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Outlook & Strategy

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training
Outlook & Strategy

Japanese big three shipping companies mull over donating large training ship to JMETS

Japanese ‘big three’ shipping companies Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line), and Kawasaki Kisen Kaisha (K Line), along with the Japanese Shipowners’ Association (JSA), have initiated discussions to donate a large-sized training vessel to the Japan Agency of Maritime E

about 1 year ago
ACWA Power inks new deals for hydrogen and renewable power export to Europe
Outlook & Strategy

ACWA Power inks new deals for hydrogen and renewable power export to Europe

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Saudi developer of green hydrogen plants ACWA Power has sealed several agreements and memoranda of understanding (MoUs) with international partners to work on creating a green hydrogen and renewable energy export value chain between Saudi Arabia and Europe.

about 1 year ago
Van Oord orders two methanol-capable subsea rock installation vessels from China
Outlook & Strategy

Van Oord orders two methanol-capable subsea rock installation vessels from China

Van Oord has placed an order with a Chinese shipyard for two next-generation subsea rock installation vessels that will be capable of operating on methanol. The vessels, to be constructed by Yantai CIMC Raffles Offshore in China, will be equipped with a loading capacity of 35,000 tons, will be capab

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Outlook & Strategy

WaveX gears up for wave power prototype with new fabrication partner

Australian wave energy developer WaveX has become a corporate member of the Henderson Alliance, a Western Australia-based network supporting local manufacturing and small and medium-sized enterprises (SMEs) in the energy and defence sectors. According to Henderson Alliance, WaveX is developing wave

about 1 year ago
South Korean firm finishes construction of 'Asia's largest HVDC cable facility'
Outlook & Strategy

Construction of ‘Asia’s largest HVDC cable facility’ wraps up

South Korean subsea cable manufacturer LS Cable & System has completed the construction of what it says is the largest high-voltage direct current (HVDC) cable production facility in Asia. LS Cable & System announced on July 16 that it had completed the construction of its fifth submarine cable plan

about 1 year ago
Leonardo da Vinci continues installing cables at first UK-Germany energy link
Outlook & Strategy

Leonardo da Vinci continues installing cables at first UK-Germany energy link

Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the

about 1 year ago
$360M investment to be made for first phase of South Korean subsea cable manufacturing plant
Outlook & Strategy

$360M investment to be made for first phase of South Korean subsea cable manufacturing plant

South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Outlook & Strategy

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Photo of the floaters from Eco Wave Power's Israeli project, for illustration purposes
Outlook & Strategy

Board update as Eco Wave Power gears up for LA wave energy debut

Wave energy developer Eco Wave Power has elected Hilary E. Ackermann to its Board of Directors, following approval at the company’s annual general meeting. Ackermann, who previously served on Eco Wave Power’s Advisory Board, brings expertise in energy sustainability, corporate governance, and risk m

about 1 year ago
CorPower Ocean wave energy farm
Outlook & Strategy

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
Navigator
Outlook & Strategy

Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers

Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime.

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Outlook & Strategy

EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
NKT contracts Helix Robotics to operate 'world’s most powerful' subsea trencher
Outlook & Strategy

NKT contracts Helix Robotics to operate ‘world’s most powerful’ subsea trencher

Denmark-headquartered power cable manufacturer and installation firm NKT has selected Helix Robotics Solutions Limited, the UK robotics division of Helix Energy Solutions Group, as the service provider for what is said to be the world’s most powerful subsea trencher. NKT and Helix Robotics entered i

about 1 year ago
yellow wave buoy in open sea
Outlook & Strategy

Solar-powered buoy network to enhance coastal data across Australia

Researchers at the University of Western Australia (UWA) have launched a national network of solar-powered wave buoys to improve data on wave-driven processes and coastal change. The network, part of the Integrated Marine Observing System (IMOS) Coastal Wave Buoys Facility, is led by Mike Cuttler an

about 1 year ago