Sanctions imposed on Iran and Russia will hamper the sourcing of goods for the development of Iranian offshore gas fields, says Rystad.
The US Department of Energy (DOE) has unveiled the winners of $500,000 cash prize in the second phase of the Ocean Observing Prize competition, established to help develop solutions that use marine energy to power hurricane-monitoring systems.
Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.
Alfa Laval has secured a contract to provide low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The contract represents the company’s largest methanol order this year. The Alfa Laval FCM Methanol system will be installed on six 1170 TEU container vessels ordered by Eastaway
Norwegian cleantech company TECO2030 ASA has received an order for TECO2030 ballast water treatment system (BWTS) powered by BIO-SEA from Florida-based marine management services provider CMI Ship Management.
The U.S. Inflation Reduction Act will boost domestic energy security while offering no respite for energy industry costs, forecasts Rystad.
UK-based wind propulsion expert GT Green Technologies has teamed up with PEI TECH LLC, a marine industry company from Texas, to work on advanced wind propulsion technology. GT Green Technologies has developed a wingsail that incorporates novel air-flow technology, which provides an ‘unparalleled amo
MacGregor, part of Cargotec, has won a contract to supply RoRo equipment for four RoRo vessels to be built by the Guangzhou Shipyard International for H-Line Shipping, Korea. To remind, H-Line brought its orderbook to four LNG-powered newbuilds in February this year as it was moving to diversify its
Aker Solutions has revealed that a fire was detected at Equinor’s FPSO vessel, which is currently under construction at a yard in Norway.
After the collapse of an oil tank platform in Terrebonne Bay, Louisiana, the U.S. Coast Guard has been called to respond to the oil spill.
Velesto has upgraded two jack-up rigs with offline capabilities to reduce days spent on a well and drilling costs while curbing emissions.
Drydocks World-Dubai, the largest shipyard facility in the Middle East, has signed a strategic agreement with maritime technology company Silverstream Technologies to promote the use of air lubrication technology for the vessels that enter the shipyard each year. The DP World subsidiary is the large
EuroDry, a spin-off from Euroseas focusing on dry bulk shipping, is set to complete the installation of ballast water treatment plants on board nine bulkers by the end of this month. “Eight of our vessels (89%) have ballast water treatment plants (BWTP) installed on-board. We expect the installation
Scana-owned Subseatec has secured a contract with an “international energy company” for the delivery of riser joints for an offshore field development. Under the “sizeable” contract, Subseatec will deliver ready-to-use riser joints in low alloyed steel, as well as provide engineering, manufacturing,
