Norwegian companies Multiconsult and Argeo have entered into a strategic cooperation to improve quality of marine surveys and increase construction insight of the seabed conditions for large coastal development projects and offshore structures. The two parties have also invested in a Hugin autonomou
Decarbonization in the shipping sector is inevitable. However, charting the way forward for the sector seems to be a very complex and demanding task as the industry stakeholders look at how regulations and market-based mechanisms can help the sector transition into a greener future. Regulation will
Greece and Italy will be looking to build a new subsea power interconnector with up to 1GW capacity, Greek grid operator IPTO said in its 2022-2031 preliminary development plan. IPTO and its Italian equivalent Terna recently teamed up to prepare studies to strengthen the interconnection of the two e
Mediterranean Shipping Company (MSC) has joined the Hydrogen Council, as a steering member to foster cross-sector collaboration that will accelerate research and development related to clean hydrogen derived fuels and solutions. The Hydrogen Council is a global CEO-led initiative that brings togethe
Russia’s largest independent natural gas producer and LNG operator Novatek has taken a step ahead to reduce its greenhouse gas emissions.
Shell Marine, part of Royal Dutch Shell, has received a multi-year contract to provide marine lubricants to cruise line operator Carnival Corporation’s fleet of 89 ships.
The partnership targets zero-emission shipping markets with next-generation redox flow batteries.
United Arab Chemical Carriers Limited (UACC), the Dubai-headquartered international shipping company, has entered into a definitive merger agreement to be acquired by United Overseas Group Ltd, a company controlled by Peter Georgiopoulos and Leonidas Vrondissis. The transaction is structured as a re
Dutch power company Eneco and the Port of Rotterdam Authority, united in Rotterdam Shore Power BV, have agreed with port operator Vopak Terminal Europoort to conduct a feasibility study for the use of shore-based power at the terminal.
Bombora Wave Power has entered into agreement with Mitsui O.S.K. Lines (MOL) to identify marine energy project opportunities in Japan and the neighbouring regions.
Nihon Shipyard Co. Ltd, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding Co., Ltd., was established on January 1, 2021. The capital and business alliance comes on the back of all the necessary regulatory approvals and review processes. The Tokyo-headquartered sh
Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.
European Union’s Horizon 2020 program has awarded €5 million to VALID project for the development of a Hybrid Testing Platform that will accelerate the testing of marine energy devices in Europe’s race towards carbon neutrality.
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is
