
Several parties can benefit from the development and integration of marine energy technologies in the Dutch energy mix, as they may play a role in bulk power generation, balancing of the grid, and the optimization of generation portfolios, according to certification group DNV.

TeamSeas reached its $30M goal in the final hours of New Year’s Day.

Wave energy parks, equipped with Symphony Wave Power devices, could emerge in the North Sea in 2023, according to the company’s founder Fred Gardner.

Welcoming the UK government’s plans to invest in tidal energy industry, certification and advisory company Bureau Veritas has suggested that tidal stream electricity has the potential to become one of the most viable and reliable sources of renewable energy in the world.

FESCO Transportation Group, the largest intermodal transport operator in Russia, revealed it will further increase container traffic on the route connecting Japan and Russia.

Focusing on methanol as a fuel for climate-friendly shipping, technology company Rolls-Royce aims to set standards in high-speed methanol engines.

Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.

Advent Technologies Holdings’ fuel cell unit for the maritime sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by classification society DNV.

The Port of Rotterdam Authority and the municipality of Rotterdam are exploring possibilities of installing more shore-based power at the port’s terminals to reduce CO2 emissions and air pollution.

The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.

In its first environmental, social, and governance (ESG) strategy, Finnish shipping company ESL Shipping has revealed its target to achieve net zero CO2 operations by 2050.

NovaAlgoma Cement Carriers (NACC), a cement shipping joint venture between Luxembourg’s Nova Marine and Canada’s Algoma Central Corporation, has doubled its investment in JT Cement by acquiring an additional 25% of its share equity from KGJ Cement Holdings AS.

Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large

Swiss marine engine technology developer WinGD has opened a new test centre in Shanghai, China, as the company continues to invest in its R&D infrastructure.