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Authorities & Government

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ClassNK
Authorities & Government

ClassNK: 80 million gt of zero-emission ships needed annually by 2040 to meet IMO targets

The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, acco

about 2 years ago
Australia launches $2 billion Hydrogen Headstart program
Authorities & Government

Australia launches $2 billion Hydrogen Headstart program

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The Australian Renewable Agency (ARENA), on behalf of the Australian government, has opened applications for the $2 billion program that aims to catalyze the country’s hydrogen industry. Following consultation with a broad range of key stakeholders, which involved 114 written submissions and three p

about 2 years ago
DFDS
Authorities & Government

DFDS to deploy battery-powered fleet on the English Channel by 2030

Danish ferry and logistics company DFDS is planning to deploy a fleet of battery-powered vessels in the Eastern Channel by 2030. The decision was revealed on the heels of a recent meeting between the French Minister for Foreign Trade, Attractiveness and French Nationals Abroad, Olivier Becht and CEO

about 2 years ago
Romania approves Maritime Spatial Plan
Authorities & Government

Romania approves Maritime Spatial Plan

Romanian ministries have prepared a draft emergency ordinance with which the Maritime Spatial Plan (MSP), a strategic planning document identifying the spatial and temporal distribution of current and future activities and uses within Romanian waters, is approved. Romania’s Ministry of Environment a

about 2 years ago
BIMCO
Authorities & Government

BIMCO: New CII clause for voyage charter adopted

BIMCO, the world’s largest international shipping association, has adopted a new CII clause for voyage charter parties to support the industry’s decarbonization path.

about 2 years ago
Seismic signals indicating possible explosion recorded near Balticconnector gas pipeline
Authorities & Government

Seismic signals indicating possible explosion recorded near Balticconnector gas pipeline

Seismic signals have been recorded in the vicinity of the Balticconnector gas pipeline between Finland and Estonia, indicating a possible explosion had occurred around the time an unusual drop in pressure was observed. To remind, Balticconnector was shut down at midnight on October 8 after Finnish a

about 2 years ago
Illustration; Source: QatarEnergy
Authorities & Government

In focus: The hard truths and wake-up calls in the global energy transition

As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as

about 2 years ago
US awards $7 billion for seven clean hydrogen hubs
Authorities & Government

US awards $7 billion for seven clean hydrogen hubs

U.S. President Biden and Energy Secretary Jennifer Granholm have announced seven regional clean hydrogen hubs that were selected to receive $7 billion in ‘Bipartisan Infrastructure Law’ funding to accelerate the domestic market for low-cost, clean hydrogen. The seven selected regional clean hydrogen

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Authorities & Government

Equinor gets clearance to dispatch Odfjell rig for drilling ops in North Sea

Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.

about 2 years ago
Illustration; Source: API
Authorities & Government

Are Gulf of Mexico vessel restrictions a boon for whales but a curse for America’s offshore oil & gas industry?

New report warns that restrictions on oil & gas vessels in the Gulf of Mexico will undermine U.S. energy security and hamper economic growth.

15 minutes read
Rendering of the floating liquefied natural gas solution which received AiP; Source: Bumi Armada
Authorities & Government

Bumi Armada unveils new FLNG concept in response to rising gas demand

Bumi Armada has received the American Bureau of Shipping’s approval in principle (AIP) for a new FLNG infrastructure solution.

about 2 years ago
EU backs Dutch hydrogen innovator Battolyser Systems with €40 million
Authorities & Government

EU backs Dutch hydrogen innovator Battolyser Systems with €40 million

Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production o

about 2 years ago
Damen
Authorities & Government

Damen gets class and flag state approval for methanol-fueled workboats

Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r

about 2 years ago
Offshore Energies UK (OEUK)
Authorities & Government

As UK’s offshore oil & gas industry slashes emissions, low-carbon era inches closer

OEUK has revealed in a new report that Britain’s offshore oil and gas industry has curbed its emissions footprint by 24% compared to 2018.

about 2 years ago