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Outlook & Strategy

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Yang Ming
Outlook & Strategy

Yang Ming to order five 15,000 TEU LNG-fueled boxships

Taiwanese shipping company Yang Ming Marine Transport Corp. has approved the construction of five 15,000 TEU containerships that will be equipped with dual-fuel LNG marine engines.

about 4 years ago
ammonia/LCO2 carrier
Outlook & Strategy

Mitsubishi Shipbuilding sets sights on ammonia/LCO2 carrier commercialisation

Responding to increasing demand, Japanese Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has set its sights on commercialising the ammonia/liquefied CO2 carrier as an important part of the carbon dioxide capture, utilisation, and storage (CCUS) value chain.

about 4 years ago
More North Sea acreage for Norwegian player with further drilling on the horizon
Outlook & Strategy

Norwegian player seeks operatorship as MOL Norge offloads two North Sea discoveries

Following an agreement with Hungary’s MOL, Norway’s Lime Petroleum will expand its North Sea portfolio with more acreage.

about 4 years ago
In focus: Americas take the offshore energy helm
Outlook & Strategy

In focus: Americas take the offshore energy helm

The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.

about 4 years ago
LNG
Outlook & Strategy

Germany to spend billions on floating LNG terminals

Germany’s government has allocated about €2.5 billion ($2.7 billion) for four floating liquefied natural gas (LNG) terminals around the country.

about 4 years ago
Illustration/Sierra Brava, the first grid-connected floating solar plant in Spain built by Acciona (Courtesy of Acciona)
Outlook & Strategy

Spain sets forth regulations for floating solar installations to bolster energy security

Responding to the energy crisis instigated by the war in Ukraine, the Government of Spain has outlined a set of regulations for the installation of floating solar power plants on around a hundred state-owned hydropower reservoirs.

about 4 years ago
Tanana River test site in Alaska (Courtesy of UAF; ACEP/Photo by Amanda Byrd)
Outlook & Strategy

Acoustic cameras to shed more light on fish interactions with hydrokinetic systems

While exploring hydrokinetic devices in rivers and tidal estuaries, the researchers from the US universities and national laboratories have used acoustic cameras to assess collision risk of fish and moving turbine blades in the water.

about 4 years ago
Green hydrogen
Outlook & Strategy

Green hydrogen-based fuels are the best option for shipping’s green transition, report finds

Green hydrogen and green hydrogen-derived ammonia are the only scalable fuels that can achieve the emission reduction targets set forth in the Paris Agreement, a new report has found.

about 4 years ago
1,250MW subsea, underground link to bring clean energy to New York City
Outlook & Strategy

1,250MW subsea, underground link to bring clean energy to New York City

The New York State Public Service Commission (PSC) has approved the 1,250 MW subsea and underground transmission line that will bring clean and renewable power from the Canadian border to New York City (NYC).

about 4 years ago
ExxonMobil eyes carbon capture hub in Gippsland to unlock Australian CCS potential
Outlook & Strategy

ExxonMobil eyes carbon capture hub in Gippsland to unlock Australian CCS potential

ExxonMobil is putting the wheels into motion to gauge the potential for a carbon capture and storage (CCS) hub in the Gippsland Basin.

about 4 years ago
HJSC
Outlook & Strategy

HJ Shipbuilding develops dual-fuel LNG containership, gets LR AIP

South Korean shipbuilder HJ Shipbuilding & Construction (HJSC, formerly Hanjin Heavy Industries & Construction) has developed a dual-fuel liquefied natural gas- (LNG) powered containership.

about 4 years ago
New Petrobras CEO gets one-year term in office
Outlook & Strategy

Brazil’s ex-petroleum secretary takes CEO role at Petrobras for one year

Petrobras has revealed the appointment of a new CEO, which has been chosen to spearhead the company for a year.

about 4 years ago
Neptun
Outlook & Strategy

Meyer, Fassmer take over Neptun Ship Design to jointly offer solutions for sustainable shipping

German shipbuilder Meyer Group and its counterpart Fassmer have decided to jointly acquire compatriot ship design company Neptun Ship Design.

about 4 years ago
Plan set forth for New Jersey's first offshore wind cable plant
Outlook & Strategy

Plan set forth for New Jersey’s first offshore wind cable plant

Rise Light & Power and Delaware River Partners (DRP) have partnered up to collaborate on developing the first offshore wind cable manufacturing facility in New Jersey, the U.S. The development of the manufacturing facility at the Repauno Port & Rail Terminal in Greenwich Township is subject to the B

about 4 years ago
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