
The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.

The EC has established a new task force to support and implement the REPowerEU goal of energy supply diversification.

Three-wing rigs for ships can successfully tackle the problem of Energy Efficiency eXisting ship Index (EEXI) and Engine Power Limitation (EPL), extending the life of current and newbuild vessels, research conducted by London-based auxiliary power system company Windship Technology found.

The New Zealand government has committed $30 million of funding for coastal shipping through the National Land Transport Programme (NLTP) to improve domestic shipping services, reduce emissions, improve efficiency and upgrade maritime infrastructure.

Edinburgh-based tidal energy developer SIMEC Atlantis Energy has issued a request to amend the debenture deed with Abundance Investment, seeking one year extension for the repayment.

Following German Chancellor’s Africa tour, the African Energy Chamber believes it to be a critical step towards achieving energy security.

Currently the largest subsidy-free floating solar project in Germany, the 3MWp power plant on the Silbersee III lake has been officially inaugurated and put into operation.

The Netherlands-based wind propulsion solutions provider Econowind and compatriot shipping company Vertom have teamed up to install wind-assist VentoFoil units on multiple vessels by the end of 2022.

Industry players from across the global maritime value chain came together in Zurich on 24 May to launch the All Aboard Alliance, which will provide a platform for collaborative action to make the maritime industry more diverse, equitable, and inclusive.

Swedish public transport organisation Västtrafik has taken delivery of a fourth electric hybrid ferry powered by a battery system from the Dutch manufacturer EST-Floattech.

As the hike in fuel prices continues unabated, Petrobras has been instructed to set the wheels into motion to replace its current CEO.

Swedish marine energy company Minesto has successfully completed the first week of commissioning of its new Dragon 4 tidal power plant in Vestmanna, Faroe Islands.

Talos, Chevron, and Carbonvert have concluded the expansion of the JV, aiming to bring forth a hub-scale CCS project off Jefferson County.

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.