ECO WAVE POWER CUTS COSTS IN 2024, PROJECTS IN FOCUS
Wave energy developer Eco Wave Power has presented its 2024 financial results, highlighting cost reductions, revenue generation, and a strengthened financial position.
The company raised $3 million through a registered direct offering, bolstering its financial...
LR VERIFIES DAMEN AIR CAVITY SYSTEM FUEL EFFICIENCY
Independent verification confirms fuel savings and emissions reduction
Lloyd’s Register (LR) has independently verified the fuel-saving capabilities of the Damen Air Cavity System (DACS), marking the second verification for the air lubrication system. This assessment...
META’S WATERWORTH SUBSEA CABLE IS ABOUT GEOPOLITICS AND GEOECONOMICS
Announced on 14 February, Meta’s Project Waterworth is not just proposed to be the world’s longest submarine cable but reflects ever-shifting geopolitical and geoeconomic landscapes. It presents a great opportunity for Australia to collaborate...
NET ZERO TECH VENTURES BACKS AMMONIA CRACKING TECHNOLOGY COMPANY COMMON
Venture capital company NetZero Tech Ventures will invest in CatAmmon, a company developing an advanced ammonia cracking catalyst that could reduce costs while cutting the carbon emissions in the hydrogen supply chain.
A substantial supply...
THECLA BODEWES: KEEL LAID FOR NAVIGARE SHIPPING’S FIRST DIESEL-ELECTRIC GADUS VESSEL
Dutch shipbuilder Thecla Bodewes Shipyards has laid the keel for the first diesel-electric multi-purpose dry cargo vessel ordered by Norway-based company Navigare Shipping & Logistics.
According to Thecla Bodewes Shipyards’ social media update, the keel...
LR AWARDS ATLAS ELEKTRONIK UK THE FIRST UMS CERTIFICATE ISSUED TO A NAVAL MINEHUNTER
ATLAS ELEKTRONIK UK’s RNMB Hydra USV is the first mine countermeasures vessel to be awarded LR’s Unmanned Marine Systems (UMS) Certification.
Lloyd’s Register (LR) has awarded Unmanned Marine Systems (UMS) Certification to ATLAS ELEKTRONIK UK...
ALLIANCE LAUNCHED TO PROMOTE SMART CONTAINERS AND ENHANCE TRADE SECURITY
In response to the growing challenges of illicit trade and supply chain security, a new industry alliance is being launched to drive the adoption of cutting-edge smart container technology. Known as the Smart Container...
HYDROGEN FROM H2TERMINALS’ OFFSHORE ENERGY ISLAND TO RUN THROUGH EAST LONDON PIPELINE
London-based technology company H2Terminals has entered into an agreement to supply hydrogen produced at its offshore energy island project in the North Sea to industrial users in London and the Thames Eastuary region.
To confirm...
EU PROJECT PICKS WAVE ENERGY AND OFFSHORE SOLAR AMONG SOLUTIONS FOR GREENER PORTS
The European Union (EU)-backed TREASURE project has selected renewable energy company SolarinBlue, Rotary Wave start-up, as well as wave energy developer Eco Wave Power among the 52 companies to address environmental challenges in Euro-MED...
NORTHSTANDARD, CORE POWER AND LR CALL FOR UK ACTION ON MARITIME NUCLEAR POWER
New paper proposes framework to support UK development of advanced, safe, small nuclear reactors as a reliable and scalable zero-emission maritime power source.
The UK is well positioned to lead the safe development and deployment...