10000 results found for 'iceland'

10000 results found for 'iceland'
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  • Imabari Shipbuilding rolls out the red carpet for energy-efficient 64,000 dwt bulker

    7 August 2025
    Vessels

    Japan-based Imabari Shipbuilding, one of the largest vessel construction players in the country, has delivered a 64,000 dwt bulk carrier to its owner. As disclosed, the newbuilding, named Diamond Island, was handed over at Imabari’s Iwagi Zosen shipyard, headquartered in Ehime prefecture, on August 6. Imabari has not disclosed the owner of the vessel as […]

  • Shareholders inject nearly €1.2M into Carnegie’s wave energy ambitions

    11 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Australian wave energy developer Carnegie Clean Energy has raised AUD 2.116 million (almost €1.2 million) from its share purchase plan (SPP), which closed on September 8, 2025. According to Carnegie, the funds will be used to advance several initiatives supporting the commercialization of its CETO and MoorPower wave energy technologies. Proceeds will support the development […]

  • JMU hands over new energy-efficient 160,000 dwt Suezmax tanker

    29 July 2025
    Vessels

    Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has passed an environmentally friendly 159,000 dwt Suezmax tanker to its owner. As disclosed, the vessel, which has been christened Ionic Semeli, was delivered on July 23 at JMU’s Tsu shipyard in Mie prefecture. The vessel’s owner is understood to be Greece-based maritime transport company Ionic Tankers. […]

  • First demo to unite tidal power, battery storage and hydrogen completes in Scotland

    11 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vision

    A demonstration combining tidal power, battery storage, and hydrogen production has been completed in Scotland, marking what is said to be the first time these three technologies have been integrated into a single energy system. The demonstration integrated Orbital Marine Power’s O2 tidal turbine, vanadium flow batteries supplied by Invinity Energy Systems, and an ITM […]

  • License award paving the way for work to unlock Jamaican asset’s hydrocarbon potential

    2 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.

  • Damen and AAAPropulsion join forces to ‘boost’ electric pod propulsion efficiency

    19 September 2025
    Business Developments & Projects, Collaboration, Technology, Vessels

    The Netherlands-based shipbuilder Damen Shipyards Group has entered into an agreement with compatriot electric propulsion systems manufacturer AAAPropulsion to apply the latter company’s propulsion solution on the former’s electric tugs. As disclosed, the two partners have teamed up to see how AAAPropulsion’s system called A-Pod can be integrated onto Damen’s electric tugboats with the overarching […]

  • Mermaid Subsea performs ‘fast-track’ subsea recovery project for major operator

    3 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a fast-track subsea recovery project in the North Sea for what it says is a major operator. The subsea campaign involved the internal and external severance of casing, conductor, guide pipe and cement lines, local seabed excavation, recovery of the CAN-Basic structure and management of associated materials, as well […]

  • EU-backed project to advance wave energy farms sets start date

    10 September 2025
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Vision

    The EU has awarded €4 million under Horizon Europe to the Control-Oriented Innovations for future wave energy farms (COIN) project, which is set to start on November 1, 2025.  Coordinated by Technische Universitaet Braunschweig in Germany, the four-year initiative aims to bring ocean energy technologies to technology readiness level (TRL) 5, responding to the Horizon […]

  • Full offtake from Conrad’s Indonesian gas field booked by local utility

    17 July 2025
    Business Developments & Projects, Project & Tenders

    Singapore-headquartered natural gas player Conrad Asia Energy has signed a binding agreement for the sale and purchase of natural gas with PT PLN Energi Primer Indonesia (PLN EPI), a wholly owned subsidiary of Indonesian state-owned electric utility company PT Perusahaan Listrik Negara (Persero), or PLN Persero.

  • JMU completes delivery of new future-fit 159,097 dwt Suezmax tanker

    2 September 2025
    Business Developments & Projects, Vessels

    Yokohama-based shipbuilding company Japan Marine United Corporation (JMU) recently handed over an environmentally friendly 159,097 dwt Suezmax tanker to its owner. According to JMU, the tanker—christened Advantage Smart—was delivered on August 29 at the company’s Ariake Shipyard in Kumamoto prefecture. The unit has reportedly been added to the roster of Switzerland-headquartered maritime transport player Advantage […]

  • HelioRec completes O&M for 250 kW floating solar plant in France

    8 July 2025
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Safety, Technology, Vision

    French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its 250 kW floating solar installation at Domaine de Cicé-Blossac in France. Commissioned on 29 October 2024, the system has so far helped avoid 70 tonnes of CO₂ emissions – “the equivalent of planting 96 trees.” The installation has also endured a […]

  • Chinese utility company completes purchase of stake in Greek TSO’s subsidiary

    4 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has completed the purchase of a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), this way entering what is said to be Greece’s largest island interconnector. The agreement for […]

  • UK player’s decarbonization tech kicks off its test run at ADNOC’s oil & gas assets

    1 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Project & Tenders, Research & Development, Technology, Transition

    Oxford Flow, the UK-headquartered valve solution and flow control equipment specialist, has embarked on a trial of its new valve technology at two oil and gas assets operated by the UAE-headquartered Abu Dhabi National Oil Company (ADNOC) to demonstrate the commercial and environmental benefits of the solution’s ability to eliminate fugitive emissions while supporting decarbonization targets.

  • Minesto slashes costs, closes Wales office in major reorganization

    10 July 2025
    Business & Finance, Business Developments & Projects, Human Capital, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vision

    Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports a 35% reduction in fixed costs as a result. Minesto has shut down its Holyhead office […]

  • Symphony Wave Power partners with compatriot firm on wave energy pilot in Dutch North Sea

    23 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea.  With deployment targeted for 2027, the companies plan to integrate wave energy converters (WECs) into offshore infrastructure […]

  • HGK Shipping, Covestro to install wind propulsion tech on Amadeus Titanium

    10 July 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    German shipping company HGK Shipping and compatriot chemicals company Covestro have decided to retrofit a liquid coaster vessel with wind-assisted propulsion technology. Pressing ahead to provide sustainable shipping services on European short-sea routes, the two companies have now signed an agreement to extend their existing partnership until 2040. Among other things, it involves refitting the […]

  • EST-Floattech to supply battery systems for Arklow Shipping’s general cargo ship pair

    10 November 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    The Netherlands-based energy storage system provider EST-Floattech has been commissioned to supply its battery systems for a new series of environmentally friendly general cargo vessels set to be constructed at a Dutch yard. As disclosed, EST-Floattech is to deliver its Octopus Lite battery solution for the 11,000 dwt sextet that will be built by the […]

  • Funding secured to advance design of Carnegie’s MoorPower commercial pilot

    26 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Technology

    Australia’s wave energy developer Carnegie Clean Energy has secured AUD 335,020 (approximately $218,000) in funding from the Blue Economy Cooperative Research Centre (Blue Economy CRC) to advance preliminary design work for the first MoorPower commercial pilot wave energy system. The project will adapt and scale the MoorPower technology for integration with aquaculture feeding barges, following […]

  • German TSO opens €11.7 million tender for marine warranty surveyor services

    14 October 2025
    Project & Tenders

    50Hertz has launched an €11.7 million call for tenders for marine warranty surveyor (MWS) services for offshore wind energy projects in both the Baltic Sea and the North Sea. The German TSO is looking to award a framework agreement(s) for MWS services through four lots, with the contract for each lot worth a little less […]

  • Asahi Tanker joins Maritime Battery Forum

    15 August 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Japanese shipping company Asahi Tanker has become the newest member of the Maritime Battery Forum (MBF ), a global community of maritime battery enablers.

  • Chinese subsea cable maker to establish manufacturing facility in Saudi Arabia

    15 August 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    To accelerate growth in the Middle East and enhance local industrial capabilities as part of its global strategy, China’s ZTT Submarine Cable & System is planning to set up a manufacturing facility in Saudi Arabia. By establishing manufacturing operations in Saudi Arabia, ZTT said it aims to directly support the region’s energy transition and infrastructure […]

  • LS Cable & System signs contracts for 532 MW offshore wind farm in South Korea

    11 July 2025
    Business & Finance, Business Developments & Projects

    LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth ₩177 billion (approximately $185 million). LS Marine Solution will be responsible for laying the submarine cables that will connect […]

  • VARD marks keel laying milestone for subsea construction vessel in Europe (Gallery)

    28 November 2025
    Business Developments & Projects, Vessels

    Norwegian shipbuilder VARD has held a keel laying ceremony for an offshore subsea construction vessel it is building for Dong Fang Offshore (DFO).

  • Chinese shipyard starts building Asso.subsea’s new cable-laying vessel

    5 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, November 5, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The first steel cut for Althea marks the true beginning of an exciting […]

  • First US floating solar tracker under construction in Colorado 

    29 August 2025
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    U.S.-based solar developer Noria Energy has begun construction of a tracker for a 50 kW floating solar pilot project at Fairmount Reservoir in Golden, Colorado. The Aurea Solar project, developed for the Consolidated Mutual Water Company (CMWC), will power onsite pumps that regulate the water supply. According to Noria Energy, the project is the first […]