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Outlook & Strategy

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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

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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
Provaris joins forces with K Line to commercialize hydrogen carriers
Outlook & Strategy

Provaris joins forces with K Line to commercialize hydrogen carriers

Australian energy company Provaris has signed a memorandum of understanding (MoU) with Japanese shipping company Kawasaki Kisen Kaisha (K Line) to progress toward commercializing its compressed hydrogen shipping and offshore storage solutions.

about 1 year ago
Equinor contracts compatriots for 4D survey over field operational since 2009
Outlook & Strategy

Equinor contracts compatriots for 4D survey over field operational since 2009

Norway’s state-owned energy company Equinor has contracted compatriot marine geoscience and technology company Shearwater GeoServices to perform a 4D survey over its Tyrihans field in the Norwegian Sea. Located 25 kilometers southeast of the Åsgard field in water depth of 270 meters, Tyrihans was di

about 1 year ago
Is producing renewable hydrogen as ammonia in EU cheaper than importing it?
Outlook & Strategy

Is producing renewable hydrogen as ammonia in EU cheaper than importing it?

Importing renewable hydrogen as ammonia from countries with abundant renewable sources could be more expensive than producing it domestically in the European Union, a new study found.

about 1 year ago