Samsung E&A has acquired a 9.1% stake in Nel ASA for approximately $33 million and signed a strategic partnership agreement.
Andorra-based marine battery manufacturer AYK Energy is set to manufacture and supply a battery system that would power the world’s ‘first-ever’ battery-electric methanol tug, currently under construction at Türkiye’s Uzmar shipyard. As disclosed, AYK Energy will outfit the tugboat—which will join D
Metacon, a Swedish manufacturer of energy systems, has, through its shareholding in Norwegian technology transfer company Pherousa, received two initial approvals in principle (AiP) for its ammonia cracking technology for use onboard ships.
Singapore-based shipowner Eastern Pacific Shipping (EPS) has teamed up with South Korean marine engineering solutions provider DongHwa Entec (DHE) for the installation of a high-pressure compressor on an LNG-fueled containership.
Singapore-based dry bulk owner Berge Bulk has completed the ‘world’s first’ retrofit installation of a front-end shaft generator on a 208,718 dwt Newcastlemax vessel, aiming for both emission reduction and energy efficiency. The vessel in question is the 299-meter-long bulk carrier Berge Dachstein.
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has embarked on a project to demonstrate how to recycle evaporated gas emitted into the atmosphere during the construction of liquefied natural gas-powered ships into city gas.
DeepOcean, Solstad Offshore and Østensjø Rederi have christened and launched their advanced, 24-meter-long unmanned surface vessel (USV) Challenger, following several years of development. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from USV A/S, a join
Australia’s wave energy developer Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía – EVE) for its ACHIEVE+ wave energy project. The company’s subsidiary, Carnegie Technologies Spain, secured the payment under EVE’s grants progr
Dutch Fugro has made a move to simplify the certification process for its growing fleet of autonomous uncrewed surface vessels (USVs) with the signature of an agreement with Lloyd’s Register. The signature of the block fee agreement to streamline the in-service certification and maintenance of Fugro
Australia’s Blue Economy Cooperative Research Centre (CRC) has inaugurated what is claimed to be Tasmania’s “first” green hydrogen production and research facility.
Swedish tidal energy developer Minesto has been selected to participate in the Global Innovation Accelerator (GIA), a program funded by the Swedish Energy Agency and operated with Business Sweden. According to Minesto, the initiative supports companies with an international market strategy that con
Polish shipbuilder CRIST S.A. has awarded a number of contracts to equip a next-generation offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group, set to operate offshore Newfoundland and Labrador, Canada. Provisionally named Sea Dragon and scheduled for delivery by Q1 202
The European Hydrogen Bank’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries, with eight of the bids submitted by hydrogen producers with off-takers in the maritime sector.
Swiss marine power company WinGD has validated the performance of its viable compression ratio (VCR) technology in recent shop tests, confirming that new X-DF engines fitted with VCR can achieve methane reductions comparable to high-pressure dual-fuel systems. As informed, the VCR shop tests were wr
