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Outlook & Strategy

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OCCS
Outlook & Strategy

OCCS – a promising interim solution to cut emissions from shipping

Onboard carbon capture and storage (OCCS) could play an important role as an interim measure for shipping decarbonization while alternative fuels are scaled up, it was heard at a recent seminar organized by the International Maritime Organization (IMO).

about 1 year ago
Zigljen Port on Croatia’s island of Pag
Outlook & Strategy

EU-funded wave energy hydrogen project underway in Croatia

A project at Zigljen Port on Croatia’s island of Pag is advancing the use of wave energy for green hydrogen production under the North Adriatic Clean Hydrogen Investment Platform (NACHIP). The “Innovative Green Hydrogen Production from Wave Energy in Zigljen Port (Novalja)” project, led by Leonitus,

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about 1 year ago
Amogy forges new partnership to advance ammonia-powered solutions in Singapore
Outlook & Strategy

Amogy forges new partnership to advance ammonia-powered solutions in Singapore

U.S. ammonia-to-power solutions provider Amogy has partnered with research and development agency A*STAR to explore the development and deployment of ammonia-based technologies in Singapore.

about 1 year ago
Louisiana LNG
Outlook & Strategy

EU-US energy deal seen as political symbol, not LNG game-changer

A recent study by the international intergovernmental organization Gas Exporting Countries Forum (GECF) has highlighted the potential impacts the trade deal signed between the US and the EU could have on liquefied natural gas (LNG) market dynamics.

about 1 year ago
NextGeo starts surveying cable corridor route for second Malta-Italy interconnector (Video)
Outlook & Strategy

NextGeo starts surveying cable corridor route for second Malta-Italy interconnector (Video)

Italy-headquartered Next Geosolutions (NextGeo) has begun seabed surveys along the cable corridor route for the second electrical interconnector between Malta and Italy. The IC2 interconnector will link the Terna substation at Ragusa, Sicily, and the Enemalta terminal station in Maghtab, to be laid

about 1 year ago
ITM Power and RWE expand collaboration through new 150 MW electrolyzer deal
Outlook & Strategy

ITM Power and RWE expand collaboration through new 150 MW electrolyzer deal

UK’s electrolyzer manufacturer ITM Power has entered into a capacity reservation agreement with German energy company RWE for 150 MW of NEPTUNE V units.

about 1 year ago
€250 million EIB loan to support Nexans' R&D and industrial investments
Outlook & Strategy

€250 million from EIB to support Nexans’ R&D and industrial investments

French cable systems designer and manufacturer Nexans has secured €250 million in financing from the European Investment Bank (EIB) that will support its research, development and innovation programs for the period 2024-2029, along with some industrial and recycling investments. The financing is str

about 1 year ago
OSIP floating platform concept illustration
Outlook & Strategy

Bay of Fundy tidal energy projects receive $10.7M federal boost

Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Oc

about 1 year ago
TGS and Viridien finish survey over BP’s Gulf of America field
Outlook & Strategy

TGS and Viridien finish survey over BP’s Gulf of America field

Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, have completed the acquisition of an ultra-long offset ocean bottom node (OBN) survey in the Gulf of America (Gulf of Mexico). The Laconia Phase III ultra-long offset OBN survey include

about 1 year ago
DEME's new offshore construction vessel to be built in China, delivery in 2028
Outlook & Strategy

DEME’s new offshore construction vessel to be built in China, delivery in 2028

DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in Chi

about 1 year ago
UK
Outlook & Strategy

ABP-backed collaboration wins UK government funding for green methanol project

TURBO-METH, a green methanol production technology project backed by the UK’s port operator Associated British Ports (ABP), has secured funding as part of the UK Department for Transport’s Clean Maritime Demonstration Competition (CMDC) 6.

about 1 year ago
Geophysical survey clears way for 10 MW wave energy project in Portugal
Outlook & Strategy

Geophysical survey clears way for 10 MW wave energy project in Portugal

Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resource

about 1 year ago
ZES
Outlook & Strategy

ITG, ZES and Nedcargo debut emission-free inland shipping in the Netherlands

Dutch container terminal operator Inland Terminals Group (ITG), compatriot inland shipping company Zero Emission Services (ZES) and logistics company Nedcargo have launched fully emission-free container transport on inland waterways.

about 1 year ago
South Korean duo sets out to promote domestic LNG bunkering business
Outlook & Strategy

South Korean duo sets out to promote domestic LNG bunkering business

South Korea’s trading company POSCO International has signed a memorandum of understanding (MoU) with Korea Southern Power to promote the domestic LNG bunkering business.

about 1 year ago