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Authorities & Government

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Damen
Authorities & Government

Germany funds Reederei Bernd Sibum’s green newbuilds

Germany’s Reederei Bernd Sibum has received funding from the German government to make its ships, which are being built by Dutch shipbuilder Damen, even more sustainable.

about 1 year ago
EU
Authorities & Government

European Commission completes hydrogen framework with new low-carbon methodology

The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen.

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about 1 year ago
Norwegian Ambassador Anniken Huitfeldt and U.S. Secretary of Energy Chris Wright.
Authorities & Government

Norway and US renew hydropower and marine energy research pact

Norway and the U.S. have signed a renewed memorandum of understanding (MoU) covering hydropower and marine energy research, continuing an energy research collaboration that began in 2020. According to the Norwegian Ministry of Energy, the cooperation targets flexible power delivery from hydropower,

about 1 year ago
FPSO Guanabara; Source: MODEC
Authorities & Government

MODEC’s FPSO achieves status as largest oil & gas producer in Brazilian waters

Given its ongoing performance, a floating production, storage, and offloading (FPSO) vessel deployed at the third-largest pre-salt field off the coast of Brazil has received recognition as the unit spearheading the country’s oil and gas production.

about 1 year ago
US OBBBA
Authorities & Government

Trump’s One Big Beautiful Bill sets up provisions to strengthen US shipbuilding

The United States government has unveiled sweeping investment packages as part of the One Big Beautiful Bill Act (OBBBA) aimed at modernizing its shipbuilding industrial base, reducing reliance on foreign-flagged vessels and revitalizing US manufacturing. Among the provisions that President Donald T

about 1 year ago
A rig offshore
Authorities & Government

Australian state rethinking gas market settings to secure supply and boost investments

The Government of Australia’s State of Victoria has opened a review into the legislation governing the gas market to ensure a sufficient and affordable gas supply in the longer term.

about 1 year ago
Final design unveiled for Port of Newcastle’s Clean Energy Precinct project
Authorities & Government

Final design unveiled for Port of Newcastle’s Clean Energy Precinct project

Australia’s Minister for Climate Change and Energy, Chris Bowen, joined by Deputy Speaker of the House of Representatives, Sharon Claydon, and Port of Newcastle’s CEO, Craig Carmody, has unveiled the final design of the Clean Energy Precinct (CEP) project, marking a step toward positioning the site

about 1 year ago
Helsinki
Authorities & Government

Helsinki, Lübeck-Travemünde ports get €22M EU boost

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.

about 1 year ago
Germany
Authorities & Government

Germany to spend €400M more to future-proof shipping, port sectors

Germany’s government has decided to support climate-neutral shipping and ports with an additional sum of €400 million.

about 1 year ago
An offshore rig illuminated by lights at sunset
Authorities & Government

Australia ups decarbonization ante: First offshore CCS undertaking gets major project status

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

about 1 year ago
China's state-owned electric utility completes purchase of stake in Greek TSO's subsidiary
Authorities & Government

Chinese utility company completes purchase of stake in Greek TSO’s subsidiary

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

about 1 year ago
India
Authorities & Government

India establishes dedicated maritime finance corporation to boost innovation

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

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Authorities & Government

EU rolls out hydrogen mechanism to support market uptake

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 (

about 1 year ago
Hong Kong unveils new scheme to boost green marine fuel bunkering
Authorities & Government

Hong Kong unveils new scheme to boost green marine fuel bunkering

The Marine Department of the Hong Kong Special Administrative Region (HKSAR) has launched an incentive scheme for bunkering of green marine fuels.

about 1 year ago