DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration.
IEEFA says that the Ukrainian crisis impacts on energy markets may stop emerging markets in Asia from securing imported LNG supplies.
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
Having played a pivotal role in the advancement of marine renewable energies in France, the SEM-REV test site is ready for infrastructure upgrades to respond to the needs of the growing offshore renewable energy sector.
Hamburg-based maritime services company Bernhard Schulte Shipmanagement (BSM) and the Norwegian ammonia specialist Amon Maritime have decided to form a 50/50 joint venture named Ula Ship Management.
Members of Canada’s Chamber of Marine Commerce (CMC) are looking to explore the potential for a multi-stakeholder initiative to establish a new Canadian Green Shipping Corridor in the Great Lakes – St. Lawrence waterway.
French tidal energy company EEL Energy is making final steps before launching its new commercial-scale 50kW tidal energy turbine for trials in the Port of Brest.
The multi-use wind and wave offshore platform prototype, dubbed Aurora, has been decommissioned after one year of sea trials as part of the EU-backed Blue Growth Farm project.
The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.
As of the beginning of April, Lithuania has completely abandoned Russian gas, satisfying all its gas demand through the Klaipeda LNG terminal.
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.
Vaarst, tech spin-off of subsea player Rovco, has raised $20 million in investments to fund its global expansion plans and drive next-generation technology adoption in marine industries. The investment is the first in the company’s Series B round and will be used for the expansion of its pioneering
SIMEC Atlantis Energy has secured a non-convertible loan of €2.95 million from Scottish Enterprise for the redeployment of MeyGen turbines.
