The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa
Australian wave energy developer WaveX is approaching completion of its current seed raise, securing 82% of its targeted funding round ahead of the June 30, 2025 deadline. The Perth-based company has partnered with LIQUIDITY as lead manager to finalize the seed raise. The final push is said to get W
Norway-headquartered marine technology provider Kongsberg Maritime is to supply seventeen sets of its US-range azimuth thrusters to Türkiye’s Sanmar Shipyards for a string of international tugboat projects. As disclosed, the azimuth thrusters that will be supplied will come with a range of power out
Classification society American Bureau of Shipping (ABS) has issued approval in principle (AIP) to the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) – for a concept of a floating small modular reactor
State-owned Oil India Limited has selected 3t Drilling Systems, a UK-headquartered provider of safety-critical training for the energy sector and part of 3t Group, to provide simulator technology for the purpose of providing drilling training for its employees.
Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has received funding from Samenwerkingsverband Noord-Nederland (SNN) Valorisatie and the European Regional Development Fund (EFRO) to support the development of its ocean current technology. The project is being car
In partnership with Brazilian provider of navigation, communication, and naval automation solutions Belga Marine, Norway-based ocean insights provider Miros has updated its oil spill detection (OSD) monitoring system for operations offshore Brazil.
Japanese shipping company Mitsui O.S.K. Lines (MOL), through its wholly owned Singapore-based subsidiary MOL Asia Oceania (MOLAO), will join the PIER71 Smart Port Challenge (SPC) 2025, a maritime innovation accelerator program, for the first time as an innovation partner.
The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator
Classification society American Bureau of Shipping (ABS) and South Korea’s shipbuilding major HD Hyundai Samho, part of HD Hyundai Group, have inked a memorandum of understanding (MoU) to collaborate on an artificial intelligence (AI)-enabled smart shipyard project. As disclosed, the agreement sets
NuScale Power Corporation, a U.S. provider of advanced small modular reactor (SMR) nuclear technology, has announced research programs focused on integrated energy systems designed to support hydrogen production and clean water supply.
Two players, Cyberhawk and Explicit, have started the ball rolling on an offshore drone campaign for emissions measurement in the Norwegian sector of the North Sea, which is being undertaken on 33 offshore platforms operated by Equinor, Norway’s energy giant.
Singapore-headquartered clean energy solutions provider Proteus Energy has launched a modular hydrogen fuel-based system for ports and vessels, the Proteus Maritime Fuel Cell Solution.
Ocean services provider DeepOcean has signed an agreement with Kystdesign for the delivery of seven remotely operated vehicles (ROVs), two of which have already been delivered, expanding its ROV fleet of almost 60 units. DeepOcean recently took delivery of two Constructor-series work-class ROVs (WRO
