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Outlook & Strategy

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Fincantieri
Outlook & Strategy

Digitized, net zero ships at the core of Fincantieri’s new business strategy

Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and

about 3 years ago
Highest FPS throughput capacity since 2010 greenlighted in 2022, says Westwood
Outlook & Strategy

Highest FPS throughput capacity since 2010 greenlighted in 2022, says Westwood

Westwood has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010.

about 3 years ago
Illustration/WaveEL wave energy system (Photograph courtesy of Waves4Power AB, Sweden)
Outlook & Strategy

Waves4Power signs deal to develop wave energy parks offshore Indonesia

Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.

about 3 years ago
Floating offshore wind could be bigger than fixed-bottom by 2050, but there is catching up to do in supply chain
Outlook & Strategy

Floating offshore wind could be bigger than fixed-bottom by 2050, but there is catching up to do in supply chain

“We are looking at a market today that is immense. It is new and unprecedented when you look at the numbers. Floating wind is expected to be, in 2050, bigger than fixed offshore wind. But we got some catching up to do, and catching up to be done is really in the supply chain”, GustoMSC’s […]

about 3 years ago
Beach Energy faces opposition over drilling plans off Taranaki
Outlook & Strategy

Beach Energy faces opposition over drilling plans off Taranaki

Beach Energy has lodged consent applications with the Environmental Protection Authority (EPA) related to offshore drilling in Taranaki.

about 3 years ago
FSRU arrives in Wilhelmshaven ahead of opening of Germany’s first LNG terminal
Outlook & Strategy

FSRU arrives in Wilhelmshaven ahead of opening of Germany’s first LNG terminal

A floating storage and regasification unit (FSRU) has arrived in Wilhelmshaven, marking an ‘important milestone’ shortly before the opening of Germany’s first LNG terminal. On 15 December, German energy company Uniper confirmed the arrival of the Höegh Esperanza, the designated FSRU for the Wilhelms

about 3 years ago
The AR1500 tidal turbine for the MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

Scottish public bodies appoint financial advisor for MeyGen tidal energy project

Scotland’s national economic development agency Scottish Enterprise and its manager of land and sea assets Crown Estate Scotland have selected an Edinburgh-based consultancy to provide technical advice services for investments in the MeyGen tidal energy project.

about 3 years ago
Blue ammonia
Outlook & Strategy

World’s 1st shipment of certified blue ammonia reaches Ulsan port

Seasurfer, an LPG carrier managed by Athens-based Thenamaris LNG, has arrived at the Port of Ulsan, South Korea with the shipment of what has been described as the ‘world’s first certified blue ammonia cargo’. The midsize gas carrier, built by Hyundai Mipo in 2017, loaded the cargo at King Fahad Ind

about 3 years ago
Global Maritime wraps up marine warranty survey for wave energy scheme in Portugal
Outlook & Strategy

Global Maritime wraps up marine warranty survey for wave energy scheme in Portugal

Global Maritime has provided marine warranty survey (MWS) services for CorPower Ocean’s HiWave-5 grid-connected wave energy project.

about 3 years ago
Oil & gas players pursuing electrification in Norwegian Sea to curb emissions
Outlook & Strategy

Oil & gas players pursuing electrification in Norwegian Sea to curb emissions

OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.

about 3 years ago
Maersk and SunGas Renewables form green methanol partnership
Outlook & Strategy

Maersk and SunGas Renewables form green methanol partnership

Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight

about 3 years ago
EURONAV
Outlook & Strategy

Euronav confirms CMB sought to quash tie-up with Frontline

Belgium-based tanker shipping giant Euronav informed earlier today that it has received a letter from its biggest shareholder Compagnie Maritime Belge (CMB) seeking termination of the company’s tie-up with Frontline. The letter was addressed to Euronav’s Supervisory Board, following the publication

about 3 years ago
Jemena picks construction partners for Port Kembla LNG pipeline connection
Outlook & Strategy

Jemena picks construction partners for Port Kembla LNG pipeline connection

Australian energy infrastructure company Jemena has partnered with three engineering and construction firms to connect the country’s first LNG import terminal at Port Kembla to the Eastern Gas Pipeline (EGP). Specifically, Jemena partnered with Zinfra, Nacap and Wasco to build a 12-kilometre undergr

about 3 years ago
Murder on rig: Criminal inquiry into death of British worker on jack-up unit off Qatar ongoing
Outlook & Strategy

Murder on rig: Criminal inquiry into death of British worker off Qatar ongoing

Qatari authorities have launched a probe into the murder of one of the workers and the attack on another, which took place on an oil rig.

about 3 years ago
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