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Authorities & Government

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Calcasieu Pass terminal; Source: Venture Global
Authorities & Government

US LNG player faces lawsuit for ‘misleading’ stock buyers

Several law firms have called for lead plaintiffs to step forward in a class action lawsuit filed against U.S.-based liquefied natural gas (LNG) export project developer Venture Global.

about 1 year ago
India
Authorities & Government

New horizons: India pledges $23.8B support to revamp domestic maritime industry

The Indian government said it has ₹2 trillion (around $23.8 billion) allocated to expand domestic shipbuilding capabilities, breathe new life into the country’s maritime industry and position India among the top five shipbuilding nations by 2047. As informed, this latest effort aligns with the “Mari

about 1 year ago
Proteus Marine Renewables' worker
Authorities & Government

Proteus Marine Renewables joins Ocean Energy Europe board

UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a seat on the Ocean Energy Europe (OEE) Board of Directors, with CEO Drew Blaxland representing the company as a new Lead Partner. According to OEE, PMR has been developing its AR series of bottom-mounted tidal turbines for ov

about 1 year ago
Stena Immaculate tanker; Credit: Maritime and Coastguard Agency
Authorities & Government

Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe

As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.

about 1 year ago
German
Authorities & Government

German shipowners: National interests should not hamper free global trade flows

Increasing protectionist tendencies in global trade policy present challenges for German shipping, according to the German Shipowners’ Association (VDR) which warned that national interests must not come at the expense of free global trade flows.

about 1 year ago
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new managing director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal
Authorities & Government

EMEC appoints new leadership team

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing Director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal energy converters advances its clean energy initiatives. EMEC’s leadership revamp also sees Mark Ham

about 1 year ago
EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million
Authorities & Government

EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million

The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project.

about 1 year ago
China
Authorities & Government

China building 62% of new ships ordered globally in spite of looming US tariffs

China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook.

about 1 year ago
An offshore platform and a vessel at sunset
Authorities & Government

State player buying all gas from Conrad’s field off Indonesia to meet rising domestic need

Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive for all the gas from a field situated in the West Natuna Sea, Indonesia, operated by natural gas-focused Conrad Asia Energy to be made available for the domestic market.

about 1 year ago
Cargo vessel crashed into MV Stena Immaculate oil tanker off the coast of the UK; Source: Greenpeace UK
Authorities & Government

With fire ‘greatly diminished,’ probe into oil tanker–cargo ship North Sea allision ongoing

A collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, north of England, put both vessels on fire, which has since been brought under control.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Authorities & Government

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

about 1 year ago
Despite Turkish interference: Greece still committed to subsea power link to Cyprus
Authorities & Government

Despite Turkish interference: Greece stays committed to subsea power link to Cyprus

Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to

about 1 year ago
Delfin LNG; Source: Delfin Midstream
Authorities & Government

‘Energy addition’ strategy in action: US hands out extension to another LNG export project

The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.

about 1 year ago
Brazil
Authorities & Government

Brazil and Norway unveil green shipping corridor plan

Brazil and Norway have decided to establish a green shipping corridor between the two countries in an effort to contribute to zero-carbon emissions in maritime transport.

about 1 year ago
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