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Outlook & Strategy

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CorPower Ocean's C4 wave energy device offshore Portugal (Courtesy of CorPower Ocean)
Outlook & Strategy

TotalEnergies gets onboard CorPower Ocean’s Pilot Access Program

French multi-energy major TotalEnergies has joined CorPower Ocean’s Pilot Access Program to evaluate wave energy technology as one of the solutions for decarbonization.

about 2 years ago
Illustration/Floating Power Plant's floating wind and wave hybrid concept (Courtesy of Floating Power Plant)
Outlook & Strategy

Floating Power Plant formalizes €26M grant agreement with EU for Seaworthy project

Danish renewable energy developer Floating Power Plant has just signed a €26 million grant agreement with the European Commission’s Innovation Fund for the Seaworthy project, which integrates floating wind, wave energy, and hydrogen production.

about 2 years ago
COP28: 39 countries endorse declaration for mutual recognition of hydrogen standards
Outlook & Strategy

COP28: 39 countries endorse declaration for mutual recognition of hydrogen standards

A global initiative for the mutual recognition of certification systems for hydrogen and derivatives has been presented at COP28 in Dubai. During a “High Level Roundtable on Hydrogen” event on December 5, the flagship Hydrogen Declaration of Intent to pursue mutual recognition of hydrogen certificat

about 2 years ago
Metacon unifies its brand platform to boost market visibility
Outlook & Strategy

Metacon unifies its brand platform to boost market visibility

Helbio, a wholly-owned Greek subsidiary of the Swedish manufacturer of energy systems for green hydrogen production Metacon AB, is changing its name to Metacon S.A., along with integrating the company’s operations into Metacon AB’s IT, branding and financial platform, thus consolidating Metacon as a

about 2 years ago
bulker powered by ammonia
Outlook & Strategy

WinGD seals four-way partnership for CMB.TECH ammonia engines

Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin

about 2 years ago
SK E&S and partners aim to build Korea’s largest low-carbon hydrogen plant
Outlook & Strategy

SK E&S and partners aim to build Korea’s largest low-carbon hydrogen plant

SK E&S, a part of South Korean conglomerate SK Group, has partnered with GE Vernova, Air Liquide Engineering & Construction, Chungcheongnam-do Government, and Korea Midland Power (KOMIPO) for the construction of the largest low-carbon hydrogen plant in Korea. To this end, SK E&S and its global partn

about 2 years ago
ZEPA
Outlook & Strategy

Zero Emission Port Alliance launched at COP28

The Netherlands-based terminal operator APM Terminals and the UAE-based port developer and operator DP World have formed the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate the journey to zero emissions for container handling equipment (CHE) at ports.

about 2 years ago
Indian firm inks $5B MoU for decarbonization projects, including hydrogen
Outlook & Strategy

Indian firm inks $5B MoU for decarbonization projects, including hydrogen

India’s renewable energy company ReNew Energy Global has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects, including green hydrogen. Specifically, the MoU, signed at COP28, identifies potential invest

about 2 years ago
Berge Bulk Olympus
Outlook & Strategy

IWSA: More wind-powered ships than large cargo vessels running on low and zero-carbon fuels

The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig

about 2 years ago
Shipping
Outlook & Strategy

Blue Mediterranean Partnership gains momentum with €1 billion investment pledge at COP28

The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa

about 2 years ago
EcoCoaster
Outlook & Strategy

Methanol-ready ECOaster vessel design wins DNV’s green light

A methanol-ready ship concept developed in Oldenburg, Germany, has received Approval in Principle (AIP) from the international classification society DNV. The project is supported by the companies claus rodenberg waldkontor, Fehn Ship Management, Reederei Rörd Braren, and HB Hunte Engineering, which

about 2 years ago
SCZONE
Outlook & Strategy

SCZONE, Scatec ink $1.1 billion MoU for green bunkering in East Port Said

On the sidelines of COP28, a $1.1 billion memorandum of understanding (MOU) for green bunkering in Egypt has been signed.

about 2 years ago
New joint study looking into Oman-Netherlands liquid hydrogen corridor
Outlook & Strategy

New joint study looking into Oman-Netherlands liquid hydrogen corridor

The Government of Oman and Hydrom have signed an agreement with Port of Amsterdam, Zenith Energy Terminals, and GasLog to jointly study the development of a liquid hydrogen supply chain that will deliver Omani green hydrogen to the Amsterdam port and onwards to Europe. The agreement was signed at th

about 2 years ago
CEPSA
Outlook & Strategy

Cepsa and Maersk-backed C2X to develop largest green methanol plant in Europe

Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat

about 2 years ago
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