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Authorities & Government

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green corridor
Authorities & Government

Shanghai-California green corridor collaboration remains steadfast despite tariff war 2.0

Governmental and non-governmental stakeholders have highlighted the progress made so far on establishing a green shipping corridor between California and Shanghai. The green corridor plan seems to be unaffected by the escalating United States-China trade war.

about 1 year ago
AMSA
Authorities & Government

Bulk carrier ban leads to thousands of dollars in fines for Australian shipowner

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Universal Shipping Alliance, owner of a Liberian-flagged ship banned from Australian waters, has been fined AUD 63,000 (around $40,200) for failing to comply with a safety directive from the Australian Maritime Safety Authority (AMSA). As explained, in October 2023, the shipping player’s KMAX Leader

about 1 year ago
Stena Immaculate tanker pictured on March 12, 2025; Credit: UK's Maritime and Coastguard Agency
Authorities & Government

Pollution ‘no cause for concern’ after oil tanker-cargo ship North Sea allision, UK says

Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.

about 1 year ago
Vinssen
Authorities & Government

Vinssen clinches green light for South Korea’s ‘first’ hydrogen fuel cell-powered tug

South Korea-based Vinssen, a maritime decarbonization-oriented technology provider, has bagged approval in principle (AiP) from compatriot classification society Korean Register (KR) for the country’s ‘first’ tugboat using a hydrogen fuel cell propulsion system. According to Vinssen, which primarily

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Authorities & Government

$945 million sale deal for ‘high-quality’ assets on shaky ground as uncertainty abounds

Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.

about 1 year ago
Mozambique LNG
Authorities & Government

$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project

Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States

about 1 year ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Authorities & Government

Partners stand firm in opposition to Guyana pulling the plug on offshore license

Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.

about 1 year ago
Australia’s Western Green Energy Hub project to undergo environmental assessment
Authorities & Government

Australia’s Western Green Energy Hub project to undergo environmental assessment

Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment.

about 1 year ago
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