The Hague-based Wave Energy Collective (Weco) has raised €600,000 to accelerate the development and testing of its modular wave energy technology. According to Weco, the investment comes from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power, and Cyriel de Jong. The company said t
South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-ne
Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process. According to Orbital Marine Power, the award includes two 15-year p
Australian players TasPorts and the H2U Group have signed a memorandum of understanding (MoU) to investigate the feasibility of developing a large-scale green hydrogen and ammonia production and export facility within the Bell Bay port precinct in Northern Tasmania.
The Maritime and Port Authority of Singapore (MPA Singapore) and Oslo-headquartered classification society DNV have given fresh life to their long-standing collaboration focused on accelerating the development of a smart, greener and future-proof maritime sector. As announced on November 10, MPA Sin
Swiss specialty chemical company Clariant will provide catalysts for Spanish energy giant Repsol’s Ecoplanta waste-to-methanol plant in El Morell near Tarragona, Spain.
AURELIA Design and CALCAREA joined forces to bring ocean-based carbon capture to commercial shipping.
Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a contract defined as large with compatriot oil & gas player Vår Energi for the Balder Next development. Under the contract that is expected to bring NOK 1-2 billion ($98-$196 m
Aberdeen-based Zoex Power has concluded Phase III of its (Ordu) project, having collected three months of data and achieved technology readiness level (TRL) 7, with no incidents. The company said it retrieved the acoustic doppler current profiler (ADCP) from the seabed and lifted the arm, marking th
Classification society American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have inked an agreement to explore the international standardization of smart vessel and shipyard technologies. Under the terms of the memorandum of understanding (MoU) that the two par
Australia’s Port of Newcastle has appointed German port and logistics consultancy HPC Hamburg Port Consulting to develop a final business case for its Clean Energy Precinct (CEP) project.
South Korea’s Busan Port Authority (BPA) and the Ulsan Port Authority and the United States’ Northwest Seaport Alliance (NWSA), the Port of Tacoma (PoT) and the Port of Seattle have penned a formal agreement aiming to strengthen efforts in establishing a green shipping corridor. As officials from en
BASF Environmental Catalyst and Metal Solutions (ECMS) has opened a production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt.
France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration o
