Canada’s ocean tech company Kraken Robotics has closed its previously announced “bought deal” short form prospectus offering of common shares. The company sold a total of 15,500,000 common shares at a price of 67 cents per common share for gross proceeds of close to $10.4 million inclusive of the pa
Several companies and organizations working in the marine energy sector have posted vacancies for qualified personnel who can help drive this emerging renewable energy industry forward.
Swiss-based autonomous underwater robotics solutions company Hydromea is launching its new patent-pending subsea wireless communication modem LUMA X. The LUMA X can beam data using light at up to 10 Mbit/s with a 120 degree cone. With that, the LUMA X enables real-time streaming of HD-quality video
Finnish wave energy developer Wello has joined the consortium of the SafeWAVE project which aims to overcome the non-technological barriers to marine renewable energy.
Xerox company PARC has secured a contract from the Defense Advanced Research Projects Agency (DARPA) for the next development phase in the Ocean of Things, a project to expand what scientists know about the seas. Initially announced by DARPA in 2017, the Ocean of Things project is deploying small, l
The Testing Expertise and Access to Marine Energy Research (TEAMER) program is looking to expand its network of testing facilities in support of the future calls for technical assistance.
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) and its shipyard Hyundai Mipo Dockyard (HMD) have received approval in principle (AIP) for the design of a commercial liquefied hydrogen carrier.
Swedish tidal energy developer Minesto has reported smaller net loss for the first nine months of fiscal year 2020 compared to the same period a year earlier.
Port of Le Havre, the top French port for foreign trade, has become a member of the Getting to Zero coalition to help decarbonize maritime transport. The coalition was launched at the United Nations Climate Action Summit 2019 as part of a partnership between three intergovernmental organisations (th
American Bureau of Shipping (ABS) has approved Daewoo Shipbuilding & Marine Engineering’s FLNG hull design.
Danish investment entity Innovation Fund Denmark has announced the establishment of a consortium to develop a two-stroke, ammonia-fuelled engine for maritime shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the first commercial order for an
The DEVELOP Competition, as part of the Ocean Observing Prize, has put $2.4 million up for grabs for problem solvers looking to develop technologies that integrate marine renewable energy into underwater vehicle systems that can help monitor hurricane formation.
The cross-border SELKIE project has asked for input on the development of an operations and maintenance (O&M) decision-support tool for the marine renewable energy industry.
South Korean shipping and marine supplier Tas Global Co., Ltd and water software development firm DHI Water and Environment have joined the Global Industry Alliance (GIA) for Marine Biosafety, an initiative launched in June 2020 by the IMO GloFouling Partnerships project. The initiative works to pro
