Ashtead Technology is set to begin publicly trading on the London Stock Exchange’s Alternative Investment Market (AIM) on 23 November with support from new institutional investors.
Danish container shipping and logistics giant A.P. Moller – Maersk has placed its inaugural €500 million ($567 million) green bond to fund the construction of its first feeder vessel and the series of 8 large ocean-going containerships which will be capable of operating on carbon-neutral methanol.
After successful completion of a B30 biofuel blend test on the Suezmax vessel Statia, Belgium-based tanker shipping company Euronav has now concluded a B50 biofuel blend trial on its Suezmax tanker Marlin Sardinia.
South Korea has completed the construction of a wave energy demonstration plant, equipped with energy storage system, on one of the islands of the Chuja archipelago in the Jeju Strait.
Stolt Tankers, part of Stolt-Nielsen Limited, has reduced its fuel consumption by 6% compared to 2020, the latest figures show.
A special online conference has been organized by Portugal’s leading marine energy R&D centre, WavEC Offshore Renewables, to provide a platform for Japanese energy firms, institutions and government officials to uncover key marine renewable energy opportunities in the region.
Annual growth in maritime trade between 2022 and 2026 will slow to 2.4%, compared to 2.9% over the past two decades, a new UNCTAD report predicts.
Singapore-based Pavilion Energy, state-owned QatarEnergy, and U.S. oil major Chevron have jointly published a reporting methodology to produce a statement of GHG emissions for delivered LNG cargoes.
Scottish company Orbital Marine Power has established a strategic partnership with one of the leading offshore energy players TechnipFMC to accelerate the global commercialisation of its pioneering tidal energy technology.
Australian wave energy company Wave Swell Energy (WSE) has launched a capital raising round of Au$2.5 million (€1.6 million) to fund a technology enhancement program under its Bluefire project.
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) programme has selected nine marine energy projects to receive testing and technical support as part of its fourth call for applications.
Mocean Energy’s Blue X wave energy prototype has returned to dock after a successful five-month test period at sea.
Aberdeen Harbour and oil and gas company BP have entered the Memorandum of Understanding (MoU) to work on projects that could help decarbonise the port operations.
Marine Power Systems (MPS) has appointed Black & Veatch to system engineering and coordination role for combined floating wind and wave energy project.
