In 2013, the Port of Tyne saw cargo volumes increase by 25% to 8.1m tonnes, and turnover rose 16% to £73 million compared to 2012. Andrew Moffat, Port of Tyne Chief Executive Officer, said that 2013 had been another record year, and looking back over five years, the Port had achieved substantial gro
Mitsubishi Heavy Industries (MHI) and Siemens AG announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and Siemens. MHI and Siemens will decide on the sub
The Sustainable Energy Authority of Ireland (SEAI) called on businesses to avail of enterprise opportunities in Ireland’s sustainable energy sector with a projected value of €2.5 billion per annum by 2020. This is according to a new report launched by the Authority at an event in Dublin today. The r
The UK Energy Minister Michael Fallon and the Scottish Energy Minister Fergus Ewing have given strong backing to the UK’s fast growing offshore wind industry at a major conference, with announcements designed to encourage the UK supply chain in offshore wind and remove important areas of uncertainty
During his speech at Global Offshore Wind 2014, UK Energy Minister Michael Fallon disclosed that he recently initiated a review of the future of the UK offshore wind supply chain. The review will help find out what more can the industry and government do to support offshore wind development. Ministe
The Crown Estate has published two reports at this year’s Global Offshore Wind conference, painting a picture of an industry maturing and on course to double its capacity by 2020 to 10 GW or more – around 10 per cent of the UK’s electricity demand. ‘Offshore wind operational report 2014‘ highlights
CWind’s successful boat share scheme has to date attracted investment from different groups within the maritime community, with commercial fishermen and superyacht skippers among current partners. Now, a group of three ex-Royal Marines is set to invest, in partnership with CWind, in the next generat
Scotrenewables Tidal Power, the developer of floating tidal turbines based in Orkney (in Scotland), has awarded a key fabrication contract for the superstructure of the SR2000 tidal turbine to Gray Fabrication based in Cupar, Fife. The 2MW turbine, the SR2000, will be the culmination of more than 12
Ocean Power Technologies, Inc. (OPT) has terminated Charles F. Dunleavy as Chief Executive Officer and as an employee of the Company, effective June 9, 2014. Mr.Dunleavy has also been removed from his position as Chairman of the Board of Directors. David L. Keller, who has served as a Non-Executive
Engineering and project management organisation Cofely Fabricom GDF SUEZ, and marine services and logistics company Dalby Offshore, have signed a co-operation agreement to provide a total offshore solution in the offshore wind market. This agreement comes after the completion of a number of successf
DNV GL’s project FORCE (For Reduced Cost of Energy) has identified potential savings of at least 10% of the cost of offshore wind energy, if an integrated approach to four market-ready technologies is adopted. The cost savings identified by the FORCE team could be exploited by industry right now if
Blackbird International Corporation exchanged a Letter of Intent from SDE Ltd for purposes of a merger by which Blackbird would acquire 100% of the shares of the target company. John Pedder, president of Blackbird International Corporation, said: “The LOI is the precursor to a definitive agreement a
More wind farms have been brought in to a competitive system to drive down the costs of offshore wind. The offshore transmission regime means that Ofgem can find the most cost-effective investment in the connecting cables and infrastructure for offshore wind power, saving consumers between £200 and
Supacat has acquired MDS Marine as the latest step in the company’s strategy to expand its marine and renewable energy business. Last year at Seawork International Supacat launched its revolutionary Supacat Multi-purpose Vessel 24 (SMV 24), which has since secured James Fisher Marine Services as lau
