A research team led by RMIT University has developed a wave energy converter said to be twice as efficient at harvesting power as any similar technologies developed to date.
South Korean shipbuilder Samsung Heavy Industries (SHI) has decided to sell stock and raise around KRW 1.23 trillion ($1.1 billion).
Odfjell Oceanwind has secured a pre-project grant from Enova, Norway’s fund for climate and energy technologies, to mature its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for the electrification of oil and gas installations. The grant is awarded under Enova’s full-
Eco Wave Power has entered into collaboration agreement with the Israeli Ministry of Defense to examine the feasibility of installing its wave energy technology in the Israeli Navy’s bases.
Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Swedish wave energy company Novige has concluded the extensive tests on its scaled NoviOcean wave energy prototype in France, with the support of the MaRINET2 project.
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Ocean Power Technologies (OPT), supported by the U.S. Department of Energy (DOE) grant, is set to perform a preliminary conceptual design study to further develop its novel wave energy converter aimed at powering autonomous ocean monitoring systems.
Sustainable Marine has completed ‘rigorous tests’ on its latest generation tidal turbine drivetrain at the world-renowned Center for Wind Power Drives at RWTH Aachen University, proving the technology is robust enough to take on the Bay of Fundy tides.
UK engineering firm Forth is looking for assistance to bring the working prototype of a friction stir welding robotic crawler for oil pipeline repair to the commercial stage. The FSWBot is being developed to travel hundreds of miles down an oil pipeline to scan for defects and carry out subsequent r
Ocean Renewable Power Company (ORPC) has secured a $20 million investment commitment, with an additional $5 million second closing this fall, from a consortium led by Canadian Shield Capital in alliance with Hatch.
PXGEO is deploying DownUnder GeoSolutions’ (DUG) data acquisition quality control and onboard processing and visualization software onboard the PXGEO 2. PXGEO stated it had signed an agreement with DUG for the provision of its DUG Insight software for its new Rolls-Royce designed 14-streamer seismic
The European Marine Energy Centre (EMEC) is looking to appoint a contractor to remove OpenHydro’s test tidal energy turbine installed offshore Orkney.
The Naval Facilities Engineering and Expeditionary Warfare Center has provided $6 million to the University of Hawaii at Mānoa (UH) to provide critical research and logistical support to the Navy’s Wave Energy Test Site (WETS), located offshore Marine Corps Base Hawaii.
