Australian wave energy developer Carnegie Clean Energy has raised AUD 2.116 million (almost €1.2 million) from its share purchase plan (SPP), which closed on September 8, 2025. According to Carnegie, the funds will be used to advance several initiatives supporting the commercialization of its CETO a
Representatives from US classification society ABS, University of Michigan, Singapore Institute of Technology (SIT) and Singapore-based propulsion solutions provider Sea Forrest Technologies have signed a memorandum of understanding (MoU) to explore batteries and electrification in maritime applicat
Germany’s engine maker Everllence (formerly MAN Energy Solutions) has initiated a strategic collaboration with Hyundai Heavy Industries Engine Division and HD Hyundai Mipo, part of the South Korean Hyundai Group, to develop a next-generation ammonia-fueled medium gas carrier.
Glenfarne Alaska LNG, a subsidiary of U.S. energy player Glenfarne Group, has signed a letter of intent (LoI) with Japan’s JERA for the sale of liquified natural gas (LNG) from its future project in Nikiski, Alaska.
The US Port of Long Beach (POLB) has decided to invest $102 million to purchase and sustain zero-emissions cargo-handling equipment, fund cleaner marine engines and plan for a zero-carbon future at terminals.
Fukui Seisakusho and ClassNK have signed a memorandum of understanding (MoU) to collaborate on ultra-high-pressure safety relief valves for hydrogen dual-fuel engines.
With the aim of forging a path toward sustainability, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has taken steps to ignite carbon capture advancement through its partnership with Carbon Circle, a Norway-based carbon capture a
Italy’s Saipem has secured more work at Türkiye’s largest natural gas field as part of a new offshore contract worth approximately $1.5 billion. Under the new contract awarded by Turkish Petroleum Offshore Technology Center (TP-OTC), Saipem will deliver the engineering, procurement, construction and
Longitude, the design and engineering arm of Oslo-listed global consultancy ABL Group, has been picked by Singapore’s offshore marine solutions company, PACC Offshore Services Holdings (POSH), as a subcontractor for a job relating to the installation of a floating liquefied natural gas (FLNG) projec
Italian shipping player Grimaldi Group has taken delivery of Grande Auckland, the second of seven ammonia-ready pure car & truck carriers ordered at Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading Company (CSTC) – two companies part of China State Shipbuilding Corporation Limit
SSEN Transmission has submitted a marine license application for the Scottish marine elements of the Eastern Green Link 3 (EGL3) project between Scotland and England, set to become one of the biggest electricity transmission projects in the UK. The application, submitted to the Marine Directorate –
NMDC Group PJSC, a provider of engineering, procurement, construction (EPC), and marine dredging services, has signed an agreement with ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the UAE’s Abu Dhabi National Oil Company (ADNOC), to explore collaboration on del
Massachusetts-based renewable fuel and chemical production technology company Emvolon and Freepoint Commodities, a commodities merchant, have decided to enter into a long-term strategic collaboration to speed up the manufacturing and distribution of renewable methanol. According to officials from Em
While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.
