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Outlook & Strategy

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UK regulator’s supply chain report sparks optimism with deals worth around $6.3 billion in the pipeline
Outlook & Strategy

UK regulator’s report signals bright outlook for supply chain with $6.3 bln of work in the pipeline

The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.

about 4 years ago
Ursula von der Leyen; President of the European Commission (EC)
Outlook & Strategy

EU sets up new task force as tool for getting rid of Russian fossil fuels

The EC has established a new task force to support and implement the REPowerEU goal of energy supply diversification.

about 4 years ago
Windship Technology
Outlook & Strategy

Windship Technology: Triple-wing rig can unlock EEXI reduction benefits

Three-wing rigs for ships can successfully tackle the problem of Energy Efficiency eXisting ship Index (EEXI) and Engine Power Limitation (EPL), extending the life of current and newbuild vessels, research conducted by London-based auxiliary power system company Windship Technology found.

about 4 years ago
New Zealand investing in sustainable coastal shipping to achieve decarbonisation goals
Outlook & Strategy

New Zealand investing in sustainable coastal shipping to achieve decarbonisation goals

The New Zealand government has committed $30 million of funding for coastal shipping through the National Land Transport Programme (NLTP) to improve domestic shipping services, reduce emissions, improve efficiency and upgrade maritime infrastructure.

about 4 years ago
SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

SIMEC Atlantis requests one year extension to repay tidal power debts

Edinburgh-based tidal energy developer SIMEC Atlantis Energy has issued a request to amend the debenture deed with Abundance Investment, seeking one year extension for the repayment.

about 4 years ago
German Chancellor’s Africa tour
Outlook & Strategy

German Chancellor’s Africa tour seen as critical step to energy security

Following German Chancellor’s Africa tour, the African Energy Chamber believes it to be a critical step towards achieving energy security.

about 4 years ago
The official inauguration of the 3MWp floating solar plant in Germany (Courtesy of Quarzwerke)
Outlook & Strategy

Germany’s largest subsidy-free floating solar plant comes online

Currently the largest subsidy-free floating solar project in Germany, the 3MWp power plant on the Silbersee III lake has been officially inaugurated and put into operation.

about 4 years ago
Vertom taps Econowind for wind-assisted propulsion on multiple vessels by year-end
Outlook & Strategy

Vertom taps Econowind for wind-assisted propulsion on multiple vessels by year-end

The Netherlands-based wind propulsion solutions provider Econowind and compatriot shipping company Vertom have teamed up to install wind-assist VentoFoil units on multiple vessels by the end of 2022.

about 4 years ago
alliance
Outlook & Strategy

New alliance to make workforce fit for sustainable maritime future

Industry players from across the global maritime value chain came together in Zurich on 24 May to launch the All Aboard Alliance, which will provide a platform for collaborative action to make the maritime industry more diverse, equitable, and inclusive.

about 4 years ago
EST-Floattech battery powers Sweden’s fourth electric hybrid ferry
Outlook & Strategy

EST-Floattech battery powers Sweden’s fourth electric hybrid ferry

Swedish public transport organisation Västtrafik has taken delivery of a fourth electric hybrid ferry powered by a battery system from the Dutch manufacturer EST-Floattech.

about 4 years ago
Recently elected Petrobras CEO to hand the reins over to senior economy ministry official
Outlook & Strategy

Brazil’s govt to replace Petrobras CEO after less than two months

As the hike in fuel prices continues unabated, Petrobras has been instructed to set the wheels into motion to replace its current CEO.

about 4 years ago
Minesto's Dragon 4 tidal energy device (Screenshot/Video by Minesto)
Outlook & Strategy

Minesto flies first Dragon Class tidal energy kite in Faroe Islands

Swedish marine energy company Minesto has successfully completed the first week of commissioning of its new Dragon 4 tidal power plant in Vestmanna, Faroe Islands.

about 4 years ago
Three U.S. players successfully expand joint venture to bring offshore CCS hub into being
Outlook & Strategy

Chevron pays $50 million to join JV for CCS hub in Texas

Talos, Chevron, and Carbonvert have concluded the expansion of the JV, aiming to bring forth a hub-scale CCS project off Jefferson County.

about 4 years ago
Europe’s bold new energy plan and cost estimates could fail to live up to the hype, Rystad says
Outlook & Strategy

Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

about 4 years ago
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