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Outlook & Strategy

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carbon intensity
Outlook & Strategy

StormGeo launches digital tool for ship’s carbon intensity improvement

Norwegian weather forecasting provider StormGeo has launched a new Carbon Intensity Indicator (CII) Dashboard, a digital tool for ship operators to calculate, report and improve the CII rankings of their fleet.

about 4 years ago
Drewry
Outlook & Strategy

Drewry: Ocean carriers close 2021 with $190 billion profit

Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

about 4 years ago
Illustration/Tidal power platform developed by Sustainable Marine Energy (Courtesy of Sustainable Marine Energy)
Outlook & Strategy

Canada sets up employment program for marine renewable energy sector

Marine Renewables Canada and Electricity Human Resources Canada (EHRC) have formed partnership to support organizations in the marine renewable energy sector interested in providing employment opportunities for youth.

about 4 years ago
Steel cut for Ocean Infinity’s green ammonia-ready vessel
Outlook & Strategy

Steel cut for Ocean Infinity’s green ammonia-ready vessel

The steel cutting ceremony for the fifth in a series of eight green ammonia-ready vessels being built for marine robotics company Ocean Infinity was held on Monday, 21 February.

about 4 years ago
Solstad goes on decarbonisation quest with Wärtsilä
Outlook & Strategy

Aiming for industry’s greenest fleet of vessels, Solstad goes on decarbonisation quest with Wärtsilä

Solstad has turned to Wärtsilä in a bid to reduce the carbon footprint of its fleet and achieve its decarbonisation ambitions by 2050.

about 4 years ago
GES
Outlook & Strategy

GES closes its 1st investment in Port of Rotterdam

Following the signing of a binding agreement in November 2021, Singapore-based storage terminals operator Global Energy Storage (GES) has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, the Port of Rotterdam.

about 4 years ago
LNG carrier
Outlook & Strategy

Shipowner behind $217M LNG carrier order revealed

Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, is believed to have placed a $217 million order with Korea Shipbuilding & Offshore Engineering Co. (KSOE) for a liquefied natural gas (LNG) carrier. To remind, the Korean shipbuilding giant recently revealed the contract for 174,000 c

about 4 years ago
The installation works for EWP-EDF One project begin (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power kicks off installation of 10 wave energy floaters in Israel

Eco Wave Power has started the installation of 10 wave energy floaters in the Port of Jaffa in Israel as part of the EWP-EDF One project.

about 4 years ago
Illustration (Courtesy of MPS/Photo by Owen Howells Photography)
Outlook & Strategy

Marine Power Systems scouts for new team members

Welsh company Marine Power Systems (MPS) is looking to fill the vacancies for three positions related to the development of its wave energy and floating wind projects.

about 4 years ago
dual-fuel methanol-ready multipurpose vessel
Outlook & Strategy

AAL expands methanol-ready multipurpose vessel fleet

Singapore-based heavy-lift project carrier AAL Shipping has added two multipurpose vessels (MPV) to its third-generation newbuilding programme, increasing its orderbook to six Super B-class vessels.

about 4 years ago
Milford Haven Waterway (Courtesy of Marine Energy Wales)
Outlook & Strategy

Welsh marine energy test site gets business development boost

Pembrokeshire Coastal Forum, the legal entity behind Marine Energy Test Area (META) project, has hired UK-based consultancy Saline Marine to grow clients and activities in the test area offshore Wales.

about 4 years ago
VLCC
Outlook & Strategy

Green methanol-fueled VLCC wins AiP from CCS, DNV

The green methanol-powered very large crude carrier (VLCC) ship concept jointly developed by COSCO SHIPPING Energy and CSSC’s Dalian Shipbuilding Industry Corporation (DSIC) has received approval in principle (AIP) from two classification societies.

about 4 years ago
West Jupiter drillship - Seadrill
Outlook & Strategy

Almost there – Seadrill heading for bankruptcy exit

Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.

about 4 years ago
Port of Antwerp
Outlook & Strategy

Port of Antwerp takes next step towards halving CO2 emissions

Antwerp@C project, which aims to cut CO2 emissions within the Port of Antwerp’s perimeters by 50% by 2030, has entered its engineering phase with a final investment decision expected by the end of 2022.

about 4 years ago
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