South Korea-based wave energy developer Ingine has been selected to receive financial support from the Korea Environmental Industry & Technology Institute (KEITI) for 10MW wave energy project planned for Indonesia.
French-based osmotic power pioneer Sweetch Energy has secured €5.2 million to develop its first full-scale osmotic power prototype and start the industrialisation phase for the novel clean power source.
Classification society ABS has decided to join SOFC4Maritime, a joint development project (JDP) to accelerate the development of the solid oxide fuel cell (SOFC) technology.
Japanese manufacturer of marine propellers Nakashima Propeller Co. Ltd. has acquired a majority stake in the German shipbuilding supplier Becker Marine Systems GmbH.
Canadian marine technology company Kraken Robotics has entered into a non-binding letter of intent (LOI) to acquire 3D acoustic imaging specialist PanGeo Subsea.
Ireland-based ÉireComposites has secured the European Union funding to lead the international consortium to jointly develop and market marine hydrokinetic turbine (MHK) made of recycled carbon fibres.
In a global first for the maritime industry, Denmark’s Port Esbjerg and the US-based conglomerate Honeywell are working together on climate cooperation designed to help reduce carbon emissions at the port by 70% by 2030 in line with the country’s climate target.
Ocean Energy Europe (OEE) has appointed DP Energy’s Simon De Pietro and CorPower Ocean’s Patrik Möller as its new co-presidents to steer the ocean energy sector through crucial period.
French shipping and logistics giant CMA CGM is launching the first low-carbon shipping offer based on biomethane that supports the group vision to become carbon-neutral by 2050.
Korea Hydro & Nuclear Power (KHNP), a subsidiary of Korea Electric Power Corporation (KEPCO), has completed performance testing on South Korea’s largest floating solar power plant model.
Marine Energy Wales and Tidal Range Alliance have welcomed the Welsh government’s intention to reassess its potential support for the development of tidal range energy projects in Wales.
Swedish ferry company Stena Line is accelerating the transition towards fossil-free shipping and presents its plan to reduce total CO2 emissions by as much as 30% until 2030.
Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, is partnering with biofuels provider GoodFuels to trial the use of a marine biofuel produced from sustainable and certified feedstocks.
Bureau Veritas has joined the Science Based Targets initiative, a group of companies who are demonstrating the highest level of ambition on climate and paving the way to a net-zero future.
