Swedish wave energy company CorPower Ocean has been appointed to the European Commission’s renewed Clean Energy Industrial Forum.
In order to help the ferry industry decarbonize, ports around the world need to be equipped with shoreside infrastructure to supply alternative fuels. A joint industry effort, supported by governments, is needed to achieve the ultimate goal, operators believe.
A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds.
Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has received clearance from the Norwegian Competition Authority and the German Federal Cartel Office to acquire Norwegian shipowner Ocean Yield ASA.
IMO MSC has approved a draft IMO Assembly resolution consolidating issues related to crew change, access to medical care, ʺkey workerʺ designation and seafarers’ prioritization for COVID-19 vaccination.
The Ocean Startup Project has awarded C$1.4 million to 40 early-stage ocean technology companies as part of its efforts to foster ocean innovation and grow blue economy in Canada.
Eco Wave Power has signed a memorandum of understanding (MoU) with CIMC Offshore Engineering Institute (CIMC OEI) to develop and commercialize its wave energy technology in China.
The government of São Tomé and Príncipe has announced partnership with the UK-based Global OTEC Resources for the deployment of the first commercial floating ocean thermal energy conversion (OTEC) platform.
The French Renewable Energy Trade Association (SER) and the UK Marine Energy Council (UK MEC) have signed a memorandum of understanding to advance their collaboration on the development of tidal energy sector.
Bermuda-registered, Norway-based dry bulk shipping company GOGL has decided to order four Kamsarmaxes and dispose of two older Panamaxes.
In a week that once again reminded us of the devastating effects the use of fossil fuels has on environment – now on full display across the coast of Southern California due to the newest oil spill – the calls to break our addiction on such sources of energy echoed around the world. Shipping industr
Greenpeace will be looking to appeal a decision by a UK court after losing its case against BP over a permit to drill in a North Sea field.
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has informed that its proposed wave energy project in Mauritius, to be developed with Bombora Wave Power, received subsidy from the Ministry of Economy, Trade and Industry (METI) of Japan.
The UK government has unveiled the 12 businesses from across the UK who will showcase their green technology and innovations at the Global Investment Summit – one of which is the Scottish-based tidal energy company Orbital Marine Power.
