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Outlook & Strategy

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Business Developments & ProjectsInfrastructurePorts & LogisticsTransitionGreen MarineVesselsBusiness & FinanceEnvironmentInnovationProject & TendersVisionAuthorities & GovernmentRegulation & PolicyResearch & DevelopmentSafetyMarket OutlooksCollaborationTechnology
Port of Virginia
Outlook & Strategy

Port of Virginia enters 2024 as the first US East Coast port powered by 100% clean energy

The Port of Virginia has become the first US East Coast port powered by 100 percent clean energy, achieving its clean energy goal eight years ahead of schedule.

about 2 years ago
Green Pioneer
Outlook & Strategy

MOL pens charter contract with Yara for ammonia carrier

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International ASA, the world’s largest nitrogen fertilizer manufacturer. The 2010-built vessel was delivered

about 2 years ago
The entire energy transition needs metals increasingly, says Allseas' Pieter Heerema
Outlook & Strategy

The entire energy transition needs metals increasingly, says Allseas’ Pieter Heerema

To combat climate change, the energy mix must shift from a mix that is dominated by fossil fuels, oil & gas, coal, to an energy mix that depends more on clean energy production methods. The good thing is that everyone is committed to achieving this goal. The challenge that comes with this is that a

about 2 years ago
Avenir Accolade completes first LNG bunkering off Malaysia
Outlook & Strategy

Avenir LNG inks charter deals for two LNG bunkering vessels

UK-based small-scale LNG company Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter agreement for Avenir Advantage with PETCO Trading Labuan Compan

about 2 years ago
PSA Mumbai
Outlook & Strategy

PSA Mumbai is India’s first 100% renewable energy-powered container terminal

PSA Mumbai, part of the international port operating group PSA, has achieved a major milestone in its emissions reduction journey by becoming India’s first 100% renewable powered container terminal on the commissioning of its 7.8MW solar farm with O2 Power.

about 2 years ago
First DC connection between Europe and North Africa gets €45 million from EIB
Outlook & Strategy

First DC connection between Europe and North Africa gets €45 million from EIB

Elmed, set to become the first direct current (DC) connection between Europe and North Africa, has secured €45 million in funding from the European Investment Bank (EIB). The €921 million project concerns the implementation of an HVDC link interconnecting Tunisia and Italy across the Strait of Sicil

about 2 years ago
Port of Trelleborg
Outlook & Strategy

Port of Trelleborg teams up with ENERCON to harness wind for green power

The Port of Trelleborg has inked a deal with German wind power company ENERCON for the construction of two 120-meter-high wind turbines. This move aligns with the port’s ambitious plan to become a major energy hub, ensuring self-sufficiency in energy production for its future needs, including shore

about 2 years ago
Tidal energy has potential to provide 11% of UK’s electricity demand, analysis says
Outlook & Strategy

Tidal energy has potential to provide 11% of UK’s electricity demand, analysis says

Tidal energy has the potential to provide 11.5 GW to the UK energy system, 11% of the UK’s electricity demand, and tidal stream projects could contribute up to £17 billion to the UK economy by 2050, according to Offshore Renewable Energy (ORE) Catapult and Imperial College London (ICL). In 2022, ORE

about 2 years ago
LNG
Outlook & Strategy

US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’

The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Singapore, and the United Kingdom issued a joint statement warning the Houthis against further attacks in the Red Sea. The statement is being issued on the heels of th

about 2 years ago
Report: US emerges as largest LNG exporter in 2023
Outlook & Strategy

Report: US emerges as largest LNG exporter in 2023

According to news agency Reuters, U.S. liquefied natural gas (LNG) exports have hit monthly and annual record highs in December, with analysts saying it has positioned the U.S. to become the largest exporter of LNG in 2023. “The U.S. was the stand out in global LNG supply growth in 2023,” Alex Munto

about 2 years ago
Wisdom Marine
Outlook & Strategy

Wisdom Marine, Synergy Group form ship management joint venture

Taiwan-based dry bulk shipowner Wisdom Marine and Singapore-based ship management company Synergy Group have launched a strategic bulk carrier joint venture.

about 2 years ago
TechnipFMC wins contract with Petrobras worth over $1 billion
Outlook & Strategy

TechnipFMC wins contract with Petrobras worth over $1 billion

TechnipFMC has secured a “major” integrated engineering, procurement, construction, and installation (iEPCI) contract with Brazilian state-owned oil and gas giant Petrobras for a project offshore Brazil. TechnipFMC reported it had won the contract to deliver the Mero 3 HISEP project which uses subse

about 2 years ago
Color line
Outlook & Strategy

Color Line’s ferry duo switches to biofuel

For the past month, Color Line’s two passenger ferries, linking Denmark and Norway, have been fueled exclusively with B100 biofuel, supplied and managed by marine fuel supplier Bunker One. Bunker One has supplied B100 biofuel to Color Line’s SuperSpeed 1 and 2 ferries travelling between Hirtshals in

about 2 years ago
Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping
Outlook & Strategy

Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping

“Catalytic ceramic membrane reactors allow us to generate hydrogen offshore via methanol-reforming or ammonia cracking and promote its application as a fuel,” said Mohit Jain, Research Associate at German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). At the Offshore Energy Exhibi

about 2 years ago
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