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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsCollaborationGreen MarineInfrastructureResearch & DevelopmentVesselsExploration & ProductionHuman CapitalMarket OutlooksProject & TendersStorageTechnologyTransitionVisionPorts & LogisticsAuthorities & GovernmentRegulation & PolicyInnovation
Yara and NYK execute ‘world’s first’ time-charter deal for ammonia-fueled medium gas carrier
Outlook & Strategy

Yara and NYK execute ‘world’s first’ time-charter deal for ammonia-fueled medium gas carrier

Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.

about 1 year ago
Spanish Avalon to invest €8 billion in hydrogen and derivatives projects
Outlook & Strategy

Spanish Avalon to invest €8 billion in hydrogen and derivatives projects

Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locations distributed between the provinces of Jaén, Huelva, Cádiz and Málaga.

about 1 year ago
Offshore installation begins to connect Sicily to Sardinia and Italian peninsula
Outlook & Strategy

Offshore installation activities begin to connect Sicily to Sardinia and Italian peninsula

Italian cabling company Prysmian Group has kicked off the offshore installation activities for an interconnector that will link Sicily to Sardinia and to the Italian peninsula. The €3.7 billion Tyrrhenian Link, developed by Italy’s transmission system operator (TSO) Terna, will connect Sicily with S

about 1 year ago
PLOCAN
Outlook & Strategy

PLOCAN joins Net-Zero Mar Alliance to boost maritime decarbonization

The Oceanic Platform of the Canary Islands (PLOCAN) has joined the Net-Zero Mar Alliance, an initiative aimed at accelerating the decarbonization of the maritime and port sectors.

about 1 year ago
LNG carrier (for illustration purposes); Source: GTT
Outlook & Strategy

GTT-COSCO collab sets out to strengthen LNG, ethane shipping sector

French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.

about 1 year ago
Infinium joins forces with Summit Carbon Solutions to advance e-fuel production
Outlook & Strategy

Infinium joins forces with Summit Carbon Solutions to advance e-fuel production

U.S.-based e-fuels provider Infinium and compatriot operator of carbon capture and storage (CCS) facilities Summit Carbon Solutions have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed e-fuels facility in North Dakota or South Dakota.

about 1 year ago
AD Ports
Outlook & Strategy

AD Ports, CMA CGM to develop, operate multipurpose terminal in Congo

The UAE-based terminal operator AD Ports Group has signed a shareholders’ agreement with French shipping and logistics major CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville.

about 1 year ago
UK: Consent granted for Immingham green energy terminal
Outlook & Strategy

UK: Consent granted for Immingham green energy terminal

The Immingham Green Energy Terminal (IGET), a proposed multi-user liquid bulk green energy terminal located in the Port of Immingham, has received development consent from the UK’s Secretary of State for Transport, marking “a big milestone” for the country’s energy transition.

about 1 year ago
Dutch cable recovery vessel starts sailing
Outlook & Strategy

Dutch cable recovery vessel starts sailing

Holland Shipyard Group has delivered a cable recovery vessel to compatriot shipping company Hudig & Veder which will be chartered to retrieve and recycle subsea cables. The cable recovery vessel Maasvliet is the first of five CIP3800 vessels that will be delivered for Hudig & Veder, with the first t

about 1 year ago
Australia’s NH3 Clean Energy advances flagship ammonia project
Outlook & Strategy

Australia’s NH3 Clean Energy advances flagship ammonia project

Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project.

about 1 year ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Outlook & Strategy

New tech from two Scandinavian firms to cut wave energy converter cost and mass

Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs). The two companies teamed up through the COMPACT project, combining expertise in wave energy and off

about 1 year ago
Plug Power launches spot pricing program for liquid green hydrogen
Outlook & Strategy

Plug Power launches spot pricing program for liquid green hydrogen

U.S. hydrogen solutions company Plug Power has introduced what it claims is the industry’s ‘first-ever’ spot pricing program for liquid green hydrogen.

about 1 year ago
Monna Lisa joins Leonardo da Vinci in Prysmian's fleet (Video)
Outlook & Strategy

Monna Lisa joins Leonardo da Vinci in Prysmian’s fleet (Video)

Prysmian’s new cable laying vessel (CLV) Monna Lisa has joined the fleet of the Italian cabling giant, following the completion of its sea trials. The keel-laying ceremony for the CLV, a sister vessel to Leonardo da Vinci, was held in Tulcea, Romania, in April 2023 to mark the start of construction,

about 1 year ago
Three tenders up for grabs for second Malta-Italy interconnector
Outlook & Strategy

Three tenders up for grabs for second Malta-Italy interconnector

InterConnect Malta, owned by the Maltese government, has issued three new tenders for the second electrical interconnector between Malta and Italy. This comes less than a month after the project had received final approval. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC

about 1 year ago
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