In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.
The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has joined the First Movers Coalition (FMC), an initiative established to boost demand for decarbonization technologies at COP26 held in November 2021.
SK E&S and Beijing Gas have signed a strategic cooperation agreement to work on LNG and hydrogen projects in China.
ONGC intends to invest up to $4 bln in the next three years in a push to deliver on its bold new roadmap to boost its exploration activities.
The US Department of Energy (DOE) has allocated $2.6 million for 13 marine energy and hydropower projects as part of its program that supports research and innovation in small businesses.
AET has brought in the third and final Suezmax DP2 shuttle tanker, purpose-built for a long-term charter with Shell for operations in Brazil.
A consortium, led by ship engineering consultancy Houlder, has been collaborating with the UK’s Maritime and Coastguard Agency (MCA) on the first large autonomous vessel review work in what was described as a ‘watershed moment for smart shipping’.
Scottish tidal energy company Orbital Marine Power has launched a £4 million (€4.7 million) crowdfunding campaign on Abundance Investment platform to take its business to the next stage.
Lloyd’s Register (LR) Maritime Decarbonisation Hub, a joint initiative between LR Group and Foundation, and partners have launched ‘The Silk Alliance’ to develop a green corridor cluster starting with intra-Asia container trade.
Provaris Energy, an Australian developer of integrated compressed hydrogen projects, has signed a memorandum of understanding (MOU) with UK-based ship management company Northern Marine Management Limited, a member of the Stena AB group of companies.
Following German Chancellor’s Africa tour, the African Energy Chamber believes it to be a critical step towards achieving energy security.
Currently the largest subsidy-free floating solar project in Germany, the 3MWp power plant on the Silbersee III lake has been officially inaugurated and put into operation.
The Netherlands-based wind propulsion solutions provider Econowind and compatriot shipping company Vertom have teamed up to install wind-assist VentoFoil units on multiple vessels by the end of 2022.
