
Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.

Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp

UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).

Nexans has completed the construction of the new XLPE insulation tower at its subsea cable factory in Halden, Norway. Nexans began the expansion of the Halden factory about two months ago and after 69 days the raising of the tower is completed, the company said. The tower is 152.89 meters tall, whic

A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t

Swedish sustainable solutions provider Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. According to Alfa Laval, the acquisition is part of the strategy to expand its digital marine se

Naval architecture and marine engineering company Glosten has been selected to design a new coastal research vessel with a hydrogen-hybrid propulsion system for the University of California San Diego’s Scripps Institution of Oceanography. For this project, Glosten will provide the preliminary design

Subsea solutions supplier Feritech has secured a £1 million growth loan from the Cornwall and Isles of Scilly Investment Fund (CIOSIF) to drive overseas growth. Feritech Global designs, manufactures and sells marine geotechnical equipment, ancillaries and consumables to geotechnical and geophysical

Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospect in the UK North Sea.

Valaris has revealed that the new CFO has now started working for the company after being appointed to this role a couple of months ago.

Global offshore geotechnical data acquisition, analysis and reporting specialist Geoquip Marine has acquired the Geoquip Elena, an integrated geotechnical survey vessel (IGSV), confirming the further expansion of its fleet. According to the company, Geoquip Elena, a specialist deep push cone penetra

Japanese conglomerate Marubeni Corporation is participating in the Blue Visby Consortium to support the development of an integrated system that notifies ships of the optimal date and time for arriving at their destination. The recently launched consortium is aimed at helping the shipping industry e

Japanese shipping major Mitsui O.S.K. Lines (MOL) and the country’s National Institute for Environmental Studies (NIES) have launched a joint study on ship fuel to contribute to the safe operation of machinery on vessels. For this study, MOL and NIES will collaborate to conduct fuel quality analysis

Monterey Bay Aquarium Research Institute (MBARI) is constructing a robotic technology lab in Moss Landing, California, that will provide the space needed for the critical assembly, integration, and testing of new equipment before deployment into the ocean. The 31,900-square-foot Instrumentation Inte