Maritime Partners, the Louisiana-based provider of maritime financing solutions, has acquired from J. Russell Flowers and its affiliates (JRF) a diversified portfolio of over 1,000 marine vessels operating on bareboat charter.
A consortium led by Dutch research institute TNO has launched a study into flexible floating solar energy systems as a potentially viable technology for offshore floating solar farms.
Austrian solar energy developer Swimsol has secured $14 million loan from the Swiss sustainable asset manager responsAbility and the Development Bank of Austria (OeEB) to advance its floating solar activities in the Maldives and other island states.
Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.
Floatel expects the overall utilisation of the accommodation fleet to remain at modest levels in the near term.
Ahead of the upcoming World Trade Organisation (WTO) meetings, the International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations.
President of the European Commission Ursula von der Leyen has opened the second edition of the European Hydrogen Week on 29 November 2021.
Scotland-based tidal energy company Nova Innovation has won funding that could deliver the 7MW tidal turbine array in Indonesia, the first ever in the Southeast Asian island country.
Offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico, adding about $0.5 billion to backlog.
California’s continued push to rapidly adopt offshore wind signals a glowing opportunity for wave energy technology as a complementary power partner to accelerate the mission to net-zero, according to Swedish company CorPower Ocean.
On behalf of Shell, McDermott has completed an LNG construction study identifying reduction pathways toward net-zero construction emissions.
Maritime classification society Lloyd’s Register has secured approval from the International Electrotechnical Commission’s Renewable Energy System (IECRE) for the certification of complex hybrid renewable energy projects that involve multiple technologies, such as wind, wave and tidal.
The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.
Trade association RenewableUK has called out the UK government to give green hydrogen the opportunity to flourish and get to zero emissions faster.
