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Outlook & Strategy

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Baru new York KCC
Outlook & Strategy

Klaveness Combination Carriers outfitting vessels with Starlink

Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, is embarking on an initiative to enhance vessel connectivity through a pilot program with Starlink, a satellite internet service provided by Marlink. Through this endeavor KCC aims to facilitate digital c

about 2 years ago
Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects
Outlook & Strategy

Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects

Spanish energy company Enagás and Port of Huelva have signed an agreement to facilitate the integration of renewable gases such as hydrogen and BioLNG into the integrated logistics chain and promote future decarbonisation projects at the Enagás plant in Huelva. The agreement aims to establish the gr

about 2 years ago
Zuidnatie Terminal
Outlook & Strategy

A power bank for ships? Belgium’s terminal says, ‘Why not?’

A pilot project was launched at Zuidnatie’s terminal in Antwerp in which shore power was connected to the ocean-going vessel UAL Osprey, an ocean going vessel owned by UK-based shipping company Carisbrooke Shipping, by means of a Zenobē battery. This makes Zuidnatie the first terminal in Belgium to

about 2 years ago
Norwegian firms merging to make 'strong full-service energy data company'
Outlook & Strategy

Norwegian firms merging to make ‘strong full-service energy data company’

Norwegian seismic companies PGS and TGS are merging their businesses to create what they say will be a full-service geophysical data company, pursuing potential in new energy with complementary technology offerings for carbon capture and storage (CCS) and offshore wind. TGS and PGS agreed on the pri

about 2 years ago
KN starts Klaipeda LNG capacity allocation
Outlook & Strategy

KN starts Klaipeda LNG capacity allocation

Lithuanian Klaipeda LNG terminal operator Klaipedos Nafta (KN) has offered the market 9 TWh of the LNG terminal regasification capacities for the period from 2025 to 2032 and from 2033 onwards. The National Energy Regulatory Council approved the updated allocation model at the end of July, and accor

about 2 years ago
DSCI CMES
Outlook & Strategy

CMES pens contract for world’s 1st methanol-fuelled VLCC

Just weeks after making headlines with its ambitious announcement at the end of August, China Merchants Energy Shipping (CMES) has swiftly moved forward with the order of the world’s first methanol dual-fuel Very Large Crude Carrier (VLCC). As previously announced, Dalian Shipbuilding Industry Group

about 2 years ago
Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia
Outlook & Strategy

Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine, and Genting Oil & Gas Limited (GOGL), via its wholly-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG), have entered into a limited notice to proceed agreement (LNTP) to purchase $43.04 million of long lead items for a 1

about 2 years ago
Ammonia
Outlook & Strategy

Next on the horizon: A naming ceremony for an ammonia-powered ship?

Thursday witnessed a momentous occasion in the annals of container shipping, one that reverberated with promises of greener, more sustainable days ahead for the maritime industry. The naming ceremony of the world’s first methanol-powered containership, the Laura Maersk, took center stage, signifying

about 2 years ago
The installation of EEL Energy’s tidal turbine in Rhône river (Courtesy of EEL Energy)
Outlook & Strategy

French tidal energy company eyes up to €2M of fresh funding

French company EEL Energy is looking to raise up to €2 million in new funding to help advance its tidal energy technology and projects.

about 2 years ago
SCZONE, Dutch officials pen cooperation deal to boost green fuel investments
Outlook & Strategy

SCZONE, Dutch officials pen cooperation deal to boost green fuel investments

Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), and the Dutch consortium and Rotterdam City have signed a cooperation protocol that aims to attract investments in establishing green hydrogen production plants and facilities. The parties signed the deal during El-Dien’s meeti

about 2 years ago
CalWave’s x1 wave energy pilot device (Courtesy of CalWave Power Technologies)
Outlook & Strategy

CalWave joins United Nations carbon-free energy movement

CalWave Power Technologies, a California-based developer of wave energy technologies, has joined the 24/7 Carbon-Free Energy Compact, a community that works to provide clean energy for all – powered by sustainable solutions.

about 2 years ago
CF Industries and POSCO sizing up U.S.-based clean ammonia production with offtake into South Korea
Outlook & Strategy

CF Industries and POSCO sizing up U.S.-based clean ammonia production with offtake into South Korea

U.S. ammonia producer CF Industries Holdings and South Korea’s steelmaking and energy trading company POSCO Holdings have announced that they are evaluating a joint venture to construct a low-carbon clean ammonia plant at CF Industries’ Blue Point Complex in Ascension Parish, Louisiana, U.S., along

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten

about 2 years ago
21 carbon storage licenses awarded in UK’s landmark licensing round
Outlook & Strategy

21 carbon storage licenses awarded in UK’s landmark licensing round

A total of 14 companies have been awarded 21 licenses in the UK’s first-ever carbon storage licensing round – said to have the potential to store almost 10% of UK greenhouse gas emissions. The North Sea Transition Authority (NSTA) announced on 15 September that 14 companies had accepted licenses in

about 2 years ago
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