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Outlook & Strategy

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Pertamina
Outlook & Strategy

Pertamina expands fleet with VLGC duo as it targets addition of six gas carriers in 2024

Indonesia’s Pertamina International Shipping (PIS) has welcomed into the fleet two Very Large Gas Carriers (VLGC), optimized for transporting LPG and petrochemical commodities such as ammonia. The twin tankers, each spanning twice the length of a football field, were constructed at Hyundai Samho shi

about 2 years ago
Inpex to increase stake in Ichthys LNG project
Outlook & Strategy

Inpex to increase stake in Ichthys LNG project

Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interests (1.575%) held by Tokyo Gas in the Ichthys LNG project, through Tokyo Gas Australian project subsidiaries. Through this acquisition, Inpex said

about 2 years ago
Prep begins for Scottish subsea link's converter station construction
Outlook & Strategy

Prep begins for Scottish subsea link’s converter station construction

Enabling work has started in Peterhead for the proposed converter station for the Eastern Green Link 2 (EGL2) subsea electricity superhighway between Scotland and England. The joint venture project between SSEN Transmission and National Grid Electricity Transmission will see around 440 kilometers of

about 2 years ago
ICTSI
Outlook & Strategy

ICTSI commits to net zero GHG emissions by 2050

International Container Terminal Services (ICTSI), a port management company based in Manila, the Philippines, is taking a significant step towards a more sustainable future by committing to achieve net zero greenhouse gas (GHG) emissions for its Scope 1 and 2 emissions by 2050.

about 2 years ago
HDKSOE
Outlook & Strategy

HD KSOE won orders for 25 ships since the beginning of 2024 worth over $2.15 billion

HD Korea Shipbuilding & Marine Engineering, the holding entity of HD Hyundai Shipbuilding Division, has kickstarted the year on a high note with a flurry of orders. Namely, since the beginning of the year, the South Korean shipbuilding major has signed construction contracts for a total of 25 ships

about 2 years ago
Danish PtX equipment manufacturer expands activities globally
Outlook & Strategy

Danish PtX equipment manufacturer expands activities globally

Danish Eltronic PtX, a manufacturer of equipment for the Power-to-X (PtX) industry, established in early 2023, is broadening activities in Denmark and the United States (U.S.). A new 3000 square meter facility is currently being planned at Eltronic’s headquarters in Denmark, with the company also pl

about 2 years ago
Italian TSO puts submarine drone for seabed surveys to test
Outlook & Strategy

Italian TSO puts submarine drone for seabed surveys to test

Italian transmission system operator (TSO) Terna has launched a project in cooperation with U.S. startup Terradepth focused on testing innovative approaches to surveying the seabed for planning environmentally friendly submarine electrical connections. As part of Project Odisseo, the first test was

about 2 years ago
Port of Hamburg
Outlook & Strategy

New joint venture to scale up renewable energy use in Port of Hamburg

Hamburg Port Authority (HPA) and electricity supplier Hamburger Energiewerke (HEnW) have decided to create a joint venture to drive forward the decarbonisation of the Port of Hamburg.

about 2 years ago
Texas LNG concludes preliminary LNG supply deal with EQT
Outlook & Strategy

Texas LNG concludes preliminary LNG supply deal with EQT

Glenfarne Energy Transition’s subsidiary Texas LNG Brownsville has signed a heads of agreement (HOA) with Pittsburgh-based EQT Corporation for natural gas liquefaction services, anticipating the finalization of a definitive 15-year LNG tolling agreement for 0.5 mtpa of LNG from the first train of Te

about 2 years ago
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Outlook & Strategy

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago
ECSA
Outlook & Strategy

ECSA welcomes Polish Shipping Association as new member

The European Community Shipowners’ Associations (ECSA) has welcomed the Polish Shipping Association as a full member.

about 2 years ago
New partnership to work on CCUS and hydrogen value chains in Singapore
Outlook & Strategy

New partnership to work on CCUS and hydrogen value chains in Singapore

Keppel, Chevron Singapore, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy have signed a memorandum of understanding (MoU) to collaborate on lower carbon opportunities to support Singapore’s aspiration of achieving net-zero emissions by 2050. Co

about 2 years ago
Great Eastern Shipping teams up with Harbor Lab
Outlook & Strategy

Great Eastern Shipping teams up with Harbor Lab

India’s largest private shipping company Great Eastern Shipping Co. Ltd. has joined forces with Greece-based maritime software company Harbor Lab in a digitalization partnership aimed at optimizing port cost management. Under the collaboration, Great Eastern Shipping has chosen to utilize the full s

about 2 years ago
Japanese firms ink FEED deal for liquefied hydrogen supply chain
Outlook & Strategy

Japanese firms ink FEED deal for liquefied hydrogen supply chain

Japanese firms Kawasaki Heavy Industries, Toyo Engineering Corporation, JGC Corporation and Chiyoda Corporation have signed a joint venture agreement to enhance the front-end engineering design (FEED) execution for a liquefied hydrogen supply chain in development by Japan Suiso Energy (JSE). Accordi

about 2 years ago
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