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Outlook & Strategy

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Hydrotug2
Outlook & Strategy

World’s 1st hydrogen-powered tug launched

The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th

about 2 years ago
Artemis Technologies
Outlook & Strategy

Artemis Technologies: Electric foiling boats ready to go global

UK-based maritime design and applied technologies company Artemis Technologies is taking Northern Ireland’s maritime capabilities into an exciting new era as it brings its ‘flying’ electric foiling boats to international markets with £2 million (about $2.5 million) backing from financial services co

about 2 years ago
AIP NACKS LR
Outlook & Strategy

NACKS wins LR approval for methanol-fueled Kamsarmax design

Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier. The design, which was unveiled with the announcement of a joint development project earlier this year, features methanol propulsion and rotor sail ca

about 2 years ago
MODEC SOFEC
Outlook & Strategy

MODEC’s SOFEC wins green light for its electric charging buoy

SOFEC, a MODEC Group company, has been awarded Approval in Principle (AiP) by the American Bureau of Shipping (ABS) for its electric charging buoy. “As a part of SOFEC’s commitment to the energy transition and renewable energy, we are pleased to announce that ABS has awarded the newly developed elec

about 2 years ago
SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside
Outlook & Strategy

SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside

SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through

about 2 years ago
Samskip
Outlook & Strategy

Eurazeo backs Samskip’s hydrogen-powered newbuilds with €22.5 million investment

Dutch logistics company Samskip Group has secured financing for its zero-emission short-sea container vessel through a strategic partnership with Eurazeo and Ness, Risan & Partners (NRP). The €22.5 million funding, part of the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund, marks the fifth

about 2 years ago
Illustration/HydroQuest’s concept for its next-gen 2.5MW FloWatt tidal turbines (Courtesy of HydroQuest)
Outlook & Strategy

ABL marks tidal power exclusion zone offshore France

ABL France has completed a marine technical study for French tidal energy developers Normandie Hydroliennes (NH) and HydroQuest to support safe development of tidal turbine pilot projects located off Normandy, France.

about 2 years ago
Baker Hughes and Chevron enter 20-year framework agreement
Outlook & Strategy

Baker Hughes and Chevron enter 20-year framework agreement

Baker Hughes has entered into a 20-year framework agreement with Chevron Australia for the supply of subsea production systems. Baker Hughes will offer its Aptara subsea production systems for Chevron Australia’s future offshore developments. According to the company, the Aptara suite is an array of

about 2 years ago
Atlantic area ports to explore the use of green hydrogen-based technologies
Outlook & Strategy

Atlantic area ports to explore the use of green hydrogen-based technologies

A consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the Atlantic area. The p

about 2 years ago
MT Maple
Outlook & Strategy

Singapore gets its first methanol bunkering vessel

Singapore, a global maritime bunkering hub, has welcomed the delivery of its first methanol bunkering vessel, marking another stride in its commitment to serve as a living lab for bunkering alternative fuels. This aligns with the broader maritime industry’s efforts toward decarbonization. Namely, St

about 2 years ago
Japanese trio initiates study on supplying ammonia as fuel to ships
Outlook & Strategy

Japanese trio initiates study on supplying ammonia as fuel to ships

Japanese companies JERA, NYK Line, and Resonac have signed an agreement to conduct a joint study on the supply of ammonia as fuel to ships. Under the agreement, the three companies will join forces to achieve the supply of ammonia fuel to a tugboat with a produced ammonia-fueled engine, A-tug, being

about 2 years ago
Zulu MASS
Outlook & Strategy

Zulu Associates unveils design for zero-emission wind-assisted English Channel vessel

Belgian maritime innovator Zulu Associates has revealed a new concept design of its 200 TEU autonomous short sea container vessel, the Zulu MASS, featuring an auxiliary wind assistance system.

about 2 years ago
Large-scale Dutch CO2 storage project passes to next phase
Outlook & Strategy

Large-scale Dutch CO2 storage project passes to next phase

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere

about 2 years ago
£1 billion contract awarded for UK subsea electricity superhighway2
Outlook & Strategy

£1 billion contract awarded for UK subsea electricity superhighway

A few months after having been selected as the preferred suppliers, the consortium of GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals has secured a £1 billion contract to deliver the HVDC converter stations for the 2 GW Eastern Green Link 1 (EGL1) subsea electricity superhighway

about 2 years ago
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