The €20 million EuropeWave scheme has selected seven wave energy projects for support to further develop their device concepts in the first half of 2022.
German shipping company and maritime investment manager Ernst Russ has decided to increase its stake in a fleet holding company, thereby expanding its fleet with twelve containerships.
Europe could benefit from the €140 billion economic opportunity and 1.2 million new jobs by 2050 if it takes the lead in the global ocean energy market, a newly launched report states.
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.
