Verdant Power’s three-turbine tidal energy array has generated 200MW of tidal power to the United States electricity grid in its first six months of continuous operation, marking the country’s record for marine energy production.
Viking Line’s passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower.
Offshore wind energy projects final investment decisions (FIDs) will grow 57 per cent in the next 18 months, compared to the 2019-20 period, according to a new analysis from Westwood Global Energy Group. The global analysis, excluding mainland China, states that the FIDs growth represents an additio
The Biden administration has committed to working with the International Maritime Organization (IMO) to adopt a goal of achieving zero emissions from international shipping by 2050. The White House said it would aim to adopt ambitious measures that will place the sector on a pathway to achieve this
Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap between technology knowledge and regulatory process.
The Panama Canal has launched its process of decarbonizing its operations, targeting to become carbon neutral by 2030. The waterway is seen as a solid way for shipping companies to cut their environmental footprint being a shorter route for ships. In 2020, the canal authority said it had contributed
Industry heavyweight A.P. Møller – Mærsk A/S has lifted market guidance for the full year of 2021 citing an exceptional market situation in the container shipping sector. The company is now forecasting an underlying EBITDA in the range of $13-15bn from the previously guided $8.5-10.5bn and underlyin
U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing goals.
Danish wave energy developer Resen Waves has secured patent protection in the European Union and Norway for various parts of its wave energy technology.
Schlumberger and Equinor, in collaboration with Microsoft, have partnered up on a strategic project to deploy the DELFI cognitive E&P environment, with seamless integration to the OSDU Data Platform.
Innovation platform, Plug and Play, together with founding partners Euronav, CMB, Port of Antwerp, City of Antwerp, and DXC Technology, has announced the launch of their first maritime program in Antwerp, Belgium.
Hydrogen has been assigned a major role in the maritime decarbonization puzzle, as it promises to be a cost-effective green alternative for large ocean-going vessels. “Hydrogen and Fuel Cells (FCs) for maritime transport have been demonstrated in numerous pilot vessels over the last two decades. Rec
Jan de Nul Group has signed an agreement with the UK offshore technology supplier Osbit for the design and construction of a new subsea trenching vehicle.
The United States Department of Energy has earmarked $75 million for cost-shared development projects including carbon capture systems and decarbonization of natural gas power and industrials sectors.
