The European Commission has granted a total of €22 million in co-funding for the Hansalink 3 project between the Finnish Port of Helsinki and the German port of Lübeck-Travemünde.
Germany’s government has decided to support climate-neutral shipping and ports with an additional sum of €400 million.
As the global energy transition journey continues to make inroads, a carbon capture and storage (CCS) project in the G-7-AP greenhouse gas (GHG) assessment block off the northwestern coast of the Northern Territory of Australia has secured the Australian government’s backing with the award of a majo
A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has completed the purchase of a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), this way
India’s Ministry of Ports, Shipping & Waterways (MoPSW) has officially inaugurated the Sagarmala Finance Corporation Limited (SMFCL), the country’s first non-banking financial company (NBFC) in the maritime sector. Initially envisaged to be named Sagarmala Development Company Limited, SMFCL is antic
The European Commission has launched the Hydrogen Mechanism under the European Union (EU) Energy and Raw Materials Platform, aimed at supporting the market development of renewable and low-carbon hydrogen and its derivatives, including ammonia, methanol, and electro-based sustainable aviation fuel (
The Marine Department of the Hong Kong Special Administrative Region (HKSAR) has launched an incentive scheme for bunkering of green marine fuels.
In a new enforcement effort that started on July 1, German authorities have begun stopping tankers passing through the country’s waters to check whether they carry valid insurance for oil spill damage. According to the German Federal Foreign Office, the measure is one of a range of initiatives spear
The project promoters of the Nordic Baltic Hydrogen Corridor (NBHC) have signed a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for the European Union (EU) financial support to the NBHC.
ADES has disclosed a towing incident in Egypt’s Gulf of Suez, involving a jack-up barge unit owned by its subsidiary and operating within a key oil zone in Egyptian territorial waters.
In a long-awaited move, the European Commission has started preparations for an EU Ports Strategy and EU Industrial Maritime Strategy and is inviting stakeholders to participate in the process.
A staged ban on scrubber discharges in coastal waters in the North-East Atlantic area (OSPAR region) has been approved. Believed to be “the first” regional regulation on scrubber discharges, the ban sets a precedent for other areas to follow. As informed, the ban will apply to discharges from open-l
In response to an increasing need for safeguarding critical maritime infrastructure due to ongoing geopolitical uncertainty and an increasingly dynamic risk picture, Norway’s KONGSBERG has opened a maritime test bed for protecting potentially vulnerable infrastructure such as subsea pipelines, power
The International Labor Organization (ILO) has opened submissions from qualified consultants to conduct a diagnostic study of the ship recycling value chain in Pakistan. According to officials from the ILO, the study is to inform national action planning by mapping ‘key’ stakeholders, pinpointing p
