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Market Outlooks

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JAXPORT
Market Outlooks

Ceres to invest $60 million in JAXPORT container terminal

North American terminal operator Ceres will invest millions to modernize a 158-acre container terminal that connects Jacksonville to destinations in Asia and South America.

about 4 years ago
CalWave's team working on the deployment of x1 wave energy prototype (Courtesy of CalWave Power Technologies)
Market Outlooks

U.S. wave energy start-up seeks fresh talent

The U.S.-based wave energy start-up CalWave Power Technologies is looking to bolster its engineering ranks with several positions open for new talent.

about 4 years ago
One of TEAMER program’s facilities – The University of Maine’s Advanced Structures and Composites Center (Courtesy of TEAMER)
Market Outlooks

TEAMER opens sixth call for marine energy testing

The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the U.S. Department of Energy (DOE), has opened its sixth call for applications for marine energy developers.

about 4 years ago
Nova M100-D tidal power turbine (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation gets clearance to install five 100kW tidal turbines in Canada

Scottish tidal energy company Nova Innovation has received authorization from Fisheries and Oceans Canada (DFO) to install five 100kW in-stream tidal turbines in Petit Passage in Nova Scotia.

about 4 years ago
TotalEnergies
Market Outlooks

Higher oil & gas prices lift TotalEnergies profit

TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.

about 4 years ago
ZIM
Market Outlooks

ZIM hires 13 Navios containerships

Israeli shipping company ZIM Integrated Shipping Services has entered into a new charter agreement with Monaco-based shipowner Navios Maritime Partners for a total of thirteen containerships.

about 4 years ago
Newly-designed steel and concrete foundation as part of CF2T project (Courtesy of Sabella)
Market Outlooks

Sabella designs new hybrid gravity-based foundation for tidal turbines

French tidal energy company Sabella has finalized the design of the new gravity-based foundation for tidal turbines which combines concrete and steel for greater cost-competitiveness.

about 4 years ago
Valaris DS-10 drillship was used to drill for Shell off Namibia
Market Outlooks

Here’s what the industry says about Shell’s oil discovery in Namibia

Here’s what the industry says about Shell’s oil discovery in Namibia

about 4 years ago
Photo showing Crestwing's wave energy prototype 'Tordenskiold' (Courtesy of Crestwing)
Market Outlooks

Danish university sets up PhD scholarship focused on Crestwing’s wave device

The Centre for Energy Technologies at Aarhus University has invited applications for PhD scholarship devoted to techno-economic assessment of the overall performance of Crestwing’s wave energy technology.

about 4 years ago
U-Ming
Market Outlooks

U-Ming: Sustainability-linked loan to support fleet renewal

Singapore-based Oversea-Chinese Banking Corporation (OCBC Bank) has extended a $70 million sustainability-linked loan with U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies.

about 4 years ago
Illustration/Sabella's D10 tidal turbine (Courtesy of Sabella)
Market Outlooks

Sabella formalizes partnership for tide-powered green hydrogen production

French company Sabella has signed a memorandum of understanding with H2X-Ecosystems for the development of green hydrogen production system powered by tidal energy.

about 4 years ago
Erik Thun
Market Outlooks

Erik Thun orders next-gen dry cargo vessels

Swedish shipping company Erik Thun Group has ordered two new dry cargo vessels from Dutch shipyard Ferus Smit in an effort to replace some of the existing vessels with newbuilds.

about 4 years ago
Maersk
Market Outlooks

Maersk posts record earnings, further expands logistics portfolio

Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.

about 4 years ago
Illustration/Earlier version of StingRAY device (Courtesy of C-Power)
Market Outlooks

C-Power gets investors backing for ocean energy and data solutions

U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.

about 4 years ago
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