AWS Ocean Energy has unveiled ‘highly encouraging’ results from the current phase of sea trials of its Waveswing wave energy device at the European Marine Energy Centre (EMEC) in Orkney.
Japanese shipping major NYK Line has revealed its intentions to order two liquefied natural gas-(LNG) fuelled large coal carriers from compatriot shipbuilder Oshima Shipbuilding Co.
Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has entered into a definitive acquisition deal with the Poseidon Acquisition Corp under which Poseidon will acquire Atlas in an all-cash transaction for $10.9 billion. The deal is being struck on the b
Several major utility companies have formed a coalition that plans to pursue federal financial support for a Southeast Hydrogen Hub, responding to the recently announced $8 billion funding opportunity from the U.S. Department of Energy (DOE). The coalition includes Dominion Energy, Duke Energy, Loui
ADNOC has awarded three framework agreements valued at $4 billion for integrated drilling fluids services (IDFS).
Since the official launch of Amogy in November 2020, the Brooklyn-based technology startup has had several important milestones. The company is building a zero-emission ammonia-to-power system, which aims to enable the decarbonization of heavy-duty transportation and industries, including shipping.
Dutch company SeaQurrent has closed a multi-million euro funding round, securing support from major organizations for the development of its tidal energy technology and projects.
Trillion has revealed flow test results for the first well in its 2022 – 2023 drilling campaign on a gas field in the Black Sea off Türkiye.
Chinese shipbuilders are pressing ahead with the construction of the world’s largest containerships set to enter the market. Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group, has launched two ultra-large containerships featuring 24,000 TEU in container capacity. The ships ar
UK’s regulator says that the industry will make significant savings in time and money following its move to cut red tape and scrap the requirement for CoP reports.
Germany-headquartered subsea geo-information specialist TrueOcean has launched a new digital platform that unifies subsea survey data formats. According to TrueOcean, the smart marine data platform (MDP) accelerates the transformation of marine data acquired by underwater sensors, including multibea
Amon Maritime has launched a new offshore market player – Amon Offshore – and a carbon-free, ammonia-powered PSV design.
Croatian shipbuilder Brodosplit, part of the DIV Group, has laid the keel for a zero-emission electric passenger sailing ship.
Mitsubishi Power, a power solutions brand of Japanese Mitsubishi Heavy Industries (MHI), has signed a long-term service agreement (LTSA) with Egyptian liquefied natural gas (LNG) producer Damietta LNG to enhance the reliability, efficiency and availability of power supply and protect LNG production
