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Wellhead Fatigue JIP; Source: 2H
Outlook & Strategy

Seven ‘major’ oil & gas players join phase II of JIP assisting with improving wellhead, riser fatigue estimates

Acteon’s subsidiary 2H Offshore has launched the second phase of its measurement-based wellhead fatigue joint industry project (JIP).

about 3 years ago
Damen
Outlook & Strategy

Damen Shipyards, Boluda Towage form zero-emission tug alliance

Dutch shipbuilding major Damen shipyards has inked a partnership agreement with Boluda Towage, part of Spain’s Boluda Corporación Marítima, aimed at bringing zero-emission tugs to Europe. In the harbour and towage sector, electric and methanol-fueled propulsion systems currently offer the best and m

about 3 years ago
KCC
Outlook & Strategy

KCC inks deal for three wind-assisted CABU III ships, ready for conversion to zero-emission fuels

Oslo-listed shipowner Klaveness Combination Carriers (KCC) has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding Co for the construction of three third generation (CABU III) vessels. The company said that the CABU III newbuilds will introduce a new standard of efficiency w

about 3 years ago
MoPSW India
Outlook & Strategy

Indian govt to bankroll green shipping as ports embrace hydrogen and green tugs

India Ministry of Ports, Shipping & Waterways (MoPSW) has vowed to provide 30% financial support for the promotion of green shipping. This initiative reflects the government’s dedication to fostering sustainable practices within the shipping industry, which is known for its significant environmental

about 3 years ago
G7 meeting; Source: International Energy Agency (IEA)
Outlook & Strategy

G7 upping the green and low-carbon ante while gas is still king of energy throne

The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

about 3 years ago
Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy
Outlook & Strategy

Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy

Gasgrid Finland, a Finnish state-owned company and transmission system operator, and compatriot transmission system operator Fingrid have drafted three different scenarios in the joint project exploring the possibilities of the hydrogen economy and analysing its effects on the Finnish energy system.

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

Trafigura points to Global South’s potential in decarbonising shipping with Hydrogen-based fuels

Swiss commodity trading house Trafigura has released new research emphasizing the pivotal role that hydrogen-based fuels will play in decarbonising the shipping sector. The study highlights the significant potential for countries in the ‘Global South’ to produce green ammonia and green methanol, mee

about 3 years ago
Ammonia containership
Outlook & Strategy

Seaspan and partners reveal design of 15K TEU NH3-powered containership

Seaspan Corporation and its partners have unveiled the design of the 15,000 TEU ammonia-powered container vessel in Copenhagen at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Accelerate Partner Summit. Seaspan has been leading the design project in close collaboration with the Mærsk Mc

about 3 years ago
GOGL
Outlook & Strategy

GOGL welcomes into the fleet two ECO-type, dual-fuel-ready Kamsarmaxes

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of the first two out of ten ECO-type dual-fuel ready Kamsarmax newbuildings, built by China’s Dalian Shipbuilding Industry Corp. The two bulkers, each with 85,000 dwt, have been named Golden Star and Golden L

about 3 years ago
Ministry of Infrastructure and Water Management.
Outlook & Strategy

Dutch govt earmarks €180 million to advance shore power in seaports

The Dutch Ministry of Infrastructure and Water Management intends to allocate a sum of €140 million towards supporting the implementation of shore power installations within seaports. Additionally, an extra €40 million will be contributed from the climate fund, the ministry said. Shore power, also k

about 3 years ago
NGO
Outlook & Strategy

BIMCO: 15,000 vessels set to be recycled by 2032

Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th

about 3 years ago
Shell
Outlook & Strategy

Another crack at lawsuit against Shell board on the cards over ‘failing to move away from fossil fuels fast enough’

After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.

about 3 years ago
Development of world’s largest carbon-free green hydrogen plant in full swing
Outlook & Strategy

Development of world’s largest carbon-free green hydrogen plant in full swing

NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has achieved financial close on the mega green hydrogen production facility in Saudi Arabia at a total investment value of $8.4 billion. The financial close was reached following the signing of financia

about 3 years ago
Illustration/Offshore floating solar system by Oceans of Energy, one of the companies supported by Ocean DEMO calls (Courtesy of Oceans of Energy)
Outlook & Strategy

DMEC launches innovation challenge for offshore test support

Dutch Marine Energy Centre (DMEC) has opened an innovation challenge for technology developers seeking support for their offshore test campaigns.

about 3 years ago
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