South Florida-based ocean energy company OceanBased Perpetual Energy has signed a four-year contract to produce commercial-grade green hydrogen for South Carolina engineering firm Summit Worx. OceanBased will produce hydrogen using electrolysis powered solely by electricity generated from the perpet
Scottish marine energy specialist QED Naval has secured over £1 million in a crowdfunding campaign on Seedrs platform.
Swedish tanker shipping company Stena Bulk has unveiled a new concept hybrid bulk carrier design in an effort to push the shipping industry’s boundaries for zero-carbon, multimodal vessel design.
Singapore’s Eastern Pacific Shipping (EPS) has signed a Memorandum of Understanding (MOU) with Dutch OCI N.V. and engine manufacturer MAN Energy Solutions to develop methanol and ammonia as marine fuels. Under the MoU, the partners will select conventional vessels from EPS’ existing tanker fleet tha
Ocean robotics firm Houston Mechatronics Inc. (HMI) has developed the Aquanaut Mk II all-electric subsea transforming AUV/ROV, Triumph Subsea Services reports. HMI’s Aquanaut is a multipurpose subsea robot which employs a shape-shifting transformation from an autonomous underwater vehicle (AUV) to a
Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection for its technology in Canada.
Japanese shipping solutions provider e5 Lab Inc. has established Marindows Inc. in an effort to bring advanced information technology (IT) to Japan’s maritime industry.
Simply Blue Energy has started developing the Western Star project that will feature a hybrid floating offshore wind farm and wave energy conversion array off the west coast of Ireland.
Norwegian firm Optime Subsea has recently completed a successful subsea operation for Aker BP using its remotely operated controls system (ROCS). The deployment of the system, which eliminates the umbilical during well completions, represents a first type of this operation for the industry, Optime s
A new collaborative research and innovation project IMPACT has received €3.3 million from the European Union’s Horizon 2020 programme to develop and demonstrate the next generation testing approach for wave energy converters.
Vienna-based international oil, gas, and chemicals company OMV plans to build a pilot plant at its Schwechat refinery to produce second-generation biofuels to reduce carbon emissions.
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.
Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.
