Daily Archives: 7, May 2025

SGS Expands Certification Services to Support New E-Micromobility Safety Regulations in New South Wales

(IN BRIEF) SGS is expanding its testing and certification services to comply with new regulations in New South Wales, Australia, aimed at improving the safety of e-micromobility devices and batteries. This expansion allows SGS to issue certifications for e-bikes, e-scooters, … Read the full press release

Ørsted Halts Hornsea 4 Offshore Wind Project in the UK Due to Rising Costs and Increased Risks

(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release

Saab Strengthens Sweden’s Naval Defense with SEK 1.3 Billion Order for Advanced Lightweight Torpedoes

(IN BRIEF) Saab has received a SEK 1.3 billion order from the Swedish Defence Materiel Administration (FMV) to supply Saab Lightweight Torpedoes (SLWT) and torpedo tubes. The deliveries are set to begin in 2026. This order, the second from Sweden … Read the full press release

Euronext introduces new initiatives to strengthen Europe’s strategic autonomy in energy, security and defense sectors

(IN BRIEF) Euronext has introduced a series of initiatives focused on enhancing Europe’s strategic autonomy in energy, defense, and technology. These initiatives include the launch of thematic indices targeting energy security, aerospace, defense, and strategic autonomy. Additionally, Euronext is updating … Read the full press release

DNV Launches Advanced Solar Resource Measurement Stations to Boost Italy’s Renewable Energy Efforts

(IN BRIEF) DNV has launched a network of advanced solar resource measurement stations across Italy to support the country’s renewable energy goals. These stations measure solar irradiance, albedo, and soiling data to optimize energy output, particularly for bifacial solar modules, … Read the full press release

DNV and Havtil’s collaboration on AI-driven safety improvements targets dropped object incidents in offshore industry

(IN BRIEF) DNV and the Norwegian Ocean Industry Authority (Havtil) have launched a collaborative project to enhance offshore safety using artificial intelligence (AI). Their report, focusing on reducing risks related to dropped objects, demonstrates how AI can extract valuable insights … Read the full press release

DNV and Ørsted Achieve Milestone in Carbon Capture and Storage Project Bifrost with Feasibility Study Approval for CO2 Transportation via Repurposed Pipeline

(IN BRIEF) DNV and Ørsted have achieved a major milestone in the development of Project Bifrost, a CCS project aimed at CO₂ underground storage in the Danish North Sea. DNV has granted a Statement of Feasibility (SoF) for repurposing Ørsted’s … Read the full press release

GTT strengthens position as global leader in vessel performance management with Danelec acquisition

(IN BRIEF) GTT has signed an agreement with Verdane to acquire Danelec, a leading maritime data solutions provider, for €194 million. This acquisition positions GTT as the global leader in vessel performance management and enhances its presence in the Voyage … Read the full press release

BayWa AG successfully completes sale of stake in RWA Raiffeisen Ware Austria, reducing liabilities by over €500 million

(IN BRIEF) BayWa AG has completed the sale of its 47.53% stake in RWA Raiffeisen Ware Austria AG (RWA AG), a move that reduces its bank liabilities by over €500 million. The transaction, worth €176 million, followed the necessary regulatory … Read the full press release

University of Exeter Study Highlights Fiduciary Governance as Key to Safe Public Oversight of Quantum Computing

(IN BRIEF) A study by Dr. Robert Herian from the University of Exeter Law School explores how fiduciary law could be applied to govern the emerging field of quantum computing. The study suggests that fiduciary governance, which ensures transparency and … Read the full press release

Anglo American Addresses Recent Incident at Moranbah North Mine Amid Peabody Acquisition Agreement

(IN BRIEF) Anglo American acknowledges Peabody Energy’s statement regarding the acquisition of its Australian steelmaking coal mines, confirming that a contained ignition incident occurred at Moranbah North mine in March 2025. The company has ensured the safe evacuation of personnel … Read the full press release