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Illustration; Source: GlobalData
Outlook & Strategy

Energy transition and geopolitics to ‘weigh heavily’ on oil & gas industry in 2023

GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.

about 3 years ago
Safe Concordia; Source: Prosafe
Outlook & Strategy

Prosafe on the lookout for new CEO as current one steps down

Prosafe has embarked on a quest to find a new CEO, as its current one decided to resign after more than six years in the role.

about 3 years ago
RINA, WMU pen MoU for leadership and innovation
Outlook & Strategy

RINA, WMU pen MoU for leadership and innovation

Italian classification society RINA has signed a Memorandum of Understanding (MoU) with the World Maritime University (WMU) aimed at promoting academic, technical, and educational exchange between the two institutions. The goal of the MoU is to inspire leadership and innovation for a sustainable mar

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

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
DNV joins study on methanol bunkering for Singapore
Outlook & Strategy

DNV joins study on methanol bunkering for Singapore

Classification society DNV has joined a working group that aims to develop a technical reference (TR) for methanol bunkering for Singapore, the world’s largest bunkering hub. DNV announced at Singapore Maritime Week that it joined the multi-stakeholder working group on methanol bunkering, managed by

about 3 years ago
Another Solstad vessel makes 'considerable' fuel and emission cuts
Outlook & Strategy

Another Solstad vessel makes ‘considerable’ fuel and emission cuts

Solstad Offshore’s construction vessel has managed to save “considerable amounts” of fuel and reduce emissions on its way home from a project in West Africa, the Norwegian company reported. The 157-meter-long Normand Vision managed to save 150 tons of fuel on the transit, Solstad said, adding that i

about 3 years ago
Illustration (Courtesy of TEAMER Program)
Outlook & Strategy

TEAMER opens 10th call for marine energy projects

The US Testing Expertise and Access for Marine Energy Research (TEAMER) program, sponsored by the US Department of Energy (DOE), is now accepting applications for the tenth request for technical support (RTFS).

about 3 years ago
Navigator Gas signs gender diversity-linked loan facility agreement
Outlook & Strategy

Navigator Gas signs gender diversity-linked loan facility agreement

Navigator Gas, owner and operator of handysize liquefied gas carriers, has entered into a secured term loan facility which includes sustainability and gender diversity-linked performance indicators. The company entered into the facility agreement with among others, Nordea Bank Abp, ABM AMRO Bank N.V

about 3 years ago
Illustration (Courtesy of US OESI)
Outlook & Strategy

US OESI launches funding opportunity for marine energy

The US Ocean Energy Safety Institute (OESI) has launched a request for proposals, targeting small-scale marine energy solutions for offshore wind and oil & gas operations, and utility-scale devices that enhance marine energy operations.

about 3 years ago
DORIS wins FEED contract for XFuel’s modular energy conversion facilities
Outlook & Strategy

DORIS wins FEED contract for XFuel’s modular energy conversion facilities

XFuel, a sustainable drop-in fuels producer, has engaged DORIS, an engineering, advisory, and project management services company, to provide front-end engineering and design (FEED) support for its modular energy conversion facilities. DORIS said it will support XFuel’s in-house engineering team to

about 3 years ago
Nor-Shipping
Outlook & Strategy

Nor-Shipping award finalists announced

Five finalists have made it to the shortlist for the second Nor-Shipping Ocean Solutions Award after o a heated jury debate. The accolade aims to showcase breakthrough innovations at, or approaching, commercialisation stage. Daphne Technology won the inaugural prize in 2022, with this year’s winner

about 3 years ago
Harzand VLGC
Outlook & Strategy

World’s largest VLGC named and delivered

Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. This marks a significant milestone for the shipbuilding industry, as the 93,000 cubic meter

about 3 years ago
Corepower
Outlook & Strategy

Core Power breaches funding milestone of $100 million

The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr

about 3 years ago
Global Marine CEO takes the helm of UK subsea cable producer
Outlook & Strategy

Global Marine CEO takes the helm of UK subsea cable producer

UK-based high-voltage direct current (HVDC) cable manufacturer and installer XLCC has appointed a new chief executive officer (CEO) from Global Marine Group to drive business growth. According to XLCC, the appointment of Ian Douglas as CEO takes the company into the next phase of its evolution, the

about 3 years ago
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