U.S. oil and gas major Chevron returned to profit in the fourth quarter of 2021 from a loss in the prior-year period.
Dutch marine fuel supplier Titan LNG has completed the LNG bunkering of MT Prospero — Donsötank’s new 22,000 dwt product and chemical tanker.
French tidal energy company HydroQuest is looking for a partner specializing in the production of composite blades for its next-generation tidal energy turbines.
SIMEC Atlantis Energy, together with its partner Asturfeito, has developed a new pitch system that enables the rotor diameter and rated capacity of tidal energy turbines to increase.
Israeli shipping company ZIM Integrated Shipping Services has decided to end the cooperation with the 2M alliance members Maersk and Mediterranean Shipping Company (MSC) on key transpacific trades.
Norway-based Petroleum Geo-Services (PGS) has reported an almost $6 million decrease in segment revenues in 2021 compared to 2020 due to, as the company says, the overall seismic market being “weaker”. Segment revenues and other income reached $590 million in 2021, compared to $595.9 million in 2020
Marine Power Systems (MPS) has announced a tender for a contractor to design and build a platform deployment system for its megawatt-scale wind and wave energy demonstrator.
Germany’s transport and logistics company Volkswagen Group Logistics, part of Volkswagen AG, has become a signatory of the Ship Recycling Transparency Initiative (SRTI), an information disclosure platform hosted by the Sustainable Shipping Initiative (SSI).
Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities.
Japanese shipping firm Nippon Yusen Kabushiki Kaisha (NYK) has agreed to acquire a 10% stake in Uyeno Transtech, a domestic tanker operating company that is part of the Uyeno Group.
As part of the CO2 emission reduction endeavour, Spliethoff Group, the Netherlands-based shipowner, has completed its first biofuel trial in cooperation with compatriot biofuels pioneer GoodFuel.
Spanish ferry operator Baleària has embarked on a project to build the first electric passenger and cargo ferry that will be pollution free during port stays and approaches.
Scottish company AWS Ocean Energy has transported its Archimedes Waveswing wave energy device to Stromness in Orkney, ahead of deployment at the European Marine Energy Centre (EMEC). The 16kW Archimedes Waveswing arrived at Hatston Pier in Kirkwall on January 25, 2022, before being transported to Co
Multi-national corporation IDOM, in collaboration with U.S. partners, is seeking feedback from tidal energy industry on the optimal design of a mobile test vessel to ensure its capabilities provide best support for the scope of tidal energy turbine testing.
