Danish shipping company Norden is capitalizing on rising asset values in the dry cargo market through vessel sales, with several units sold in the past few months.
Sustainable Marine Energy has commissioned Seasystems to supply adjustable mooring tensioners for the 420kW PLAT-I tidal energy platform that will be installed in the Bay of Fundy in Canada.
Certification body DNV has issued a ‘Statement of Conformity’ to the Chinese solar energy company Sungrow for its anchoring and mooring design methodology for floating solar systems.
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has informed that its proposed wave energy project in Mauritius, to be developed with Bombora Wave Power, received subsidy from the Ministry of Economy, Trade and Industry (METI) of Japan.
The UK government has unveiled the 12 businesses from across the UK who will showcase their green technology and innovations at the Global Investment Summit – one of which is the Scottish-based tidal energy company Orbital Marine Power.
EU-backed ELEMENT project, whose aim is to slash the cost of tidal energy by 17% using artificial intelligence, is well underway with preparations to start with the onshore testing programme at ORE Catapult’s Blyth facility.
The Testing Expertise and Access for Marine Energy Research (TEAMER) programme, supported by the U.S. Department of Energy (DOE), has launched the fifth call for applications, offering also limited open water support for marine energy testing through its facility network.
French marine energy company HydroQuest has retrieved its 1MW tidal energy turbine after two years of being submerged and operating at the Paimpol-Bréhat site in the French province of Brittany.
A new €3.9 million call for proposals has been launched under the European Maritime, Fisheries and Aquaculture Fund for innovative multi-use projects combining offshore renewable energy with other activities in the blue economy space.
TIGER project partners have carried out a bathymetry campaign of the seabed in the Gulf of Morbihan as part of preparations for the installation of Sabella’s tidal turbines.
Norwegian-born Cypriot oil tanker and shipping billionaire businessman John Fredriksen is looking to gain full control over Bermuda-based liquefied petroleum gas (LPG) transportation company Avance Gas Holding.
Arup Group has found that replacing steel with concrete could reduce the costs of floating wave energy converters by 20%, as part of a project funded by Wave Energy Scotland (WES). Also, a new decision-making tool dubbed Convex has been developed to help wave energy device developers assess the feas
Integrated logistics service provider COSCO Shipping International (Singapore) Co., has decided to dispose of a 60 per cent interest in dry bulk shipping company COSCO Shipping (Singapore) Pte. Ltd.
Dutch wave energy company Slow Mill Sustainable Power has come closer than ever to the first real sea demonstration of its wave energy prototype, which is currently undergoing final assembly before taking on the challenge of producing clean and renewable energy off the shores of the Netherlands.
