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Outlook & Strategy

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Rendering of Alaska LNG plant
Outlook & Strategy

$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza

With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.

23 minutes read
After maiden job in the Netherlands, China’s first subsea cable shuttle barge going to UK
Outlook & Strategy

After maiden job in the Netherlands, China’s first subsea cable shuttle barge going to UK

China’s first dedicated long-range heavy subsea cable transport barge has completed its inaugural mission at an offshore wind project and will undergo maintenance before embarking on a new mission. Chinese power cable specialist Orient Cable launched the barge named Dongfang Haigong 07 (DFHG 07) in

about 1 year ago
DNV
Outlook & Strategy

DNV, HMD, KSOE unite to drive digital innovation in maritime

Norway-based classification society DNV has signed a memorandum of understanding (MoU) with South Korea’s HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) on new standards for using digital twins to test electric propulsion systems.

about 1 year ago
Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage
Outlook & Strategy

Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage

Germany’s energy company Mabanaft plans to rebuild its tank terminal in the Port of Hamburg to enable the storage of methanol and facilitate its import to Northern Germany.

about 1 year ago
Belfast Harbour to invest around $387 million in port projects over next five years
Outlook & Strategy

Belfast Harbour to invest around $387 million in port projects over next five years

Belfast Harbour, Northern Ireland’s principal maritime gateway and logistics hub, has unveiled a new strategy setting out a program to invest £313 million (approximately $387 million) in capital projects across the port and Harbour Estate over the next five years.

about 1 year ago
Swiss Casale joins AM Green’s ammonia project in India
Outlook & Strategy

Swiss Casale joins AM Green’s ammonia project in India

AM Green has chosen Casale as its technology partner for the conversion of two grey ammonia plants into a green ammonia complex in Kakinada, India.

about 1 year ago
Norwegian seismic duo receives local clearance for merger
Outlook & Strategy

‘Advanced’ imaging centers launch in Brazil to boost offshore energy exploration

Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras

about 1 year ago
Greece's €1B interconnection passes muster for full electrification
Outlook & Strategy

Greece’s €1B interconnection passes muster for full electrification

Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed the site acceptance test (SAT) for the cable system for what it says is the largest electricity transmission project in Greece. IPTO reported today

about 1 year ago
HMM
Outlook & Strategy

HMM, JNPA to cooperate on India’s Vadhvan Port development

South Korea’s HMM—the world’s eight-largest container shipping company according to Alphaliner’s Top 100 list—has signed a memorandum of understanding (MOU) with India’s Jawaharlal Nehru Port Authority (JNPA) to collaborate on developing Vadhvan Port.

about 1 year ago
CNOOC
Outlook & Strategy

CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays

China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.

about 1 year ago
Sumitomo and Van Oord booked for second Shetland HVDC cable link
Outlook & Strategy

Sumitomo and Van Oord booked for second Shetland HVDC cable link

SSEN Transmission has entered into a capacity reservation agreement (CRA) with a consortium of Sumitomo Electric Industries and Van Oord for the supply and installation of a second 525 kV HVDC cable link between Shetland and the Scottish mainland, known as the Shetland 2 HVDC Link. The cable for the

about 1 year ago
US autonomous surface vehicle completes multi-day trials without returning to base
Outlook & Strategy

US autonomous surface vehicle completes multi-day trials without returning to base

U.S.-based Ocean Power Technologies (OPT) has completed a set of exercises in California in which its WAM-V unmanned surface vehicle (USV) operated for multiple days without needing to return to base. During the exercises, the WAM-V 22 operated for several days while hosting a complete seabed survey

about 1 year ago
Liquid Wind and TSE join forces to develop e-fuel facility in Finland
Outlook & Strategy

Liquid Wind and TSE join forces to develop e-fuel facility in Finland

Swedish e-fuel plant developer Liquid Wind and Finnish energy company Turku Region Energy Production (TSE) have signed a memorandum of understanding (MoU) for the development of an e-fuel facility in Naantali, Finland.

about 1 year ago
Stena RoRo welcomes new cargo ship to its fleet
Outlook & Strategy

Stena RoRo welcomes new cargo ship to its fleet

Swedish shipping company Stena RoRo has expanded its fleet with the purchase of the roll-on/roll-off (RoRo) ship Giuseppe Lucchesi from Compagnia Italiana di Navigazione (CIN), a part of the Moby Lines group of companies.

about 1 year ago
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