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Outlook & Strategy

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First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer
Outlook & Strategy

First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer

SABIC Agri-Nutrients, a petrochemical company from Saudi Arabia, in collaboration with energy company Aramco, has sent the first commercial shipment of low-carbon ammonia to Taiwan Fertilizer Company. On its social media, SABIC said the shipment reflects its commitment to delivering low-carbon solut

about 3 years ago
Trames Diez vessel installing pressure pipe off Canary Islands (Courtesy of Wavepiston)
Outlook & Strategy

Wavepiston makes progress on wave-powered desalination system in Canary Islands

Danish company Wavepiston has informed it is on a good track to deploy its first full-scale wave energy system for power generation and desalination off Canary Islands.

about 3 years ago
Guangzhou Shipbuilding International EPS
Outlook & Strategy

Eastern Pacific inks deal for up to 4 dual-fuel LR II tankers with GSI

Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a construction contract for 2+2 LNG dual-fuel LRII tankers with Chinese shipyard Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation, and CSSC Trading. The order for the 111,0

about 3 years ago
Fault found at first UK-Norway interconnector
Outlook & Strategy

Fault found at first UK-Norway interconnector

A fault has been found on the 1,400 MW North Sea Link (NSL) that connects the UK and Norway causing the interconnector to operate at half capacity. Norway’s Statnett reported yesterday, 8 June, that a fault caused the unavailability of the NSL interconnector in the afternoon and the project will be

about 3 years ago
Illustration; Source: EIA
Outlook & Strategy

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago
TGE Gas Engineering wins EPC contract for Shenzhen LNG project
Outlook & Strategy

TGE Gas Engineering wins EPC contract for Shenzhen LNG project

Natural gas distribution company Shenzhen Gas Corporation has awarded LNG storage contractor TGE Gas Engineering with an EPC contract for the Shenzhen LNG Storage and Peak Shaving II expansion project in China. TGE will perform this project in a consortium with CIMC Enric Engineering Technology (CET

about 3 years ago
Viridis Bulk Carriers
Outlook & Strategy

Viridis Bulk Carriers gets DNV’s green light for ammonia-fuelled short sea bulker

Shipping startup Viridis Bulk Carriers has won Approval in Principle (AiP) for its ammonia-fuelled short sea bulk carrier design from the DNV classification society. The certificate was presented during the Nor-Shipping trade fair at the DNV stand. The Viridis Bulk Carriers design, developed by Kong

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Outlook & Strategy

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Fratelli Cosulich forms LNG bunkering partnership with Titan
Outlook & Strategy

Fratelli Cosulich forms LNG bunkering partnership with Titan

Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, on 6 June, Fratelli Cosulich signed a long-term time charter

about 3 years ago
LX International enters LNG terminal business
Outlook & Strategy

LX International enters LNG terminal business

South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilities in Dangjin, Chungcheongnam-do, and enter the LNG terminal business to lease and operate the facilities. To this end, LX International, P

about 3 years ago
DNV SMF
Outlook & Strategy

DNV study: Overwhelming majority of seafarers in need of advanced tech & new fuels training

A staggering 81 percent of seafarers expressed a necessity for partial or complete training to effectively handle the advanced technologies expected to be deployed on future ships, a DNV study has found. Additionally, over 75 percent of respondents (Deck and Engine Officers 78%) indicated a need for

about 3 years ago
Visual concept of Hurtigruten Norway's Sea Zero initiative
Outlook & Strategy

Hurtigruten’s 1st zero-emission ship to feature electric propulsion, retractable sails, and AI maneuvering

Cruise company Hurtigruten Norway has revealed the most promising technologies for its zero-emission ship set to be launched in 2030. The technologies have been selected following a year of research by the company alongside its consortium of 12 maritime partners and research institute SINTEF as the

about 3 years ago
Illustration/Wave energy device (Photo: YouTube/Screenshot)
Outlook & Strategy

United States hands out $1.2M for marine energy R&D projects

The US Department of Energy (DOE) has allocated $1.2 million for 23 projects to further marine energy research and development at its national laboratories.

about 3 years ago
Polish and Danish TSOs initiate cooperation on energy transition and security, hydrogen and biomethane on the table
Outlook & Strategy

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table

Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

about 3 years ago
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