Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has initiated the process to acquire Norwegian shipowner Ocean Yield ASA.
ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050.
Taiwanese container shipping company Evergreen Marine Corporation has decided to order 24 containerships in China.
The European Union’s key funding programme for research and innovation Horizon Europe has launched a €10 million call for projects related to innovative foundations, floating substructures and connection systems for ocean energy and offshore floating solar technologies.
French container shipping major CMA CGM and the UAE-based port operator Abu Dhabi Ports (AD Ports) have signed a 35-year concession agreement to develop a new terminal in Abu Dhabi.
Independent provider of subsea remotely operated vehicles (ROVs) ROVOP has appointed Daniel Wheeler as its new president for the Americas.
On 8 September 2021, the Megamax container ship Ever Ace called at the Port of Hamburg for the first time with the evening‘s high tide.
Marine Power Systems (MPS) has secured the support of the Offshore Wind Growth Partnership (OGWP) through the Wind Expert Support Toolkit (WEST) programme to further advance its floating offshore wind commercialisation strategy.
Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.
The 600kW Penguin wave energy converter, developed by the Finnish company Wello, has started generating clean power to the local Basque electricity grid.
The Colombian Maritime Authority (DIMAR) has selected Fugro to perform a joint environmental and exploration seep study in the Caribbean Sea to help Colombia unlock insights about its offshore energy assets.
Tension Technology International (TTI) has developed the NetBuoy design tool under Wave Energy Scotland’s materials and manufacturing programme.
The multi-sector industry coalition SEA-LNG recognizes significant growth in LNG-fueled vessels orders in 2021 and expects this trend to continue.
U.S. LNG export project developer Cheniere Energy expects to reach a final investment decision (FID) for Stage Three of its Corpus Christi LNG plant in Texas in 2022.
