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Seaturns' wave energy device deployed near Brest (Courtesy of Seaturns/Photo by Stéphane LESBATS/Ifremer)
Collaboration

Seaturns raises €2.45 million to launch full-scale wave energy demonstrator

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

about 1 year ago
Sinopec's floating offshore solar
Collaboration

Sinopec launches first floating offshore solar plant in China’s seawater zone

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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

about 1 year ago
WSS to accelerate electrification as newest member of Maritime Battery Forum
Collaboration

WSS to accelerate electrification as newest member of Maritime Battery Forum

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.

about 1 year ago
ABB
Collaboration

ABB, Royal Caribbean enter long-term service pact to ‘boost’ vessel efficiency

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

about 1 year ago
Chilean researchers test wave energy device in Edinburgh ahead of Lebu deployment
Collaboration

Chilean researchers’ wave energy converter put to test at FloWave facility

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

about 1 year ago
Babcock to supply ammonia fuel system for Trafigura’s newbuilds
Collaboration

Babcock to supply ammonia fuel system for Trafigura’s newbuilds

Babcock’s LGE business has been awarded a contract to supply its ecoFGSS-FLEX marine ammonia fuel supply system for four new medium gas carriers being built for commodity trading company Trafigura at Hyundai Mipo Dockyard (HMD) in South Korea.

about 1 year ago
Nordic Baltic Hydrogen Corridor receives EU funding support
Collaboration

Nordic Baltic Hydrogen Corridor receives EU funding support

The project promoters of the Nordic Baltic Hydrogen Corridor (NBHC) have signed a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for the European Union (EU) financial support to the NBHC.

about 1 year ago
AD Ports
Collaboration

AD Ports, Ningbo Zhoushan Port to establish smart automotive corridors serviced by green car carriers

The UAE-based terminal operator AD Ports Group and Zhejiang Provincial Seaport Investment & Operation Group (Ningbo Zhoushan Port Group), one of China’s largest port operators, have entered into a preliminary strategic agreement to establish an automotive logistics ecosystem connecting Chinese manuf

about 1 year ago
New consortium to explore floating nuclear power for Mediterranean energy needs
Collaboration

New consortium to explore floating nuclear power for Mediterranean energy needs

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have established a consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) in the Mediterranean Sea.

about 1 year ago
HD Hyundai
Collaboration

HD Hyundai affiliates partner to advance autonomous maritime solutions

Two affiliates of South Korea’s conglomerate HD Hyundai have entered an agreement to jointly ‘fast-track’ the adoption and expansion of autonomous navigation technology at sea. As disclosed, autonomous navigation systems provider Avikus and ship design affiliate HD Hyundai ENT (formerly E&T) inked a

about 1 year ago
Port of Gothenburg
Collaboration

New 25-year agreement to help Port of Gothenburg become energy hub of the future

Sweden’s Port of Gothenburg has signed new agreements with Inter Terminals Sweden, a Scandinavian bulk liquid storage provider.

about 1 year ago
NEXTCHEM wins €210M contract for low-carbon methanol project in Mexico
Collaboration

NEXTCHEM wins €210M contract for low-carbon methanol project in Mexico

NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.

about 1 year ago
Newly formed Houston firm sheds subsea tree business to focus on core product lines
Collaboration

Newly formed Houston firm sheds subsea tree business to focus on core product lines

Innovex International, a Houston-based provider of products and technologies to the oil & gas industry, established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has completed the divestment of its Subsea Tree product line to compatriot Trendsetter Engineering in an all-cash tra

about 1 year ago
SolarDuck's interconnected Offshore Floating Solar Platforms at the MARIN Offshore Basin
Collaboration

SolarDuck tests interconnected offshore floating solar platforms in scaled MARIN trials

Dutch-Norwegian firm SolarDuck has completed a test campaign at the Maritime Research Institute Netherlands (MARIN), involving 54 interconnected offshore floating solar platforms, with a real-world capacity of approximately 6 MWp (megawatt peak). According to SolarDuck, this marks the company’s thi

about 1 year ago