South Korea’s autonomous navigation systems venture Avikus, part of HD Hyundai, has secured a contract with logistics and distribution company Hyundai Glovis to retrofit seven pure car and truck carriers (PCTCs) with the AI-driven HiNAS Control solution.
Norwegian state-owned energy company Equinor has entered into an agreement with compatriot energy data and intelligence company TGS to advance the digitalization of carbon capture and storage (CCS) operations under which TGS’ technology will be integrated into the Northern Lights CO2 transport and s
Norwegian shipping company Rem Offshore has held the keel-laying ceremony for its second energy subsea construction vessel (ESCV), being built at a shipyard in Vietnam. REM Ocean, for which the steel-cutting ceremony was held in February, will once delivered from Myklebust Verft in 2027 begin operat
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MOU) with Kinetics, the energy transition initiative of Turkish floating power company Karpowership, to jointly develop a next-generation floating data center platform.
UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has secured a service contract with an Indian multinational enterprise engaged in engineering, Larsen & Toubro (L&T), to test 14 umbilical cables for offshore platforms in the Middle East. According to JDR Ca
French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its 250 kW floating solar installation at Domaine de Cicé-Blossac in France. Commissioned on 29 October 2024, the system has so far helped avoid 70 tonnes of CO₂ emissions – “the equivalent of plantin
Inland waterway shipping company HGK Shipping has joined forces with the Dutch maritime solar specialist Wattlab for what is claimed to be the world’s first hybrid solar-powered inland shipping vessel.
Beijing-based company Dajin Heavy Industry has commissioned its 250 MW Shilihai fishery-solar hybrid photovoltaic (PV) project in Tangshan, Hebei Province, China. The project, which is now fully connected to the grid, employs a dual-use model of “power generation above, aquaculture below,” spanning
In today’s world and maritime industry, port-side residents, port workers, seafarers, passengers, and regulators alike are justified in asking why ships are still billowing black smoke in ports and what the viable solutions are, says Victor Åkerlund, Chief Analytics and Sustainability Officer at Pow
French wave energy developer Seaturns has secured €2.45 million to support the industrialization and deployment of its wave energy technology, following a fundraising round backed by 1,543 investors on the LITA.co platform. According to Seaturns, the round also included contributions from long-stan
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has commenced operations of China’s first commercial floating offshore photovoltaic (PV) project in a full-seawater environment. According to Sinopec, the project integrates a previously inst
According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb
Spanish hydrogen solutions provider H2SITE has secured funding from the EIC (European Innovation Council) Accelerator program to deploy its flagship ammonia cracking unit at a port in North-West Europe.
Babcock’s LGE business has been awarded a contract to supply its ecoFGSS-FLEX marine ammonia fuel supply system for four new medium gas carriers being built for commodity trading company Trafigura at Hyundai Mipo Dockyard (HMD) in South Korea.
