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Outlook & Strategy

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China’s Wuhu Shipyard sets sights on European market with new green shipping alliance
Outlook & Strategy

China’s Wuhu Shipyard sets sights on European market with new green shipping alliance

Chinese shipbuilder Wuhu Shipyard has moved to enter the European market with a new research and development (R&D) cooperation agreement focused on green shipping technology.

about 1 year ago
Support for Saipem's two flex-lay campaigns in West Africa comes from UK firm
Outlook & Strategy

Support for Saipem’s West African flex-lay campaigns comes from UK firm

Aberdeen-headquartered Maritime Developments Limited (MDL) has supported Italian engineering, drilling, and construction services company Saipem during flex-lay campaigns in West Africa. Under its contract, MDL was in charge of providing specialist equipment and operational support to enable Saipem’

about 1 year ago
Linde to supply gases for large-scale low-carbon ammonia project in US
Outlook & Strategy

Linde to supply gases for large-scale low-carbon ammonia project in US

Linde has signed a long-term agreement with Blue Point Number One, a joint venture between CF Industries, JERA and Mitsui & Co., to supply industrial gases to their 1.4 million metric tons low-carbon ammonia plant in Ascension Parish, Louisiana, U.S.

about 1 year ago
tanker
Outlook & Strategy

Alternative fuels: How far has tanker industry come?

The tanker sector keeps its finger on the pulse regarding fuel options but is cautious about readiness, safety, and regulatory support, BIMCO, the world’s largest international shipping association, said.

about 1 year ago
EU flags
Outlook & Strategy

Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen

Industry groups have called on the European Commission to acknowledge their concerns with the current draft ‘Delegated Act’ defining the greenhouse gas (GHG) methodology for low-carbon hydrogen and its derivatives, claiming that the new version of this secondary legislation threatens the overall fea

about 1 year ago
Consultant Manager Bloom Clean Technology & Climate Tech Center of Excellence - Damien Prescod / CEO of Global OTEC, Dan Grech. Source: Global OTEC
Outlook & Strategy

Barbados to explore ocean thermal energy development with Global OTEC

The Barbados Investment & Development Corporation (BIDC) has signed a memorandum of understanding (MoU) with UK-based Global OTEC to collaborate on the deployment of ocean thermal energy conversion (OTEC) systems in Barbados. The agreement involves cooperation through BIDC’s Bloom Clean Technology a

about 1 year ago
ITS eyes open-access CO2 infrastructure at Sweden’s Port of Södertälje by 2030
Outlook & Strategy

ITS eyes open-access CO2 infrastructure at Sweden’s Port of Södertälje by 2030

Inter Terminals Sweden (ITS), part of bulk liquid storage provider Inter Terminals, and the Port of Södertälje have commenced a project to establish and open and flexible infrastructure for captured CO2 in the Mälardalen region.

about 1 year ago
ASEAN
Outlook & Strategy

ASEAN countries boost maritime decarbonization efforts

Members of the Association of South East Asian Nations (ASEAN) group are stepping up to move from ambition to action in maritime decarbonization, the International Maritime Organization (IMO) said.

about 1 year ago
Symphony Wave Power partners with compatriot firm on wave energy pilot in Dutch North Sea
Outlook & Strategy

Symphony Wave Power partners with compatriot firm on wave energy pilot in Dutch North Sea

The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa

about 1 year ago
Fugro wins survey contracts for RWE, TotalEnergies’ German offshore wind projects
Outlook & Strategy

Fugro wins survey contracts for RWE, TotalEnergies’ German offshore wind projects

Dutch Fugro has been awarded contracts to conduct geophysical and geotechnical site investigations for the development of TotalEnergies and RWE’s two large-scale offshore wind farms in the German North Sea. Windbostel Ost and Windbostel West, being developed by a joint venture between RWE and TotalE

about 1 year ago
HD Hyundai-ECO alliance targets US-built LNG-fueled boxships by 2028
Outlook & Strategy

HD Hyundai-ECO alliance targets US-built LNG-fueled boxships by 2028

South Korean shipbuilding giant HD Hyundai has launched a strategic collaboration with Tampa Ship, a U.S. shipyard and an affiliate of Edison Chouest Offshore (ECO), to construct LNG-fueled containerships in the U.S., aiming for first deliveries as early as 2028.

about 1 year ago
DNV approves new ammonia bunkering vessel design by SeaTech and Oceania
Outlook & Strategy

DNV approves new ammonia bunkering vessel design by SeaTech and Oceania

DNV has awarded an approval in principle (AiP) to SeaTech Solutions (SeaTech) in collaboration with Oceania Marine Energy (Oceania) for the design of a new 10,000 cbm ammonia bunkering vessel.

about 1 year ago
Vallourec lands 'large' Qatar deal weeks after acquiring Brazillian pipe coating firm
Outlook & Strategy

Vallourec lands ‘large’ Qatar deal weeks after acquiring Brazillian pipe coating firm

French provider of tubular solutions Vallourec has secured a contract defined as large for the supply of oil country tubular goods (OCTG) for drilling operations in Qatar, representing over $50 million in potential revenue. According to the company, the agreement includes the supply of carbon steel

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

WaveX looks to close seed round and unlock govt grant for wave energy system

Australian wave energy developer WaveX is approaching completion of its current seed raise, securing 82% of its targeted funding round ahead of the June 30, 2025 deadline. The Perth-based company has partnered with LIQUIDITY as lead manager to finalize the seed raise. The final push is said to get W

about 1 year ago
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