Carnegie Clean Energy has substantially reduced its debt following the conversion of Au$1.75 million (€1.1 million) of convertible notes into shares and unlisted options, making the existing company’s funds sufficient to complete the CETO technology pathway.
Wartsila has expanded its partnership with Van Oord with the signing of a 9-year renewal and extension to its Optimized Maintenance agreement. The contract covers the Wartsila engines installed on the cutter suction dredger ‘Athena’ and was signed in January 2021. The new agreement also expands on t
Danish tanker owner Maersk Product Tankers has cut its CO2 emissions by 3.3 percent in 2020 with the help of its proprietary digital and technical solutions. The latest decrease gives a total reduction of 28.7 per cent between 2008 and 2020 as measured on the Energy Efficiency Operational Indicator,
Global average opex per megawatt in the offshore wind sector has fallen significantly over the last eight years and is expected to further decline until 2029, driven by an increasing utilisation of new technologies and innovative solutions in operations and maintenance (O&M). “With economies of scal
Wave Power Engineering, the developer behind the Wave Mill device, is looking for UK collaborators to help the company build and deploy a wave energy demonstration plant.
Aker Carbon Capture, Danish offshore wind giant Ørsted, and global technology colossus Microsoft teamed up in a project to capture emissions from biomass power plants and store them using the Northern Lights project.
Back-deck equipment specialist Maritime Developments MDL has secured a two-year frame agreement with Helix Robotics Solutions for project engineering services and equipment supply. The agreement covers the provision of MDL project management and engineering services, as well as personnel and equipme
Port of London Authority (PLA) has established a new test site for novel energy-generating technologies that will be powered by the tides of River Thames.
Lloyd’s Register (LR) has awarded an Approval in Principle to Exmar’s ammonia fuelled 40,000 m3 midsize gas carrier (MGC). The vessel was designed by China-based Jiangnan Shipyard while Wärtsilä Gas Solutions provided all input for the ammonia fuel gas supply system. The evaluation included an overa
Ocean Renewable Power Company (ORPC) has secured a $3.6 million grant from the U.S. Department of Energy’s Water Power Technologies Office to build, test, and operate a modular current energy converter.
DEME Offshore and Sabca have carried out a series of tests at the Rentel offshore wind farm with an aim to automate critical and ad hoc operations in the near future by using autonomous aerial vehicles (AAVs) and artificial intelligence (AI). The companies, which teamed up two years ago, have perfor
Deltamarin, in partnership with Cargill and BAR Technologies, has launched a virtual showroom of their WindWings technology. WindWings is a wind propulsion system designed to harvest wind energy, and it has the potential to reduce a vessel’s CO2 emissions by up to 30%, according to its developers. T
Sonardyne is supporting Norske Shell’s ongoing long-term, large-scale seabed monitoring project at Ormen Lange, Norway’s second largest gas field. The UK-based marine technology firm has for the first time deployed a new breed of underwater sensor that is able to self-calibrate, enabling precise, lo
South Florida-based ocean energy company OceanBased Perpetual Energy has signed a four-year contract to produce commercial-grade green hydrogen for South Carolina engineering firm Summit Worx. OceanBased will produce hydrogen using electrolysis powered solely by electricity generated from the perpet
