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Outlook & Strategy

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IDOM?s MARMOK A-5 wave energy prototype (Courtesy of IDOM)
Outlook & Strategy

IDOM’s wave energy device takes VALID project spotlight

The partners in the EU-funded VALID project have set out intention to tackle failures in generators and power electronics of wave energy devices, starting with the analysis of loads endured by IDOM’s wave energy converter.

about 4 years ago
Nordic Shipholding
Outlook & Strategy

Nordic Shipholding sells last three tankers in its fleet

Denmark-based shipowner Nordic Shipholding has decided to dispose of the remaining three tankers in its fleet.

about 4 years ago
Australia and Japan in clean hydrogen trade collaboration
Outlook & Strategy

Australia and Japan in clean hydrogen trade collaboration

The first round of the Australian Clean Hydrogen Trade Program (ACHTP) will focus on the export of clean hydrogen to Japan under the Japan-Australia Partnership on Decarbonisation through Technology.

about 4 years ago
Sabah govt and Petronas set in motion gas masterplan
Outlook & Strategy

Sabah govt and Petronas devise masterplan to pursue full potential of natural gas industry

Petronas and the state government have launched the Sabah Gas Masterplan, to guide further development of natural gas in this Malaysian state.

about 4 years ago
EnerMech expects busy year ahead due to deals worth over $675.5 million upping headcount by 30 per cent from 2020
Outlook & Strategy

Busy year ahead for EnerMech as new deals spur headcount increase

EnerMech has kick-started 2022 expecting to have a busy year ahead with deals worth over $675.5 million secured through new awards in 2021.

about 4 years ago
MSC
Outlook & Strategy

MSC overtakes Maersk as world’s largest ocean carrier

Swiss container shipping company Mediterranean Shipping Company (MSC) is now the world’s largest ocean carrier by operated container vessel capacity, maritime consultancy Alphaliner said.

about 4 years ago
Illustration/HelioRec testing its floating solar system at Ecole Centrale de Nantes (Screenshot/Video by HelioRec)
Outlook & Strategy

HelioRec explores linking floating solar with AI

French start-up HelioRec has teamed up with information technology company Digital Dood to explore linking floating solar technology with artificial intelligence (AI) to address various blue economy challenges.

about 4 years ago
Ongoing works for EWP-EDF One wave energy project at Jaffa Port, Israel (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power takes delivery of wave energy floaters in Israel

Swedish-Israeli wave energy company Eco Wave Power has transported the first set of floaters and supporting structures for its grid-connected wave energy project to the Jaffa Port project site in Israel.

about 4 years ago
Illustration/MPS' quarter-scale WaveSub device (Courtesy of MPS)
Outlook & Strategy

MPS tackles recyclability and environmental impacts of marine energy tech

Welsh marine energy company Marine Power Systems (MPS) has launched a research project, in collaboration with the Swansea University, to help understand the whole life costs and recyclability of its marine energy technology.

about 4 years ago
AET brings in first of three brand-new Shell-chartered DP2 shuttle tankers for ops in Brazil
Outlook & Strategy

AET brings in first of three brand-new shuttle tankers for Shell charter

AET has taken delivery of the first of three Suezmax DP2 shuttle tankers, purpose-built for a charter inked with Shell for ops in Brazil.

about 4 years ago
Tufton Oceanic
Outlook & Strategy

Tufton Oceanic buys tanker and bulker

UK’s investment company Tufton Oceanic Assets Limited has decided to expand its fleet with two vessels.

about 4 years ago
Skuld joins global initiative for zero-carbon shipping
Outlook & Strategy

Skuld joins global initiative for zero-carbon shipping

Skuld, a marine insurance provider, has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping, an independent not-for-profit research and development center, as part of its stated intention to protect ocean industries.

about 4 years ago
KCC
Outlook & Strategy

KCC, South32 ink 1st sustainability-linked COA

KCC Chartering AS, part of Norwegian shipping company Klaveness Combination Carriers (KCC), and South32 Marketing, a subsidiary of Australian mining and metals company South32, have signed a contract of affreightment (COA) for shipments of caustic soda to South32’s Worsley Alumina refinery located i

about 4 years ago
Tidewater
Outlook & Strategy

Tidewater adds ‘seasoned executive’ to its board to foster growth in recovering oil & gas market

Tidewater has appointed a new member to its board of directors, which is expected to assist in spearheading the company’s growth strategy.

about 4 years ago
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