A consortium consisting of ten Japanese shipbuilders, research institutes and academic institutions has unpacked a five-year initiative to ‘boost’ the competitiveness and digital transformation of the maritime industry and support the development of next-generation, high-performance vessels. The pro
Australia’s Woodside Energy (Woodside) has signed a non-binding memorandum of understanding (MOU) with South Korea’s Hyundai Engineering and Hyundai Glovis to collaborate across the liquefied natural gas (LNG) value chain.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MOU) with Kinetics, the energy transition initiative of Turkish floating power company Karpowership, to jointly develop a next-generation floating data center platform.
UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has secured a service contract with an Indian multinational enterprise engaged in engineering, Larsen & Toubro (L&T), to test 14 umbilical cables for offshore platforms in the Middle East. According to JDR Ca
EDGE Navigation and DNV have signed an agreement to jointly develop a classification framework for a 20,000 cbm ocean-going liquid hydrogen (LH2) carrier.
TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway.
Enagás, NaTran, and Teréga have signed a shareholders agreement to create a joint venture for developing BarMar, the renewable hydrogen pipeline between Barcelona, Spain, and Marseille, France, and a part of the European H2med project.
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an arm of HD Hyundai, has joined forces with Cochin Shipyard Limited (CSL), the largest state-owned shipbuilder in India, to set up long-term cooperation in the vessel construction sector. As disclosed, the deal marks a ‘full-scal
U.S.-headquartered energy technology giant Baker Hughes and Danish gas distribution operator Evida have established a partnership to collaborate on developing and enabling CO2 transport solutions across Denmark to back the country’s CO2 reduction goals. The strategic collaboration agreement, signed
French wave energy developer Seaturns has secured €2.45 million to support the industrialization and deployment of its wave energy technology, following a fundraising round backed by 1,543 investors on the LITA.co platform. According to Seaturns, the round also included contributions from long-stan
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has commenced operations of China’s first commercial floating offshore photovoltaic (PV) project in a full-seawater environment. According to Sinopec, the project integrates a previously inst
Norwegian maritime solutions provider Wilhelmsen Ships Service (WSS) has joined the Maritime Battery Forum (MBF), a global community of maritime battery enablers, to drive adoption of clean energy and accelerate electrification in the maritime sector.
Swedish-Swiss technology company ABB has inked a fifteen-year service agreement with the Florida-headquartered cruise holding company Royal Caribbean Group to improve vessel efficiency and tighten collaboration on maritime decarbonization. As informed, the deal encompasses 33 existing ships. The agr
According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb
