Canadian wave energy project gets over $700K funding boost

University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia. Brad Buckham from PRIMED showcasing a similar type of buoy-based wave data collection platform that will be deployed in the …

Canadian wave energy project gets over $700K funding boost Read More »

Spain-France subsea interconnector to be developed in spite of ‘sharp’ rise in prices

The Spanish regulatory authority the Comisión Nacional de los Mercados y la Competencia (CNMC) and the French counterpart the Commission de régulation de l’énergie (CRE) have reached an agreement on the distribution of financing for the electricity interconnector that will link France and Spain taking into account the increase in costs. CNMC Currently, the Bay …

Spain-France subsea interconnector to be developed in spite of ‘sharp’ rise in prices Read More »

2022 Cargo Review: Demolition

Introduction Tankers dominated the demolition market this year, accounting for approximately 43% of all cargo vessels scrapped. In comparison, the number of Bulkers scrapped was low, with 48 vessels accounting for 38% of the scrapped fleet, LPG vessels scrapped totalled 11% while the number of Container vessels sold for demolition accounted for only 7%, and …

2022 Cargo Review: Demolition Read More »

Navigating the Ocean Shipping Reform Act, Part Two: New Rules and Big Changes

After the June 2022 enactment of the Ocean Shipping Reform Act (OSRA), the Federal Maritime Commission (FMC) issued a notice of proposed rulemaking (NPRM) in October 2022, relating to demurrage and detention billing requirements. The FMC proposed several actions in the NPRM, including adopting a list of minimum information that common carriers must include in …

Navigating the Ocean Shipping Reform Act, Part Two: New Rules and Big Changes Read More »

Ocean Oasis raises capital to advance wave energy driven-desalination tech

Norwegian company Ocean Oasis has secured funding from the existing and new investors that will be used to further develop its wave energy-driven desalination technology. Kristine Bangstad Fredriksen, Ocean Oasis co-founder and CEO (Courtesy of Ocean Oasis) Kristine Bangstad Fredriksen, Ocean Oasis co-founder and CEO (Courtesy of Ocean Oasis) The new funding round is led …

Ocean Oasis raises capital to advance wave energy driven-desalination tech Read More »

Saipem and CTCI commission Nong Fab LNG terminal in Thailand

Oilfield services provider Saipem and engineering, procurement, and construction (EPC) services provider CTCI have commissioned and started up Nong Fab LNG receiving terminal in Thailand. Courtesy of Saipem (LinkedIn) According to Saipem, the terminal, with a capacity of 7.5 million metric tonnes per annum, will receive LNG from carriers where it will be stored in …

Saipem and CTCI commission Nong Fab LNG terminal in Thailand Read More »

Revolución verde: embarcaciones carbono neutrales alcanzan el 40% del libro de órdenes

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

Revolución verde: embarcaciones carbono neutrales alcanzan el 40% del libro de órdenes Read More »

Navieras luchan contra caída de exportaciones, descenso de fletes y suspenso ante una …

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

Navieras luchan contra caída de exportaciones, descenso de fletes y suspenso ante una … Read More »

Scroll to Top