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Outlook & Strategy

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Illustration/CorPower's commercial-scale C4 wave energy converter (Courtesy of CorPower Ocean)
Outlook & Strategy

Wave energy’s global warming potential 40 times lower than fossil fuels, study finds

CorPower Ocean and energy academics from Edinburgh University have completed a rigorous Life Cycle Assessment (LCA) of a wave energy array, showing its global warming potential to be 20-40 times lower than conventional fossil fuel electricity generation.

about 4 years ago
KR
Outlook & Strategy

KR, KLCSM and SHI team up on autonomous navigation systems for ships

Classification society Korean Register (KR) has signed a memorandum of understanding with ship management company Korea Leading Company of Ship Management (KLCSM) and shipbuilder Samsung Heavy Industries (SHI) for joint research and commercialization of autonomous navigation systems for mid- to larg

about 4 years ago
In focus: Europeans taking major hydrogen steps
Outlook & Strategy

In focus: Europeans taking major hydrogen steps

The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w

about 4 years ago
NGOs
Outlook & Strategy

NGOs: It’s time to invest shipping lines’ billions into climate action

Two NGOs have demanded from the top ten container giants to invest a minimum of $95 billion of this year’s mega-profits in kick-starting their own upgrade to zero-emission propulsion.

about 4 years ago
Offshore testing of Minesto’s Dragon Class scale model (Courtesy of Minesto)
Outlook & Strategy

Minesto verifies commercial performance of Dragon Class tidal power plant

Minesto has informed that the commissioning results of its Dragon Class tidal power plant in Faroe Islands have verified commercial performance and are fully in line with simulation results.

about 4 years ago
Breathing new life into decommissioned North Sea platform as ‘one of the UK’s largest public art installations’
Outlook & Strategy

Start of decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’

A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.

about 4 years ago
Blue Visby
Outlook & Strategy

New platform will tackle “Sail Fast, then Wait” phenomenon to cut shipping emissions

Thirteen members have launched the Blue Visby Consortium which is aimed at helping the shipping industry eliminate the wasteful practice of “Sail Fast, then Wait” (SFTW) through a collaborative platform.

about 4 years ago
IRENA: Green hydrogen trade to improve energy security
Outlook & Strategy

IRENA: Green hydrogen trade to improve energy security

Renewable Energy Agency (IRENA) sees the green hydrogen trade as significantly contributing to a more diversified and resilient energy system.

about 4 years ago
Scaled Blue Horizon wave energy device at FloWave (Courtesy of Mocean Energy)
Outlook & Strategy

Mocean Energy starts EuropeWave test program

Scottish company Mocean Energy has begun tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.

about 4 years ago
NYK
Outlook & Strategy

NYK enters new collaboration to install energy-saving devices on 50 bulkers

NYK has embarked on a new collaboration aimed at reducing GHG emissions from existing ships by combining energy-saving devices.

about 4 years ago
Wood to oversee first decom phase of Timor Sea FPSO
Outlook & Strategy

Wood to oversee first decom phase of Timor Sea FPSO

Wood has been contracted by the Australian government to supervise the first decommissioning phase of an FPSO in the Timor Sea off Australia.

about 4 years ago
Rémi Gruet, CEO of Ocean Energy Europe (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean Energy Europe: UK sets strong example with first-ever tidal stream auction winners

Ocean Energy Europe has applauded the results of the fourth UK government’s renewables auction, stating that tidal energy can now take its rightful place in the UK’s mainstream electricity supply and calling for EU to follow suit.

about 4 years ago
Italy’s OLT Offshore appoints new executives, CEO
Outlook & Strategy

Italy’s OLT Offshore appoints new executives

Italian company OLT Offshore LNG Toscana, the operator of the FSRU terminal near Livorno, has appointed a new chairman and confirmed the role of chief executive officer (CEO).

about 4 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd to use advanced biofuels for transport of DHL shipments

DHL Global Forwarding, the air and ocean freight specialist of Germany’s Deutsche Post DHL Group, has signed an agreement with compatriot liner shipping company Hapag-Lloyd for the use of advanced biofuels.

about 4 years ago
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