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Outlook & Strategy

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EnvironmentGreen MarineInfrastructureMarket OutlooksRegulation & PolicyResearch & DevelopmentTransitionBusiness Developments & ProjectsCollaborationProject & TendersAuthorities & GovernmentBusiness & FinanceCarbon Capture Usage & StorageEquipmentInnovationTechnologyPorts & LogisticsHuman CapitalVision
ammonia-fueled ammonia gas carrier
Outlook & Strategy

Shipping ‘partially on track’ on decarbonisation targets, moving from pilots to production of zero-emission fuels now crucial

The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Le

about 3 years ago
Green energy corridor to connect Queensland and Korea
Outlook & Strategy

Green energy corridor to connect Queensland and Korea

Three of Korea’s large conglomerate groups have formed a new consortium to use hydrogen potential and build a green energy export corridor between North Queensland and north-east Asia.

about 3 years ago
New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows
Outlook & Strategy

New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows

Hydrogen projects have reached record numbers globally as 680 large-scale projects were announced, which is an increase of 50% since November 2021. However, investments in hydrogen must triple by 2030 in order to achieve the global 2050 net-zero target, says a new report published by the Hydrogen Co

about 3 years ago
Leviathan
Outlook & Strategy

Leviathan, German Naval Yards aim to be the powerhouse of EU green ship recycling

Germany-based green ship recycling centre Leviathan will collaborate with local shipyard German Naval Yards on facilitating green and sustainable ship recycling.

about 3 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Outlook & Strategy

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 3 years ago
hydrogen
Outlook & Strategy

EC approves up to €5.2 billion funding for second hydrogen IPCEI

The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir

about 3 years ago
UMACK anchor ahead of installation in northern Portugal (Courtesy of CorPower Ocean)
Outlook & Strategy

First commercial-scale UMACK anchor hits seabed off Portugal ahead of wave device installation

CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project.

about 3 years ago
ports
Outlook & Strategy

Ports can accelerate zero-emission ocean shipping transition, new report shows

Ports need to accelerate action in the race to a zero-emission ocean shipping future, environmental organisations Pacific Environment and Opportunity Green said in a new playbook released in connection with Climate Week NYC 2022.

about 3 years ago
Construction of LNG terminal starts at Lubmin port in Germany
Outlook & Strategy

Construction of LNG terminal starts at Lubmin port in Germany

German company Deutsche ReGas has kicked off the construction of ‘Deutsche Ostsee’, a liquefied natural gas (LNG) terminal in Lubmin in the northeast of the country. According to the company, the construction began on 20 September as an ‘important milestone’ for the project. The industrial port will

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

IRENA: Greater international collaboration needed to get the world on net-zero track

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

about 3 years ago
European countries eye stronger energy security with Black Sea interconnector
Outlook & Strategy

European countries eye stronger energy security with Black Sea interconnector

A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.

about 3 years ago
Höegh LNG cleared for merger with Höegh LNG Partners
Outlook & Strategy

Höegh LNG cleared for merger with Höegh LNG Partners

Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the

about 3 years ago
A photo of the Deutsche Bucht Offshore Wind Farm in Germany
Outlook & Strategy

Nova Scotia’s green hydrogen plans lead to first offshore wind leasing in Canada

The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the

about 3 years ago
NY: National Grid introduces large-scale fossil-free energy hub model
Outlook & Strategy

NY: National Grid introduces large-scale fossil-free energy hub model

National Grid, an electricity, natural gas, and clean energy delivery company, has introduced its Northeast Clean Energy Vision, a model to develop and deliver a large-scale, clean and fossil-free energy hub across the entirety of Long Island in New York State. The company unveiled its clean energy

about 3 years ago
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