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Outlook & Strategy

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U.S. DOE Secretary: Wave energy is ‘the elixir that we need’
Outlook & Strategy

U.S. DOE Secretary: Wave energy is ‘the elixir that we need’

Wave energy is “the elixir that we need” to address climate change by ending the nation’s reliance on fossil fuels, said the U.S. Department of Energy (U.S. DOE) Secretary Jennifer Granholm during the visit to the O.H. Hinsdale Wave Research Laboratory at Oregon State University (OSU). Granholm, tog

about 4 years ago
UK firm ‘disappointed’ as merger plans come to naught
Outlook & Strategy

UK firm ‘disappointed’ as merger plans come to naught

Kistos has made up its mind not to make a firm offer for Serica Energy, as it was unable to iron out the details for a proposed combination.

about 4 years ago
Talos sees new U.S. bill as ‘important step for offshore energy security and CCS development’
Outlook & Strategy

U.S. firm stands to benefit from new bill in both upstream and CCS businesses

Houston-based Talos Energy has listed some of the benefits it expects if the Inflation Reduction Act of 2022 is approved.

about 4 years ago
QatarEnergy
Outlook & Strategy

QatarEnergy awards seven LNG carrier contracts to four companies

MISC Berhad, NYK, K Line and CLNG have been awarded long-term time charter contracts by QatarEnergy for seven newbuild liquefied natural gas (LNG) carriers.

about 4 years ago
X-Press Feeders
Outlook & Strategy

Over 100 X-Press Feeders ships to start using ZeroNorth platform

Danish technology company ZeroNorth has signed a deal with Singapore-based global common carrier X-Press Feeders to deploy the ZeroNorth platform across the carrier’s entire fleet of feeder vessels.

about 4 years ago
SEA/LNG builds case for retrofitting VLCCs to LNG
Outlook & Strategy

SEA/LNG builds case for retrofitting VLCCs to LNG

Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c

about 4 years ago
ÈTA Shipping
Outlook & Strategy

Western Baltic Engineering joins ÈTA Shipping’s shortsea vessel project

Dutch shipping company ÈTA Shipping and Lithuania-based marine engineering specialist Western Baltic Engineering have started their joint engineering of ÈTA Shipping’s launching project ÈTA 6700.

about 4 years ago
hydrogen
Outlook & Strategy

Financial consortium, Turkish gov’t eye investment in hydrogen fuel cell tech

A financial consortium has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses.

about 4 years ago
Wello sheds light on 5MW wave energy project in Barbados
Outlook & Strategy

Wello inks commercial agreement for wave energy project in Barbados

Finnish wave technology provider Wello and the government-led Export Barbados (BIDC) have signed a commercial agreement for the deployment of a 5MW wave energy project in Barbados.

about 4 years ago
Pacific Basin
Outlook & Strategy

Pacific Basin CEO: If we knew what to order we would

As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to

about 4 years ago
Scottish marine energy firm hits fundraising target in two days
Outlook & Strategy

Scottish marine energy firm hits fundraising target in two days

Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.

about 4 years ago
Carnival zeroes in on energy and fuel savings with fleetwide upgrades
Outlook & Strategy

Carnival zeroes in on energy and fuel savings with fleetwide upgrades

Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp

about 4 years ago
Oil & gas decom cost forecasts drop to around $54.2 billion
Outlook & Strategy

UK’s oil & gas decom cost forecasts drop to around $54 billion

UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).

about 4 years ago
Nexans' new tower at Halden factory stands tall
Outlook & Strategy

New tower at Nexans’ Halden factory stands tall

Nexans has completed the construction of the new XLPE insulation tower at its subsea cable factory in Halden, Norway. Nexans began the expansion of the Halden factory about two months ago and after 69 days the raising of the tower is completed, the company said. The tower is 152.89 meters tall, whic

about 4 years ago
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