Welsh marine energy company Bombora Wave Power has set out on a recruitment spree seeking several engineers and a manager to help further develop its ocean energy technology.
Kitack Lim, Secretary-General at the International Maritime Organization (IM0), has stressed the importance of collaboration across various maritime sectors in order to achieve industry targets for reduced greenhouse gas (GHG) emissions.
The ITSASDRONE, an Autonomous Surface Vehicle (ASV) developed by Spanish research institute AZTI, has completed the first sea trials ahead of deployment at BiMEP to monitor Wello’s Penguin wave energy device.
The Global Centre for Maritime Decarbonisation (GCMD) and the Global Maritime Forum have signed a partnership agreement to support and accelerate the transition of the global maritime industry to a low-carbon future.
Canada’s industry-led transformative cluster Ocean Supercluster has announced its largest project to date, the $65 million Clean Ocean Advanced Biofuels Project.
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.
Singapore-based shipping company Eastern Pacific Shipping (EPS) has invested in nine more startups in an effort to encourage change in the maritime industry by using a green and technology-driven approach.
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.
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.
BW Offshore has inked a deal to recycle one of its FPSOs at a yard in India, as part of its strategy to optimise its current asset portfolio.
French company Sabella has signed a memorandum of understanding with H2X-Ecosystems for the development of green hydrogen production system powered by tidal energy.
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.
The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two years. The change kicks in from March 2023 when the next CfD round opens, the Department for Business, Energy & Industrial Strategy (BEIS) said.
Norway’s Reach Subsea has reported 2021 as the best financial year in company history. This is said to be driven by high vessel utilization and project execution, as well as the purchase of OCTIO. In its latest financial report, Reach Subsea stated it also had its best-ever fourth quarter which saw
