Inna Braverman, founder and CEO of Eco Wave Power (EWP), has received the Sustainable Development Goals (SDG) Excellence Award during the 2021 WE Empower competition.
Croatian shipping company Atlantska Plovidba has placed an order for up to four 82,000 dwt bulk carriers at Chinese shipyard Jiangsu Hantong Ship Heavy Industry.
Dutch transport group Samskip has decided to acquire Lithuanian shortsea specialist Sea Connect, broadening its Baltic operations.
Norway’s cleantech company TECO 2030 has been granted up to NOK 5.4 million (around $630,000) in indirect government support for developing its first production line for hydrogen fuel cells at its new fuel cell factory in Narvik.
Easterly Asset Management has unveiled Maritime Logistics Equity Partners (MLEP), a new company formed to take advantage of opportunities in international shipping markets, including the chemical tanker shipping sector that is projected to reach $9.5 billion by 2026.
Seismic vessel utilization has recovered to pre-Covid-19 levels in the third quarter of 2021, with about 68% of the global fleet now surveying or underway, according to a recent report by Rystad Energy. The seismic industry took a hit by the Covid-19 pandemic for several quarters, keeping nearly hal
Maritime classification society and technical services provider Lloyd’s Register (LR) has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning.
Minesto has secured a SEK 5.8 million (approximately €572,600) grant from the Swedish Energy Agency for the ongoing commercialisation of its Deep Green technology. The grant co-funds a project through which Minesto will develop a next-generation tether system that is set to optimise functionality an
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré.
Danish shipping giant A.P. Moller – Maersk has made an investment in US-based start-up company Prometheus Fuels focused on developing cost-efficient, carbon-neutral eFuels for shipping.
UK’s oil and gas regulator has launched a decarbonisation competition for the electrification of offshore oil and gas installations.
Chariot has signed a binding letter of intent with Halliburton for services on its Anchois gas appraisal well offshore Morocco.
Harbour Energy has decided to exit its Sea Lion project in the Falkland Islands but Rockhopper remains committed to unlocking the development.
Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, Offshore Energy – Offshore Wind contacted the company to find out if offshore wind was part of its wind power plans in the country.
