
IOG has kicked off the first production at its Saturn Banks Project – Phase 1, located in the UK North Sea.

The U.S. Department of Energy (DOE) has outlined research priorities for marine energy through to 2030 in its first multi-year program plan for the sector.

Germany’s Meyer Group, a shipbuilding consortium comprising three shipyards in Europe, has joined forces with Admares Marine, a Finnish floating real estate company, to form a joint venture.

Pandion has inked an agreement to acquire ONE-Dyas’s subsidiary holding the company’s Norwegian assets to double its daily production.

With its startup Alfred Maritime, German shipbuilder Meyer Group wants to speed up the digitalization of the shipbuilding industry and use data in a smart way to contribute to the sector’s decarbonization.

Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.

Texas-based subsea technology firm Deep Down has decided to change its name in pursuit of energizing the future of the subsea energy sector.

Eco Wave Power has outlined plans to relocate its wave energy power plant from Gibraltar to AltaSea’s premises in the Port of Los Angeles.

Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.

The world is moving away from fossil fuels and so is the maritime industry. Ports — being an important maritime segment — are facing significant changes. For the German port sector, the transformation is seen as a mammoth task that lies ahead.

The latest thinking of the team behind the UK’s refreshed shipbuilding strategy, which is expected to include a multi-billion pound vessel pipeline due to be built over the next 30 years, will be discussed at the annual conference held by the Society of Maritime Industries (SMI).

A new alliance has been formed to construct the first all-electric, zero carbon emission harbour tug in the Asia Pacific region.

Stolt Tankers Joint Service (STJS) Pool, together with its partners NYK Line, Tufton, and Farvatn Capital, have donated $100,000 to One Tree Planted and We Forest, two non-profit organisations that focus on managing reforestation, carbon absorption and environmental impact projects.

Finnish technology group Wärtsilä and Italian shipowner Grimaldi Group have unveiled a new system that uses exhaust gas scrubber washwater to tackle the amount of microplastics in the world’s oceans.