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Norway Awards Funding for Two Pioneering Hydrogen-Fueled Bulkers

Norway Awards Funding for Two Pioneering Hydrogen-Fueled Bulkers

Norway is continuing its efforts to support the development of a pioneering generation of hydrogen-fueled ships. The government-owned group Enova is awarding $13.8 million to a new project to develop...

Scalable Off-Grid Project From BMT

Scalable Off-Grid Project From BMT

[By: BMT] (PRESS RELEASE DISTRIBUTION: MONDAY 7 NOVEMBER 2022): Article highlights: BMT Canada Ltd (BMT) reached a major milestone with full-scale testing of its Smart Microgrid technology...

France Launches €300M Plan for Decarbonization Joined by CMA CGM

France Launches €300M Plan for Decarbonization Joined by CMA CGM

France in an effort to accelerate the decarbonization of the shipping industry and set an example for other nations announced the government’s France-Mer 2030 plan. France’s secretary of state for mar...

A Heritage of Distinction

A Heritage of Distinction

“When I made my decision to start Laborde Marine,” says Founder & Managing Member Peter Laborde, “I knew I didn’t want a public company. I wanted a niche, streamlined company that could better respond...

Cypriot Pelagic Partners are Latest Investors to Enter Offshore Wind

Cypriot Pelagic Partners are Latest Investors to Enter Offshore Wind

An alternative investment fund based in Cyprus is the latest to make a play for a segment of the emerging offshore wind services industry. Pelagic Partners, which is one of Cyprus’ emerging managers i...

MOL Reports Hard Sail is Performing as Expected on MV of Coal Carrier 

MOL Reports Hard Sail is Performing as Expected on MV of Coal Carrier 

Japan’s Mitsui O.S.K. Lines is providing its first update and information on the performance of the first hard sail fitted on a large bulker. The vessel completed its first trip from Japan and Austral...

Siemens Energy to Buy Out Loss-Making Turbine Builder Siemens Gamesa

Siemens Energy to Buy Out Loss-Making Turbine Builder Siemens Gamesa

Spanish regulators have given German conglomerate Siemens Energy the green light to buy up all outstanding shares of Siemens Gamesa Renewable Energy (SGRE), its majority-owned wind turbine manufacturi...

Kommer Damen Receives Lifetime Achievement Award

Kommer Damen Receives Lifetime Achievement Award

Kommer Damen, who built Damen Shipyards into a household name in shipping, received a Lifetime Achievement Award at the Dutch Maritime Awards Gala in Rotterdam Monday night. It adds to a growing and h...

Havfram Receives $250M U.S. Investment to Develop WTIV Fleet

Havfram Receives $250M U.S. Investment to Develop WTIV Fleet

With global plans for offshore wind energy development accelerating, investors continue to look for new opportunities to participate in the market. In the latest development, a U.S. private investment...

Florida's Atlantic Coast Ports Get Ready for Storm Nicole

Florida's Atlantic Coast Ports Get Ready for Storm Nicole

The U.S. Coast Guard is preparing ports along the Atlantic coast of Florida for the arrival of Subtropical Storm Nicole, which is expected to strengthen into a hurricane by mid-week.  The trackline...