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Outlook & Strategy

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MSC Washington
Outlook & Strategy

MSC looking at LNG and methanol retrofits

Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their

about 3 years ago
Prysmian places order for new cable layer with VARD
Outlook & Strategy

Prysmian places order for new cable layer with VARD

Italian cabling giant Prysmian Group is investing approximately €200 million in a new cable-laying vessel which will be equipped with a battery pack for a total power of 3 MW. The new 170-meter-long vessel will be built by the VARD Group, a subsidiary of the Fincantieri Group, just like Leonardo da

about 3 years ago
Total Eren and VNG to collaborate on green hydrogen import to German and European markets
Outlook & Strategy

Total Eren and VNG to collaborate on green hydrogen import to German and European markets

Germany’s gas company VNG AG and French renewable energy producer Total Eren have announced plans to collaborate on the development of green ammonia imports in Europe. In line with this, the companies have signed a cooperation agreement concerning the import of green hydrogen in the form of ammonia

about 3 years ago
Sunlit Sea's new production facility for floating solar tech in Askim (Courtesy of Sunlit Sea)
Outlook & Strategy

Sunlit Sea moves to larger industrial facility as it looks to expand floating solar team

Norwegian company Sunlit Sea has moved its production facility to new premises as it looks to step up the industrialization of its floating solar technology.

about 3 years ago
MTF: Alternative fuel pilots and training are important for safe maritime decarbonisation
Outlook & Strategy

MTF: Alternative fuel pilots and training are important for safe maritime decarbonisation

The Maritime Technologies Forum (MTF), founded by seven flag states and classification societies including DNV and Lloyd’s Register, has released a comprehensive assessment to compare the feasibility and readiness of alternative marine fuels. The forum was founded in 2021 and seeks to bridge the gap

about 3 years ago
Ulsan port
Outlook & Strategy

Ulsan wants to become a methanol bunkering hub

Ulsan Port Authority (UPA) has signed a Memorandum of Understanding (MOU) with the international classification society Korean Register (KR) to support methanol-fueled ships and establish the South Korean port as a low-carbon energy hub. “UPA is actively working to make eco-friendly, and low-carbon

about 3 years ago
FPP’s basin test campaign at IHCantabria (Courtesy of FPP)
Outlook & Strategy

Floating Power Plants looks to boost wave energy engineering ranks

Danish company Floating Power Plant is looking to expand its team with two openings for hydrodynamic wave energy converter modelers to help deliver its floating wind and wave device hybrid.

about 3 years ago
Unveiling of Ocean Oasis’ Gaia prototype in the presence of investors and government officials (Courtesy of Ocean Oasis)
Outlook & Strategy

Ocean Oasis unveils wave energy-driven desalination prototype

Norwegian company Ocean Oasis has presented the prototype device, named Gaia, for wave energy desalination that will be tested at the Oceanic Platform of the Canary Islands (PLOCAN).

about 3 years ago
DNV, MPA
Outlook & Strategy

DNV, MPA Singapore renew decarbonization and digitalization partnership

DNV classification society and Singapore’s Maritime Port Authority (MPA) have agreed to continue their collaboration on decarbonization and digital innovation in the maritime industry. Kenneth Lim, Assistant Chief Executive (Industry and Transformation), Maritime and Port Authority of Singapore (MPA

about 3 years ago
Centrica knocks on Wood’s door for UK North Sea support
Outlook & Strategy

Centrica knocks on Wood’s door for UK North Sea support

Wood has been appointed as an integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.

about 3 years ago
Two oil & gas firms seal the deal for deepwater project in Gulf of Mexico
Outlook & Strategy

Two firms seal the deal for ‘one of the largest non-associated gas fields in the Gulf of Mexico’

New Fortress Energy (NFE) has finalised its agreements with Pemex for the development of a deepwater gas field in the Gulf of Mexico.

about 3 years ago
ExxonMobil and PipeChina forge ties on oil&gas, low-carbon solutions
Outlook & Strategy

ExxonMobil and PipeChina forge ties on oil&gas, low-carbon solutions

US energy and petrochemical giant ExxonMobil has signed a strategic cooperation framework agreement with China Oil and Gas Pipeline Network Corporation (PipeChina) to collaborate on a number of business opportunities. With this agreement, the companies will enhance existing cooperation in the Chines

about 3 years ago
Bumi Armada FPSO to cut carbon emissions with AI technology
Outlook & Strategy

Bumi Armada FPSO to cut carbon emissions with AI technology

Malaysian offshore vessel provider Bumi Armada has selected OPEX artificial intelligence technology to reduce carbon emissions on an FPSO facility located in the North Sea. OPEX Group’s emissions.AI software will be deployed on the Armada Kraken FPSO facility, which serves the EnQuest-operated Krake

about 3 years ago
Illustration/Minesto's Dragon 4 (Courtesy of Minesto)
Outlook & Strategy

Minesto’s Dragon tidal energy device reaches record levels of electricity production

Swedish marine energy company Minesto has produced record levels of electricity in the last two months with its 100kW Dragon 4 tidal energy device in Faroe Islands.

about 3 years ago
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