The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.
Langh Ship has ordered three multi-fuel MPP vessels which will serve Outokumpu on the short sea lane between Finland and continental Europe.
After being awarded an extension on the Walton Morant licence in Jamaica, United Oil & Gas will be moving forward with its farm-out campaign.
The consortium of ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers has completed the joint project of installing additive manufactured spare parts on board the oil tanker Polar Endeavour.
Norway-based classification society DNV has decided to acquire Dutch cyber security specialist Applied Risk in an effort to create an industrial security powerhouse.
The Danish Minister of Climate, Energy and Utilities, Dan Jørgensen, and the Belgian Minister of Energy, Tinne van der Straeten, have signed a formal political Memorandum of Agreement to establish an offshore grid connection between Denmark and Germany including the Danish energy island in the North
Finnish wave energy company Wello and government-led agency Export Barbados (BIDC) have announced a new cooperation agreement to explore the opportunities that lie in Barbados’ marine space for energy generation.
Swedish wave energy company Seabased has signed a lease agreement with the Government of Bermuda for the construction of 40MW wave energy park.
Maritime services provider MISC Berhad has been listed as a constituent of the Dow Jones Sustainability Indices (DJSI) under the Emerging Markets category.
Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
The representatives of the Basque Energy Cluster and the Blue Cluster from Belgium have signed a memorandum of understanding (MoU) to promote European offshore energy know-how worldwide.
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT.
