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Outlook & Strategy

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Illustration (Courtesy of TEAMER Program), University of Hawaii
Outlook & Strategy

US research program opens applications for 16th call for marine energy developers

The U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) program has opened applications for its 16th request for technical support (RFTS), inviting marine energy developers to submit proposals by June 6, 2025. TEAMER provides access to testing facilities and technical expertise to

about 1 year ago
South Korea
Outlook & Strategy

Net-zero quest: South Korea, Australia to create green shipping corridor

South Korea and Australia have decided to establish a green shipping corridor to support international shipping’s zero-emission goals and create an environment for eco-friendly fuel supply.

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

Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030

Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could have on the environment and supply.

about 1 year ago
Minesto has completed dragon 12
Outlook & Strategy

DNV completes independent review of Minesto’s Dragon-class technology

Norway-based classification society DNV has completed an independent technical review of Minesto’s Dragon-class technology, reinforcing the investment case for its planned 10 MW array in the Faroe Islands. The assessment, initiated in the autumn of 2024, evaluated the energy conversion performance,

about 1 year ago
shipping
Outlook & Strategy

MERC: Could antifouling paints be holding the key to green shipping?

Shipping companies looking to cut fuel costs and reduce emissions are increasingly turning to silicone-based antifouling paints, but their application challenges and varying real-world performance demand careful consideration, a new report says. In its new report titled “An Overview of Silicone-Base

about 1 year ago
GUH CEO Neil Gordon
Outlook & Strategy

New taskforce enters subsea scene to enhance cable performance for offshore wind

Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s £9.2 billion (around $11,3 billion) underwater sector, has publish

about 1 year ago
FPSO Jotun; Source: Vår Energi
Outlook & Strategy

Four giant oil & gas projects line up for start-up in 2025 offshore Norway with more on the cards

Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to exceed 400,000 barrels of oil equivalent per day (kboepd).

about 1 year ago
Aerial view of Dunnottar Castle, Stonehaven. Dunnottar is a ruined medieval fortress located upon a rocky headland on the North East coast of Scotland. Credit: Scottish Enterprise
Outlook & Strategy

Scotland eyes almost $10B marine energy boost by 2050

Scotland’s tidal stream and wave energy sector could generate over £8 billion (almost $10 billion) in economic benefits and create more than 15,000 jobs by 2050 if the country retains its leadership position in the field, University of Edinburgh’s (UoE) new report reveals. Published by the UoE and c

about 1 year ago
SwitcH2 nearing final design of floating ammonia project with new investor onboard
Outlook & Strategy

SwitcH2 nearing final design of floating ammonia project with new investor onboard

Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.

about 1 year ago
BAC
Outlook & Strategy

BAC RE, TLP Terminal and Dovechem join forces on new biofuel hub at Tanjung Langsat Port

Malaysia’s biofuel producer BAC Renewable Energy (BAC RE) has signed a memorandum of agreement (MOA) with compatriot terminal operator TLP Terminal and Singapore-based bulk liquid storage services provider Dovechem Group to develop a bio-LNG and biomethanol hub.

about 1 year ago
Call for Interest for H2Med hydrogen corridor delivers positive results, TSOs say
Outlook & Strategy

Call for Interest for H2Med hydrogen corridor delivers positive results, TSOs say

A Call for Interest in the H2Med project – the first European major hydrogen corridor – has delivered “strong outcomes” and confirmed H2Med’s role in achieving Europe’s decarbonization and deindustrialization objectives, the project promoters revealed.

about 1 year ago
HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union
Outlook & Strategy

HelioRec and partners launch EU-backed project to advance floating solar tech

French offshore solar start-up HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union and Région Pays de la Loire through the Clean Energy Transition Partnership (CETPartnership). According to HelioRec, the STEWAR

about 1 year ago
Singapore’s Strategic Marine to build survey vessel for Australian firm
Outlook & Strategy

Singapore’s Strategic Marine to build survey vessel for Australian firm

Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it will construct a new multi-purpose survey vessel for the Australian maritime logistics provider. Strategic Marine said that the vessel would be tailored to meet Odyssey Group’s specific operational n

about 1 year ago
Van Oord's 10-year-old cable layer sports Damen's emission reduction technology
Outlook & Strategy

Van Oord’s 10-year-old cable layer sports Damen’s emission reduction technology

Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi

about 1 year ago
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