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Outlook & Strategy

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MSC’s cruise division officially opens new sustainable terminal in Barcelona
Outlook & Strategy

MSC’s cruise division officially opens new sustainable terminal in Barcelona

The cruise division of Switzerland-based shipping major MSC Group has officially inaugurated the new MSC Barcelona terminal in Spain, with EXPLORA II, the second ship from luxury lifestyle ocean travel brand Explora Journeys, making the first call.

about 1 year ago
Illustration; Source: Rystad Energy
Outlook & Strategy

Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

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Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.

about 1 year ago
APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam
Outlook & Strategy

APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam

APM Terminals, an independent entity of Danish shipping giant A. P. Moller – Maersk, and Vietnam’s Hateco Group have celebrated the grand opening of the new terminal in Haiphong, Vietnam.

about 1 year ago
'Offshore industry's first’ vessel geometry assurance software comes to market
Outlook & Strategy

‘Offshore industry’s first’ vessel geometry assurance software comes to market

UK energy solutions provider OEG Energy Group has unveiled what it says is the offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard vessels and subsea vehicles to feature calibration software. GEOBASE provides an independent res

about 1 year ago
OCP and Maersk ally on sustainable supply chain solutions
Outlook & Strategy

OCP and Maersk ally on sustainable supply chain solutions

Morocco-based OCP Group, through its Specialty Products & Solutions (SPS) strategic business unit, and Danish shipping giant A.P. Moller – Maersk have signed a memorandum of understanding (MoU) to strengthen their long-standing collaboration and jointly advance sustainable supply chain solutions.

about 1 year ago
NKT's power cable factory expansion named EU's first net-zero strategic project
Outlook & Strategy

NKT’s power cable factory expansion named EU’s first net-zero strategic project

NKT’s expansion of its high-voltage submarine power cable factory in Karlskrona, Sweden, has been recognized as the first European net-zero strategic project under the EU Net-Zero Industry Act, providing it with a national priority status for accelerated administrative treatment and faster permittin

about 1 year ago
Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines
Outlook & Strategy

Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines

Wärtsilä will invest €50 million in expanding its R&D center in Vaasa, aiming to meet the growing demand for sustainable technologies and alternative fuels in maritime and energy sectors.

about 1 year ago
MHI expands presence in Australia to boost developments in hydrogen, ammonia and CCUS
Outlook & Strategy

MHI expands presence in Australia to boost developments in hydrogen, ammonia and CCUS

Japanese major Mitsubishi Heavy Industries (MHI) has established a branch office of Mitsubishi Heavy Industries Australia (MHI-AUS) in Perth, Western Australia, to accelerate business developments in hydrogen, ammonia and carbon capture, utilization and storage (CCUS).

about 1 year ago
Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds
Outlook & Strategy

Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds

The European Union (EU) has set a target to increase the consumption of green hydrogen to 20 million tons (Mt) by 2030.

about 1 year ago
Collaborative
Outlook & Strategy

Sustainable Maritime Fuels Collaborative launched to drive maritime transition in Pacific Northwest

A new initiative has been launched to accelerate the availability, affordability and deployment of sustainable maritime fuels and low and zero-emission vessels and technology in the Pacific Northwest.

about 1 year ago
CMA CGM
Outlook & Strategy

CMA CGM to transform shipping, logistics activities through generative AI

French container shipping and logistics major CMA CGM has unveiled a five-year strategic partnership with compatriot artificial intelligence startup Mistral AI.

about 1 year ago
Panama Canal looking to reduce emissions with Stillstrom’s offshore charging solution
Outlook & Strategy

Panama Canal looking to reduce emissions with Stillstrom’s offshore charging solution

Stillstrom, Maersk’s offshore power and charging solutions developer, has entered into an agreement with the Panama Canal Authority (ACP) to assess the potential for implementing its technology to reduce emissions from vessels idling in and around the Panama Canal.

about 1 year ago
Panamanian
Outlook & Strategy

Panama Canal to open bidding process for LPG pipeline in key diversification move

The Panama Canal is about to open a bidding process for developing a new pipeline for the transfer of energy products which will complement operations in the interoceanic waterway.

about 1 year ago
French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities.
Outlook & Strategy

Setec expands marine engineering reach with Sealand Projects acquisition

French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities. According to Setec, the acquisition expands the company’s service offering in the marine renewables sector and enhances its presence in the

about 1 year ago