Cargill revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring the potential for the wind assisted propulsion technology in moving the shipping industry toward renewable energy use. The MC Shipping Kamsarmax vessel retrofitted with two WindWings®—large solid wind sails developed by BAR Technologies—has achieved performance consistent with what was predicted which is equivalent to an average of 3 tons of fuel per day.
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VIKING Life-Saving Equipment A/S delivered outstanding results across its product areas and markets in 2023. In terms of revenue and, in particular, earnings, the company has met the goals set out in its BP25 business plan much earlier than expected. Work on the next business plan, BP28, with new strategic objectives, is well advanced, and is due to be approved later this year.
OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, has appointed Caroline Merson as its new Chief Marketing & Communications Officer.
Mitsui O.S.K. Lines, Ltd. (MOL) announced that its wholly owned subsidiary, SeaLoading Holding AS, which owns and operates cargo transfer vessels (CTVs), has signed a charter contract for the CTV SeaLoader 2 with Petroleo Brasileiro S.A. (Petrobras), a Brazilian state-owned oil company. The two companies have also decided to enter into negotiations for a new CTV shipbuilding contract by the end of 2024.
RockWave, a leading provider of seismic processing and imaging services for multiple energy sectors, proudly announces that it has been awarded a significant contract from Equinor and Polenergia at their offshore wind development area, the 'Bałtyk 1 Wind Farm'. This award underscores RockWave's commitment to delivering top-tier seismic processing solutions to the renewable energy sector.
Specialist renewable energy consultancy Pier has been appointed by the Stromar Floating Offshore Wind project to deliver a program of communications and community engagement activities in the northeast of Scotland.
Cellula Robotics Ltd., a global leader in fuel cell powered autonomous underwater vehicle (AUV) systems, proudly announces the elevation of Neil Manning from Corporate Development Officer to Chief Executive Officer (CEO). This strategic transition reflects Manning's exceptional leadership qualities and the company's confidence in his ability to drive forward its mission and vision.