Hamburg-based tanker shipping company Chemikalien Seetransport (CST) and Dortmund-based investment manager Dr. Peters Group (DPG) have established a joint venture for ship management.
Once only a multi-purpose concept, a solution that uses already existing breakwaters coupled with integrated wave energy devices has become a reality in the Powerpier project that will soon be deployed for trials offshore Norway. Geir Arne Solheim, the chief executive officer of Havkraft – a technol
A collaborative, green solution developed by COSL Drilling Europe, Kongsberg, and NOV is poised to generate savings in offshore drilling operations.
Shell, C3 AI, Baker Hughes, and Microsoft have launched the Open AI Energy Initiative (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. Specifically, the OAI provides a framework for energy operators, service providers, e
Scottish marine energy company Nova Innovation has announced a ground-breaking project to produce Scotch whisky distilled by tidal power in the Sound of Islay.
Energy storage company Corvus Energy is set to start the development and production of sustainable, large scale maritime-certified hydrogen fuel cell systems.
Swedish ferry operator Stena Line and terminal operator Noord Natie Ventspils Terminals (NNVT) have signed a 20-year contract securing the continuous ferry operation from the Freeport of Ventspils in Latvia.
French marine research institute Ifremer has performed a series of structural bench tests on compatriot company Sabella’s novel tidal turbine blade to determine the weight loads the blade can bear and validate its mechanical characteristics.
Norway-based Magnora has entered into a partnership with an undisclosed company to establish a joint floating wind player called Magnora Floating Wind, which already started working on the application for the ScotWind round in Scotland. The newly established company also plans to participate in the
Alfa Laval has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to work on the development of low- and zero-carbon technologies for the marine industry. As a strategic partner Alfa Laval will be part of the Center’s advisory board, providing strategic and technical guidance for futu
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.
The Mission Possible Partnership, a new coalition that aims to accelerate the decarbonization of global industries representing 30% of global emissions, was launched today at the Davos Agenda.
Oldendorff Carriers has signed a joint development project with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for dry bulk carriers. The project is being announced as the shipping industry
CorPower Ocean and OPS Composite Solutions have received close to €500,000 from EEA Grants for a collaborative project looking to boost the performance and slash costs for wave energy technology.
