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Market Outlooks

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Euroseas
Market Outlooks

Euroseas orders LNG-ready feeder ship trio

Greek ship owner and operator Euroseas has ordered three 1,800 TEU liquefied natural gas- (LNG) ready feeder containerships in South Korea.

about 4 years ago
Jones Bros secured main contract for Morlais tidal energy project (Courtesy of Menter Môn)
Market Outlooks

Jones Bros secures €28.5 million contract for Morlais tidal onshore works

North Wales-based company Jones Bros Civil Engineering has secured the main contract worth €28.5 million to build onshore infrastructure for the Morlais tidal energy project offshore Anglesey.

about 4 years ago
Morlais tidal energy zone (Courtesy of Welsh Government)
Market Outlooks

Morlais tidal energy project bags over €37 million of EU funds

A major tidal energy project offshore Anglesey in Wales will benefit from €37.6 million of funding in what is likely to be the last large grant from the EU’s regional funding program for the scheme.

about 4 years ago
Participants of the hearing before New Jersey Legislature (Courtesy of OPT)
Market Outlooks

OPT gives further backing for New Jersey wave energy case

President and CEO of US-based marine energy company Ocean Power Technologies (OPT) has joined experts and business leaders who showcased the benefits of wave energy for local economy at a hearing before New Jersey Legislature.

about 4 years ago
Nautilus
Market Outlooks

Microsoft Climate Fund-backed Nautilus Labs gets $34M to support low-emission shipping

Nautilus Labs, a US-based technology firm advancing the efficiency of ocean commerce through artificial intelligence, has announced $34 million in Series B funding.

about 4 years ago
The Oseberg field centre in the North Sea - Norway's Equinor
Market Outlooks

Norway’s Equinor ramping up gas output to help meet Europe’s demand

Norway’s Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe amid supply concerns.

about 4 years ago
CorPower C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Market Outlooks

CorPower Ocean set to catch investment wave at Sweden Sustaintech Venture Day

Swedish wave energy developer CorPower Ocean has been selected from 600 companies to appear at the forthcoming Sweden Sustaintech Venture Day, established to support the scale-up of sustainable businesses.

about 4 years ago
L to R: Inna Braverman and Robert J. Karabinchak (Courtesy of Eco Wave Power)
Market Outlooks

Eco Wave Power tours New Jersey in search of site for wave energy pilot

Eco Wave Power has visited several sites in New Jersey as it advances its efforts to bring wave energy to this northeastern US state.

about 4 years ago
AR500 tidal turbine on its way to Naru Strait project site (Courtesy of SIMEC Atlantis)
Market Outlooks

Japan nods ‘yes’ for megawatt-scale tidal energy project

The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.

about 4 years ago
Illustration/Minesto's Dragon Class range of tidal energy plants (Courtesy of Minesto)
Market Outlooks

Minesto shifts tidal energy focus to Faroe Islands to mitigate supply chain delays

Swedish company Minesto has decided to focus this year’s operations with its Dragon Class tidal energy converters at the established and grid-connected site in Vestmannasund in Faroe Islands.

about 4 years ago
Illustration/Swansea (Courtesy of Western Gateway Partnership)
Market Outlooks

UK takes another look at Severn Estuary’s tidal energy prospects

A new independent commission has been announced to explore the potential for tidal energy generation from the Severn Estuary, a large body of water located between England and Wales.

about 4 years ago
NovaAlgoma
Market Outlooks

Algoma-Nova Marine JV buys 5 ships

Shipping companies Algoma Central Corporation and Nova Marine have increased investment in their short sea shipping joint ventures, NovaAlgoma, by acquiring five vessels.

about 4 years ago
UHL
Market Outlooks

United Heavy Lift sets sights on methanol-powered dual-fuel ships

Germany-based multipurpose shipping company United Heavy Lift (UHL) prefers methanol as marine fuel for its future fleet of vessels, Andreas Rolner, Managing Director of the company revealed in the HANSA podcast.

about 4 years ago
Morlais tidal energy zone (Courtesy of Nova Innovation)
Market Outlooks

Morlais tidal energy scheme in need of environmental contractors

Menter Môn, the manager of the Morlais tidal energy project, has launched two tenders related to the procurement of environmental monitoring services for the scheme.

about 4 years ago
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