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Outlook & Strategy

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Fugro cuts time to USV deployment with in-service certification deal with Lloyd's Register
Outlook & Strategy

Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment

Dutch Fugro has made a move to simplify the certification process for its growing fleet of autonomous uncrewed surface vessels (USVs) with the signature of an agreement with Lloyd’s Register. The signature of the block fee agreement to streamline the in-service certification and maintenance of Fugro

about 1 year ago
Blue Economy launches Tasmania’s ‘first’ hydrogen production and research facility
Outlook & Strategy

Blue Economy launches Tasmania’s ‘first’ hydrogen production and research facility

Australia’s Blue Economy Cooperative Research Centre (CRC) has inaugurated what is claimed to be Tasmania’s “first” green hydrogen production and research facility.

about 1 year ago
Royal Caribbean
Outlook & Strategy

Royal Caribbean becomes latest player in maritime methane abatement initiative

Florida-based cruise holding company Royal Caribbean Group has become the latest member of Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping. Royal Caribbean was added to MAMII’s roster in the early days of March 2

about 1 year ago
Swedish tidal energy developer Minesto has assembled an investment offer for a first-phase buildout of an array of tidal kites in Hestfjord, Faroe Islands.
Outlook & Strategy

Minesto targets Asian market with Swedish Energy Agency funded program

Swedish tidal energy developer Minesto has been selected to participate in the Global Innovation Accelerator (GIA), a program funded by the Swedish Energy Agency and operated with Business Sweden. According to Minesto, the initiative supports companies with an international market strategy that con

about 1 year ago
Polish shipyard starts ordering equipment for DOF's next-gen offshore support vessel
Outlook & Strategy

Polish shipbuilder starts ordering equipment for DOF’s next-gen offshore support vessel

Polish shipbuilder CRIST S.A. has awarded a number of contracts to equip a next-generation offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group, set to operate offshore Newfoundland and Labrador, Canada. Provisionally named Sea Dragon and scheduled for delivery by Q1 202

about 1 year ago
NKT wraps up first cable installation campaign to connect oil & gas area off Norway to shore
Outlook & Strategy

NKT wraps up first cable installation campaign to connect oil & gas area off Norway to shore

Denmark-headquartered power cable manufacturer and installation company NKT has completed the first installation campaign in Norway to connect an offshore oil & gas development area to shore. NKT is currently carrying out the installation of 255 kilometers of HVAC power cables to connect the Yggdras

about 1 year ago
ADNOC
Outlook & Strategy

Second European Hydrogen Bank auction receives 61 bids, including eight maritime projects

The European Hydrogen Bank’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries, with eight of the bids submitted by hydrogen producers with off-takers in the maritime sector.

about 1 year ago
Singapore
Outlook & Strategy

Singapore introduces new standard to ramp up methanol bunkering and support maritime transition

Singapore has launched a new standard for methanol bunkering, marking an important step towards enabling methanol bunkering at scale and cementing its position as a sustainable, multi-fuel bunkering hub.

about 1 year ago
AET links up with Fleetzero to develop ‘world’s longest-range’ hybrid electric vessel
Outlook & Strategy

AET links up with Fleetzero to develop ‘world’s longest-range’ hybrid electric vessel

AET, a petroleum arm of Malaysia’s shipowner MISC, has joined forces with modular marine batteries developer and maker Fleetzero to develop “the world’s longest-range” plug-in hybrid-electric vessel.

about 1 year ago
Second of three Sea1 high-end subsea vessels joins Aurora Offshore's fleet
Outlook & Strategy

Second of three Sea1 high-end subsea vessels joins Aurora Offshore’s fleet

Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the second of three high-end subsea vessels from compatriot operator Sea1 Offshore, ex-Siem Offshore. A total of 11 vessels will transfer to Aurora Offshore as a part of its collaboration

about 1 year ago
VARD starts building Island Offshore's hybrid ocean energy construction vessel, second one to follow in July
Outlook & Strategy

VARD starts building first Island Offshore hybrid ocean energy construction vessel, second to follow in July

Norwegian shipbuilder VARD has cut the first steel for the first hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The steel cutting that marks the official start of construction for the first newbuild OECV, named Island Evolution, too

about 1 year ago
CMA CGM
Outlook & Strategy

CMA CGM plans to pour $20 billion into US maritime sector in next four years

French shipping and logistics major CMA CGM has decided to invest $20 billion over the next four years to strengthen the U.S. maritime transport and logistics, boosting the maritime economy and fostering shipbuilding capabilities.

about 1 year ago
Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for CO2 storage in coastal areas
Outlook & Strategy

Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for coastal CO2 storage permits

The Danish Energy Agency has received two applications in the tender for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark, launched at the beginning of 2025. The tender, opened on January 9, covers three areas near the Danish coast – Jammerbugt, Lisa and In

about 1 year ago
Höegh Evi and North Ammonia join forces to set up clean ammonia supply chain
Outlook & Strategy

Höegh Evi and North Ammonia join forces to set up clean ammonia supply chain

Norwegian companies North Ammonia and Höegh Evi have signed an agreement to explore a clean ammonia supply chain from Norway to Europe.

about 1 year ago
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