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Outlook & Strategy

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Drydocks World
Outlook & Strategy

Global Green Shipyard Alliance formed to accelerate maritime sustainability

Drydocks World, part of the UAE-based logistics giant DP World, has co-founded the Global Green Shipyard Alliance (GGSA), an international coalition of shipyards committed to accelerating the maritime industry’s sustainability transition.

about 1 year ago
€713.5M to back two Eastern Green Links and five other UK grid upgrades
Outlook & Strategy

€713.5M to back two Eastern Green Links and five other UK grid upgrade projects

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The National Wealth Fund (NWF), the UK’s sovereign wealth fund, has backed ScottishPower with £600 million to support the delivery of seven priority transmission grid upgrade projects anticipated to help facilitate more renewable energy onto the system, reduce congestion costs, lower the cost of ele

about 1 year ago
Carnegie and SEI engineers demonstrate testing underway with a representative from EuropeWave and Ente Vasco de la Energia
Outlook & Strategy

Carnegie advances ACHIEVE wave energy project with new EuropeWave payment

Australia’s wave energy developer Carnegie Clean Energy has confirmed that its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), received a €137,152 payment under the EuropeWave Phase 3 contract, part of its ACHIEVE program. The payment follows the completion of electrical and control system

about 1 year ago
Malaysian company looking to bypass global vessel shortage with new cable layer
Outlook & Strategy

Malaysian company looking to bypass global vessel shortage with new cable layer

A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made a move that brings it a step closer to the construction of a multi-purpose cable laying vessel (CLV). Megamas Resources has signed a letter of intent (LoI) with German shipyard Lloyd Werft Bremerhaven to

about 1 year ago
South Korea
Outlook & Strategy

South Korea, United States to ‘strengthen’ shipbuilding ties

In what is described as a “historic moment”, the South Korean shipbuilding industry has held talks with the United States Trade Representative (USTR) to explore opportunities for vessel construction cooperation between the two nations. As disclosed, Chung Kisun, Executive Vice Chairman of HD Hyundai

about 1 year ago
ACWA Power strengthens US clean energy ties with $500 million in new deals
Outlook & Strategy

ACWA Power strengthens US clean energy ties with $500 million in new deals

ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Outlook & Strategy

NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage

The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,

about 1 year ago
WATCH: Both subsea cables laid for project set to 'revolutionize Senegal’s power infrastructure'
Outlook & Strategy

WATCH: Both subsea cables laid for project set to ‘revolutionize Senegal’s power infrastructure’

A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two submarine cables for what is said to be a project that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people. The partners reported today, May 16, that the seco

about 1 year ago
Swiss set up firm with Timor-Leste to develop 250-kilometer natural gas pipeline
Outlook & Strategy

Swiss set up firm with Timor-Leste govt to develop 250-kilometer natural gas pipeline

Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra

about 1 year ago
Danish wave energy technology company Exowave is entering a crucial phase in developing its wave energy technology. The power take-off (PTO) system is set for wet testing in the coming weeks.
Outlook & Strategy

Exowave completes factory acceptance test of its wave energy system (Video)

Danish wave energy technology company Exowave has completed the factory acceptance test (FAT) of its wave energy converter (WEC) power take-off (PTO) system, marking a step forward in its roadmap to deliver megawatt-scale wave energy plants in the Danish North Sea by 2030. The test was independently

about 1 year ago
A large vessel at sea
Outlook & Strategy

Canadian oil & gas firm rolls out new name

Canadian oil and gas company Africa Oil Corp. has presented a new identity, which entails a name change.

about 1 year ago
Fugro looking for new Group Director for Europe and Africa
Outlook & Strategy

Fugro looking for new Group Director for Europe and Africa

Fugro has initiated a recruitment process to replace its Group Director for Europe and Africa, who has decided to step down in order to pursue other opportunities. The Dutch company reported at the beginning of this week that Erik-Jan Bijvank was stepping down as Group Director Europe and Africa to

about 1 year ago
ABP, HiiROC and px Group to develop new hydrogen production plant in UK
Outlook & Strategy

ABP, HiiROC and px Group to develop new hydrogen production plant in UK

Associated British Ports (ABP), HiiROC, and px Group have agreed to develop a hydrogen production plant at the px Group-owned Saltend Chemicals Park (SCP) in the UK.

about 1 year ago
Anemoi
Outlook & Strategy

Anemoi, Hafnia, GSI and DNV team up to unlock full potential of rotor sails on MR tankers

UK-based wind-assisted propulsion provider Anemoi Marine Technologies, Singapore-based tanker owner Hafnia, China-based shipbuilder Guangzhou Shipyard International (GSI), and Norwegian class society DNV have embarked on a collaboration to develop the integration design of rotor sails suitable for i

about 1 year ago