A new report addressing the reduction of emissions from the global maritime sector has verified the benefits of methanol as a marine fuel highlighting it as a key solution for decarbonisation.
EC-OG, a UK-based intelligent energy management and storage technologies specialist, has changed its name to Verlume to emphasize its energy transition ambitions.
Singapore-based shipping company Eastern Pacific Shipping (EPS) has decided to ban coal shipments on its commercially managed bulkers to support the energy transition.
The U.S. Department of Energy (DOE) has awarded $25 million to eight wave energy projects that will make up the first round of open-water testing at the PacWave South test site offshore Oregon.
In pursuit of decarbonisation, Port of Blyth has made a multi-million-pound purchase to acquire its first fully electric crane from Finnish manufacturer Konecranes.
The 2022 Powering the Blue Economy: Ocean Observing Prize competitors have been granted additional support to develop innovations for the integration of marine renewable energy with ocean observation platforms.
Germany’s shipping company Rhenus-Arkon-Shipinvest (RHAS) has taken delivery of the first ship in a new Hanse Eco class of coastal ships.
Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets in Malaysia and Vietnam.
UK-based company Marine Power Systems (MPS) has been awarded £3.5 million in grant funding from the UK Government to further develop its floating platform technology and wave energy converter.
French start-up HelioRec has installed a floating solar power plant in the Port of Oostende in Belgium as part of the EU-funded DUAL Ports initiative.
Høglund has been selected to supply hybrid and automation systems to six hybrid bulk vessels, with potential for six more.
Ørsted and Germany-based steel producer Salzgitter AG have entered into a strategic partnership which will see the two companies working on establishing closed value chains in their business relationships, revolving around offshore wind and steel production. The companies have signed a memorandum of
Shell has officially changed its name to Shell plc, after deciding to simplify its share structure and remove the Royal designation.
Earlier this month, the European Parliament’s Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading System (ETS) Directive which forms part of the ‘Fit for 55’ package of climate and energy reforms unveiled in July 2021.
