U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies, has signed a $50 million sustainability-linked loan with ANZ Bank Taiwan to fund its fleet renewal plan.
Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.
Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.
US-based marine energy company Ocean Power Technologies (OPT) has released financial results for the third quarter of 2022, showing a wider net loss, but also a rise in revenues, when compared to a year before.
Coastal Sustainability Alliance (CSA) has been launched in Singapore by Kuok Singapore Limited (KSL) Maritime Group to accelerate decarbonisation, transition to a circular economy and strengthen marine supply chains.
Norway-based LPG shipping company Avance Gas has informed that the current CEO and the current chairman of the board have both decided to step down from their positions.
Eco Wave Power has visited several sites in New Jersey as it advances its efforts to bring wave energy to this northeastern US state.
Danish shipping and logistics giant Maersk has joined The Climate Pledge, a cross-sector community of companies and organizations that have committed to decarbonizing their businesses.
The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.
French engineering company Technip Energies has partnered up with India’s renewable energy company Greenko to accelerate green hydrogen development in India.
US-based company Oscilla Power has secured a new patent approval from the UK Patents Directorate for its Triton-C wave energy system.
BW Offshore has arranged to recycle another one of its FPSOs at a yard in India to pursue portfolio optimisation.
Greek containership owner Danaos Corporation has ordered two methanol ready 7,100 TEU containerships in China.
Welsh company Marine Power Systems (MPS) is looking to hire an experienced contractor to provide marine services for the deployment of its megawatt-scale wind and wave energy demonstrator in Spain.
