Swedish tech company Candela has raised $20 million for its electric hydrofoil technology to help operators switch to sustainable electric vessels.
Norwegian tanker operator Stolt Tankers, a subsidiary of Stolt-Nielsen, has decided to purchase two fuel-efficient stainless steel chemical tankers.
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%.
Classification society Bureau Veritas (BV) has revealed it will class two hybrid ferries, which will be equipped with battery and solar power technology for operation in Hong Kong.
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.
German battery technology company Freudenberg e-Power Systems, shipbuilder Meyer Werft and cruise line Royal Caribbean Group have joined forces to develop a completely new fuel cell system tailored to the maritime sector.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
Duke Energy Florida has announced that its first floating solar array pilot will begin construction later this month in Polk County.
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is
Four European companies have teamed up to launch an association to promote the potential and the development of osmotic energy called Osmotic Energy for the European Union (OE4EU).
Oneka Technologies, a developer of wave-powered desalination solutions, has teamed up with Canada’s Ocean Supercluster on a new project whose aim is to scale up the company’s wave energy-driven desalination technology to utility scale.
Singapore-based shipping company Ocean Network Express (ONE) has installed an innovative green technology, bow wind shield, on a 21,700 TEU containership, ONE Tradition.
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.
Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe
