Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.
Scottish company Nova Innovation has installed its tidal energy turbine at the Étel Estuary, bringing its turbines to France for the first time.
South Korean shipbuilder Samsung Heavy Industries (SHI) and Norwegian maritime technology group Kongsberg Maritime (KM) have signed an agreement for the development of autonomous LNG carriers. Under the joint development agreement, the companies aim to develop a 174,000 cbm next-generation LNG carri
A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.
OCI Global, a producer and distributor of hydrogen-based products, and Lotte Fine Chemical, an ammonia distributor based in South Korea, have signed a Memorandum of Understanding (MoU) for the supply of low carbon and green ammonia, with first shipments starting this year from OCI’s US facilities. T
A Memorandum of Understanding (MoU) has been signed by the International Maritime Organization (IMO), the Ministry of Climate and Environment of Norway, and the Maritime and Port Authority of Singapore (MPA), to collectively undertake technical cooperation activities to assist developing countries i
Ocean Renewable Power Company (ORPC), together with its research partners, has developed new marine energy blade designs that use composite materials to reduce costs and increase energy capture by up to 24%.
The Inter-American Development Bank (IDB) and the Caribbean Shipping Association (CSA) have signed a memorandum of Understanding (MoU) to help decarbonize the shipping industry.
Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) for the development of 10MW wave energy plant offshore the Polynesian country and archipelagic state of Tonga.
Classification society American Bureau of Shipping (ABS) has launched a joint development project (JDP) involving all the leading Korean shipyards and classification group Korean Register (KR) to address a growing need in the calculation of greenhouse gas (GHG) Scope 3 emissions.
Hydrogen Europe, Hydrogen Europe Research, and EURAMET (the European Association of National Metrology Institutes) have signed a Memorandum of Understanding (MoU) to foster cooperation for the mutual benefit of the associations, in support of hydrogen research and technology requiring metrological k
South Korea’s shipbuilding major Korea Shipbuilding & Offshore Engineering, a subsidiary of HD Hyundai, has signed an agreement with Avikus, a compatriot startup specializing in autonomous navigation solutions, to conduct a fuel-saving verification project using autonomous navigation systems. The pr
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of
Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime leasing platform. Neptune Leasing, established in 2021 by seasoned financier Har
