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  • Candela closes record funding round of €24.5m for electric hydrofoil ferry production

    Candela has closed the largest funding round in its history with €24.5m (US$26.6) to expand production of its P-12 ferry. Green boating investment A key partner in the funding round was boat maker Groupe Beneteau. Other backers in the round include longtime investors EQT Ventures, Ocean Zero and Kan Dela. The new investment brings total…


  • Onboard carbon capture adoption is barred by low port readiness, Global Centre for Maritime Decarbonisation reports

    In collaboration with Lloyd’s Register (LR) and Arup, the Global Centre for Maritime Decarbonisation (GCMD) has released a report that has identified low port readiness as a major hurdle bottlenecking the adoption of onboard carbon capture and storage (OCCS) systems as a practicable decarbonization solution. Although the technologies required for offloading onboard captured CO2 exist at…


  • Atlanta FPSO Sets Sail for Brazil

    Mar 20, 2024 Atlanta FPSO (Credit: Screenshot/Video by Enauta) Atlanta FPSO (Credit: Screenshot/Video by Enauta) Atlanta FPSO (Credit: Screenshot/Video by Enauta) Atlanta FPSO (Credit: Screenshot/Video by Enauta) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in…


  • Italy’s Terna announces €16.5bn investment plan guided by twin transition

    Giuseppina Di Foggia presenting the investment plan during Terna’s Capital Markets Day. Image courtesy Terna. Italian TSO Terna has announced investment plans of up to €16.5 billion ($17.9 billion) to accelerate decarbonisation in Italy, the highest in the Group’s history. The Group cites the twin transition concept – that of digital and energy – as…


  • Umiami launches the world’s inaugural large-scale plant-based meat factory in France

    Umiami launched its new factory producing plant-based meat and fish in Alsace (Eastern France) on Monday, 18th March 2024, in an ambitious venture with a total investment of £32.5 million (€38 million), to bolster the company’s production and boosting international growth. The inauguration was attended by distinguished guests, including government officials, regional representatives, and local…


  • Mouser’s Pete Shopp and Lori Hartman Named 2024 Pros to Know Winners for Lifetime Achievement from Supply & Demand Chain Executive

    Mouser Electronics, Inc., the authorised global distributor with the newest semiconductors and electronic components, proudly announces that its Senior Vice Presidents, Pete Shopp and Lori Hartman, are recipients of the 2024 Pros to Know awards for Lifetime Achievement from Supply & Demand Chain Executive, a publication covering the global supply chain. Additionally, Mouser Vice President…


  • Nexans Secures First Call-Off Under TenneT’s Offshore Wind Grid Deal

    Mar 20, 2024 (Credit: Nexans) French subsea power cable maker Nexans and transmission system operator TenneT have signed call-off contract for the BalWin3 and LanWin4 offshore grid connection projects, which will link up North Sea offshore wind farms with German grid. The call-off contract follows the framework agreement TenneT signed with NKT, Nexans, and a…


  • Sick develops precision sensor for micron measurements in packaging, food and beverages

    Developed for ultra-high precision in the micron range, Sick’s compact OD7000 displacement sensor reliably measures tiny distances in consumer goods and packaging applications cost-effectively. Comprising a separate controller and sensor head that are both extremely compact, the OD7000 is purpose-built to fit into the tightest machine spaces. The Sick OD7000 is a 1D laser distance…


  • Groundbreaking hydrating beverage set to make waves in the UK

    Consumers will be be wowed on so many levels by the new super drink – Wow Cacao. It’s super… super tasty, super hydrating, super healthy and super sustainable too. But the best bit? It’s made from the Cacao fruit, where we get the beans for making chocolate. According to the makers, each bottle of Wow…


  • Victoria’s South East Water reaches 100,000 smart meter milestone

    Image: South East Water Victoria, Australia water utility South East Water has reported surpassing its 100,000 smart meter milestone with significant benefits already recorded. The rollout, which aims to replace around 1 million traditional water meters with upgraded digital meters by 2029, has so far enabled alerts to over 14,200 customers on leaks on their…