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Technology

Corvus Opens New Facility in Norway

Norwegian-Canadian marine propulsion energy storage solutions provider Corvus Energy has opened its a new battery manufacturing facility in Bergen, Norway. The automated factory is equipped with a digitized production…

Technology

Wartsila Q2 Profits Dip on Weaker Demand

Finland's Wartsila Oyj missed second-quarter forecasts on Thursday and warned it expects demand to weaken for both its marine and energy businesses in the coming 12 months, sending shares in the engineering firm 8…

Technology

Shipping Giants May Miss Climate Targets

A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships. CDP, an international non-profit that drives companies and…