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Outlook & Strategy

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For illustration purposes only. Source: WindFloat Atlantic © Principle Power / Ocean Winds. Taken from: WavEC
Outlook & Strategy

Seabed survey unlocks insights for floating offshore projects in Portugal

A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (Z

about 1 year ago
US subsea robot enters acceptance testing phase
Outlook & Strategy

US autonomous subsea robot enters acceptance testing phase

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U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro

about 1 year ago
Wallenius Wilhelmsen performs first biofuel bunkering in Japan
Outlook & Strategy

Wallenius Wilhelmsen performs first biofuel bunkering in Japan

Norwegian shipping and logistics company Wallenius Wilhelmsen has conducted its first biofuel bunkering trial in Japan.

about 1 year ago
IMO
Outlook & Strategy

69 NGOs urge IMO to exclude biofuels from Global Fuel Standard

The International Maritime Organization (IMO) and its 176 member states have been urged by 69 conservation NGOs to oppose the promotion of biofuels in international shipping and commit to a future powered by ‘genuine’ clean energy.

about 1 year ago
MOL
Outlook & Strategy

MOL invests in US developer of e-fuels

Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels.

about 1 year ago
David Whitehouse CEO, Offshore Energies UK (OEUK)
Outlook & Strategy

OEUK pushes for UK carbon capture funding amid budget concerns

Britain’s trade body for the offshore energy industry Offshore Energies UK (OEUK) has urged the UK government to stay committed to supporting additional carbon capture, usage, and storage (CCUS) projects as concerns mount over potential funding cuts in the upcoming comprehensive spending review (CSR

about 1 year ago
Offshore survey on schedule for UK’s first carbon storage permit
Outlook & Strategy

Offshore survey on schedule for UK’s first carbon storage permit

A geophysical offshore survey is scheduled to start next month at the first-ever carbon storage permit in the UK, being developed by a joint venture between BP, Equinor and TotalEnergies. The geophysical offshore survey for the Northern Endurance Project (NEP) is expected to begin on March 4, taking

about 1 year ago
Partners eye hydrogen-as-ammonia exports from Canada to South Korea
Outlook & Strategy

Partners eye hydrogen-as-ammonia exports from Canada to South Korea

Trigon Pacific Terminal and Ulsan Free Economic Zone Authority (UFEZ) have signed a memorandum of understanding (MoU) that will see the two entities establish a framework to expand collaboration on the development of hydrogen-as-ammonia exports from Canada to South Korea.

about 1 year ago
Lloyd’s Register gives its blessing to Brazilian 24-meter USV
Outlook & Strategy

Lloyd’s Register gives its blessing to Brazilian 24-meter USV

Maritime classification society Lloyd’s Register has awarded Approval in Principle (AiP) to Brazilian company TideWise for a 24-meter uncrewed surface vessel (USV) capable of performing offshore subsea inspection operations at depths of up to 2,500 meters. According to Lloyd’s Register, the AiP conf

about 1 year ago
From right to left: Mr. Hardeep Singh Puri, Minister of Petroleum and Natural Gas of the Government of India, Mr. Chandrasekhar N, Head of Research and Development, BPCL, Ms. Inna Braverman, Founder a
Outlook & Strategy

Eco Wave Power and BPCL seal the deal for wave energy development in India

Wave energy developer Eco Wave Power has signed a memorandum of understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to explore the potential of wave energy in India. According to Eco Wave Power, the agreement aims to advance the country’s renewable energy ambitions by leveraging it

about 1 year ago
New partnership looking into sustainable propulsion technologies
Outlook & Strategy

New partnership looking into sustainable propulsion technologies

Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems.

about 1 year ago
Singapore’s bio-LNG supplier comes on board SEA-LNG coalition
Outlook & Strategy

Singapore’s bio-LNG supplier comes on board SEA-LNG coalition

SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member. Singapore-headquartered bio-LNG supplier Straits Bio-LNG has joined the coalition to make ‘real strides’ in promoting LNG as a practical solution for shipping decarbonization. Straits Bio-LNG is cur

about 1 year ago
Proteus Marine Renewables (PMR) has installed Japan’s first megawatt-scale tidal turbine, in the Naru Strait.
Outlook & Strategy

1.1 MW tidal turbine hits the water in Japan’s Naru Strait (Gallery)

UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it “the first to operate such devices in two countries”. According to PMR, the AR1100 turbine is expected to generate 1.1 MW of power, supporting the decarboni

about 1 year ago
Three large tanks by the coast
Outlook & Strategy

LNG, CCS, and hydrogen lighting revamped Inpex’s path to ‘responsible’ energy transition

Japan’s energy company Inpex has introduced a series of organizational and branding changes intended to strengthen its business framework in line with its new strategy for the next ten years.

about 1 year ago