Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.
Faxagardur port area in Reykjavik has hired Norwegian power systems provider PSW Power & Automation to deliver shore power solution for cruise vessels visiting Iceland.
Greek shipowner Danaos Corporation has placed orders for four methanol-ready 7,200 TEU containerships.
The recent floating solar auction in Portugal proved to be a major success with new records set for the lowest energy price ever, with the country awarding the lowest tariff in the world of -4.13 €/MWh.
Following a decision to no longer carry plastic waste on its ships, CMA CGM informed that no plastic waste will be loaded onboard the company’s vessels from 15 April 2022.
US DOE has unveiled the winners of $1 million in cash prizes in the final stage of the Waves to Water Prize, whose aim was to develop wave energy-powered desalination solutions.
Maritime software, services, and data analysis provider NAPA, class society ClassNK and Japanese conglomerate Marubeni Corporation have teamed up to assess fuel and carbon emission savings through voyage optimisation.
eMethanol produced from renewable energy sources can have carbon equivalence up to 94% lower than fossil fuels, according to a lifecycle assessment conducted by Swedish eMethanol producer Liquid Wind.
Papendrecht-based dredging and maritime services provider Boskalis has decided to convert numerous vessels within its Offshore Energy division into hybrid vessels through the retrofitting of energy storage systems.
Germany’s dry bulk carrier owner and operator Oldendorff Carriers has ordered U-type scrubbers for two newbuild Capesize vessels from Norwegian green technology company Yara Marine Technologies.
After drilling another well, Vaalco expects to bring it online within a few weeks, anticipating increased recovery from a field off Gabon.
Thailand-headquartered subsea services provider Mermaid Maritime has established an indirect 50%-owned subsidiary in the United Arab Emirates. The primary activity of the subsidiary designated as Millennium 3 Ship Management and Operations DMCCO will be managing and operating the DP2 construction su
Aker BP has inked a deal with Palfinger for the provision of remotely operated cranes for its new offshore platforms in Norway.
The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo
