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DSIC and Jiangsu team up for LNGC cargo containment system project
Outlook & Strategy

DSIC and Jiangsu team up for LNGC cargo containment system project

China’s Dalian Shipbuilding Industry Company (DSIC) and Jiangsu Yak have signed a contract for the cargo containment system construction project of ten 175,000 cubic meter LNG carriers (LNGCs). According to DSIC, the two parties will work together in construction, production management, safety manag

about 2 years ago
German partners shake hands for offshore wind surveys
Outlook & Strategy

German partners shake hands for autonomous offshore wind surveys

German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection

about 2 years ago
Illustration/Offshore energy crew preparing to install MeyGen tidal energy turbine off Scotland (Courtesy of SIMEC Atlantis)
Outlook & Strategy

UK: Offshore energy jobs could double by 2030 if successful transition from fossils to renewables is achieved

A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.

about 2 years ago
TotalEnergies launches call for tenders for green hydrogen supply
Outlook & Strategy

TotalEnergies launches call for tenders for green hydrogen supply

As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per

about 2 years ago
Illustration; Source: Qatargas, now QatarEnergy LNG
Outlook & Strategy

Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

about 2 years ago
Maersk
Outlook & Strategy

Laura Maersk is born: Ursula von der Leyen christens world’s 1st green containership

The world’s first containership powered by green methanol has officially been named in the picturesque city of Copenhagen, Denmark by the President of the European Commission Ursula von der Leyen. “I name you Laura Maersk! As you sail the waters of the world, may your journeys be smooth and your tas

about 2 years ago
OCI Global eyes increase in green methanol production capacity in U.S.
Outlook & Strategy

OCI Global eyes increase in green methanol production capacity in U.S.

Dutch producer and distributor of hydrogen-based products OCI Global has revealed plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high-emissions industries, including shipping. Acc

about 2 years ago
Fure Vinga
Outlook & Strategy

Furetank, Algoma sign up for two more Vinga ships

Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have expanded their FureBear joint venture, launched a year ago, with the order for two additional Vinga-class vessels. The new order for Vinga series vessels grows the FureBear joint venture to a total of ten

about 2 years ago
Japanese power cable company pinpoints location for factory in Europe
Outlook & Strategy

Japanese power cable company pinpoints location for factory in Europe

Japan-headquartered Sumitomo Electric has chosen the location for its planned power cable factory in Scotland, announced earlier this year as part of the company’s goal of expanding its business in Europe. Sumitomo Electric announced in April the plans to establish a power cable factory in Scotland

about 2 years ago
Crowley opacific reliance vessel
Outlook & Strategy

Crowley, SEACOR chart a new course with a tanker JV

Two titans of the global maritime and logistics industry, Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have joined forces to create a joint venture Fairwater Holdings LLC, a new, independent U.S. Jones Act service provider. The new company integrates the duo’s liquid energy a

about 2 years ago
C2X
Outlook & Strategy

A.P. Moller Holding-backed C2X to produce over 3 mln tonnes of green methanol by 2030

C2X, a new, independent company, backed by A.P. Moller Holding, the controlling shareholder of the A.P. Moller – Maersk, one of the world’s largest shipping and logistics companies, has unveiled plans to build large-scale green methanol production facilities. The move follows a successful fundraisin

about 2 years ago
Putin visits Zvezda complex, attends naming of Sovcomflot LNG carrier
Outlook & Strategy

Putin visits Zvezda complex, attends naming of Sovcomflot LNG carrier

Russia’s President Vladimir Putin has visited the Zvezda Shipbuilding Complex, located in Bolshoi Kamen, Primorsky Territory, taking part in the naming ceremony of two reinforced ice-class carriers. The first vessel, the shuttle tanker, built by the order of Rosnefteflot, was named after the Soviet

about 2 years ago
Maersk
Outlook & Strategy

WATCH: World’s 1st methanol-powered containership reaches final destination

The world’s first container vessel powered by green methanol has arrived in Copenhagen after completing a 21,500 km maiden trip from Ulsan, South Korea. The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenha

about 2 years ago
Wärtsilä to equip world’s first methanol-fueled hybrid RoRo vessels
Outlook & Strategy

Wärtsilä to equip world’s first methanol-fueled hybrid RoRo vessels

The world’s first methanol-fueled hybrid RoRo vessels, being built at the China Merchants Jinling Shipyard (Weihai) for the Swedish shipping company Stena RoRo, will use technology group Wärtsilä’s solutions. Specifically, Wärtsilä will supply an integrated hybrid propulsion system for the two vesse

about 2 years ago
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