New Venture News

(Image: The SeaCleaners)

French Cleanup Yacht Designed to Feed on Ocean Plastic

;s oceans, and converts the same waste into fuel to help power the boat.Yvan Bourgnon has spent his career racing sailing vessels around the globe as a competitive yachtsmen. Over the years, he said, his encounters with floating carpets of trash became more and more frequent.That inspired his new venture: the Manta, a 56-metre (183 foot) long catamaran propelled by a combination of high-tech sails and electric motors.Right now, it exists only on the drawing board, but Bourgnon and his team hope to turn into a working prototype that can be launched in 2024.As the boat moves through the water, conveyor

Unique Group Enters into West Africa JV

will be active from the Port Harcourt office.The new operations will be managed by Mark Severn, who will head up Business Development. Mark brings 26 years’ experience in the oil & gas industry, working on numerous offshore marine construction projects.Mark Severn commented, “This new venture represents an excellent fit for both Unique Group and Charkin Maritime & Offshore Safety Ltd. It positions us well for further expansion in the African region and the permanent base in Nigeria will facilitate a better relationship and offering for our local clients.“Unique Group holds

Richard Beattie and Roger Wang (Photo: JFSE)

James Fisher Subsea Excavation Launches China JV

in the region for eight years and its suite of tools has already completed numerous projects for Chinese clients including pipeline and cable trenching, deburial and freespan correction works.    Richard Beattie, regional director Asia Pacific at JFSE, said, “Establishing this new venture shows our level of commitment to clients in China and significantly enhances the services we can provide.    “We are confident our M/CFE tools and expertise will play a vital role in increasing the time and cost-efficiencies on a wide range of projects emerging in the oil and

(Photo: ASV Global)

ASV Expands into South America

.   “There are lots of opportunities in Brazil and South America for autonomous systems to offer cost savings and operational efficiencies in applications such as bathymetric survey, security, oil and gas and marine science,” said Dan Hook, Managing Director of ASV.   The new venture is being led by COPPE postgraduate and experienced naval architect Rafael Coelho, who spent five years at ASV’s U.K. headquarters as head of design. Under Coelho’s leadership the ASV design team delivered more than 80 ASVs for a variety of roles in commercial, defense and security

Dr. Gordon Drummond (Photo: NSRI)

NSRI to Help Companies Get Technology off the Ground

, and Simmons & Co will also take to the stage to provide an insight into the range of patent box schemes, R&D tax relief and collaborative industry agreements aimed at supporting the developer community get their technology off the ground. They will also offer advice on how to finance a new venture and secure investor support.    Dr. Gordon Drummond, project director of NSRI, said, “The aim of the event is to inform the developer community of the support available to them as they progress their businesses. Important updates on legislative changes will be described, specifically

Golar, Schlumberger Enter LNG Joint Venture

will on a project-by-project basis discuss additional debt capital as required. This future financing will take into account Golar's FLNG intellectual property through an equitable contribution mechanism to be agreed between the parties.   Golar Vice Chairman, Tor Olav Troim said, "Our new venture with Schlumberger provides a powerful union of their oilfield services technology and production management business, and our low cost FLNG solution. It leverages Golar's LNG expertise, and builds upon our industry leading position as a midstream solutions provider."   Schlumberger

NYK Aims at Developing New Shipping and Logistics Solution

a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields. NYK, along with its subsidiaries, the Monohakobi Technology Institute and NYK Business Systems, has teamed up with Weathernews and Kozo Keikaku Engineering for the new venture to further the development of the Symphony Project.   "Symphony Project" will aim to create new value in the auto logistics supply chain and offer next-generation solutions for its customers under the slogan "Bringing value to customers by providing value-added services and

Ushering in the Age of the Autonomous Workboat

, founding two companies and serving in various roles – offshore, heavy lift ocean transport and marine salvage – since graduating from Texas A&M University with a BA in Marine Engineering. Most recently he was a VP of Business at Titan Salvage and a VP of Projects at Crowley. His new venture is Sea Machines, a company created to design and provide unmanned work boats and autonomous control systems for the commercial marine and offshore markets. “The idea was conceived like a puzzle over the last five years, piece by piece as I managed and executed various marine projects,&rdquo

L-R  Tim Sydenham, Business Partner for Research and Innovation at Plymouth University; Deputy Vice-Chancellor Professor David Coslett; Professor Simon Handley, Head of the School of Psychology; and IMarEST’s Chief Operating Officer Paul James.

IMarEST Acquires HA

IMarEST has  announced its acquisition of Plymouth University’s Hydrographic Academy (HA). Launching on November 1, the new venture – Marine Learning Alliance Ltd. – will see IMarEST experts and HA academics develop a new suite of e-learning courses to run alongside existing Hydrographic Academy programs. IMarEST will build on the HA’s existing innovative methods to provide blended distance and mobile e-learning, allowing students to learn from distance and earn academic and professional qualifications. The move will boost IMarEST’s expanding program of

The February 2024 edition of Marine Technology Reporter is focused on Oceanographic topics and technologies.
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