
Norway’s Myklebust Shipyard has awarded compatriot Brunvoll with another contract for a thruster package, destined for an inspection, maintenance and repair (IMR) vessel it is building for REM Offshore. This confirms the option for an additional vessel for REM Offshore, originally announced in May t

Swedish company CorPower Ocean’s wave energy initiative in Portugal has gained backing from the European Investment Bank (EIB), which views the project as an “innovative solution that could revolutionize the renewable energy landscape.” According to CorPower Ocean, the EIB is providing the company w