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Maritime
Certification & Classification

Maritime authorities sign ‘landmark’ agreement on digital seafarer certification

The International Chamber of Shipping (ICS), the UK-based Lloyd’s Register OneOcean (LROO) and the Maritime Industry Authority (MARINA) of the Philippines’ Department of Transportation are set to explore the integration of seafarer certification systems to foster “seamless” digital verification. As

about 1 year ago
Core Power
Business Developments & Projects

CORE POWER announces US-anchored maritime civil nuclear program

UK-based maritime nuclear innovation company CORE POWER has launched a U.S.-anchored maritime civil nuclear program, titled Liberty, that aims to bring floating nuclear power to market by the mid-2030s.

about 1 year ago
NYK unveils name of new subsidiary with ENEOS’ fleet
Business & Finance

NYK unveils name of new subsidiary with ENEOS’ fleet

Japanese shipping companies NYK and ENEOS Ocean Corporation have revealed the name of the new company that will soon commence official operations as NYK’s subsidiary.

about 1 year ago
Bałtyk I, II, and II locations in the Baltic Sea
Business & Finance

Van Oord wins seabed protection work on Polish offshore wind farms

The Dutch company Van Oord has signed a contract with Equinor and Polenergia to perform seabed protection work at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The contract covers the supply, transport, and installation of stone ripraps on the seabed to protect the cables and foundations.

about 1 year ago
Digital illustration of fault lines
Business & Finance

Chevron enhancing fault modeling with AI-driven solution

Chevron Technical Center has expanded the strategic cooperation with France-headquartered seismic interpretation solutions firm Eliis to advance subsurface characterization through technology.

about 1 year ago
Map showing location of new discovery; Source: Petrobras
Business & Finance

Petrobras strikes black gold within producing oil field’s pre-salt offshore Brazil

Petrobras has made a new oil discovery in the pre-salt area of its existing field off the coast of Brazil.

about 1 year ago
Construction begins on UK’s $3 billion subsea electricity superhighway
Authorities & Government

Construction begins on UK’s $3 billion subsea electricity superhighway

Construction has commenced on the Eastern Green Link 1 (EGL1) subsea electricity superhighway in the UK, which will transport green electricity for two million homes along over 190 kilometers of predominantly undersea cable linking the south-east of Scotland with the north-east of England. The 2 GW

about 1 year ago
ICS
Market Outlooks

ICS: Global GHG levy is the way forward for shipping’s net-zero aspirations

The shipping industry wants a simple, effective levy-based greenhouse gas (GHG) pricing mechanism to accelerate the uptake of zero-near-zero GHG emission (ZNZ) fuels and enable full-scale maritime decarbonization, according to the International Chamber of Shipping (ICS), one of the world’s principal

about 1 year ago
Europe
Authorities & Government

‘Mixed progress’ leading to uphill battle in EU’s emission reduction ambitions, report warns

Although Europe’s maritime industry has made progress in cutting energy use and reducing certain pollutants, greenhouse gas (GHG) emissions as well as biodiversity conservation remain a ‘gargantuan’ challenge, a new report has stressed. According to the second edition of the European Maritime Transp

about 1 year ago
A small island with three processing plants
Business Developments & Projects

First gas flows from Santos’ infill well offshore Australia

Australian energy player Santos has started production from its infill well offshore Western Australia six weeks ahead of schedule.

about 1 year ago
For illustration purposes only. Source: WindFloat Atlantic © Principle Power / Ocean Winds. Taken from: WavEC
Business Developments & Projects

Seabed survey unlocks insights for floating offshore projects in Portugal

A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (Z

about 1 year ago
biofuels
Environment

Hapag-Lloyd, NABU: No place for ‘unsustainable’ biofuels in shipping’s future fuel mix

German container shipping major Hapag-Lloyd, compatriot environmental association NABU and a number of other companies have jointly called on the International Maritime Organization (IMO) to remove ‘unsustainable’ biofuels from its list of alternative fuels.

about 1 year ago
US subsea robot enters acceptance testing phase
Business & Finance

US autonomous subsea robot enters acceptance testing phase

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Business & Finance

BP boosts gas production from Mediterranean Sea as it fires up next chapter of giant project

BP has brought online the second development phase of a field at the West Nile Delta (WND) concession in the Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
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