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InfinityWEC project by Ocean Harvesting Technologies

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Lundin backs Ocean Harvesting Technologies

Swedish wave energy tech developer Ocean Harvesting Technologies has secured a €300,000 investment from Lundin Foundation. The investment matches a grant from the Swedish Energy Agency for the next development phase of the company’s InfinityWEC technology. InfinityWEC is a modular and scalable wave

about 6 years ago

Transition

HHLA’s sustainability strategy on track with new battery-powered AGVs

Germany’s terminal operator Hamburger Hafen und Logistik AG (HHLA) to implement its sustainability strategy at its terminal facilities in Hamburg.

about 6 years ago

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Italian players team up to work on energy transition technologies

Saipem and Snam have signed a Memorandum of Understanding to work together on new energy transition technologies, green hydrogen development, and CO2 capture and reuse.

about 6 years ago

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Decarbonization: Why are partnerships and coalitions so important?

The maritime industry’s mission to clamp down on emissions hasn’t been derailed by the COVID-19 pandemic as many feared could be the case. Obviously, the pandemic has had a major impact on the short-term activities as numerous meetings at the International Maritime Organization (IMO) had to be postp

about 6 years ago

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Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.

about 6 years ago

Green Hydrogen Could Bring UK GBP 320 Billion by 2050

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Green hydrogen could bring UK £ 320 billion by 2050 – Report

Development of an indigenous green hydrogen industry could generate £ 320 billion for the UK economy and sustain up to 120,000 jobs by 2050, a new report finds. The Offshore Wind and Hydrogen: Solving the Integration Challenge Report was released by the Offshore Wind Industry Council (OWIC) and the

about 6 years ago

Northern Lights subsea template before installation; Source: Equinor CCS

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Rystad: Europe could invest $35 billion in CCS by 2035

After many years of expensive carbon capture and storage (CCS) studies and test centres, Europe has reached a point where big-scale developments are financially sensible, a Rystad Energy analysis shows.

about 6 years ago

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Estonia’s first hybrid ferry starts service

Ferry Tõll has become the first hybrid passenger vessel in Estonia following its successful conversion.

about 6 years ago

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Ocean DEMO 3rd call approaching deadline

There are only two weeks left to apply for the EU-funded Ocean DEMO 3rd call. Successful applicants will receive free access to test their ocean energy products and services in real sea environments at the project’s network of test centres. This call will focus on supporting technology developers wi

about 6 years ago

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DFDS sets sights on climate neutrality by 2050

Danish ferry and logistics company DFDS has developed an ambitious climate plan unveiling its goal to become climate neutral by 2050.

about 6 years ago

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UK: OGA offers offshore blocks to 65 firms as gov’t launches review into future licensing regime

The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the latest offshore licensing round.

about 6 years ago

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Wilhelmsen, Hyundai Glovis team up on developing hydrogen as marine fuel

Oslo-based Wilhelmsen Group has signed a Memorandum of Understanding (MoU) with South Korean Hyundai Glovis to explore the potential of the global gas shipping market, and research into alternative vessel fuels, such as liquefied hydrogen. The MoU builds on the years-long relationship between the tw

about 6 years ago

Transition

SSI, CBS Maritime to define sustainability criteria for marine fuels

The Sustainable Shipping Initiative (SSI) and Copenhagen Business School (CBS) Maritime have set up a new partnership with the aim of defining the sustainability criteria of the alternative fuels under consideration for shipping’s decarbonisation and their certification. As explained, no sustainabil

about 6 years ago

Transition

MaRINET2 launches final call for applications

The fifth and final call for the EU-funded MaRINET2 project has opened, targeting offshore energy technology developers who are looking to test their device or components. The project offers fully-funded access to a network of testing and research infrastructures in Europe. Open until 16 October, th

about 6 years ago