
Norwegian Kongsberg Maritime (KM) and Finnish Norsepower have signed a Memorandum of Understanding (MoU) to facilitate the integration of auxiliary wind propulsion to new and existing vessels in diverse maritime markets.

Searoutes, the Marseilles-based startup that helps shippers reduce the carbon footprint of their transport, has unveiled a new, €1.3 million (about $1.5 million) financing round.

A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wind Lidars at gas platforms as part of the company’s Low Carbon Development Strategy. Lidar ZX 300M will be deployed to begin taking measurem

Mocean Energy’s managing director Cameron McNatt has joined the industry panel of the Net Zero Technology Centre, tasked with informing the centre’s board on the trends and opportunities a low-carbon future will bring.

Norway-based classification society DNV has decided to acquire Dutch cyber security specialist Applied Risk in an effort to create an industrial security powerhouse.

The Danish Minister of Climate, Energy and Utilities, Dan Jørgensen, and the Belgian Minister of Energy, Tinne van der Straeten, have signed a formal political Memorandum of Agreement to establish an offshore grid connection between Denmark and Germany including the Danish energy island in the North

Finnish wave energy company Wello and government-led agency Export Barbados (BIDC) have announced a new cooperation agreement to explore the opportunities that lie in Barbados’ marine space for energy generation.

Finland-based Wärtsilä Voyage and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) to collaborate on smart port innovation and digitalisation.

Swedish wave energy company Seabased has signed a lease agreement with the Government of Bermuda for the construction of 40MW wave energy park.

Maritime services provider MISC Berhad has been listed as a constituent of the Dow Jones Sustainability Indices (DJSI) under the Emerging Markets category.

Logistics provider Asyad Group has issued a request for expression of interest (REOI) to local and international private firms looking to enter joint engagements and cooperate to develop the infrastructure and operations of Suwaiq Port in Al Batinah North, Oman.

Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

Danish shipping company Dan-Unity CO2 is ready to order the world’s first vessels capable of large-scale CO2 transportation.

CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.