Business Developments & Projects

Resen Waves to supply wave energy tech for CCS project monitoring
Danish company Resen Waves has joined the Greensand carbon capture and storage (CCS) project to develop small-scale wave energy buoys that will be used for monitoring activities.

Port of Aberdeen gets £200,000 to speed up its drive to net zero
The UK’s Port of Aberdeen has been awarded more than £200,000 from the UK Government to accelerate its drive to Net Zero by 2040. The ‘Port Zero’ feasibility study, which is part of the Clean Maritime Demonstration Competition Round 2 (CMDC2), will analyse future port power demands, assess low carbo

Zero-emission hydrogen USV receives UK government funding
SEA-KIT International has secured funding through the second round of the Clean Maritime Demonstration Competition (CMDC) to design a hydrogen-powered, zero-emission uncrewed surface vessel (USV). SEA-KIT and Bramble Energy will implement outputs from a Round 1 project that marinized a printed circu

Viking’s new cruise ship equipped with hydrogen fuel cells delivered
Italian shipbuilder Fincantieri has handed over Viking Neptune, a new cruise ship equipped with hydrogen fuel cells, to Swiss cruise line Viking.

ProtoAtlantic sets up free access to Lir NOTF for offshore renewable energy startups
ProtoAtlantic project has launched a new program that will enable free access to the facilities of Lir-National Ocean Test Facility (Lir NOTF) for offshore renewable energy startups across the Atlantic Area.

Marubeni to install four suction sails on Panamax bulker
Spanish rigid sail developer bound4blue and dry bulk shipping company MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore, have signed an agreement to install four suction sails on the Crimson Kingdom. According to the preliminary studies, the 229-meter length Panama

Nexans inks reservation agreement for EuroAsia Interconnector
Nexans Norway has signed a reservation agreement for the HVDC cable systems for the Cyprus – Greece link of the EuroAsia Interconnector. EuroAsia Interconnector is a multi-terminal high-voltage, direct current scheme which will comprise three converter stations with sea electrodes, interconnected by

Offshore drilling results confirm CO2 storage capacity for Northern Lights project
Northern Lights has confirmed the storage capacity of at least 5 million tonnes of CO2 per annum in the North Sea licence off Norway.

Co-location of offshore wind, wave and floating solar could lead to ‘unprecedented’ LCOE reduction, report finds
Co-location of offshore wind, wave and offshore solar energy in multi-source energy parks could lead to unprecedented reduction of levelized cost of electricity (LCOE), according to a new report by EU-SCORES project.

HUB Ocean, Mærsk Mc-Kinney Møller Center form knowledge partnership
HUB Ocean, a Norway-based center dedicated to sharing ocean data, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. HUB Ocean is an independent, non-profit tech foundation that invests considerable resources into unlocking ocean data. Its flags

Schottel claims 25% energy consumption reduction on RoPax ferry retrofits
German propulsion system manufacturer Schottel has revealed that installing its two EcoPellers onboard a RoPax ferry resulted in a 25 per cent reduction in energy consumption.

Yara Clean Ammonia to use Amogy’s ammonia-to-power system in shipping projects
Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a ze

Investment decision for Barents Sea project postponed amid cost growth in supply industry
Equinor and its Wisting project partners have decided to postpone the investment decision scheduled for December 2022.

Green light for Aker BP to kick off North Sea drilling ops with Saipem rig
Aker BP has secured two types of permits from Norwegian authorities for drilling operations in the North Sea off Norway.