Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) company. The Blue Line is backed by Connect the Drops, a Dutch investment fund focused on the water sector, and Unknown Group, a venture capital firm
The SHINES project (Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty) has launched, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany to scale up tidal and river energy deployment. With €10 million in funding, 6
Norwegian class society DNV has awarded a detailed approval in principle (AiP) to the UK-based Shell International Trading and Shipping Company Limited, part of Shell, and Norway-based marine engineering company Brevik Engineering for their design of a 74,000 cbm liquid carbon dioxide (LCO2) carrier
Norway’s vessel owner DOF Group has won a floating production, storage, and offloading (FPSO) installation assignment with an undisclosed operator.
MOL and its partners Namura Shipbuilding and Mitsubishi Shipbuilding obtained approval in principle (AiP) for their jointly developed large-size ammonia-powered ammonia carrier.
Climate Impact Corporation (CIC) and Purus Marine have agreed to develop a net-zero shipping pathway for CIC’s renewable hydrogen fuels.
UK-headquartered energy giant Shell has completed the sale of its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium comprising five companies.
EverWind Fuels, a North American developer of a green fuels hub, has revealed plans to invest around $50 million in three new lower-emission tugboats to be launched in the Strait of Canso, enhancing sustainability, improving infrastructure, and supporting green shipping corridors in Nova Scotia.
UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a seat on the Ocean Energy Europe (OEE) Board of Directors, with CEO Drew Blaxland representing the company as a new Lead Partner. According to OEE, PMR has been developing its AR series of bottom-mounted tidal turbines for ov
Germany’s Port of Hamburg has welcomed its first of two new eco-friendly pilot ships, making a contribution to its goal of becoming climate-neutral by 2040.
As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.
Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has launched a second-generation monitoring device aimed at improving safety during pipe handling on offshore drilling platforms.
China Merchants Jinling Shipyard (Weihai) has launched the sixth dual-fuel pure car and truck carrier (PCTC) for Singaporean shipowner Eastern Pacific Shipping (EPS).
Canada-headquartered marine technology player Kraken Robotics is expanding its U.S. footprint with the acquisition of 3D at Depth, a subsea technology and services company specializing in high resolution LiDAR imaging and measurements. Kraken Robotics, through a subsidiary, has signed a definitive a
