Lloyd’s Register has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its ammonia-fuelled tanker design. This represents a key progress milestone in the joint development project LR and SHI announced with industry leading partners MISC Berhad and MAN Energy Solutions in Janu
A collaborative project, led by Carnegie Clean Energy, has secured funding for the development of a component expected to reduce the costs of CETO wave energy device and offer benefits for aquaculture and other marine industries. The industry-focused Mooring Tensioner for Wave Energy Converters (MoT
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 16 marine energy technology developers for testing and technical support. The developers and researchers, selected in the first Request for Technical Support (RFTS) launched earlier in 2020, will be granted
Teesside-based Laytrix, has secured funding award for a front end engineering design (FEED) study to investigate the feasibility of using its pipelay concept for carbon capture and storage (CCS) projects. The adaptable and modular system focuses on the use of cost-effective vessels of opportunity re
Baker Hughes has launched its vessel-deployed subsea wellhead cutting system – the Terminator. Using a first-of-its-kind mechanical wellhead removal method, the system has already proven its capabilities on Wintershall DEA abandoned exploration well in Norway. Romain Chambault, Europe vice president
UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June 2020. The company booked overall loss before tax of £6.1 million against the loss of £11.8 million same time last year. This improvement is largely attributable to strong revenue contributions genera
The Iberdrola-led international consortium has launched the FLAGSHIP project to develop and fabricate the first 10+ MW floating offshore wind turbine. The turbine will be supported by a floating semi‐submersible concrete structure based on Olav Olsen’s OO-Star Wind Floater concept. The prototype is
French tidal energy developer HydroQuest has obtained certification for its 1MW tidal turbine’s power curve from classification society Bureau Veritas. The tidal turbine OceanQuest, deployed in Paimpol-Bréhat, meets the requirements of the IEC 62600-200 standard evaluating the performance of the mea
Subsea engineering firm Oceaneering and partners recently deployed their PECMAG power take-off technology at Port of Montrose for testing. The Power Electronic Controlled Magnet Gear (PECMAG) is one of the projects in Wave Energy Scotland PTO call. The PECMAG PTO system is a modular all-electric sys
Maersk Supply Service and Ørsted will jointly test a prototype buoy that will act as both a mooring point and a charging station for vessels. The solution will be tested on one of Ørsted’s offshore wind farms in 2021. The buoy can be used to charge the smaller battery- or hybrid-electrical vessels a
Australian developer Carnegie has released a video related to its recently developed ‘Wave Predictor’ technology. The video explains how it works, the benefits to Carnegie’s CETO technology and also what it offers to other industries. Carnegie’s Wave Predictor is a piece of machine learning software
Trafigura, one of the world’s largest ship charterers, has proposed that the International Maritime Organization (IMO) introduces a carbon levy to help boost competitiveness and uptake of alternative fuels. The company is proposing a levy between $250 and $300 per metric tonne of CO2 equivalent on s
Eco Wave Power said it has seen improvements in power output and significant cost reductions for its grid-connected wave energy power plant in Gibraltar. As a result of an upgrade of the automation and control system, as well as experience gained in operations and maintenance, Eco Wave Power said it
Japanese shipping major NYK Line and Japan Marine United Corporation (JMU) are introducing a new shipbuilding contract that guarantees propulsion performance in actual sea conditions. Shipbuilding contracts typically guarantee ship speed by confirming the relationship between ship speed and horsepow
