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Outlook & Strategy

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Shipping
Outlook & Strategy

Shipping Corporation of India to retrofit ships to green hydrogen

The Shipping Corporation of India (SCI) will be required to retrofit at least two ships to run on green hydrogen or other green hydrogen-derived fuels by 2027 as part of India’s decarbonization plans. India has declared that it plans to become energy independent by 2047 and a net zero country by 207

about 3 years ago
Noble jack-up rig ready to embark on its new gig in North Sea
Outlook & Strategy

Noble jack-up rig ready to embark on its new gig in North Sea

Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.

about 3 years ago
Snam to pour €10 billion by 2026 in Italy’s gas security
Outlook & Strategy

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
Höegh LNG and Germany firm up second 10-year FSRU charter deal
Outlook & Strategy

Höegh LNG and Germany firm up second 10-year FSRU charter deal

Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef

about 3 years ago
Aerial view of EMEC's Billia Croo wave energy test site (Courtesy of EMEC)
Outlook & Strategy

EMEC streamlines consenting for its Billia Croo wave energy test site

The European Marine Energy Centre (EMEC) has been awarded a site-wide section 36 consent at its grid-connected Billia Croo wave test site off the west coast of Orkney in Scotland.

about 3 years ago
ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan
Outlook & Strategy

ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan

ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa

about 3 years ago
Saipem unveils new solution for offshore energy operators
Outlook & Strategy

Saipem unveils new solution for offshore energy operators

Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.

about 3 years ago
Politicians urged to set ambitious green fuel regulations
Outlook & Strategy

Politicians urged to set ambitious green fuel regulations

More than 40 signatories representing the entire value chain of green fuels, including Danish Shipping, have sent a joint letter calling on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. Associations and companies including fuel suppliers, end-u

about 3 years ago
OSM Maritime
Outlook & Strategy

OSM Maritime and Thome reveal merger plans

Ship management companies OSM Maritime Group and Thome Group have agreed to a merger of the two companies. The combined company will be named OSM Thome. “By joining our resources in OSM Thome, we will become an even better partner to our customers. With our emphasis on safe and efficient operations

about 3 years ago
Illustration (Courtesy of the University of Western Australia)
Outlook & Strategy

New reports outline potential of ocean energy at Western Australia’s southern tip

Researchers at the University of Western Australia’s Marine Energy Research Centre (MERA) have released two reports highlighting the ocean energy potential of Western Australia’s Albany region.

about 3 years ago
Nauticus Robotics kick-starts its international expansion with new operating bases
Outlook & Strategy

Nauticus Robotics kick-starts its international expansion with new operating bases

Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.

about 3 years ago
IHI and Gentari ally on green ammonia production and sales in Malaysia
Outlook & Strategy

IHI and Gentari ally on green ammonia production and sales in Malaysia

Japan’s IHI Corporation has signed a Memorandum of Understanding (MoU) with Gentari Hydrogen, a clean energy solutions entity wholly-owned by PETRONAS, to evaluate the feasibility of leveraging solar resources of Malaysia to produce and sell green ammonia derived from renewables. Under the MoU, IHI

about 3 years ago
HYON to implement hydrogen fueling tech in Northern Xplorer’s zero-emission cruise ship
Outlook & Strategy

HYON to implement hydrogen fueling tech in Northern Xplorer’s zero-emission cruise ship

Norwegian hydrogen bunkering specialist HYON has signed a letter of intent (LOI) with compatriot cruise venture Northern Xplorer for the implementation of its hydrogen fueling technology. Their collaboration will see HYON implement its hydrogen fueling technology in Northern Xplorer’s zero-emission

about 3 years ago
Ocean Installer makes a comeback
Outlook & Strategy

Ocean Installer makes a comeback

Norway-based Havfram Subsea is reclaiming the Ocean Installer brand following the announcement of the sale of its offshore wind business line. Havfram’s subsea business was known as Ocean Installer from the company’s inception in 2011, with the 2020 name change reflecting its diversification into th

about 3 years ago
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