With the increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations and market pull from charterers, banks and investors, the decarbonization challenge is here to stay. “This represents a whole new ball game for the industry. Optimisation
Singapore-based engineering firm G8 Subsea and Zhongtian Technology Submarine Cable (ZTT) are developing the next-generation hybrid composite submarine cable for high voltage and 5G internet connectivity. G8 has worked on a solution that takes care of the 5G internet demand, but also aims to connect
Infinium has closed a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.
Prysmian is taking a step forward on its path to improve the sustainability of its operations, by making its Finland submarine cable plant, the company’s excellence centre also for green energy consumption. The Pikkala plant is strategic for Prysmian because it is a centre of excellence for producti
Fugro has selected Sonardyne to support its global fleet of uncrewed surface vessels (USVs) and remotely operated vehicles (ROVs). Fugro will integrate Sonardyne’s Mini-Ranger 2 USBL; configured with Marine Robotics software extension pack, into its new 12 metre-long Blue Essence USV. The offshore s
CorPower Ocean and OPS Composite Solutions have received close to €500,000 from EEA Grants for a collaborative project looking to boost the performance and slash costs for wave energy technology.
The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has been installed in the Naru Strait, off Japan’s Goto Island chain.
ELWAVE, an industrial designer and manufacturer of electromagnetics sensors for the underwater and industrial robotics, has completed its first capital raise. The funds will support the company’s global growth ambition, industrialisation and commercialisation of its first products for underwater rob
Pipe producer Tenaris and Subsea 7 have signed an agreement for the supply of pipes and coating services for Bacalhau project offshore Brazil. Equinor is the operator of Bacalhau project, located 185 kilometres off the coast of São Paulo in Brazil. Discovered in 2012, the Bacalhau oilfield sits in t
Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).
Aberdeen-based subsea energy storage and energy generation specialist EC-OG has appointed Bob MacDonald as Chairman. MacDonald was previously chief executive officer of the Specialist Technology Solutions (STS) business for Wood. MacDonald has nearly thirty years experience covering multiple sectors
Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
Oceanteam has extended storage contract for over 100 kilometres of subsea cable with one of Europe’s biggest cable manufacturers. The 6-months extension follows a three years of storage of client’s subsea cables in Oceanteam’s 5300Te carousel at its cable storage facility in Velsen, the Netherlands.
Kongsberg Maritime has signed a Letter of Intent (LOI) with Yantai CIMC Raffles Offshore shipyard for the delivery of a large technology package for the BT-220IU Wind Turbine Installation Unit, a next-generation installation vessel to be built for OIM Wind. Norway-based OIM Wind and China’s CIMC Yan
