Norwegian technology group Kongsberg has celebrated a world first by testing and verifying a full-scale, full-size, zero-emission drivetrain powered by hydrogen fuel cells designed for ships and ferries.
Gulf Island has acquired the business assets and operations of DSS in a deal worth $8 million to grow and diversify its services business.
British company BAE Systems has installed its zero-emission propulsion system in the first U.S. hydrogen fuel cell-powered marine vessel, the Sea Change.
The partners in the EU-backed SELKIE project are making progress on the development of drone methodology, set to improve the measurements of surface currents at tidal stream sites.
Maritime Partners, the Louisiana-based provider of maritime financing solutions, has acquired from J. Russell Flowers and its affiliates (JRF) a diversified portfolio of over 1,000 marine vessels operating on bareboat charter.
A consortium led by Dutch research institute TNO has launched a study into flexible floating solar energy systems as a potentially viable technology for offshore floating solar farms.
Greek cable manufacturer Hellenic Cables has submitted its commitment to the Science Based Target Initiative (SBTi) to achieve net-zero greenhouse gas emissions by 2050. Hellenic Cables commits to developing science-based targets according to the SBTi Net-Zero Standard announced on 28 October which
The brand-new floating test laboratory for offshore industries, dubbed HarshLab, has been launched in the Port of Bilbao.
Shanghai-based Wison Offshore & Marine has signed a deal with Germany’s engine manufacturer MAN Energy Solutions to collaborate on power barge and floating LNG-to-power projects worldwide.
On the heels of COP26, the Panama Canal has unveiled a new greenhouse gas (GHG) emissions classification system aimed at strengthening the waterway’s position as a green corridor for global trade.
Austrian solar energy developer Swimsol has secured $14 million loan from the Swiss sustainable asset manager responsAbility and the Development Bank of Austria (OeEB) to advance its floating solar activities in the Maldives and other island states.
NYK and its group company MTI, together with ABS and WinGD, have started joint research for optimization of ship design by using a battery-hybrid system to aid ship propulsion and thus reduce GHG emissions from vessels.
Russian LNG major Novatek and PetroVietnam Power, a subsidiary of state-owned PetroVietnam, have signed a cooperation agreement on LNG and power projects in Vietnam.
Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range.
