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Research & Development

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founder and CEO of WaveX, Simon Renwick
Research & Development

WaveX looks to close seed round and unlock govt grant for wave energy system

Australian wave energy developer WaveX is approaching completion of its current seed raise, securing 82% of its targeted funding round ahead of the June 30, 2025 deadline. The Perth-based company has partnered with LIQUIDITY as lead manager to finalize the seed raise. The final push is said to get W

about 1 year ago
Provaris joins forces with K Line to commercialize hydrogen carriers
Research & Development

Provaris joins forces with K Line to commercialize hydrogen carriers

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Australian energy company Provaris has signed a memorandum of understanding (MoU) with Japanese shipping company Kawasaki Kisen Kaisha (K Line) to progress toward commercializing its compressed hydrogen shipping and offshore storage solutions.

about 1 year ago
Is producing renewable hydrogen as ammonia in EU cheaper than importing it?
Research & Development

Is producing renewable hydrogen as ammonia in EU cheaper than importing it?

Importing renewable hydrogen as ammonia from countries with abundant renewable sources could be more expensive than producing it domestically in the European Union, a new study found.

about 1 year ago
ABS greenlights floating nuclear SMR design by HD Hyundai affiliates
Research & Development

ABS greenlights floating nuclear SMR design by HD Hyundai affiliates

Classification society American Bureau of Shipping (ABS) has issued approval in principle (AIP) to the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) – for a concept of a floating small modular reactor

about 1 year ago
MPA Singapore
Research & Development

MOL takes part in Singapore’s maritime innovation accelerator program for startups

Japanese shipping company Mitsui O.S.K. Lines (MOL), through its wholly owned Singapore-based subsidiary MOL Asia Oceania (MOLAO), will join the PIER71 Smart Port Challenge (SPC) 2025, a maritime innovation accelerator program, for the first time as an innovation partner.

about 1 year ago
HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships
Research & Development

HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships

The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator

about 1 year ago
ABS
Research & Development

ABS, HD Hyundai join forces on AI-backed smart shipyard vision

Classification society American Bureau of Shipping (ABS) and South Korea’s shipbuilding major HD Hyundai Samho, part of HD Hyundai Group, have inked a memorandum of understanding (MoU) to collaborate on an artificial intelligence (AI)-enabled smart shipyard project. As disclosed, the agreement sets

about 1 year ago
NuScale explores integrated solutions for hydrogen and clean water production
Research & Development

NuScale explores integrated solutions for hydrogen and clean water production

NuScale Power Corporation, a U.S. provider of advanced small modular reactor (SMR) nuclear technology, has announced research programs focused on integrated energy systems designed to support hydrogen production and clean water supply.

about 1 year ago
A phot of the Hollandse Kust Noord offshore wind farm
Research & Development

‘World’s first’ fully remote ecology survey done at 759 MW Dutch offshore wind farm

The BeWild project, led by the Dutch geo-data specialist company Fugro, has completed what they claim to be the world’s first fully remote ecology survey at CrossWind’s Hollandse Kust Nord offshore wind farm in the Netherlands. Together, the BeWild partners integrated computer vision and environment

about 1 year ago
Research center for sustainable shipping opens in Scotland
Research & Development

Research center for sustainable shipping opens in Scotland

Scotland’s University of Strathclyde, in partnership with Germany-based dry bulk carrier owner and operator Oldendorff Carriers, has launched a new research center focused on sustainable shipping.

about 1 year ago
Provaris and Yinson making strides in LCO2 shipping solutions
Research & Development

Provaris and Yinson making strides in LCO2 shipping solutions

Australian energy company Provaris and Yinson Production, an owner and operator of floating, production, storage, and offloading (FPSO) vessels, have completed liquid CO2 (LCO2) tank design and formed a joint venture (JV) to commercialize LCO2 marine and offshore applications.

about 1 year ago
Minesto secures $2.3M loan to support operations, clarify capital needs
Research & Development

Minesto secures $2.3M loan to support operations, clarify capital needs

Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest

about 1 year ago
Illustration; Courtesy of MODEC and Terra Drone
Research & Development

Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level

With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corporation, a compatriot drone and urban air mobilit

about 1 year ago
MMMCZCS
Research & Development

MMMCZCS, partners unveil 3,500 TEU ammonia-fueled feeder design

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with ‘key’ partners, has unveiled a concept design for a 3,500 TEU container feeder vessel fueled by ammonia. As disclosed, MMMCZCS has worked on this concept together with German engine manufacturer Everllence (f

about 1 year ago