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Outlook & Strategy

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Mabanaft
Outlook & Strategy

Mabanaft to supply TUI Cruises ships with green methanol in Northern Germany

Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot cruise company TUI Cruises to supply green methanol in the future.

about 2 years ago
Japanese companies form carbon-neutral LNG buyers alliance
Outlook & Strategy

Tokyo Gas and partners to work on LNG-to-power project in Vietnam

Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam. The venture will develop, construct and operate a floating LNG import terminal and

about 2 years ago
Another autonomous vessel joins Fugro's fleet and obtains highest level of UK coastguard approval
Outlook & Strategy

Highest level of UK coastguard approval for latest autonomous vessel to join Fugro’s fleet

Fugro has expanded its uncrewed surface vessel (USV) fleet with the addition of a new Blue Essence vessel which has received the highest level of UK coastguard approval. Fugro Vaquita has joined Fugro’s 12-meter Blue Essence USV fleet and has earned Category 0 approval from the UK Maritime Coastguar

about 2 years ago
Illustration; Source: CNOOC
Outlook & Strategy

CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante

CNOOC plans to step up oil and gas production and scale up natural gas exploration activities while pursuing its energy transition agenda.

about 2 years ago
Italy welcomes hydrogen refuelling infrastructure for recreational boating
Outlook & Strategy

Italy welcomes hydrogen refuelling infrastructure for recreational boating

A €100 million green hydrogen refuelling infrastructure for recreational boating, a project led by NatPower H, part of the NatPower group, is set to see its first station installed in Italy by the summer of 2024. According to NatPower H, the project, which aims to install a total of 100 refuelling s

about 2 years ago
Stellamar_launch
Outlook & Strategy

ESL Shipping has a robust plan to achieve net zero by 2040

Finland-based shipping company ESL Shipping has joined the Science Based Targets initiative (SBTi), committing to setting both near-term and long-term science-based emission reduction targets aligned with the goal of limiting global warming to 1.5°C above pre-industrial levels. In 2021, ESL Shipping

about 2 years ago
Chief sustainability officer
Outlook & Strategy

Panama Canal gets its first-ever chief sustainability officer

The Panama Canal has appointed its first-ever Chief Sustainability Officer (CSO) who will drive the waterway’s environmental sustainability agenda.

about 2 years ago
Ocean Infinity takes delivery of eight and final ammonia-ready Armada vessel
Outlook & Strategy

Ocean Infinity takes delivery of eighth and final ammonia-ready Armada vessel

Houston-based marine robotics company Ocean Infinity has taken delivery of the last in a series of eight new high-tech, ammonia-ready Armada vessels. The vessel NB 941 was delivered by Vard Vung Tau in Vietnam on January 24. Vard received a contract to design and build these highly advanced, 78-mete

about 2 years ago
Ireland: Testing reveals potential for next-gen marine turbine
Outlook & Strategy

Ireland: Testing reveals potential for next-gen marine turbine

The University of Galway has completed testing of a next-generation marine hydrokinetic turbine foil for renewable energy, said to have shown potential for a next-generation marine turbine. The testing program is part of the €3.9 million European Commission’s Horizon 2020-funded CRIMSON project and

about 2 years ago
Seaside LNG
Outlook & Strategy

Seaside LNG completes inaugural bunkering of Carnival Jubilee

U.S.-based LNG production and maritime transportation logistics provider Seaside LNG has carried out its first LNG delivery to the Carnival Jubilee, an LNG-propelled cruise ship stationed in Galveston, Texas. Carnival Jubilee, owned by Carnival Corporation & plc, was built by German shipbuilder Meye

about 2 years ago
Jiangnan Shipyard choses GTT tank design for Jovo’s LNG carrier
Outlook & Strategy

GTT nets technical services contract for JOVO-operated LNG carriers

French LNG containment specialist GTT has signed two technical services agreements (TSA) with China-based energy supplier JOVO, with contracts covering GTT’s assistance and operational support for JOVO-operated LNG carriers (LNGCs). GTT said it will provide its field expertise for inspections, maint

about 2 years ago
ACME and IHI pen green ammonia supply deal
Outlook & Strategy

ACME and IHI pen green ammonia supply deal

India’s ACME Group and Japan’s IHI Corporation have signed an offtake term sheet for the supply of green ammonia from India to Japan. The term sheet covers the supply of 0.4 MMTPA of green ammonia from Phase-1 of the Odisha project on a long-term basis, ACME said, noting that both companies wish to

about 2 years ago
ewolf Crowley
Outlook & Strategy

U.S. welcomes its 1st fully electric tugboat eWolf

Florida-based marine company Crowley has taken delivery of eWolf, the first all-electric, ship-assist harbor tugboat in the U.S. Crafted under the expertise of Florida-based Crowley, the 82-foot (25-meter) eWolf is designed as a zero-emission vessel as it would operate fully electric. eWolf has a 6-

about 2 years ago
Floating solar poised to play 'critical role' in land-lacking Southeast Asia
Outlook & Strategy

Floating solar poised to play ‘critical role’ in land-lacking Southeast Asia

With a lack of suitable sites for onshore solar farms intensifying the need for innovative solutions, floating solar is expected to play a key role in Southeast Asia’s solar expansion, according to Rystad Energy research. Solar photovoltaic (PV) capacity additions are poised to be a central pillar o

about 2 years ago
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