This paper proposes a novel multiport magnetic bus (MMB) based hybrid wind-wave ocean energy generation technology. The wave energy converters (WECs) generate voltages with varying amplitudes and frequencies, which produce significant dc-link voltage ripples at the outputs of the ac/dc rectifiers. A new control technique is proposed to strictly regulate the output voltage and current waveforms of the MMB that integrates multiple WECs. With the proposed MMB-based technology and control technique, the high voltage ripples can be mitigated without the need of utilizing high value capacitors or supercapacitors. For the modeling of the WEC, an Archimedes wave swing-based conversion method is adopted. To extract the maximum power from the waves, a damping controller is designed. The MMB contains multiple active bridges, which are operated as dc-dc converters and provide an isolation between the WEC and the wind energy converters. For the wind energy generation system, a doubly fed induction generator-based technology is considered. Simulation results validate the superior performance of the proposed ocean energy technology in terms of both ripple reduction and stable performance under the uncertain nature of the wave and wind in the ocean.