A proposal, which aims to legally recognize wind-assisted propulsion solutions (WAPS) as a means to decarbonize shipping, has been submitted to the National Assembly of France. As disclosed, the bill has been signed by 50 members of the National Assembly and backed by dozens of maritime industry sta
EstLink 2, the electricity transmission link between Finland and Estonia that was damaged at the end of 2024, is set to return to commercial use on June 25, earlier than planned. Finnish transmission system operator (TSO) Fingrid reported to the authorities on December 25, 2024, the failure of Estli
NKT, using its vessel NKT Victoria, is scheduled to start installing the export cable for the 1.4 GW East Anglia Three offshore wind farm in the UK this month. The vessel is expected to mobilize from the port of Karlskrona in Sweden on June 14 and work on the East Anglia Three site 24/7, conducting
Singapore’s Rex International has shared updates on the short-term plans of its affiliates for assets offshore Benin and Norway.
Maritime safety incidents rose by 42% between 2018 and 2024, driven mainly by risks linked to an ageing fleet and machine damage/failure, according to the report, ‘Maritime Safety Trends 2014-2024 – Preparing for future risks,’ by classification society DNV.
UK-based wind propulsion provider BAR Technologies and Norway-based marine engineering company Brevik Engineering have unveiled a joint concept for a liquid carbon dioxide (LCO₂) carrier equipped with wind-assisted propulsion system (WAPS).
SBM Offshore has struck a deal with GEPetrol to say goodbye to a floating production, storage, and offloading (FPSO) unit, which will enable it to take its leave from Equatorial Guinea.
Marine energy infrastructure developer Höegh Evi and oil major Aker BP have received an approval in principle (AiP) from classification society DNV for their liquefied CO2 (LCO2) carrier design in what was described as “a significant step” in enabling the carbon capture and storage (CCS) value chain
Shipping association BIMCO has formed a new subcommittee to develop a Biofuel Clause for Time Charter Parties in a bid to address the legal and operational challenges stemming from the growing use of biofuels in shipping.
The UK-based shipping player Union Maritime (UML) is all but ready to receive its future-proof long-range 2 (LR2) tanker, the first in a batch of fourteen, equipped with a wind-assisted propulsion solution (WAPS) developed by compatriot design and engineering firm BAR Technologies. As disclosed, the
Equinor has inked a multi-year gas sales agreement with Britain’s Centrica, which is expected to strengthen energy security in the United Kingdom (UK).
Spanish automated wind-assisted propulsion system specialist bound4blue has secured validation from Norway’s classification society DNV for its wind propulsion performance methodology. As disclosed, bound4blue received DNV’s approval on June 5 for its ‘wind propulsion system force matrix’ calculatio
Petrobras has taken steps to secure offshore assets in Côte d’Ivoire, also known as Ivory Coast, by handing over a declaration of interest for exploration blocks in this country, which is located on the west coast of Africa.
The Marine Energy Council (MEC) has appointed a new board for the 2025/26 term, bringing together developers, site operators, and industry experts from across the UK’s marine energy sector. The 2025/26 MEC Board includes Chair Sue Bartlett-Reed; Eileen Linklater, Corporate Affairs Director at EMEC;
