French start-up HelioRec has teamed up with information technology company Digital Dood to explore linking floating solar technology with artificial intelligence (AI) to address various blue economy challenges.
Oil major Shell has decided to terminate the current contract for the survey vessel Amazon Warrior after it had to halt its seismic survey activities along South Africa’s Wild Coast following a court decision. According to the latest AIS data, Amazon Warrior has left South Africa and is currently on
Vattenfall is working on a hydrogen demonstrator project named Hydrogen Turbine 1 (HT1), which involves installing hydrogen production equipment on one of the wind turbines at its Aberdeen Offshore Wind Farm (European Offshore Wind Deployment Centre) in Scotland. The company has already submitted a
Valaris has been awarded several new contracts for its rigs for operations in the Gulf of Mexico, Australia, and the UK North Sea.
Swedish-Israeli wave energy company Eco Wave Power has transported the first set of floaters and supporting structures for its grid-connected wave energy project to the Jaffa Port project site in Israel.
Greek multinational financial services company Piraeus Bank has reached an agreement to sell a portfolio of non-performing shipping loans for €400 million (about 452.7 million).
Welsh marine energy company Marine Power Systems (MPS) has launched a research project, in collaboration with the Swansea University, to help understand the whole life costs and recyclability of its marine energy technology.
French shipping giant CMA CGM has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal, one of the largest terminals in the Port of Los Angeles that provides container handling services to shipping lines.
AET has taken delivery of the first of three Suezmax DP2 shuttle tankers, purpose-built for a charter inked with Shell for ops in Brazil.
Mohammedia Port near Casablanca will host the country’s first liquified natural gas (LNG) floating storage and regasification unit (FSRU), according to The National Ports Agency (ANP).
UK’s investment company Tufton Oceanic Assets Limited has decided to expand its fleet with two vessels.
Skuld, a marine insurance provider, has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping, an independent not-for-profit research and development center, as part of its stated intention to protect ocean industries.
UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.
The third and final dual-fuel LNG battery hybrid pure car and truck carrier (PCTC) has been launched in China for United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation.
