Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field development located in the Sakakemang block managed by Repsol.
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) gave the development consent to the Hornsea Project Three offshore wind farm on 31 December 2020. Ørsted submitted the development consent order (DCO) application for the 2.4 GW project to the UK Planning Inspectorate on 1
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is
U.S. Senator Charles Schumer is calling for major investment to transform South Brooklyn Marine Terminal (SBMT) in New York into a wind turbine assembly center. The city-owned South Brooklyn Marine Terminal is one of 11 ports around the state to be pre-qualified to be considered for up to USD 200 m
Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
Two men were charged and appeared in court over the weekend as part of the ongoing investigation into the maritime security incident that took place on board the Nave Andromeda off the coast of the Isle of Wight on October 25. Specifically, seven stowaways reportedly hijacked the vessel in the Engli
Maersk Elbe, a Neopanamax containership that suffered engine failure off Portugal after a fire onboard on 26 December, is now being towed to the Port of Algeciras.
The recently approved amendments to MARPOL Annex VI to introduce requirements to the operational efficiency of ships, the Carbon Intensity Indicators, promise to introduce a completely new compliance regime in the sector. The introduction of carbon intensity targets to existing ships will be calcula
China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.
Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia.
Following the last-minute deal reached between the United Kingdom and the European Union, the European shipping industry has applauded the Brexit deal that would support the current trade fluidity.
The South Korean government has presented a new initiative promoting eco-friendly ship technologies.
Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.
