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Outlook & Strategy

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shipping
Outlook & Strategy

Industry heavyweights call for net-zero shipping by 2050

The shipping industry must reach zero emissions by 2050, and to get there zero-emission ships must become the dominant and competitive choice by 2030, an op-ed signed by big industry names insists. This means that the International Maritime Organization (IMO) would need to step up and revise its dec

about 5 years ago
Fincantieri
Outlook & Strategy

Fincantieri, Faist JV to produce lithium-ion batteries

Italian shipbuilding major Fincantieri SI and Faist Group company specialized in the development and supply of complete energy storage systems, Faist Electronics have founded Power4Future, a joint venture dedicated to the production of lithium-ion batteries.

about 5 years ago
Photo showing HydroQuest's OceanQuest turbine being deployed at Paimpol-Bréhat site (Courtesy of HydroQuest)
Outlook & Strategy

HydroQuest to develop 17.5MW tidal energy farm at Raz Blanchard

French marine energy company HydroQuest has unveiled plans to develop a 17.5MW tidal energy farm at Raz Blanchard site, located off Normandy in France, following the takeover of the concession for the site from its former operator EDF Renewables.

about 5 years ago
Illustration (Courtesy of Magseis Fairfield)
Outlook & Strategy

Magseis Fairfield marks 100th OBN survey milestone with carbon neutral debut

Seabed seismic player Magseis Fairfield has completed the acquisition of its 100th Ocean Bottom Node (OBN) survey, having performed the most recent one as the first carbon neutral seismic survey. The OBN survey for BP over various assets in the US Gulf of Mexico was announced in December last year a

about 5 years ago
Photo showing Archimedes Waveswing device under construction (Courtesy of AWS Ocean Energy)
Outlook & Strategy

EMEC opens consultation on Archimedes Waveswing decom programme

The European Marine Energy Centre (EMEC) has launched a consultation on a decommissioning programme for AWS Ocean Energy’s Archimedes Waveswing device that will be tested in the waters off Orkney in summer 2021.

about 5 years ago
Suncor
Outlook & Strategy

Suncor vows to cut emissions by third and become net-zero firm

Canadian energy company Suncor has announced its intentions to cut emissions by a third and become a net-zero company as investors and courts start putting pressure on oil companies.

about 5 years ago
Concept for MPS' marine renewable energy farm (Courtesy of MPS)
Outlook & Strategy

MPS unveils crowdfunding campaign plans

Marine Power Systems (MPS) has opened pre-registration for early access to a crowdfunding campaign run by equity investment experts Crowdcube, with the public campaign due to go live in June.

about 5 years ago
Illustration/ORPC’s earlier version of TidGen device (Courtesy of ORPC)
Outlook & Strategy

ORPC files for permit for 5MW Cook Inlet tidal scheme

Marine energy company ORPC has submitted a preliminary permit application to the Federal Energy Regulatory Commission (FERC) for a tidal energy project at East Foreland in Alaska.

about 5 years ago
Image showing Marine Power Systems’ marine energy technology (Courtesy of Marine Power Systems)
Outlook & Strategy

Welsh investment angels deliver £950K boost for Marine Power Systems

A syndicate of significant Welsh investment angels has completed a £950,000 investment in Swansea-based renewable energy developer Marine Power Systems.

about 5 years ago
WoodMac: Europe as global LNG price-setter
Outlook & Strategy

WoodMac: Europe as global LNG price-setter

Energy intelligence group Wood Mackenzie reports Europe’s LNG market dynamics as the ones driving the LNG price recovery.

about 5 years ago
Photo showing Duke and Duchess on board the Orkney O2 tidal turbine (Courtesy of EMEC/Photo by Colin Keldie)
Outlook & Strategy

The royals put spotlight on tidal energy

The Duke and Duchess of Cambridge have visited Orkney and the European Marine Energy Centre (EMEC) in pursuit of solutions for tackling climate change and supporting the UK’s green economic recovery.

about 5 years ago
Concept for ORPC’s TidGen with Sustainable Marine’s anchoring system (Courtesy of ORPC)
Outlook & Strategy

Sustainable Marine hooks TidGen anchoring job

U.S.-based marine energy company ORPC has contracted Sustainable Marine’s Swift Anchors division to provide its novel rock anchoring system for ORPC’s Advanced TidGen project set to launch in Maine later this year.

about 5 years ago
Shell logo
Outlook & Strategy

Dutch court orders Shell to curb emissions in ‘historic ruling’

A Dutch court has ordered Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but Shell plans to appeal

about 5 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

SELKIE connects industry experts with marine energy newcomers

The EU-backed SELKIE project has launched its ‘Meet the Expert’ series of events focused on providing business support for companies looking to diversify into the marine energy sector.

about 5 years ago
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