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FET targets better presence in Brazil with appointment of local partner
Outlook & Strategy

FET targets better presence in Brazil with appointment of local partner

Subsea technology provider Forum Energy Technologies (FET) has appointed a Brazilian company to represent its subsea operations in this South American country. FET reported earlier in August that it had established a partnership with UnderOcean Servicos Maritimos under which the Brazilian company wi

about 3 years ago
Navtek; World’s first zero-emissions tugboat proves performance
Outlook & Strategy

Tongfang Jiangxin wins batch tugboat construction project contract

In the bidding for the batch tugboat construction project of Sinopec Shengli Oilfield Branch, Tongfang Jiangxin Shipbuilding won the 2023 Shengli Oilfield Offshore Oil Ship Center 4 A 5000 HP full-turn tugboat construction project contract. According to the China Association of the National Shipbuil

about 3 years ago
British National Gas picks Wood to design future grid
Outlook & Strategy

British National Gas picks Wood to design future grid

Britain’s National Gas has appointed Wood to digitally upgrade 7,600 kilometers of essential pipelines, compressor stations and terminal infrastructure as part of its commitment to the energy transition. Through a five-year framework agreement, Wood said it will apply digital solutions to transform

about 3 years ago
Hudong-Zhonghua starts building 1st LNG carrier for COSCO and Sinochem
Outlook & Strategy

Hudong-Zhonghua starts building 1st LNG carrier for COSCO and Sinochem

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started construction of the first LNG carrier for compatriot COSCO Shipping Energy and Sinochem Petroleum. According to the shipbuilder’s statement, the construction of the 174,000 m3 LNG carrier began on 8 August at the Changxing Shipbuilding Bas

about 3 years ago
Titan Unikum
Outlook & Strategy

Titan converts newly acquired ships to LNG-bunkering vessels

Dutch bunker supplier Titan has completed the conversion of its recently acquired vessels, Titan Unikum and Titan Vision, into state-of-the-art LNG bunker vessels. The company bought the two ships at the beginning of 2023 from Canadian gas transportation company Seapeak for bunkering retrofit. Titan

about 3 years ago
Illustration/Aqua Power Technologies’ MANTA wave energy device at salmon farm (Courtesy of Aqua Power Technologies)
Outlook & Strategy

US national lab seeks input on use of wave energy devices for powering offshore aquaculture

Pacific Northwest National Laboratory (PNNL) is seeking views from wave energy developers whose devices are capable of powering offshore aquaculture operations to better understand the potential of co-locating such projects.

about 3 years ago
POSD Crowley Charging Station Groundbreaking
Outlook & Strategy

Crowley, Port of San Diego break ground for all-electric tugboat charging station

Florida-based marine company Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. The eWolf, under continuing construction at Master Boat Builders, is a crucial component of th

about 3 years ago
The AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Outlook & Strategy

Crown Estate Scotland launches survey for tidal and wave energy sectors

Offshore Renewable Energy (ORE) Catapult has laid out plans to carry out an in-depth survey of developers working in the tidal and wave energy sectors on behalf of Crown Estate Scotland.

about 3 years ago
ÈTA Shipping
Outlook & Strategy

Mercuria, ÈTA Shipping team up on construction of up to 16 electric ships

The global energy and commodity group, Mercuria, has partnered with maritime innovator ÈTA Shipping to establish a joint venture. This collaboration aims to build six initial electric short sea vessels, with an option for an additional ten ships. The construction of these vessels will be carried out

about 3 years ago
Proman and Origin team up on low-carbon biofuel production
Outlook & Strategy

Proman and Origin team up on low-carbon biofuel production

Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to

about 3 years ago
DHT Holdings
Outlook & Strategy

DHT Holdings fits scrubbers on entire fleet, clamps down on newbuilding pricing as ‘unjustified’

Crude oil tanker company DHT Holdings has completed the installation of three exhaust gas cleaning systems in the second quarter of 2023 and now all 23 very large crude carriers (VLCCs) in the company’s fleet are scrubber-fitted. Scrubbers, also known as exhaust gas cleaning systems, allow companies

about 3 years ago
Konecranes
Outlook & Strategy

Konecranes to provide 7 hybrid RTGs to CMA CGM Kaohsiung Terminal

Finnish crane manufacturer Konecranes has won an order from CMA CGM Kaohsiung Terminal Co. Limited to supply 7 hybrid Konecranes Noell Rubber-Tired Gantry (RTG) cranes to their container handling terminal at the main port in Taiwan. The order is part of CMA CGM Group’s efforts to streamline their op

about 3 years ago
New Fortress Energy publishes Q2 2023 results
Outlook & Strategy

New Fortress Energy publishes Q2 2023 results

U.S. energy infrastructure company New Fortress Energy (NFE) has revealed its financial results and business achievements for the second quarter of 2023. The company reported adjusted EBITDA of $246 million in the second quarter of 2023 and $686 million in the first half of 2023, as well as net inco

about 3 years ago
Sunlit Sea’s 60kWp floating solar unit in Mannheim, Germany (Courtesy of Sunlit Sea)
Outlook & Strategy

Sunlit Sea installs 60kWp floating solar unit in Germany

Norwegian company Sunlit Sea has installed a 60kWp floating solar unit in Germany as part of the partnership with Rixen Cableway, formed to revolutionize water sports industry and to make it more sustainable.

about 3 years ago
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