Several shipping and bunkering companies have come together to launch a Bunkering Services Initiative focused on solving the widely reported issues of fuel quantity shortages and fuel quality opacity across the marine fuel supply chain.
Swedish wave energy developer CorPower Ocean has secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal. The VianaWave project will comprise 30 wave energy converters (WECs), grouped in
Allseas’ Lorelay has completed offshore pipelaying for the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project, the first offshore carbon capture and storage (CCS) project in the Netherlands. This first large-scale CO2 transport and storage project to be realized in the EU is
Van Oord’s new subsea rock installation vessels, recently ordered from the Chinese shipyard Yantai CIMC Raffles Offshore, have been designed by Norway’s Ulstein. Working in close collaboration with Van Oord’s technical team, Ulstein said it supported the selection of the optimal vessel size and conf
French energy major TotalEnergies and compatriot shipping and logistics company CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the Port of Rotterdam, the
Norway’s Solstad Maritime, established in January 2024, has secured a contract with Texas-headquartered operator of seismic acquisition programs SAExploration for one of its construction support vessels (CSVs). The contract defined as substantial, meaning it is worth between $10 million and $30 mill
Texas-based Galveston LNG Bunker Port (GLBP) and New York-based climate tech company Loa Carbon have signed a letter of intent (LOI) where Loa Carbon will provide renewable e-methane directly to GLBP for liquefaction. This will enable GLBP—a joint venture between Seapath and Pilot LNG—to provide e-L
Texax-headquartered energy technology company SLB has secured a contract to deliver carbon storage solutions for the UK’s first offshore carbon capture and storage (CCS) project, developed by a joint venture of BP, Equinor and TotalEnergies. For the Northern Endurance Partnership (NEP) project, SLB
Yamna signed a memorandum of understanding (MoU) with New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop a large-scale green hydrogen and ammonia project in the state of Andhra Pradesh in India.
Danish wave energy firm Wavepiston has named Jan Otto Ooms as its newest board member following its annual general meeting on June 20, 2025. Jan Otto, founder of Connect the Drops, recently invested in Wavepiston and brings experience in scaling businesses and the water sector. Wavepiston secured a
Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it
Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the eleventh and final vessel from compatriot operator Sea1 Offshore, ex-Siem Offshore. Siem Barracuda, the third high-end subsea vessel of a total of three that are part of the collabora
Wave energy developer Eco Wave Power has signed an agreement with California-based C&S Welding for the installation of its wave energy technology at the Port of Los Angeles. The deal marks the final step before deployment begins for Eco Wave Power’s first wave energy project in the United States. C&
E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital.
