Japanese company PowerX plans to design and build an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The Power ARK 100 is a 100 TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. Upon its completion in 2025, Power ARK
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured approval in principle (AiP) from Norwegian classification society DNV for the basic design of ammonia fuel-ready very large crude carrier (VLCC).
South Korean shipbuilder Samsung Heavy Industries (SHI) has decided to sell stock and raise around KRW 1.23 trillion ($1.1 billion).
PSA International has partnered up with RHT to explore co-creation and investment in environmental, social, and governance (ESG) digital assets solutions in an effort to further advance the goals of decarbonisation in ports and supply chains.
Wind assisted ship propulsion (WASP) enjoys growing shipping interest, driven by the need to curb climate change. One of the most proven technologies in this field are Flettner-rotor vessels.
The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.
The European Commission has opened a call for expressions of interest for a new working group on offshore renewable energies that would contribute to reaching EU’s ambition of at least 300GW of offshore wind and 40GW of ocean energies by 2050.
Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen.
Dublin-based information and communications technology (ICT) consultancy Mindseed has formed partnership with Ocean Energy to assess the potential benefits of using satellite-based services within the marine energy sector to address key operational challenges.
Environmental organization One Earth – One Ocean (oeoo), with the support of building materials group Holcim Ltd., has launched the Circular Explorer, a purely solar-powered catamaran built to collect trash from the water.
Three teams have started working on feasibility studies in the field of space technology and data to accelerate the roll-out of marine energy following the tender from European Space Agency (ESA) issued in cooperation with Dutch Marine Energy Centre (DMEC).
The UK-based dry bulk shipping company Taylor Maritime Investments is looking to acquire up to six Handysize vessels as it plans to raise $75 million via a proposed non pre-emptive placing of new ordinary shares.
Two Norway-based companies have launched a joint venture to fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services.
Danish wave energy company Wavepiston has completed the factory acceptance test (FAT) for its wave energy power generation and desalination units that will be deployed off Canary Islands.
