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Malta greenlights second interconnector to Italy

The second Malta to Italy interconnector has reached a major milestone with the approval of the development permit by the Maltese Planning Authority. The IC2 interconnector will consist of a new ~118-kilometer-long 225 MW HVAC electrical cable interconnection through a submarine cable operating at 2

about 2 years ago

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Partnership with Maersk will help Hapag double down on its sustainability targets, Jansen says

This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading

about 2 years ago

Floating solar project in Valencia reaches first milestones

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Floating solar demo project in Valencia reaches first milestones

BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, is moving forward with its floating solar demonstration project in Valencia with the first round of contacts with main suppliers finished. BlueNewables reported on January 18 that its 1 MW PV-bos project in Valencia

about 2 years ago

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Hanwa Group to build zero-emission gas carrier powered by alternative fuels

Dong Kwan Kim, Vice Chairman of South Korean business conglomerate Hanwha Group, has unveiled a new vision for the decarbonization of shipping and introduced Hanwha’s plans to build a zero-emission gas carrier at the 2024 World Economic Forum (WEF) meeting in Davos, Switzerland.

about 2 years ago

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UK plans new 2 GW interconnector to ensure electricity transmission network is fit for future

A geophysical survey is currently underway at a new proposed HVDC interconnector in the UK that will reinforce the electricity network between Suffolk and Kent, contributing to the UK’s 2050 net-zero goal. The 2 GW Sea Link, developed by National Grid Electricity Transmission (NGET), will be approxi

about 2 years ago

Floating solar market will be as big as the onshore solar sector, says Oceans of Energy CEO

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Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

about 2 years ago

DeepOcean buys Norwegian firm to grow subsea offering

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Acquisition of Norwegian company next move in DeepOcean’s effort to grow subsea offering

A couple of days after news about a charter of a converted, battery-powered vessel to boost its subsea offering, DeepOcean announced it was acquiring digital transformation company Btwn AS as part of its ambition to grow its offering within digitalization and automation of subsea operations. Btwn –

about 2 years ago

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Pacific Basin forms new committee to drive sustainability agenda

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping Limited has established a dedicated board-level Sustainability Committee to better align its business strategy to sustainability targets.

about 2 years ago

Discriminating hydrogen colors will not get us any further

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Discriminating against hydrogen colors will not get us any further

Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg

about 2 years ago

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With new investment and leadership, Nauticus Robotics charts its path

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment before the close of 2023 said to have eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first t

about 2 years ago

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First eco-friendly coffee cargo sailboat sets sail to North America

Canadian coffee roaster Café William revealed that its first cargo sailboat set sail from the port of Santa Marta in Colombia on December 18, bound for North America.

about 2 years ago

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Offshore wind: Both challenges and enormous opportunities lie ahead

The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili

about 2 years ago

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The entire energy transition needs metals increasingly, says Allseas’ Pieter Heerema

To combat climate change, the energy mix must shift from a mix that is dominated by fossil fuels, oil & gas, coal, to an energy mix that depends more on clean energy production methods. The good thing is that everyone is committed to achieving this goal. The challenge that comes with this is that a

about 2 years ago

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First DC connection between Europe and North Africa gets €45 million from EIB

Elmed, set to become the first direct current (DC) connection between Europe and North Africa, has secured €45 million in funding from the European Investment Bank (EIB). The €921 million project concerns the implementation of an HVDC link interconnecting Tunisia and Italy across the Strait of Sicil

about 2 years ago