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Outlook & Strategy

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Shipping
Outlook & Strategy

Israel to implement 0.10 pct sulphur cap in ports

Vessels calling at Israeli ports will need to burn marine fuels with a 0.10% maximum sulphur content under new regulations taking effect in February 2023, the North Club informed. As informed, the Israeli government is enacting new regulations that will put in place measures similar to the EU direct

about 3 years ago
Illustration/Floating solar power plant (Courtesy of Iberdrola)
Outlook & Strategy

Iberdrola to install its first ever floating solar power plant in Brazil

Spanish renewable energy group Iberdrola has unveiled plans to install its first ever floating solar power plant on the island of Fernando de Noronha, off the northeast coast of Brazil.

about 3 years ago
First high-tech ammonia-ready Armada vessel arrives in Europe
Outlook & Strategy

First high-tech ammonia-ready Armada vessel arrives in Europe

The first of eight robotic vessels that will form part of Ocean Infinity’s high-tech Armada fleet has arrived in Norway for equipment installation. The vessel, built by Vard Vung Tau in Vietnam, arrived at Vard Søviknes for remote system outfitting and payload equipment installation. According to Oc

about 3 years ago
DNV, RSI
Outlook & Strategy

DNV, RSI kick start Baltic and North Sea green fleet renewal study

DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, have launched a feasibility study to develop a commercial framework for orders of green-fuelled newbuilds to decarbonize the sea transport supply chain in the Baltic and North Sea areas and beyond. With th

about 3 years ago
After current CEO steps down, interim one taking the reins at Petrobras
Outlook & Strategy

After CEO steps down, interim one taking the reins at Petrobras

Petrobras has named an interim CEO, who will be at the helm until the election and inauguration of a new one.

about 3 years ago
Yara Kara, Image by Yara International
Outlook & Strategy

Yara to bolster ammonia imports capacity in Germany amid growing demand

Norwegian fertilizer company Yara International has revealed plans to modify its ammonia terminals in Germany, enabling them to handle up to 3 million tons of ammonia. According to Yara, this equates to roughly 530,000 tons of hydrogen and will help speed up the hydrogen economy in Germany. The comp

about 3 years ago
TGS and CGG team up for second phase of 3D multi-client survey in Brazil
Outlook & Strategy

TGS and CGG team up for second phase of 3D multi-client survey in Brazil

TGS and CGG have agreed to conduct the second phase of the Foz do Amazonas 3D multi-client survey offshore Brazil.

about 3 years ago
TGS Ease of access to data is the key (Video)
Outlook & Strategy

TGS: Ease of access to data is the key

Norwegian seismic player TGS, which has 40 years of experience in gathering data in the oil and gas sector, is making its way into renewables. Jaan Schoolmeesters, the company’s Executive Vice President, talks about how TGS is bringing approaches from oil and gas into the wind and other domains. Acc

about 3 years ago
Wind Hunter
Outlook & Strategy

Wind Hunter: MOL to start building wind-sail-fitted hydrogen-producing ship in 2024

Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to launch the construction of Wind Hunter, a hydrogen-producing vessel outfitted with multiple rigid sails, in 2024. The construction forms part of the company’s Wind Hunter project, which seeks new applications for hydrogen fuel and wind power

about 3 years ago
Illustration/CorPower Ocean's technician with the company's dry-test rig (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower Ocean goes on recruitment spree

Swedish company CorPower Ocean is looking to expand its ‘world-class team’ of wave energy experts with several new positions up for grabs.

about 3 years ago
Fourth Volstad vessel to feature NES battery system
Outlook & Strategy

Fourth Volstad vessel to feature NES battery system

Volstad Maritime has awarded Norwegian Electric Systems (NES) with a contract for the delivery of a battery system for another subsea construction vessel. NES will provide the battery package and associated control system for battery charging to the Deep Cygnus in connection with a forthcoming vesse

about 3 years ago
OMV Yemen changing hands
Outlook & Strategy

OMV Yemen changing hands

Zenith Energy Netherlands, part of Canadian oil and gas company Zenith Energy, has entered into a share purchase agreement (SPA) with Austria’s OMV Exploration and Production to acquire OMV Yemen. Under the SPA, Zenith Energy Netherlands will, subject to certain conditions, acquire 100 per cent of O

about 3 years ago
Yukikazu Myochin, President & CEO at “K” LINE
Outlook & Strategy

K Line CEO: Installation of 1st Seawing completed

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed the installation of the first Seawing, an automated kite system that harnesses wind power, on a Capesize bulk carrier at the end of 2022. The installation was in line with the previously announced schedule, as K Line had been pla

about 3 years ago
China Shipping Line
Outlook & Strategy

China Shipowners’ Association joins ICS

China Shipowners’ Association (CSA) has become a full member of the International Chamber of Shipping (ICS) from 1 January 2023. The CSA will join the ICS Board, which oversees the policy positions ICS presents on behalf of shipowners worldwide with the shipping industry’s global regulators, includi

about 3 years ago
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