Chile-based shipping group Ultranav has entered into a co-development agreement with Beyond the Sea, a French pioneer in kite-powered propulsion, to bring kite-powered propulsion to commercial shipping.
Australia-based Shelf Subsea has completed reactivation works for its 2010-built saturation diving vessel, with all new ABS certificates reissued and the vessel now ready for its first job. Shelf Subsea reported some five days ago that the 82-meter-long DP2 vessel Southern Nova had finished its majo
Seascale Energy, a joint venture between Cargill Ocean Transportation and Hafnia dedicated to marine fuel procurement services, has officially commenced operations.
Drydocks World, part of the UAE-based logistics giant DP World, has co-founded the Global Green Shipyard Alliance (GGSA), an international coalition of shipyards committed to accelerating the maritime industry’s sustainability transition.
The National Wealth Fund (NWF), the UK’s sovereign wealth fund, has backed ScottishPower with £600 million to support the delivery of seven priority transmission grid upgrade projects anticipated to help facilitate more renewable energy onto the system, reduce congestion costs, lower the cost of ele
Australia’s wave energy developer Carnegie Clean Energy has confirmed that its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), received a €137,152 payment under the EuropeWave Phase 3 contract, part of its ACHIEVE program. The payment follows the completion of electrical and control system
A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made a move that brings it a step closer to the construction of a multi-purpose cable laying vessel (CLV). Megamas Resources has signed a letter of intent (LoI) with German shipyard Lloyd Werft Bremerhaven to
In what is described as a “historic moment”, the South Korean shipbuilding industry has held talks with the United States Trade Representative (USTR) to explore opportunities for vessel construction cooperation between the two nations. As disclosed, Chung Kisun, Executive Vice Chairman of HD Hyundai
ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,
A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two submarine cables for what is said to be a project that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people. The partners reported today, May 16, that the seco
Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra
Danish wave energy technology company Exowave has completed the factory acceptance test (FAT) of its wave energy converter (WEC) power take-off (PTO) system, marking a step forward in its roadmap to deliver megawatt-scale wave energy plants in the Danish North Sea by 2030. The test was independently
Canadian oil and gas company Africa Oil Corp. has presented a new identity, which entails a name change.
