
Engineering consultancy for offshore renewable energy Yavin Four Consultants (Y4) has established a new base in Italy and appointed Michele Martini as its senior engineer in charge of Italian operations.

Mardi Gras, Carnival’s latest newbuild, has joined the Bahamas Maritime Authority (BMA) as the registry’s first LNG-powered cruise ship.

A new electricity transmission link between Orkney and the Scottish mainland could be worth £807 million to Orkney economy if the wave and tidal energy industry makes use of the cable too, according to a study into the potential value of the cable.

Danish green hydrogen fuel provider Everfuel is making progress towards establishing value chains for production, distribution, and fueling of green hydrogen, for zero-emission mobility commercially available across Europe.

The Ports of Auckland subsidiary Seafuels and British multinational oil and gas major BP have reached an agreement to deliver very low sulphur fuel oil (VLSFO) and marine gas oil (MGO) to the port’s marine market.

The United Kingdom will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit net-zero by 2050.

Perpetuus Tidal Energy Centre (PTEC) has launched a consultation for the Isle of Wight public, providing an update on the project’s plans and seeking views on the development of a tidal energy hub off the island’s south coast.

The EU-backed cross-border Tidal Stream Industry Energiser Project (TIGER) project has informed about the progress made over the past 18 months.

South Korean shipping major HMM, Korea Shipbuilding & Offshore Engineering (KSOE), Korean Register (KR), LOTTE Fine Chemical, Lotte Global Logistics and POSCO have signed a memorandum of understanding (MoU) to seek feasible solutions on the green ammonia supply chain.

Swedish wave energy developer Seabased has created a global map to help identify locations where its wave power equipment could extract the most of available energy.

At the end of April 2021, Canada’s largest bitumen industry dealer McAsphalt and China’s Wuhu Shipyard signed a contract for one plus one 12,000DWT/11,700m³ bitumen designed by FKAB Marine Design.

Offshore helicopter operator Bristow Group has hired a retired U.S. Air Force general to its board of directors, effective 23 May 2021.

The offshore energy workforce mix will change significantly in the next 10 years, with roles in decarbonised energies projected to increase from 20 to 65 per cent of all jobs in the sector.

The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases (GHGs), pushing the sector to