To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland
Finnish technology group Wärtsilä has entered into a collaboration agreement with US-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) to further develop EBDG’s clean harbor alternative mobile power (CHAMP) barge design.
Fugro has deployed one of its floating LiDAR buoys in the maritime area of Lithuania’s future offshore wind farm to gather wind and meteorological measurements in the Baltic Sea, which are necessary for the development of the 700 MW project. The measuring station, which was put on a special buoy, wi
Perenco has embarked on a five-well development drilling campaign at a field off the coast of Cameroon, Central Africa.
Thailand-headquartered subsea services provider Mermaid Maritime has established a joint venture company with a Vietnamese partner for the delivery of offshore subsea services in Vietnam. The JV company was established by Mermaid Subsea Services (Thailand) which holds 50% and Tan Cang Offshore Servi
French shipping major CMA CGM has entered into an agreement with American athletic footwear and apparel corporation Nike to purchase sustainable biofuel for a part of their maritime transport.
Singapore and Australia have signed a memorandum of understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital Shipping Corridor (GDSC).
U.S.-based Oceaneering has completed its first onshore piloting of a remotely operated vehicle (ROV) from an onshore remote operation center (OROC) in Brazil, carried out in partnership with the Brazillian oil and gas giant Petrobras. The companies worked together to ensure secure offshore connectiv
Finland-based sustainable stainless steel supplier Outokumpu is deepening its long-term transport collaboration with compatriot shipping company Langh Ship by taking into use new energy-efficient and low-emission vessels during 2024.
Japanese shipowner NYK has concluded an agreement with STAX Engineering, a U.S. company leading in maritime emissions capture and control, to use STAX Engineering’s emissions capture and control technology to recover exhaust gases from car carriers.
Equinor has signed a call-off option with Multiconsult Norge for the engineering of the grid connection to Hammerfest LNG (HLNG).
Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund, has signed a memorandum of understanding (MoU) with Korea’s LOTTE Chemical Corporation to strengthen collaboration on clean ammonia projects. Under the MoU, the two companies will discuss and finalize agreements
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT), a subsidiary of compatriot gas supplier Tokyo Gas.
Four new partners have joined the Offshore Renewable Energy (ORE) Catapult’s joint industry project (JIP) to develop seabed mobility guidance for the offshore renewable sector. The 18-month project has doubled in number of partners, with National Grid, Ørsted, Vattenfall, and BP now joining RWE, Sco
