Italian cabling giant Prysmian has been confirmed as the supplier of the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland and England. Prysmian has won a £2 billion (over €2.3 billion) contract with SP Energy Networks and Na
Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance notes for onboard hydrogen generation, as a response to growing interest from shipowners, yards and technology developers in producing hydrogen onboard using alternative fuels such as LNG, methanol a
Norwegian energy data and intelligence company TGS has signed a letter of intent (LoI) with a subsidiary of Libya’s National Oil Corporation (NOC) for the expansion of multi-client data activities in Libya. The deal, signed with North Africa Geophysical Company (NAGECO), is said to establish a frame
UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding rotor sails on a second vessel owned by Singapore-based shipping company Berge Bulk. The rotor sails, 5 meters wide and 35 meters tall, were installed on the 208,000 DWT Newcastlemax
Swedish tidal energy developer Minesto has secured grant funding from the Swedish Energy Agency (SEA) that will be used to accelerate its market development in Taiwan. Thanks to the €24,000 grant funding awarded through the Global Innovation Accelerator (GIA) program, Minesto aims to secure investme
The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfe
DeepOcean has upgraded a multifunctional subsea support and construction vessel it chartered from Olympic Subsea with dedicated cable-lay and installation capacity for offshore wind. The two Norwegian companies entered into a two-year time charter agreement for Olympic Ares in March 2023, with an op
Sweden’s Ocean Harvesting Technologies is undertaking a €1 million share issue for the period 2026-2027 to finance the development and prototype testing of its wave energy converter (WEC). InfinityWEC is being developed under the ongoing INFINITY and WECHull+ EU-funded collaboration projects, with t
Swedish shipping company Stena RoRo has placed an order with China Merchants Industry (CMI) for a new generation of RoRo vessels, comprising two firm C-Flexer-type vessels with options for an additional four. The new C-Flexer design features a highly developed hullform, multi-fuel engines, and a sca
Scotland-based marine energy company ZOEX Power has secured the first-ever sale of its wave energy prototype device, after completing real-world sea trials on the Turkish Black Sea coast. The purchase order was secured from a fully owned subsidiary of Türkiye’s Ordu municipality, named Oren Ordu Ene
A tripartite collaboration has been launched to develop and commercialize a 1 MW-class ammonia-to-power system for vessels, designed to replace conventional marine diesel generators as it converts ammonia into hydrogen, which powers proton exchange membrane fuel cells (PEMFCs) to produce electricity
The European Investment Bank (EIB) has selected Swedish tidal energy developer Minesto for in-depth investment advisory support focused on increasing the financial attractiveness and overall quality of the investment offer for a 10 MW tidal energy array as part of a larger build-out in a selected EU
Four European port and infrastructure players have partnered up to study the potential of carbon capture and storage (CCS) shipping corridors between Northern Europe and the UK, as well as share experience and understanding for the “new but crucial energy transition area”. Two memorandums of underst
Following the commissioning of the “world’s first” chemical tanker equipped with sails in 2024, Dutch chemical tanker operator Chemship has placed a new order with compatriot wind propulsion firm Econowind for the installation of wind-assisted ship propulsion technology on two additional vessels. Th
