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Outlook & Strategy

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Yang Ming
Outlook & Strategy

Yang Ming, HD Hyundai Heavy Industries seal deal for five 15,500 TEU LNG-fuelled containerships

Taiwanese shipping company Yang Ming Marine Transportation Corporation has signed a contract with South Korea’s shipbuilding major HD Hyundai Heavy Industries Co., for the en bloc construction of five 15,500 TEU LNG dual fuel container vessels. These new vessels are scheduled to be delivered in 2026

about 3 years ago
ammonia powered engine
Outlook & Strategy

MAN ES ignites excitement: Single-cylinder test of long-awaited ammonia engine about to kick off

German engine manufacturer MAN Energy Solutions says its long-awaited engine is ready to burn ammonia on a single cylinder.

about 3 years ago
Straatman adds mooring system to FSRU Toscana
Outlook & Strategy

OLT Offshore LNG Toscana sees increase in regasification capacity

Italian OLT Offshore LNG Toscana has received authorisation to increase its annual regasification capacity from the current 3.75 billion to about 5 billion standard cubic meters per year. OLT said the capacity increase does not involve plant modifications, but a greater utilisation of the existing p

about 3 years ago
Lloyd’s Register IECRE feasibility statement for Flex Marine Power’s tidal energy device (Courtesy of Lloyd’s Register)
Outlook & Strategy

Lloyd’s Register issues world’s first IECRE feasibility statement for tidal energy device

Scottish company Flex Marine Power has been awarded the world’s first IECRE feasibility statement by Lloyd’s Register for its SwimmerTurbine SW2 tidal energy converter.

about 3 years ago
One of the test facilities at Lir NOTF (Courtesy of Lir NOTF)
Outlook & Strategy

Irish test center opens doors for offshore renewable energy trials

The Lir-National Ocean Test Facility (Lir NOTF), in collaboration with the Sustainable Energy Authority of Ireland (SEAI), has launched a call for scaled physical testing of offshore renewable energy devices.

about 3 years ago
TotalEnergies and TES to develop large-scale e-NG production unit in US
Outlook & Strategy

TotalEnergies and TES to develop large-scale e-NG production unit in US

French energy major TotalEnergies and Belgian green hydrogen company Tree Energy Solutions (TES) have joined forces to study and develop a large-scale production unit in the United States (US) for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2. The project, expected t

about 3 years ago
ammonia fueled Ultramax bulk carrier concept together with PGT.
Outlook & Strategy

Pherousa introduces ammonia-to-hydrogen cracking tech on Deltamarin design, readies orders for 6 ammonia-powered bulkers

Norwegian Company Pherousa Green Shipping, in collaboration with Pherousa Green Technologies, has revealed plans to potentially order up to six Ultramax dry bulk carriers, developed in cooperation with Deltamarin in Finland, specifically tailored to run on ammonia as a fuel. The Ultramax ships will

about 3 years ago
Jan De Nul to install new UK interconnector
Outlook & Strategy

Jan De Nul to install new UK interconnector

Jan De Nul has secured a contract with Scottish and Southern Electricity Networks (SSEN) Distribution to deliver a new interconnector project in Scotland. Under the contract signed in November 2022, Jan De Nul will supply and install a new Pentland Firth interconnector this summer that will link mai

about 3 years ago
Cable installation works for Minesto's tidal energy kite (Courtesy of Minesto)
Outlook & Strategy

Minesto wraps up first phase of offshore installation for 1.2MW tidal energy kite

Minesto has laid the main subsea cable as part of the ongoing offshore works ahead of the installation of its 1.2MW tidal energy device Dragon 12.

about 3 years ago
Stena Line
Outlook & Strategy

Methanol Institute issues first complete guide to methanol as marine fuel

The Methanol Institute, a global trade association for the methanol industry, has published the first comprehensive guide to methanol as a marine fuel to help stakeholders across the industry access the information they need to support decision-making on which alternative fuel is right for their fle

about 3 years ago
MOL to invest in startups developing decarbonisation tech
Outlook & Strategy

MOL to invest in startups developing decarbonisation tech

Japanese shipping major Mitsui O.S.K. Lines has decided to invest in startups that are developing decarbonisation technologies in the energy sector.

about 3 years ago
Grimaldi
Outlook & Strategy

Grimaldi returns to China for two more ammonia-ready car carriers

Italian shipping major Grimaldi Group has placed an order for two more ammonia-ready Pure Car & Truck Carrier (PCTC) vessels, lifting the options from the previous contract signed with China State Shipbuilding Corporation Limited (CSSC) back in January. Under the contract from earlier this year, Gri

about 3 years ago
Plug Power plans three green hydrogen production plants in Finland
Outlook & Strategy

Plug Power plans three green hydrogen production plants in Finland

Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, has revealed plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tonnes per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyser capacity,

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

Spending on solar on the brink of surpassing oil investments for the first time ever, says IEA

The clean energy investment is now extending its lead over fossil fuels, boosted by energy security strengths, highlights the IEA.

about 3 years ago
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