Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.
Sustained high prices over the past year have eroded the economic case for liquefied natural gas (LNG) and hurt LNG sales in key Asian markets, a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) shows.
Bombora Wave Power has completed tank testing of its floating foundation system suitable for the InSPIRE solution, which combines the mWave wave energy technology with a wind turbine onto a single floating offshore platform.
Singapore-based shipyard group PaxOcean Engineering has signed a memorandum of understanding (MOU) with compatriot bunker vessel operator Hong Lam Marine and French classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design.
Sanctions imposed on Iran and Russia will hamper the sourcing of goods for the development of Iranian offshore gas fields, says Rystad.
Dutch marine biofuels provider GoodFuels has supplied sustainable marine biofuel to NYK’s bulk carrier MV Frontier Explorer, in the first such delivery to a maritime client since the company opened its Singapore office.
The US Department of Energy (DOE) has unveiled the winners of $500,000 cash prize in the second phase of the Ocean Observing Prize competition, established to help develop solutions that use marine energy to power hurricane-monitoring systems.
Aqaba Container Terminal (ACT), Jordan’s only container port and the sustainable gateway to the Levant region and beyond, has announced the launch of its decarbonisation strategy which is set to reduce its carbon footprint to net zero by 2040.
Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.
As sanctions lead to supply and price shocks, Offshore Energies UK has urged the UK government to prioritise domestic energy production.
India’s first indigenously built hydrogen-fuelled electric vessel is planned to be delivered by March/April 2023, Asian News International (ANI) reported, citing Madhu S Nair, Chairman and Managing Director of Cochin Shipyard Limited (CSL).
US-based wave energy company Oscilla Power has raised over $500,000 in an ongoing crowdfunding campaign on StartEngine platform.
The US Department of Energy (US DOE) has published a notice of intent to issue a $10 million funding opportunity to support innovation in the marine energy sector and contribute to the development of stronger blue economy markets.
UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.
