Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.
Inyanga Maritime is developing a new dynamically-positioned (DP2) multi-purpose vessel (MPV) Inyanga Entsha that will be used to install HydroWing technology combined with Tocardo’s tidal turbines.
Five Portuguese institutions – CEiiA, +ATLANTIC CoLAB, Fórum Oceano, INESC TEC, and WavEC – have have come together under the name of OceanACT to promote the testing of innovative ocean technologies in Portugal.
Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.
Industry body Scottish Renewables has issued a publication outlining steps that the Scottish Government should take to reach the energy transition.
US-based transportation and logistics company Matson has committed to reducing fleet greenhouse gas (GHG) emissions by 40 percent by 2030 and achieving net-zero fleet GHG emissions by 2050.
Maersk Drilling has revealed a new contract award for one of its jack-up rigs as well as details on its quarterly financial performance.
Norwegian shipping and tank terminal company Odfjell SE has entered into a sales agreement for the last three 9,000 dwt short-sea vessels that have operated in the company’s regional trade in Asia.
A report by the International Chamber of Shipping (ICS) and the environmental consulting company Ricardo has pointed out that massive scaling up of finance for research and development (R&D) is essential to achieve zero-carbon emissions by 2050 in the shipping industry.
EDP Renewables (EDPR) has become a major shareholder in Singapore-based solar energy company Sunseap, having acquired the stake of 87.4% to reinforce its presence in the Asia-Pacific region.
New research led by the University of Plymouth has shown that tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero.
Two giant offshore drilling contractors are encouraged by meaningful signs of improvement in the market and increase in rig day rates.
Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings.
UK-based STATS Group has set up a new Australian entity to support its drive in the country’s pipeline integrity market.
