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Outlook & Strategy

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Waveswing’s arrival on Copelands Dock (Courtesy of EMEC/Photo by Colin Keldie)
Outlook & Strategy

Waveswing reaches Orkney ahead of wave energy trials at EMEC

Scottish company AWS Ocean Energy has transported its Archimedes Waveswing wave energy device to Stromness in Orkney, ahead of deployment at the European Marine Energy Centre (EMEC). The 16kW Archimedes Waveswing arrived at Hatston Pier in Kirkwall on January 25, 2022, before being transported to Co

about 4 years ago
Illustration/Initial mobile test vessel concept (Courtesy of IDOM)
Outlook & Strategy

U.S. DOE puts form and function of tidal power test vessel up for industry input

Multi-national corporation IDOM, in collaboration with U.S. partners, is seeking feedback from tidal energy industry on the optimal design of a mobile test vessel to ensure its capabilities provide best support for the scope of tidal energy turbine testing.

about 4 years ago
Panoro closing Nigerian chapter following govt’s nod
Outlook & Strategy

Panoro closing Nigerian chapter following long-awaited govt’s nod

Panoro Energy has received approvals from the Nigerian government for the sale of all its interest in in OML 113 off Nigeria to PetroNor.

about 4 years ago
hybrid ferry
Outlook & Strategy

India: 1st 100 pax hybrid electric ferry classed

Ship classification society Indian Register of Shipping (IRClass) has classed the first hybrid battery-powered catamaran built by Indian shipbuilder Cochin Shipyard.

about 4 years ago
Meet VindØ - The world's first energy island
Outlook & Strategy

COWI puts its foot down on new fossil fuel projects, welcomes offshore wind and green hydrogen

The Denmark-headquartered engineering company COWI will turn down all fossil fuel projects from now on as it aims to transform its business and reach 100 per cent revenue within sustainability-related projects in three to five years’ time. In a press release issued on 25 January, the CEO of COWI Gro

about 4 years ago
Maersk
Outlook & Strategy

Maersk shares ocean weather observations to aid climate research

Danish shipping and logistics giant A.P. Moller – Maersk is releasing all historical and future ocean weather observations into the public domain for free use by the scientific community around the globe.

about 4 years ago
Illustration (Courtesy of Noria Energy)
Outlook & Strategy

Greenbacker Capital enters floating solar market

Sustainable infrastructure investor Greenbacker Capital has made an equity investment in California-based solar developer Noria Energy, marking its entry into floating solar market.

about 4 years ago
Suez Canal
Outlook & Strategy

Greek port and Suez Canal seal business deal

Greek Port of Thessaloniki (ThPA) and the Suez Canal Economic Zone (SCZone) have signed a cooperation agreement to develop international trade and increase business activities on the sea route between Europe and Asia.

about 4 years ago
ammonia
Outlook & Strategy

Nordic partners to proceed with ammonia-fueled ammonia carrier design

The Nordic Green Ammonia-Powered Ship (NoGAPS) project has entered its second phase to produce a detailed ship design for an ammonia-fueled vessel that will also carry ammonia as a cargo.

about 4 years ago
Borr Drilling - Creditors sign off on Borr’s first step in financing quest
Outlook & Strategy

Borr creditors sign off on deferral agreements with yards

Borr Drilling has received consent from creditors for the extension of debt maturities and delivery instalments from 2023 to 2025.

about 4 years ago
Morlais tidal energy zone (Courtesy of Nova Innovation)
Outlook & Strategy

Franco-Scottish tidal power duo secures 12MW berth offshore Wales

French tidal energy company Sabella and its Scottish counterpart Nova Innovation have secured a 12MW berth at one of the world’s largest tidal energy sites off the coast of Anglesey in Wales.

about 4 years ago
Fincantieri orders Proton Motor’s 142kW fuel cell system for zero-emission performance
Outlook & Strategy

Fincantieri orders Proton Motor’s 142kW fuel cell system for zero-emission performance

Italian shipbuilder Fincantieri has ordered the eco-friendly hydrogen-powered propulsion solution from the German producer Proton Motor Fuel Cell to be used as the main power supply for the zero-emission navigation.

about 4 years ago
DNV
Outlook & Strategy

DNV to lead ammonia bunkering safety study in Singapore

Classification society DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore.

about 4 years ago
offshore rig market analysis by Westwood
Outlook & Strategy

Offshore rig market improvement in 2021 driven by high EPC spend – Westwood

The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.

about 4 years ago
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