UK’s OGA has revealed that the decommissioning cost estimate has fallen to £46 billion (about $63.7 billion), the fourth year-on-year fall.
South Korean shipbuilding company Samsung Heavy Industries (SHI) is partnering with compatriot midsize shipbuilder to foster technology exchange in the field of smart and eco-friendly ships.
Swiss container shipping giant Mediterranean Shipping Company (MSC) is among “Europe’s top 10 climate polluters,” according to the Transport & Environment (T&E) report.
The U.S. Department of Energy (DOE) has made available up to $27 million in federal funding for research and development projects to convert energy from ocean waves into carbon-free electricity.
Containership owner and operator Seaspan Corporation, part of Atlas Corp. has revealed a new order encompassing ten 7,000 TEU dual-fuel LNG containerships.
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50%, UK-based shipping consultancy Drewry believes. The profit surge is driven by huge operational disruptions as ports battle congestion and lack of equipmen
Dutch tidal energy company SeaQurrent has made progress with the preparation of the test site offshore the island of Ameland in the Wadden Sea ahead of the upcoming demonstration of its full-scale TidalKite device.
Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.
Dutch tidal energy company Tocardo and U.S.-based marine energy developer C-Power have made it to the Greenbackers Investment Capital’s final list of technology start-ups to take part in an innovative six-month international investment programme.
South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for the construction of three liquefied natural gas (LNG) carriers.
SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
The container shipping industry has been faced with an unprecedented congestion crunch over the past year and a half, driven by COVID-19 related labour shortages, as well as handling capacity limits resulting in major disruption across the global ports. Massive swings in container shipping demand co
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020, data from Vessels Value shows. The jump testifies to a red-hot container market that has fueled demand for tonnage, not only in the charter market,
