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Outlook & Strategy

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XL unmanned underwater vehicle begins sea trials
Outlook & Strategy

XL unmanned underwater vehicle begins sea trials

Canada’s Cellula Robotics has commenced sea trials of its extra-large unmanned underwater vehicle (XLUUV), featuring hydrogen fuel cell technology. The initial sea trials of the Solus-XR XLUUV are designed to evaluate surface performance and autonomy, said to offer a valuable opportunity to assess t

about 2 years ago
Triton-C wave energy device heading to deployment site in Hawaii (Courtesy of Oscilla Power)
Outlook & Strategy

US wave energy company wraps preps ahead of Hawaii deployment

Oscilla Power has completed two key preliminary steps in preparation for the launch of its Triton-C wave energy converter at the Wave Energy Test Site (WETS) in Hawaii.

about 2 years ago
Technip Energies presents LNG train solution SnapLNG
Outlook & Strategy

Technip Energies presents LNG train solution SnapLNG

Engineering and technology company Technip Energies has announced SnapLNG, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production. It is a 2.5 mtpa electrically driven LNG train solution comprised of reproducible modules ready for delivery and installation. T

about 2 years ago
Prysmian completes all activities for Viking Link
Outlook & Strategy

Prysmian completes all activities for Viking Link

Prysmian Group has completed the installation and HV testing activities of its submarine and land power cables for the Viking Link interconnector connecting the UK and Denmark. Prysmian was awarded the contract worth approximately €700 million in August 2019 by the UK’s National Grid and Danish Ener

about 2 years ago
Höegh LNG Aker bp
Outlook & Strategy

Höegh LNG, Aker BP forge alliance on CO2 transportation and storage

Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c

about 2 years ago
MHI secures FEED contract for hydrogen fluoride plant in Kitakyushu City
Outlook & Strategy

MHI secures FEED contract for hydrogen fluoride plant in Kitakyushu City

Japan’s Mitsubishi Heavy Industries (MHI) has received an order for the front-end engineering and design (FEED) of a hydrogen fluoride production plant, including utility facilities, in Hibikinada Oceanfront Industrial Park in Kitakyushu City, Fukuoka Prefecture. The order came from Mexichem Fluor J

about 2 years ago
Video: Teekay’s Arctic LNG tanker transiting the Northern Sea Route
Outlook & Strategy

Gibson: Russia targeting year-round sailing in Northern Sea Route as early as 2025

Voyages through the Northern Sea Route (NSR) have long been on the radar, but recent developments indicate that Russia is now aiming to establish year-round sailing on this strategic maritime pathway as early as 2025, Gibson Shipbrokers said in a recent report. This ambitious goal comes as Russia se

about 2 years ago
ExoTechnologies and RONN team up on hydrogen propulsion
Outlook & Strategy

ExoTechnologies and RONN team up on hydrogen propulsion

The Isle of Man-based ExoTechnologies, the owner of Glasgow boat builder Ultimate Boats, and Arizona-based hydrogen car and truck maker RONN have entered a hydrogen propulsion partnership. The companies, which signed a Letter of Intent (LoI), are expected to develop clean hydrogen electric propulsio

about 2 years ago
World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)
Outlook & Strategy

In focus: Backed with government and private funding, offshore energy and shipping industries go full steam ahead towards net-zero future

Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas indu

about 2 years ago
COSCO Shipping energy DSIC
Outlook & Strategy

Sinopec and Cosco Shipping order three 175,000 cbm LNG carriers at Dalian

Chinese powerhouses Cosco Shipping Energy and Sinopec Kantons Holdings, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), have signed an order for the construction of three 175,000 cbm liquified natural gas carriers with the compatriot shipbuilder Dalian Shipbuilding Industry Co. Det

about 2 years ago
SCZONE
Outlook & Strategy

Egyptian President clears East Port Said container terminal 2 concession deal with Maersk

Egyptian President Abdel Fattah El- Sisi signed the law of the concession for Container Terminal 2 in East Port Said Port to the Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s terminal brand APM Terminals. The contract includes financing, design, development, managemen

about 2 years ago
World Energy GH2 secures land approval for its green hydrogen project
Outlook & Strategy

World Energy GH2 secures land approval for its green hydrogen project

Canadian renewable energy company World Energy GH2 has been granted approval of Crown land application by the province of Newfoundland and Labrador for its large-scale green hydrogen project – Project Nujio’qonik. The company said that the land approval marks its latest major achievement and propels

about 2 years ago
VM Filtree system Value Group
Outlook & Strategy

Shell Ventures invests in Value Group

Dutch sustainability firm Value Group, which brings together sister companies Value Maritime and Value Carbon, revealed that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy. Shell Ventures, the corporate ven

about 2 years ago
Illustration/Verdant Power’s RITE Project (Courtesy of US DOE/ Photo by Paul Komosinski, Drone Altitude/for NREL)
Outlook & Strategy

US government to fund research to improve offshore wind and marine energy deployments

The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States.

about 2 years ago
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