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Outlook & Strategy

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Statkraft and Clydeport agree to explore green hydrogen project at Hunterston PARC
Outlook & Strategy

Statkraft and Clydeport agree to explore green hydrogen project at Hunterston PARC

Norwegian renewable energy supplier Statkraft and Clydeport, part of the UK’s Peel Ports Group, have exchanged an option agreement to explore the potential development of a green hydrogen facility at Clydeport’s Hunterston Port and Resource Campus (PARC) site in Scotland.

about 1 year ago
Two men shaking hands
Outlook & Strategy

Orlen and Naftogaz sign agreement to deepen energy ties

Ukraine’s state-owned energy company Naftogaz Group and Poland’s energy company ORLEN have signed a memorandum of understanding (MoU) to strengthen joint energy-related strategic initiatives.

about 1 year ago
Welsh Government-backed project to design and develop tidal stream turbine blades
Outlook & Strategy

Wales backs next-gen tidal stream turbine blade project

A new Welsh Government-backed project aims to design and develop next-generation tidal stream turbine blades, with a focus on increasing efficiency, durability, and overall performance in marine energy systems. Based in Broughton, the Advanced Manufacturing Research Centre (AMRC) Cymru will work alo

about 1 year ago
Moeve and Armas Trasmediterránea strike marine biofuel supply deal
Outlook & Strategy

Moeve and Armas Trasmediterránea strike marine biofuel supply deal

Spanish energy major Moeve, formerly Cepsa, has reached a strategic agreement with compatriot shipping company Armas Trasmediterránea to supply second-generation (2G) marine biofuels in the Canary Islands.

about 1 year ago
Siemens and RIC Energy join hands on hydrogen, ammonia, and e-fuels
Outlook & Strategy

Siemens and RIC Energy join hands on hydrogen, ammonia, and e-fuels

German technology conglomerate Siemens and Spanish renewable energy company RIC Energy have signed a memorandum of understanding (MoU) to jointly develop innovative projects in the fields of renewable hydrogen, green ammonia, and e-fuels in Spain.

about 1 year ago
UK government
Outlook & Strategy

Report: IMO’s NZF tilts future in favor of ammonia DF ships, leaves near-term path in limbo

The International Maritime Organization’s Net Zero Framework (NZF) gives ammonia dual-fuel ships a mid-2030s edge—but the near-term race is still wide open and riddled with uncertainty, a new report has highlighted. According to a study done by the UK’s UCL Energy Institute Shipping, UMAS and Oceans

about 1 year ago
ZOEX's wave energy converter (WEC) technology. Source: ZOEX
Outlook & Strategy

UK’s first female-founded wave energy firm raises $700K to advance its tech

Aberdeen-based ZOEX Power has secured £531,000 (around $715,000) in funding to support the development of its wave energy converter (WEC) technology. The round includes investment from angel syndicate Equity Gap, alongside backing from the University of Strathclyde and Scottish Enterprise. The inves

about 1 year ago
Azane handpicks Ofiniti’s digital platform for ammonia bunkering expansion
Outlook & Strategy

Azane handpicks Ofiniti’s digital platform for ammonia bunkering expansion

Norwegian bunkering company Azane Fuel Solutions has partnered with Ofiniti, a DNV spinoff, to support its ammonia bunkering expansion across Scandinavia with Ofiniti’s digital platform.

about 1 year ago
TAQA enters 700 MW Northern Ireland-Scotland interconnector, route surveys on schedule
Outlook & Strategy

TAQA enters 700 MW Northern Ireland-Scotland interconnector, route surveys on schedule

UK expert submarine cable and survey services provider A-2-Sea Solutions has been appointed to carry out route surveys for a new HVDC subsea electricity interconnector that will link the Belfast region in Northern Ireland and the Ayrshire region in Scotland. The LirIC interconnector project will hav

about 1 year ago
ONE
Outlook & Strategy

ONE commits to green ship recycling as newest member of STRI

Singapore-based liner shipping player Ocean Network Express (ONE) has established a ship recycling policy and joined the Ship Recycling Transparency Initiative (SRTI) to showcase its “commitment to responsible practices and environmental stewardship”.

about 1 year ago
ABS and Pusan National University to collaborate on liquid hydrogen carrier technology
Outlook & Strategy

ABS and Pusan National University to collaborate on liquid hydrogen carrier technology

Classification society ABS and South Korea’s Pusan National University have signed a memorandum of understanding (MoU) for the joint research and development of liquid hydrogen carriers and cryogenic engineering.

about 1 year ago
Ningbo Zhoushan Port
Outlook & Strategy

Ningbo Zhoushan Port eyes green shipping corridors with Hamburg, Wilhelmshaven and Valencia ports

Ningbo Zhoushan Port in East China has signed an agreement with one Spanish and two German ports to initiate the development of green shipping corridors and accelerate maritime decarbonization.

about 1 year ago
HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector
Outlook & Strategy

HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector

French hydrogen player HDF Energy and Vietnam Maritime Corporation (VIMC) have signed a strategic memorandum of understanding (MoU) to promote the use of green hydrogen and fuel cell technologies across VIMC’s operations.

about 1 year ago
Marketex Offshore Constructions wraps up subsea template deliveries for Aker BP
Outlook & Strategy

Estonian firm delivers subsea templates for Aker BP

Estonia-based Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has completed the delivery of ten subsea templates for Norwegian oil and gas player Aker BP’s Yggdrasil area development offshore Norway. According to MOC, the first six units were handed over earlier in 2024, while the

about 1 year ago
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