Spanish shipping company Baleària has signed the first sustainable financing agreement in the Spanish shipping sector with a green loan of EUR 80 million (about $88.4 million).
UAE-based offshore engineering and construction services provider Lamprell is in talks for the sale of a stake in its oil & gas business.
The UK Government has set aside €12.2 million (£10 million) for energy entrepreneurs developing innovative green technologies that can help cut UK’s reliance on expensive fossil fuels.
Swedish shipping company Erik Thun Group has decided to order a new dual-fuel tanker in China.
A consortium of research organizations and marine renewable energy specialists has created a marine data toolbox for ocean energy project developers as part of the EU-backed ResourceCODE project.
Monaco-based tanker operator Scorpio Tankers has entered into a memorandum of understanding with Californian company Carbon Ridge to collaborate on the development of onboard carbon capture for maritime vessels.
ABB has secured a deal with Aibel for the provision of power from shore technology to the Equinor-operated North Sea field.
Value Maritime and Carbon Collectors will together perform a conceptual design study for a new fleet of tugs to be built by the latter.
Aker BP has secured approval from the Norwegian government to increase gas production from a field located in the Norwegian Sea off Norway.
Swedish company CorPower Ocean has partnered with compatriot subsea composite specialist Diab for the construction of its first commercial-scale wave energy converter.
The government of the Canadian province of Nova Scotia has introduced amendments to the Marine Renewable-energy Act that will improve the regulatory framework for the tidal energy industry.
Regarding the proposed extension of the EU Emissions Trading System (EU ETS) to the maritime sector, the Port of Rotterdam has requested the research and consulting agency CE Delft to investigate the subsequent impact on the competitive position of seaports.
U.S. offshore safety regulator is getting a new director whose service record is seen as an asset in spearheading the switch to clean energy.
In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels.
