Slovenia-based company Sigma Energija (Sigma Energy) has deployed a full-scale wave energy device offshore the city of Bar in Montenegro.
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) and classification society DNV have signed a memorandum of understanding (MoU) to develop wind assistance propulsion technology. The two parties signed the MoU during this year’s Gastech, a global gas, LNG, hydrogen, and
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.
The partners in the EU-funded €3.4 million LiftWEC project have selected the final concept for a wave energy device, based on hydrodynamic lift forces, that will be put through its paces at the wave tank in Ecole Centrale de Nantes.
French shipping major CMA CGM has decided to create a Special Fund for Energies, backed by a five-year $1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund will invest to support the industrial production of new fuels and low-emission mobility soluti
The U.S.-based ballast water treatment provider Ecochlor and China’s marine solutions provider company Sinotech have signed a new agreement to advance long-term sales, marketing and technical assistance and foster mutual maritime relationships worldwide.
Ashtead Technology is expanding its mechanical solutions service offering with the acquisition of WeSubsea, a provider of subsea dredging technology solutions. The transaction is expected to close during the fourth quarter of the year and will be Ashtead’s sixth acquisition in the past five years. A
South Korean shipbuilder Hyundai Heavy Industries (HHI), autonomous navigation solutions startup Avikus, classification society Korean Register (KR) and Liberian Registry are collaborating to commercialise autonomous navigation technology. The parties signed a memorandum of understanding (MoU) on 26
Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.
Irish utility company Electricity Supply Board (ESB) and asset-focused energy company dCarbonX have signed a joint venture agreement to progress large-scale energy storage projects off the coast of Ireland.
Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.
Japanese general trading company ITOCHU Corporation and South African chemicals and energy company Sasol have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green ammonia, focusing on its use as bunkering fuel and for power generation. The MoU
Pasha Hawaii’s newest containership powered by liquefied natural gas (LNG), was christened during a ceremony held at the Port of Long Beach on 1 September.
Danish ferry operator Scandlines celebrated the keel laying of its new zero direct emission freight ferry for the Puttgarden (Germany) – Rødby (Denmark) route.
