
On 1 September 2021, PAO Sovcomflot, Smart LNG — a joint venture between PAO Sovcomflot and PAO Novatek — and Far Eastern Shipbuilding and Ship Repair Center (FESRC) entered into a trilateral agreement to cooperate on the development of a ship repair cluster in Russia’s Far East.

Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa

Maritime data analytics specialist METIS Cyberspace Technology SA and diesel engine repair specialist Carl Baguhn GmbH & Co. KG have established a long-term strategic partnership to improve the environmental performance of existing ships and land-based power plants.

Hamburg’s Senator for Economic Affairs sees great potential for the creation of a hydrogen corridor from Hamburg via Copenhagen to Oslo.

The UK government recently unveiled its first Hydrogen Strategy with a vision to create a thriving low-carbon hydrogen sector over the next decade and beyond.

German cruise shipbuilding group Meyer Werft revealed plans to establish a center of excellence (CoE) for special vessels in Rostock.

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.