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Strategic Collaboration to Drive Innovation in Maritime Industry

Elliott Bay Design Group (EBDG), a leading provider of naval architecture and marine engineering services, have announced the signing of a Memorandum of Understanding (MoU) with ioCurrents (IOC), a cutting-edge data analytics company specializing in maritime fleet optimization.

Strategic Collaboration to Drive Innovation in Maritime Industry

Ocean Power Technologies Announces Renewable Energy Production Milestone

Ocean Power Technologies, Inc. (OPT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, announced it is approaching 15 MWh of renewable energy production from its family of PowerBuoys® (PB). The recent launch of its Next Generation PB off the coast of New Jersey has materially accelerated average energy production by combining solar, wind, and wave energy production capabilities.

Ocean Power Technologies Announces Renewable Energy Production Milestone

Amogy Presented with New Technology Qualification Letter by ABS

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, has been issued a New Technology Qualification (NTQ) letter for concept design verification by the American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore assets.

Amogy Presented with New Technology Qualification Letter by ABS

Seatrium and ABS Sign Multi-Year Technology Collaboration Agreement

Seatrium, a global provider of engineering solutions to the offshore, marine, and energy industries, has announced a three-year Technology Collaboration Agreement (TCA) with ABS (American Bureau of Shipping) at the Offshore Technology Conference (OTC) 2024 in Houston, Texas. This agreement builds on the successful history of collaboration between the two organizations and aims to accelerate decarbonization and energy transition in the maritime and offshore sectors.

Seatrium and ABS Sign Multi-Year Technology Collaboration Agreement

Island Offshore and VARD Sign Contract for Hybrid Ocean Energy Construction Vessel

April 2024 marked 20 years since the shipping company Island Offshore was established. Now, Island Offshore is again making a bold move by ordering a large Ocean Energy Construction Vessel from VARD with options for two more, designed and equipped to continue the transition from oil and gas-related activities to more work in new energy markets related to the sea. This is based on a new and improved design, modern low-emission technology, and efficient maritime operations.

Island Offshore and VARD Sign Contract for Hybrid Ocean Energy Construction Vessel

New Vessel Financing Facility Announced

In a landmark partnership, Damen Financial Services (DFS) and Siemens Financial Services (SFS) have joined forces to establish a new facility for vessel financing solutions: Damen Ship Lease (DSL). The DSL facility is now one of the funds of Damen Ship Lease Cooperation which is managed by DFS. It is designed to provide current and prospective ship owners with the ability to expand their fleets by enabling them to acquire state-of-the-art vessels using flexible financing options.

New Vessel Financing Facility Announced

New Offshore Rules to be Set for Publication in July

DNV announced at OTC Houston that its new rules and standards for the offshore industry will be published in July after receiving industry feedback. The new DNV rules cover several segments, including underwater systems and installations, offshore units, diving systems, structural design, and drilling systems. The DNV rules and standards undergo an extensive external hearing process before their publication and entry into force.

New Offshore Rules to be Set for Publication in July

TGS Secures Ocean Bottom Node Data Acquisition Contract in North America

TGS, a leading global provider of energy data and intelligence, has announced the award of an Ocean Bottom Node (OBN) data acquisition contract in North America. This six-month-plus contract, granted by a returning client, reinforces TGS' position in the market and underscores its commitment to delivering high-quality seismic data solutions.

TGS Secures Ocean Bottom Node Data Acquisition Contract in North America

Pelagus 3D Attains ISO Certifications

In a significant stride towards quality excellence and conformity, Pelagus 3D has achieved International Standard requirements ISO 9001:2015, ISO 14001:2015, and ISO 45001: 2018 certifications across its global operations.

Pelagus 3D Attains ISO Certifications

Matthew Peck Joins Teledyne Interconnect Solutions as Outside Sales Manager

Teledyne Interconnect Solutions, a part of Teledyne Marine, is pleased to announce that Matthew Peck has joined the organization as its new Outside Sales Manager. Based primarily in Houston, TX, Matthew will be leading the Interconnect sales team in serving customers in a wide range of industrial and marine markets.

Matthew Peck Joins Teledyne Interconnect Solutions as Outside Sales Manager

Optimarin Acquires Hyde Marine to Strengthen BWTS Market Position

Optimarin is expanding its position in the market for ballast water treatment systems with a deal to acquire peer player Hyde Marine from De Nora Marine Technologies that will significantly boost its installed base of BWTSs and give Hyde customers access to its global aftersales network.

Optimarin Acquires Hyde Marine to Strengthen BWTS Market Position
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