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Outlook & Strategy

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EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels
Outlook & Strategy

EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels

Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption.

about 1 year ago
Osaka Gas
Outlook & Strategy

Bulgarian Shipowners Association joins ECSA

The Bulgarian Shipowners Association (BSA) has become the 22nd member of the European Community Shipowners’ Associations (ECSA), further expanding the network of the organization.

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about 1 year ago
wind propulsion
Outlook & Strategy

Wind ship propulsion in maritime: 2024 was a year to remember

2024 was an exciting year in the ongoing development of the wind-assisted ship propulsion segment, with 54 large ships in operation and seven more designated as wind-ready.

about 1 year ago
New partnership looking into hydrogen network in Åland
Outlook & Strategy

New partnership looking into hydrogen network in Åland

Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to jointly explore opportunities for building a hydrogen network in Åland.

about 1 year ago
An office building with a rainbow over it
Outlook & Strategy

Duo stepping in to steady the ship at Galp until new CEO is picked

Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.

about 1 year ago
All green lights in for second Malta-Italy interconnector
Outlook & Strategy

Second Malta-Italy interconnector gets final approval, commissioning set for 2026

The second interconnector between Malta and Italy has officially been approved in both countries following the final permit from the Italian Ministry for the Environment and Energy Security (MASE). The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electri

about 1 year ago
DNV: LNG dominated alternative-fuel ship orderbook in ‘exceptional newbuilding’ year
Outlook & Strategy

DNV: LNG dominated alternative-fuel ship orderbook in ‘exceptional newbuilding’ year

Described as the maritime industry’s “exceptional newbuilding year”, 2024 yielded a record number of LNG-fueled ship deliveries, according to the latest data from DNV’s AFI platform.

about 1 year ago
North Sea ecosystem regeneration at heart of Dutch govt's new program
Outlook & Strategy

North Sea ecosystem regeneration at heart of Dutch govt’s new program

Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Ag

about 1 year ago
Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas
Outlook & Strategy

Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas

Subsea7 has secured a contract with Norway’s state-owned energy company Equinor to deliver a study that will finalize the technical definition of the proposed subsea development at a field off Norway before the final investment decision (FID) is reached. Subsea 7 has been appointed to deliver a fron

about 1 year ago
Denmark's tender invites applications for coastal CO2 storage exploration
Outlook & Strategy

Denmark inviting applications for coastal CO2 storage exploration

The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark. The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several

about 1 year ago
AtoB@C Shipping
Outlook & Strategy

AtoB@C Shipping, Yara International extend sustainability-driven cooperation

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, and Norway’s Yara International, a crop nutrition company and a provider of environmental and agricultural solutions, have extended the existing contract of affreightment until 2033.

about 1 year ago
llustration/Morlais Demonstration Zone (Archive/Courtesy of Marine Energy Wales)
Outlook & Strategy

Wales introduces strategic resource areas for tidal stream energy

Wales has taken a step forward in marine planning by introducing its first Strategic Resource Areas (SRAs) for tidal stream energy, aiming to foster the sustainable development of marine energy while safeguarding sensitive ecosystems. The Welsh government launched its first marine plan in 2019, layi

about 1 year ago
BIMCO
Outlook & Strategy

BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU

The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures.

about 1 year ago
Kongsberg Discovery expands with purchase of subsea monitoring provider
Outlook & Strategy

Kongsberg Discovery expands with purchase of subsea monitoring provider

Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil & gas leaks. Formed in 1999, Naxys Technologies’ c

about 1 year ago