Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields.

The Albany Port District Commission (APDC) is currently conducting a cost and feasibility assessment for the purpose of transitioning the current fleet equipment to zero-emission equipment as part of the EPA Clean Ports Initiative. A Request For Information (RFI) was released on March 20, 2024 to gather product and pricing information on zero- emission heavy equipment.

Ocean Infinity, a world leader in robotic and uncrewed vessel technology, is pleased to announce the signing of a Global Framework Agreement (GFA) with Shell, marking a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services, within the offshore energy sector.

Wärtsilä has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 meters-long marine installation vessel (MIV), the ‘Green Jade’. The order was booked by Wärtsilä in Q1 2024.

Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (Advent), has signed a Joint Development Agreement (JDA) with Siemens Energy, one of the world’s leading energy technology companies.

Damen Shipyards Group and leading shipping group CMA CGM are beginning a cooperation that will ultimately result in around 10 of the latter’s vessels receiving significant modifications. These will deliver fuel efficiencies of more than 10 percent. The upgrades will take place at Damen Shiprepair Dunkerque (DSDu) and Damen Shiprepair Amsterdam (DSAm), which between them have some of Europe’s largest dry docks and many years’ experience in complex refits and retrofits.

Oasis Marine, a small company in North-East Scotland, is leading the way in the decarbonization of vessels with pioneering technology.

MAN Energy Solutions and Svitzer have signed a Memorandum of Understanding (MoU) focused on the development of a methanol-fueled version of the MAN 175D engine. Designated 175DF-M (Dual Fuel-Methanol), the MoU targets the finalization of a field-test agreement based on which a dual-fuel engine and plant equipment will be installed on board one of Svitzer’s newbuild tugs.

TMC Compressors (TMC) has been awarded a contract to supply a large capacity marine compressed air system to MODEC’s FPSO Errea Wittu.

The multinational inspection, certification, ship classification and engineering consultancy, RINA, has awarded Kindon New Energy Technology (Jiangsu) Co., Ltd. the Approval in Principle (AiP) for its innovative green methanol offshore production platform solution. Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.

Vuyk Engineering, a leader in one-off vessel and equipment designs and operational engineering, has announced its decision to adopt SSI's ShipConstructor software across its operations.

In 2021, leading Uncrewed Surface Vessel (USV) designer and builder, SEA-KIT International, was awarded the first ever Unmanned Marine Systems (UMS) certificate by Lloyd’s Register (LR), representing a key milestone for the maritime industry.

The current CEO, Alberto Maestrini will remain in his position as Chairman of the Board. He will continue to lead the Offshore and Special Vessels business in Fincantieri which VARD is part of and through this continue to support Vard’s integration in the Fincantieri Group.

Kraken Technology Group, a maritime technology leader specializing in the disruptive design and manufacturing of high-performance platforms, and Auterion, the company building the software-defined future for mobile robotics and powering the world’s leading drone manufacturers, have announced a strategic partnership to exponentially develop autonomous capabilities in the high-performance littoral security boat sector.

Avikus, HD Hyundai's autonomous navigation in-house startup, announced today its autonomous navigation is proven to reduce fuel use by as much as 15% and expected to reduce carbon emissions by 10%. This is the first time these fuel savings have been verified.

Eni, a global energy company, Fincantieri, one of the world’s largest shipbuilding groups, and the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have signed an agreement to develop joint initiatives for the energy transition. The partnership formalizes the commitment to develop joint projects, in line with the partners' strategies, to decarbonize the maritime sector in the medium to long term with the goal of Net Zero by 2050. Additionally, the establishment of a permanent global observatory regarding future technological, regulatory, and market developments will be evaluated.