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Outlook & Strategy

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Bawat
Outlook & Strategy

Bawat Water Technologies and Damen Green Solutions join hands on mobile BWMS

Ballast water management solutions provider Bawat Water Technologies and Damen Green Solutions, a member of the Dutch Damen Shipyards Group, have signed a Term Sheet to create a joint venture in the field of ballast water treatment systems. The joint venture will merge Damen’s InvaSave program with

about 3 years ago
Yang Ming
Outlook & Strategy

Xeneta praises Yang Ming as container industry’s ‘emission hero’ in Q4 2022

Taiwanese container shipping giant Yang Ming has been described as the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022, according to an analysis of Xeneta’s Carbon Emissions Index (CEI). Xeneta said that Yang Ming was the industry’s only major player to score belo

about 3 years ago
The PPA signing for a floating solar plant in the Seychelles (Courtesy of Qair)
Outlook & Strategy

Qair inks first floating solar power purchase agreement in the Seychelles

Independent renewable power producer Qair and the Republic of Seychelles’ Public Utilities Corporation (PUC) have signed a power purchase agreement (PPA) for a 5.8MWp floating solar project, the first in the history of the Seychelles.

about 3 years ago
Energy Industries Council (EIC)
Outlook & Strategy

UK turns to renewables and low-carbon power to bolster energy security

The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).

about 3 years ago
Illustration/Floating solar panels (Courtesy of Ferrovial)
Outlook & Strategy

Ferrovial to build 1.7MWp floating solar plant in Spain

Ferrovial, through its construction division, has secured a contract for the construction of a 1.7MWp floating solar plant in Madrid’s municipality of Torrelaguna in Spain.

about 3 years ago
EC boosts renewable hydrogen production, approves Italian scheme
Outlook & Strategy

EC boosts renewable hydrogen production, approves Italian scheme

The European Commission (EC) has approved a €450 million Italian scheme to support the production of renewable hydrogen. According to the Commission, the measure aims to foster the transition to a net-zero economy in line with the Green Deal Industrial Plan. The EC found that the scheme is in line w

about 3 years ago
Further OPEC+ production cuts to make consumers 'become increasingly poorer', CEA says
Outlook & Strategy

Further OPEC+ production cuts to make consumers ‘become increasingly poorer’, CEA says

American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response

about 3 years ago
e1 Marine
Outlook & Strategy

e1 Marine to build S130 hydrogen generator for Current AG

Global renewable energy company e1 Marine has been commissioned by Switzerland-based Current AG to build an S Series 130 methanol to hydrogen generator that would capture waste heat and CO2 from the exhaust stream produced during the reforming process. Successful lab-based tests will improve the eco

about 3 years ago
Abadi LNG: Inpex submits revised POD to Indonesian authorities, adds CCS
Outlook & Strategy

Abadi LNG: Inpex submits revised POD to Indonesian authorities, adds CCS

Through its subsidiary, Inpex Masela, Japan’s Inpex Corporation has submitted a revised plan of development (POD) for the Abadi LNG project to Indonesian government authorities. The POD, submitted on behalf of the joint venture composed of Inpex and Shell, now incorporates a carbon capture and stora

about 3 years ago
ammonia
Outlook & Strategy

Maritime industry giants to explore ammonia as green fuel for U.S. East Coast

Maritime industry majors have joined hands on a feasibility study of ammonia as a marine fuel on the U.S. East Coast. Namely, A.P. Moller – Maersk, American Bureau of Shipping, Fleet Management Limited, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Savage Services

about 3 years ago
The retrieval and towing operation for UniWave200 wave energy device (Courtesy of Engage Marine)
Outlook & Strategy

Australian wave energy pilot ends after two years at sea

Australian company Wave Swell Energy has retrieved its UniWave200 wave energy device after being deployed for over two years off the coast of King Island in Tasmania.

about 3 years ago
Keppel - Sembcorp Marine
Outlook & Strategy

Sembcorp Marine to rebrand as Seatrium

Singapore-based shipbuilder Sembcorp Marine is proposing to change its name to Seatrium Limited. The move follows the completion of the combination of the businesses of Sembcorp Marine Ltd and Keppel Offshore & Marine Ltd on 28 February 2023. Following the completion of the proposed combination of S

about 3 years ago
The ‘EWP-EDF One’ project (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power signs Israel’s first ever PPA for wave energy

Eco Wave Power has entered into an official power purchase agreement (PPA) with the Israeli National Electric Company (IEC) for the newly installed wave energy project at the Port of Jaffa in Tel Aviv.

about 3 years ago
Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Outlook & Strategy

7 candidates join the race for IMO Secretary-General role

Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S

about 3 years ago
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