equinor and TotalEnergies. The project, being developed by the Northern Endurance Partnersh

about 1 year ago

Outlook & Strategy

MOL’s Wind Hunter hydrogen project selected for NEDO’s research initiative

Japanese shipping company Mitsui O.S.K. Lines’ (MOL) Wind Hunter project, a zero-emission initiative that utilizes wind power to produce hydrogen, has been selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) to participate in a project to research the potential f

about 1 year ago

Outlook & Strategy

Inyanga Marine Energy names new contractors for 20 MW Wales tidal energy project

UK-based Inyanga Marine Energy Group has confirmed a new round of contract awards for its 20 MW HydroWing tidal energy array, set for deployment at the Morlais site off Anglesey, Wales, in the first quarter of 2026. Newly announced contract recipients include PPI Engineering for the design and manuf

about 1 year ago

Outlook & Strategy

Wildcat well proves North Sea reservoir suitable for carbon storage

Harbour Energy Norge and its partners have confirmed a reservoir in the Norwegian part of the North Sea suitable for CO2 injection and storage following the drilling of a wildcat well. As part of the Havstjerne storage project, the 9/6-1 well was drilled in a water depth of 90 meters, around 30 kilo

about 1 year ago

Tian-Bing Xu, Ph.D., a professor at ODU, developing wave energy technology

Outlook & Strategy

$1M grant boosts underwater wave energy tech at ODU

Tian-Bing Xu, Professor in the Department of Mechanical and Aerospace Engineering at Old Dominion University (ODU) in the U.S., has been awarded a $1 million grant from the Office of Naval Research (ONR) to develop an underwater wave energy conversion system. According to ODU, the four-year project

about 1 year ago

Outlook & Strategy

Japanese majors collaborate on liquefied hydrogen carrier design study

Japanese majors Kawasaki Heavy Industries, Imabari Shipbuilding, and Japan Marine United Corporation are due to commence a joint study to establish a construction scheme for liquefied hydrogen carriers.

about 1 year ago