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Outlook & Strategy

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Maersk Moscow
Outlook & Strategy

DCSA’s members commit to 100 pct adoption of electronic bill of lading by 2030

Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of

about 3 years ago
Inpex and Petros to jointly pursue CCS development in Malaysia
Outlook & Strategy

Inpex and Petros to jointly pursue CCS development in Malaysia

Japan’s exploration and production company Inpex has signed a joint collaboration agreement with Malaysian oil and gas exploration firm Petroleum Sarawak Berhad (Petros) for the potential development of a carbon capture and storage (CCS) project in Sarawak, Malaysia. The CCS project will target CO2

about 3 years ago
CMA CGM
Outlook & Strategy

CMA CGM in talks to acquire La Méridionale

French container shipping major CMA CGM Group has entered into exclusive discussions with STEF Group to acquire 100% of La Méridionale, a mixed freight and passenger shipping company based in Marseille. “With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean, whil

about 3 years ago
TAQA's Cormorant Alpha asset in the UK North Sea; Source: TAQA
Outlook & Strategy

Wave of unrest across UK’s offshore energy sector grows with more workers to cast votes on strike action

Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.

about 3 years ago
Nexans achieves 'all-time-high' performance, ramps up emissions reduction efforts
Outlook & Strategy

Nexans achieves ‘all-time-high’ performance, ramps up emissions reduction efforts

Nexans has reported an all-time high adjusted backlog of €3.5 billion for its Generation & Transmission business in 2022, an increase of 51 per cent compared to 2021, said to be pulled by the Celtic Interconnector project. In the “record financial year” for the French cable maker, Generation & Trans

about 3 years ago
Ocean Sun’s floating solar technology linked to offshore wind turbine in China (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun grows 2022 revenues

Norwegian floating solar company Ocean Sun has released financial results for 2022, marking a significant increase in revenues when compared to a year before.

about 3 years ago
Gasgrid advances Finland’s first hydrogen transmission network project
Outlook & Strategy

Gasgrid advances Finland’s first hydrogen transmission network project

State-owned transmission system operator Gasgrid Finland is progressing its hydrogen transfer infrastructure demonstration project with a €9.5 million grant for project design and potential construction. The demonstration project aims to construct a pipeline to enable the hydrogen generated at Kemir

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

Spanish water utility sets sights on floating solar

Spain-based water utility Miya has expanded its activities to the renewables sector with the acquisition of a stake in Xfloat, an Israeli floating solar developer.

about 3 years ago
IMO
Outlook & Strategy

ICS seeks rapid adoption of carbon levy as industry reaffirms 2050 net-zero ambitions

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar

about 3 years ago
RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC
Outlook & Strategy

RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC

The partnership between German energy company RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of liquefied natural gas (LNG) has gained ground with the arrival of the first LNG cargo from ADNOC at the Brunsbüttel Elbehafen port, Germany. Here, the LNG will be regasified and fed int

about 3 years ago
TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity
Outlook & Strategy

TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has concluded the market test launched for floating storage and regasification unit (FSRU) capacity in Le Havre, France. From 16 to 30 January, TELSF ran a non-binding call of interest for LNG import and re

about 3 years ago
Japanese majors unite on CO2NNEX demonstration system for e-methane
Outlook & Strategy

Japanese majors unite on CO2NNEX demonstration system for e-methane

Osaka Gas, Mitsubishi Heavy Industries (MHI), and IBM Japan have built a demonstration system for CO2NNEX for e-methane, a digital platform for visualising the amount of CO2 emissions across the value chain of e-methane (methane synthesised with the methanation technology) and transferring e-methane

about 3 years ago
Enagás and Naturgy plan to build 280MW renewable hydrogen plant
Outlook & Strategy

Enagás and Naturgy plan to build 280MW renewable hydrogen plant

Spanish energy companies Naturgy and Enagás Renovable have presented their project for the construction of a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla. The new plant is scheduled for commissioning in 2026 and will entail an investment of €485 million. it will be

about 3 years ago
Bulker
Outlook & Strategy

Safe Bulkers keeping eye on the prize with ambitious fleet renewal, eco-upgrades

Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them

about 3 years ago
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