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Cable installation for Shetland HVDC link to resume next month
Outlook & Strategy

Cable installation for Shetland HVDC link to resume next month

NKT is set to commence the second cable installation campaign for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea in March. The £660 million project includes the construction of a 260-kilometer subsea cable from Shetland to the GB mainland, linking Shetland to t

about 3 years ago
Drakoo wave energy device (Courtesy of Hann-Ocean Energy)
Outlook & Strategy

Hann-Ocean Energy starts second round of Drakoo wave energy device trials

Singapore-based company Hann-Ocean Energy has launched its third-generation Drakoo wave energy device for a new round of sea trials at Shengsi archipelago in China.

about 3 years ago
16,000 TEU container ship HMM Nuri is moored at Busan New Port using a mooring line
Outlook & Strategy

HMM joins forces with Foresys to recycle worn-out mooring lines

Korean shipping company HMM has signed a business agreement with marine waste management company Foresys to establish a circular economy system using discarded mooring ropes. Mooring lines are thick ropes used to moor ships in ports, and HMM generates about 20 tons of waste from worn-out mooring lin

about 3 years ago
Inland Hydrogen vessel
Outlook & Strategy

Hull of the world’s 1st inland hydrogen vessel reaches Rotterdam

The hull of the first-ever inland hydrogen vessel arrived in Rotterdam this morning on board the heavy lift vessel ‘Sun Shine’. The hull arrived from China after a month-long journey and will now undergo finishing touches at Concordia Damen’s Werkendam-based facility. The vessel, named ‘Antonie’, wi

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Outlook & Strategy

Two SBM Offshore’s FPSOs slated for first oil in 2023

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

about 3 years ago
Wilhelmshaven to house VoltH2’s 100MW green hydrogen plant
Outlook & Strategy

Wilhelmshaven to house VoltH2’s 100MW green hydrogen plant

The Netherlands-based company VoltH2 has secured a site for green hydrogen development in Germany as part of its mission to build a chain of green hydrogen plants in Europe. VoltH2 has selected Wilhelmshaven, Germany’s only deep-sea port and primary energy hub, as the location for its planned hydrog

about 3 years ago
Bore Wind
Outlook & Strategy

Bore names its 3rd and final LNG-powered RoLo vessel

Bore Ltd., part of Spliethoff Group, held a christening ceremony for its third and final LNG-fueled shortsea roll-on/lift/off (RoLo) vessel in Amsterdam on 21 February. The vessel was named Bore Wind and it belongs to a series of three ice-class 7,000 dwt ships built at the WuHu Shipyard in China. T

about 3 years ago
TES partners with Energie 360° for green energy supply
Outlook & Strategy

TES partners with Energie 360° for green energy supply

Belgian green hydrogen company Tree Energy Solutions (TES) and Zurich-based energy provider Energie 360° have teamed up to supply green energy to the industry and support each other in achieving their decarbonisation goals. To this end, the companies have signed a letter of intent under which TES ai

about 3 years ago
MV Delphine fitted with rotor sails
Outlook & Strategy

World’s largest short sea RoRo fitted with rotor sails

Luxembourg-based shipping group CLdN has welcomed back into the fleet its short-sea roll-on/roll-off (RoRo) vessel MV Delphin which has been fitted with two tilting rotor sails. The shipowner contracted Finnish cleantech company Norsepower in March 2022 to carry out the installation. With two 35mx5m

about 3 years ago
Moray West inter array cables
Outlook & Strategy

Saipem and Seaway7 to jointly tackle offshore wind projects

Saipem and Seaway7 have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind projects. Saipem and Seaway7 will pursue selected projects where the combined utilisation of the companies’ complementary assets, technologies, products, and competencie

about 3 years ago
Coral-Sul FLNG; Source: Eni
Outlook & Strategy

Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

12 minutes read
HMM
Outlook & Strategy

South Korea invites bids to support eco-friendly conversion of ships as it lays out strategy to decarbonize shipping by 2050

In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (

about 3 years ago
KPI OceanConnect, bunkering
Outlook & Strategy

KPI OceanConnect, PIL and Bunker One join hands in Singapore’s 1st overseas digital marine fuels deal

Singapore-based container shipping Pacific International Lines (PIL), marine energy solutions provider and trader KPI OceanConnect, and marine fuel supplier Bunker One have carried out their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Da

about 3 years ago
CIP buys into blue ammonia project in the Gulf Coast
Outlook & Strategy

CIP buys into blue ammonia project in the Gulf Coast

Copenhagen Infrastructure Partners (CIP), a major in offshore wind development, has acquired a majority stake in a blue ammonia project which will be developed alongside US-based Sustainable Fuels Group (SFG). While the financial terms of the transaction were not disclosed, CIP said it has acquired

about 3 years ago
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