Marine Power News

 

Esvagt, Wavepiston Test Wave Energy Plants

Feb 14, 2019

The provider of safety and support vessels at sea Esvagt has provided support to Wavepiston during the installation of its wave energy device at the test site near Hanstholm, Denmark.The ‘Esvagt Connector’ took part in placing Wavepiston’s wave power device…

MFDevCo Enters Collaboration with Marnavi Offshore

Jan 27, 2019

London-listed Nu-Oil and Gas' 50%-owned joint venture, Marginal Field Development Company (MFDevCo), has entered into a strategic collaboration agreement with Marnavi Offshore, including its subsidiary Next Geosolutions.Marnavi was joining MFDevCo…

Ocean Power Technologies Pact with NEC Energy Solutions

Dec 05, 2018

The provider of ocean energy solutions Ocean Power Technologies (OPT) signed a letter of intent to enter into a long-term supply agreement with NEC Energy Solutions, global leader in utility scale energy storage.Under the terms of the supply agreement…

Scotrenewables Renamed Orbital Marine

Oct 17, 2018

The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new name is inspired by the orbital cycle of the moon around the earth, the reliable provider of tidal energy…

Norway Should Invest in Kongsberg Share Issue -Government

Sep 28, 2018

Norway should invest about 2.5 billion Norwegian crowns ($306.26 million) in Kongsberg Gruppen's planned share issue, to help pay for the firm's acquisition of Rolls-Royce's Commercial Marine unit, the government proposed on Friday.If approved by parliament…

Kongsberg to Equip New Heavy Lift Crane Vessel

Sep 25, 2018

Kongsberg Maritime has secured a contract worth approximately $13 million to equip a new heavy lift crane vessel for Offshore Heavy Transport (OHT) with an innovative technology suite. The vessel, a customized Ulstein Design & Solutions BV design…

New Rules on Ship Emissions Herald Sea Change for Oil Market

May 17, 2018

New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur, which is blamed…

Report: Decarbonize Maritime by 2035

Mar 27, 2018

While the notion that maritime transport could be 'zero-carbon shipping' by 2035 may seem fallacy to the majority, a new report reviews the pathways to zero-carbon shipping.According to a  new report published by the International Transport Forum at the OECD…

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