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Illustration/The AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis Energy)
Outlook & Strategy

Alderney invites bids for new tidal energy projects

The government of Alderney has invited global tidal energy developers to submit proposals on how they would harness the estimated 3GW of tidal energy resources around the northernmost Channel island.

about 3 years ago
FSO Safer
Outlook & Strategy

EEC expresses interest in recycling FSO Safer as salvage operation moves forward

Netherlands-based Elegant Exit Company (EEC), which specializes in the sustainable recycling of veteran ships by converting them into green steel, has voiced interest in recycling FSO Safer. The rapidly decaying supertanker is at the center of a United Nations-led mission worth over $100 million to

about 3 years ago
Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030
Outlook & Strategy

Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030

In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA

about 3 years ago
Shipping
Outlook & Strategy

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago
Equinor taps Aker Solutions for 'first, umbilical-less TH installation'
Outlook & Strategy

Equinor taps Aker Solutions for ‘first, umbilical-less TH installation’

Norway’s state-owned energy giant Equinor has awarded compatriot Aker Solutions with a contract for the first delivery of its Submersible Wireless Installer for Tubing (SWIFT). According to Aker Solutions, the advantage of SWIFT includes OPEX and carbon-footprint savings for operators by providing u

about 3 years ago
Ciel & Terre’s 73.4MWp Kayamkulam floating solar plant in India (Courtesy of Ciel & Terre)
Outlook & Strategy

French company becomes GW-scale floating solar player

France-based company Ciel & Terre has exceeded 1.5GWp of floating solar projects in its pipeline, claiming the world-record for the company with the most floating solar plants constructed in the world.

about 3 years ago
ammonia-powered
Outlook & Strategy

Clarksons: 48% of orderbook embracing alternative fuels with 191 ships ammonia-ready

A total of 5.5% of fleet capacity today is alternatively fuelled, up from 2.3% in 2017, according to Clarksons’ Green Technology Tracker, which estimates the figure to reach 6.5% by 2025. Although alternative-fuelled newbuild ordering has been a little slower in 2023 to date, 48% of overall orderboo

about 3 years ago
Illustration/Dragon 4 towing in Faroe Islands (Courtesy of Minesto)
Outlook & Strategy

Minesto hits a snag with Dragon 4 tidal energy kite’s offshore trials

Swedish company Minesto has retrieved its Dragon 4 tidal energy unit in Faroe Islands, amid interruption of electricity production during tests in Vesmanna.

about 3 years ago
Tidal turbine foil made for ORPC device as part of CRIMSON Project (Courtesy of ÉireComposites)
Outlook & Strategy

CRIMSON tidal energy project enters next phase

The EU-backed CRIMSON project has moved to the next stage with the delivery of new foils for ORPC’s tidal energy turbine.

about 3 years ago
JERA, EnBW and VNG looking into ammonia cracker demonstration plant in Rostock
Outlook & Strategy

JERA, EnBW and VNG looking into ammonia cracker demonstration plant in Rostock

Japanese energy company JERA and its two German counterparts EnBW and VNG have teamed up to study the feasibility of constructing an ammonia cracker demonstration plant. To this end, the parties signed a memorandum of understanding (MoU) to jointly examine the feasibility of the construction of a de

about 3 years ago
nogaps
Outlook & Strategy

In focus: Clean fuels make a grand entrance into maritime and offshore energy space

The decarbonization of maritime industry is increasingly picking up pace, led by new zero-emissions and hybrid-powered vessels, as ever-innovative offshore renewables sector finds new ways to produce green hydrogen – one of the most promising clean fuels in the energy transition story.

about 3 years ago
Spanish government greenlights El Musel LNG terminal start-up
Outlook & Strategy

Spanish government greenlights El Musel LNG terminal start-up

El Musel LNG terminal in Gijón has received administrative authorization for its start-up from the Spanish Ministry for the Ecological Transition and the Demographic Challenge. According to the Spanish energy company Enagás, the technical conditions for the provision of LNG logistics services at the

about 3 years ago
Delfin
Outlook & Strategy

MOL invests in FLNG developer Delfin Midstream

Mitsui O.S.K. Lines (MOL) has entered into a strategic investment agreement with Delfin Midstream Inc, an LNG export infrastructure development company utilizing low-cost FLNG technology solutions. Delfin is the parent company of Delfin LNG and Avocet LNG LLC. Delfin LNG is a brownfield Deepwater Po

about 3 years ago
MOL Naomi Matsushita
Outlook & Strategy

MOL appoints 1st female captain

Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. The decision marks a significant step forward for gender diversity in the Japanese maritime sector, as it is the first time a female seafarer has as

about 3 years ago
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