CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.
Israel-based company Xfloat has secured a $1 million grant to advance its floating solar technology together with the partners from the United States.
Norwegian tech provider Kongsberg Maritime has demonstrated a range of remote and autonomous technologies on a cargo vessel operating off the coast of Norway. The demonstration project took place in the North Sea and it is a result of collaboration between Kongsberg and the shipowner Eidsvaag AS, wi
Energy major Eni and classification society RINA have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation of their respective operations and particularly maritime transport. According to Eni, the agreement focuses on the use of HVO (hyd
Converting oil and gas infrastructure for use in the offshore wind industry would slash installation costs for renewable energy operators.
Texas-based oil and gas services company Trendsetter Engineering has secured a contract with ExxonMobil Guyana for its gas-to-energy project offshore Guyana. Under the contract awarded by Esso Exploration and Production Guyana, Trendsetter will deliver its TCS subsea connectors, hubs, and an assortm
Norwegian chemical tanker company Stolt Tankers and Germany-based chemical producer BASF have hosted a christening ceremony for the new low-water inland tanker Stolt Ludwigshafen. The vessel was named at BASF’s Ludwigshafen site on May 26, 2023. The ship’s godmother, Barbara Hoyer, Vice President of
The Port of Gothenburg, the largest port in Scandinavia, has signed a sister port agreement with the Port of Shenzhen, the fourth-largest port in the world, to work together on sustainable transport, volume growth, and new technology.
The Danish government has selected state-owned companies Energinet and Evida to own and operate the backbone of the country’s future hydrogen infrastructure. On 23 May, the Danish Ministry of Climate, Energy and Utilities revealed the agreement signed by the government and supporting political parti
The Petroleum Safety Authority Norway (PSA) has completed an audit of the joint venture behind the Northern Lights carbon capture and storage project (CCS) and some of its elements. The PSA conducted an audit of the Northern Lights joint venture and the follow-up of pipelines and subsea facilities i
Chinese shipping company China Merchants Energy Shipping (CMES) has moved forward with fleet expansion plans by signing contracts for the construction of two massive liquefied natural gas (LNG) carriers and two Aframax crude oil tankers. Dalian Shipbuilding has secured the shipbuilding contracts for
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has held a naming ceremony for two very large gas carriers (VLGCs) built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM).
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
Japanese battery startup PowerX Inc. has unveiled a detailed design of the first-ever battery tanker at the Bariship International Maritime Exhibition held in Imabari City in Japan.
