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Outlook & Strategy

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Stein Kvalsund, CEO Hub for Ocean/Ocean Hyway Cluster
Outlook & Strategy

The key role of hydrogen in the decarbonization puzzle

Hydrogen has been assigned a major role in the maritime decarbonization puzzle, as it promises to be a cost-effective green alternative for large ocean-going vessels. “Hydrogen and Fuel Cells (FCs) for maritime transport have been demonstrated in numerous pilot vessels over the last two decades. Rec

about 5 years ago
Image showing Jan de Nul's new Swordfish subsea trencher (Courtesy of Jan de Nul Group)
Outlook & Strategy

Jan De Nul books new subsea trenching vehicle

Jan de Nul Group has signed an agreement with the UK offshore technology supplier Osbit for the design and construction of a new subsea trenching vehicle.

about 5 years ago
U.S. DoE to invest $75 mln in decarbonization tech
Outlook & Strategy

U.S. DoE to invest $75 mln in decarbonization tech

The United States Department of Energy has earmarked $75 million for cost-shared development projects including carbon capture systems and decarbonization of natural gas power and industrials sectors.

about 5 years ago
Photo of Martin Carruth (Courtesy of MPS)
Outlook & Strategy

Marine Power Systems names commercial director

UK-based marine energy company Marine Power Systems (MPS) has appointed Martin Carruth as its new commercial director.

about 5 years ago
Photo of ATIR heading to Fall of Warness site (Courtesy of Magallanes Renovables)
Outlook & Strategy

Magallanes redeploys ATIR tidal energy platform at EMEC

Spanish tidal energy developer Magallanes Renovables has reinstalled its 2MW ATIR tidal energy platform at the European Marine Energy Centre (EMEC) in Scotland.

about 5 years ago
Illustration (Courtesy of Ningbo Orient Cable)
Outlook & Strategy

NBO delivers subsea cable for China’s first shore power supply project

Ningbo Orient Cable (NBO) has delivered the 220kV subsea cable for China National Offshore Oil Corporation’s (CNOOC’s) first shore power supply project.

about 5 years ago
Illustration/Verdant Power's tidal energy turbines (Courtesy of Verdant Power9
Outlook & Strategy

IEC releases noise measuring standard for marine energy industry

International Electrotechnical Commission’s (IEC’s) technical committee for marine energy conversion systems (IEC TC 114) has published a new specification designed to help marine energy industry with acoustic characterization measurements.

about 5 years ago
Mitsui & Co.
Outlook & Strategy

Mitsui & Co. joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

On 23 April 2021, Japan’s Mitsui & Co., Ltd. became a strategic partner of the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry.

about 5 years ago
Concept for the MWP vessel with a 20MWp Ocean Sun floating solar power plant (Courtesy of MWP)
Outlook & Strategy

Ocean Sun teams up with MWP to use floating solar tech for desalination

Norwegian companies Ocean Sun and Marine Water Production (MWP) have joined forces to produce fresh water through desalination using offshore floating solar technology.

about 5 years ago
MCB bankrolls Senegal's use of floating LNG power plants
Outlook & Strategy

MCB bankrolls Senegal’s use of floating LNG power plants

The Mauritius Commercial Bank (MCB) is facilitating Senegal’s transition to LNG for its electricity production through its $60 million participation in Karpowership operations.

about 5 years ago
singapore
Outlook & Strategy

Singapore bans crew change for seafarers who recently traveled to India

Singapore has prohibited crew change for seafarers with recent travel history to India, following a sharp spike in new COVID-19 cases in that country.

about 5 years ago
WoodMac: Asia reshaped LNG market within a year
Outlook & Strategy

WoodMac: Asia reshaped LNG market within a year

During the year in which the effects of the Coronavirus pandemic were felt across the globe, creating a worst economic situation since the great depression, Asian LNG markets have shown great resilience.

about 5 years ago
Photo showing Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power9
Outlook & Strategy

Orbital Marine launches world’s most powerful tidal turbine

Scottish tidal energy company Orbital Marine Power has launched its 2MW tidal turbine O2 from the Port of Dundee, sending it on its way to Orkney for commissioning and installation.

about 5 years ago
Sydney opera house
Outlook & Strategy

Energy transition down under and the risks of it going under

Australia, the world’s largest exporter of dry bulk commodities, is charting its path toward becoming carbon-neutral in line with the Paris Agreement goals. The country started hinting that it would join the global pledge on becoming a net-zero emitter by 2050 earlier this year, however, clear steps

about 5 years ago
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