Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p
The International Chamber of Shipping (ICS), the UK-based Lloyd’s Register OneOcean (LROO) and the Maritime Industry Authority (MARINA) of the Philippines’ Department of Transportation are set to explore the integration of seafarer certification systems to foster “seamless” digital verification. As
UK-based maritime nuclear innovation company CORE POWER has launched a U.S.-anchored maritime civil nuclear program, titled Liberty, that aims to bring floating nuclear power to market by the mid-2030s.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro
Japanese automotive manufacturer Toyota Motor Corporation has developed a new third-generation fuel cell system to meet the needs of the commercial sector, including shipping.
Maritime classification society Lloyd’s Register has awarded Approval in Principle (AiP) to Brazilian company TideWise for a 24-meter uncrewed surface vessel (USV) capable of performing offshore subsea inspection operations at depths of up to 2,500 meters. According to Lloyd’s Register, the AiP conf
Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems.
P2X Solutions has launched commercial operations of green hydrogen at its production plant in Harjavalta, Finland.
UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it “the first to operate such devices in two countries”. According to PMR, the AR1100 turbine is expected to generate 1.1 MW of power, supporting the decarboni
ITM Power has signed a contract to supply four NEPTUNE V units, totalling 20 MW, for the first phase of Norway’s Hydrogen Hub Agder project.
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho
Swedish e-fuel plant developer Liquid Wind has announced a new e-fuel facility project in Sweden.
ACWA Power and Hysata have signed an agreement for the delivery of commercial-scale demonstrations of Hysata’s electrolysis technology in Saudi Arabia.
Industry players have welcomed a new report that highlights the potential of Scotland’s wave and tidal energy sector to generate up to £8 billion (almost $10 billion) for the economy by 2050, supporting more than 15,000 direct jobs and driving investment in coastal communities. Commissioned by Highl
