
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.

Spanish research and technological development centre Tecnalia has unveiled a new version of the HarshLab laboratory with increased features and capabilities to carry out tests and research and development activities to address the needs of offshore industries and increase their competitiveness.

As the maritime industry’s quest for the best possible decarbonization has intensified, wind propulsion systems are gaining traction around the globe.

Researchers from North Carolina and Puerto Rico have deployed Waverider buoys to collect wave energy data that will help marine energy developers pinpoint best spots to source clean, renewable energy in the Atlantic Ocean.