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Outlook & Strategy

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ABB
Outlook & Strategy

ABB joins project to build world’s 1st methanol-hydrogen fuel cell towboat

ABB Marine & Ports has signed a memorandum of understanding (MoU) with Maritime Partners (MP), Elliott Bay Design Group (EBDG) and e1 Marine to develop a hydrogen-powered inland towboat for operation in the U.S.

about 4 years ago
MOL expanding business portfolio with two new acquisitions
Outlook & Strategy

MOL expanding business portfolio with two new acquisitions

Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to acquire common stock of real estate ownership firm Daibiru Corporation and maritime transport company Utoc Corporation.

about 4 years ago
CMA CGM
Outlook & Strategy

CMA CGM, Shell wrap up 1st BioLNG bunkering trial

French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.

about 4 years ago
ExxonMobil CEO Darren Woods
Outlook & Strategy

ExxonMobil earmarks $15 billion for lower-emission spending over next six years

ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.

about 4 years ago
Fugro Pioneer in methanol switch
Outlook & Strategy

Fugro Pioneer in methanol switch

Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.

about 4 years ago
Jurong Port
Outlook & Strategy

Jurong Port joins ammonia-fuelled tanker initiative

Jurong Port has joined the Castor Initiative, a global partnership that is committed to make zero-emission shipping a reality.

about 4 years ago
Petrofac, Cranfield University jointly investigating new zero-emission tech
Outlook & Strategy

Petrofac, Cranfield University jointly investigating new zero-emission tech

Oilfield services provider Petrofac has teamed up with Cranfield University to investigate new technology that could minimise the impact of amine scrubbing technology.

about 4 years ago
PSA International to acquire US logistics firm
Outlook & Strategy

PSA International to acquire US logistics firm

Global port group PSA International has signed an agreement to acquire privately-held logistics firm BDP International from New York-based Greenbriar Equity Group.

about 4 years ago
Oceanbird
Outlook & Strategy

JV formed to speed up deployment of Oceanbird wind propulsion tech

Sweden-based companies Alfa Laval and Wallenius have finalized the creation of a JV to speed up Oceanbird wind propulsion tech deployment.

about 4 years ago
Mobility R&D fund investing in Dutch hydrogen-powered shipping
Outlook & Strategy

Mobility R&D fund investing in Dutch hydrogen-powered shipping

Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.

about 4 years ago
Pacific Basin
Outlook & Strategy

Pacific Basin rolls out carbon-neutral voyage program

Hong Kong-based dry bulk shipping company Pacific Basin has launched its PB Carbon Neutral Voyage Programme as part of its broader decarbonization strategy.

about 4 years ago
First-ever hydrogen fuelling of maritime vessel in US completed
Outlook & Strategy

First-ever hydrogen fuelling of maritime vessel in US completed

The US-based shipowner SWITCH Maritime has completed the world’s first hydrogen fuelling of a commercial marine vessel at All American Marine shipyard.

about 4 years ago
Illustration/SIMEC Atlantis’ AR-1500 tidal turbine (Courtesy of SIMEC Atlantis)
Outlook & Strategy

SIMEC Atlantis shuffles executive board

UK-based marine energy company SIMEC Atlantis Energy has made new executive and non-executive directorate appointments.

about 4 years ago
Illustration/Minesto's Dragon Class tidal energy kite (Courtesy of Minesto)
Outlook & Strategy

Minesto and Schneider Electric display joint renewable baseload offer

Swedish marine energy developer Minesto and Schneider Electric have showcased their joint clean power offer as part of their strategic partnership to bring ocean energy into the global renewable energy mix.

about 4 years ago
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