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Outlook & Strategy

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Authorities & GovernmentBusiness Developments & ProjectsCollaborationEquipmentMarket OutlooksRegulation & PolicyResearch & DevelopmentTechnologyTransitionInfrastructureVesselsGreen MarineOperations & MaintenanceBusiness & FinanceExploration & ProductionProject & TendersHuman CapitalCarbon Capture Usage & StorageEnvironmentRules & RegulationCertification & Classification
Illustration/Floating solar power plant (Courtesy of Multiconsult)
Outlook & Strategy

Ghana sets sights on floating solar power plants

Norway-based engineering consultancy Multiconsult has been appointed to assess the potential for installing a floating solar power plant in Ghana.

about 3 years ago
SAL
Outlook & Strategy

SAL Heavy Lift orders carbon-neutral heavy lift project fleet

SAL Heavy Lift, a Germany-based maritime heavy lift and project cargo carrier, has signed building contracts for four firm plus two optional new generation heavy lift ships with Wuhu Shipyard, China.

about 3 years ago
LR partners with The Alan Turing Institute to advance maritime digitalisation
Outlook & Strategy

LR partners with The Alan Turing Institute to advance maritime digitalisation

Classification society Lloyd’s Register (LR) has teamed up with The Alan Turing Institute, UK’s national institute for data science and AI, to advance maritime digitalisation. The parties will collaborate to provide companies adopting digital technology with a fast and cost-effective independent ass

about 3 years ago
Alfa Laval
Outlook & Strategy

Alfa Laval: HT-PEM fuel cell system using methanol passes tests

In Q2 2022, Swedish sustainable solutions provider Alfa Laval started up a small-scale methanol fuel cell system at the Alfa Laval Test & Training Centre. Based on positive test results, the project is on track for a 200 kW installation.

about 3 years ago
Second ‘Dragon 4’ tidal power plant arrives in Faroe Islands (Courtesy of Minesto)
Outlook & Strategy

Minesto starts commissioning second ‘Dragon 4’ tidal power plant

Swedish marine energy company Minesto has started commissioning works for its second Dragon Class tidal power plant in Faroe Islands.

about 3 years ago
Pipeline tie-in agreement brings Moroccan project a step closer to first gas
Outlook & Strategy

Pipeline tie-in agreement brings Moroccan project a step closer to first gas

Chariot has inked a pipeline tie-in agreement, which has moved its gas project offshore Morocco closer to first gas.

about 3 years ago
K Line kicks off decarbonisation research with Indian steel producer
Outlook & Strategy

K Line kicks off decarbonisation research with Indian steel producer

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has signed a memorandum of understanding (MoU) with Indian steel producer JSW Steel for establishing the working committee for collaborative research on decarbonisation. The companies agreed to share research and ideas on their respective know

about 3 years ago
Babcock
Outlook & Strategy

Babcock teams up with Hyundai Heavy, Hyundai Mipo to develop LCO2 carriers

British engineering services company Babcock has partnered with South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) to develop liquefied CO2 carrier designs to service a growing demand for this kind of vessel.

about 3 years ago
ARO’s 20-rig newbuild programme fires Valaris’ enthusiasm for growth prospects
Outlook & Strategy

Valaris excited by growth prospects as ARO explores financing options for 20 newbuilds

Valaris has expressed its excitement over growth prospects arising out of a 20-rig newbuild programme, which ARO Drilling is pursuing.

about 3 years ago
Baker Hughes restructures into two business segments to address energy trilemma
Outlook & Strategy

Baker Hughes restructures into two business segments to address energy trilemma

Baker Hughes has unveiled a simplified organisational structure and management team changes to position the firm for further growth.

about 3 years ago
Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts
Outlook & Strategy

Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts

With the fuel transition underway, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals, a forecast released by the classification society DNV reports. DNV released its sixth maritime fore

about 3 years ago
API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security
Outlook & Strategy

API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security

API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.

about 3 years ago
Offshore wind demand brings Rotech to Taiwan
Outlook & Strategy

Offshore wind demand brings Rotech to Taiwan

Aberdeen-based Rotech Subsea has set up an entity in Taiwan to service the demand coming from the local offshore wind sector. According to Rotech, the move comes as it had completed a series of cable trenching and seabed leveling campaigns in Taiwan’s offshore wind sector and secured new contracts.

about 3 years ago
LCO2
Outlook & Strategy

Giant LCO2 carriers set to turn the tide on global shipping

Carbon capture and storage (CCS) has emerged as an important pathway to contribute to the global carbon dioxide (CO2) reduction goals and support energy transition efforts. In parallel, this has given the shipping and shipbuilding segments the opportunity to shine.

about 3 years ago
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