The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).
American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response
Australian company Wave Swell Energy has retrieved its UniWave200 wave energy device after being deployed for over two years off the coast of King Island in Tasmania.
Singapore-based shipbuilder Sembcorp Marine is proposing to change its name to Seatrium Limited. The move follows the completion of the combination of the businesses of Sembcorp Marine Ltd and Keppel Offshore & Marine Ltd on 28 February 2023. Following the completion of the proposed combination of S
Eco Wave Power has entered into an official power purchase agreement (PPA) with the Israeli National Electric Company (IEC) for the newly installed wave energy project at the Port of Jaffa in Tel Aviv.
Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S
Hartek Solar has secured a contract from SJVN Green Energy to build a 22MW floating solar project in India’s northern state of Himachal Pradesh.
Alternative fuel ships have accounted for around 60% of new orders since the start of 2022 in GT, primarily driven by LNG dual-fuel vessel orders, and increasingly methanol, and now account for 5% of fleet GT and 47% of orderbook, data from Clarksons shows. Looking at the fleet profile, the shipbrok
Ocean Energy Europe has welcomed the inclusion of the 5% target for innovative renewable energy technologies as part of the revision of the EU Renewable Energy Directive (RED).
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, plans to introduce its first zero-emission vessel within 2030. The move is part of the company’s updated environmental strategy which is targeting a 45% reduction in energy efficiency operational indicato
