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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsProject & TendersTechnologyCollaborationGreen MarineInfrastructureVesselsInnovationTransitionVisionAuthorities & GovernmentRegulation & PolicyResearch & DevelopmentSafetyStorageOperations & MaintenanceEquipmentCarbon Capture Usage & Storage
Swedish tidal energy developer Minesto has assembled an investment offer for a first-phase buildout of an array of tidal kites in Hestfjord, Faroe Islands.
Outlook & Strategy

Following three months of testing, Minesto’s megawatt-scale tidal energy kite ‘delivering as expected’

Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected in its first three months of operations and the data being generated underlines the commercial readiness of Dragon Class systems, the Swedish company reported. The 1.2 MW powerplant was installed and commissioned at the site in Ve

about 2 years ago
Illustration; Source: Ocean Edge Services
Outlook & Strategy

US player and local firm link up to hang out their shingle in Guyana as oil discoveries boost economy

Ocean Edge Services and Atlantic Marine Supplies have formed a new joint venture and corporation in Guyana, Ocean Edge Services (Guyana) Inc.

about 2 years ago
Fratelli Cosulich adds new methanol and biofuel bunker barge to its fleet
Outlook & Strategy

Fratelli Cosulich adds new methanol and biofuel bunker barge to its fleet

Fratelli Cosulich has taken delivery of the newbuild chemical bunker barge equipped to carry methanol and biofuels up to B100.

about 2 years ago
Island Offshore orders hybrid ocean energy construction vessel at VARD with option for two more
Outlook & Strategy

Island Offshore orders hybrid ocean energy construction vessel at VARD with option for two more

Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th

about 2 years ago
Researchers to work on mega-scale liquid hydrogen storage systems
Outlook & Strategy

Researchers to work on mega-scale liquid hydrogen storage systems

A team of University of Melbourne researchers will work with Australian and international industry partners to develop mega-scale liquid hydrogen storage systems and infrastructure for energy export terminals and vessels.

about 2 years ago
Unity platform (for illustration purposes); Source: INEOS
Outlook & Strategy

INEOS makes headway on its 2030 decarbonization targets with 22% GHG emission cuts

London-based INEOS has published its 2023 global sustainability report which highlights a 22% reduction in GHG emissions compared to 2019.

about 2 years ago
PosHYdon green hydrogen pilot initiates onshore testing
Outlook & Strategy

PosHYdon green hydrogen pilot initiates onshore testing

The PosHYdon offshore green hydrogen project is progressing as planned with the commencement of the onshore test at InVesta in Alkmaar.

about 2 years ago
Petrobras gives $1.8 billion worth of contracts for six Sapura vessels
Outlook & Strategy

Petrobras gives $1.8 billion worth of contracts for six Sapura vessels

Malaysia’s Sapura Energy has secured $1.8 billion worth of contracts with Brazilian state-owned oil and gas giant Petrobras for six multi-purpose pipe-laying support vessels (PLSVs). Sapura Energy’s joint venture entities Seabras Sapura Holding and Seabras Sapura Participacoes have been awarded the

about 2 years ago
Boskalis expands range of 2023-commissioned vessel with new fallpipe (Gallery)
Outlook & Strategy

Boskalis expands range of 2023-commissioned vessel with new fallpipe (Photos)

Dutch offshore services provider Boskalis has outfitted its new subsea rock installation vessel with a new inclined fallpipe with the aim of expanding its range. Following its first rock installation project in Australia earlier this year, the Seapiper subsea rock installation vessel was outfitted w

about 2 years ago
James Fisher and Sons bags its first tidal energy project
Outlook & Strategy

James Fisher and Sons bags its first tidal energy project

James Fisher and Sons has secured what it says is its first tidal energy project as part of which it will manage high-voltage equipment and cables at Menter Môn’s Morlais tidal energy substations in the UK. James Fisher and Sons will manage, repair and maintain high-voltage equipment and cables at t

about 2 years ago
Everfuel secures green hydrogen supply deal with German industrial offtaker
Outlook & Strategy

Everfuel secures green hydrogen supply deal with German industrial offtaker

Everfuel signed a letter of intent (LoI) with a German industrial offtaker for the supply of up to 10,000 tons of green hydrogen annually.

about 2 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd and IKEA team up on biofuel use to cut CO2 emissions

German container shipping company Hapag-Lloyd has entered into a cooperation with IKEA Supply Chain Operations to decarbonize the Hapag-Lloyd container shipments originating from Asia, marking an important step towards a more sustainable maritime industry.

about 2 years ago
Vard hires TMC Compressors yet again for Prysmian's cable-layer
Outlook & Strategy

TMC Compressors to deliver equipment for another newbuild Prysmian cable-layer

Norway’s shipbuilder VARD has contracted compatriot TMC Compressors to supply a complete marine compressed air system for a cable-laying vessel (CLV) that it is constructing for Italian cabling giant Prysmian. Under the contract whose value has not been disclosed, TMC will deliver a marine compresse

about 2 years ago
Baker Hughes and CGG in alliance for carbon capture and storage
Outlook & Strategy

Baker Hughes and CGG in alliance for carbon capture and storage

France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support t

about 2 years ago
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