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.
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.
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’.
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.
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
The representatives of the Basque Energy Cluster and the Blue Cluster from Belgium have signed a memorandum of understanding (MoU) to promote European offshore energy know-how worldwide.
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT.
This week, 174 governments will meet at the International Maritime Organization (IMO) in London to discuss the pressing carbon emission reduction challenges in the shipping industry.
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
Swedish wave energy developer Ocean Harvesting Technologies has commissioned a Hardware-in-the-Loop (HIL) test rig to validate the InfinityWEC’s power take-off (PTO) with instant force control capabilities.
International shipping should strive to achieve net zero CO2 emissions by 2050, the Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed.
The March 2021 grounding of the 20,150 TEU containership Ever Given and the consequent blockage of the Suez Canal had far-reaching implications for the shipping industry.
The Offshore Renewable Energy (ORE) Catapult, the UK’s leading research and innovation centre for offshore wind, wave and tidal energy, has appointed Cristina Garcia-Duffy as its technical director and a member of its executive management team.
