The European Commission has seen progress in the safety of offshore oil and gas operations following the implementation of the safety directive.
Oil and gas major Shell has partnered with marine robotics firm Ocean Infinity to combine expertise and assets to execute multiclient seep hunting projects. The companies believe that combination of Shell’s specialist seep hunting expertise and Ocean Infinity’s ‘Armada’ fleet of robotic ships, will
The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments
Classification and technical advisory body ABS has recently published the ‘Guide for Subsea Mining’. The guide details Class requirements for the design, construction, installation as well as survey of mobile offshore mining units. It comes as global interest in resources on the sea floor grows to s
Norwegian shipowner Grieg Star has set up a separate company, named Grieg Edge, to drive innovations within sustainable maritime services.
Japanese engineering major Mitsubishi Heavy Industries (MHI) is set to issue a $239 million (JPY 25 billion) green bond on November 24 as it aims to raise funds to support the decarbonization challenge. MHI revealed its green bond issuance plans at the end of October saying the funds raised would ta
Eighteen offshore wind companies, transmission system operators and environmental NGOs have launched a new coalition dedicated to ensuring that Europe delivers its planned expansion of offshore wind energy while preserving nature and marine ecosystems. The aim of the Offshore Energy and Nature Coali
The Gothenburg Port Authority wants to cut carbon emissions at the port by promoting the use of greener construction equipment and methods in future construction projects. The port announced plans to include new procurement stipulations for selected contracts in order to cut carbon emissions at the
Energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform, a website that provides information about and promotes the use of alternative fuels.
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way. These include two European yards and two more yards in Turkey. “With the addition of these new yards, ship owners of EU
During 2020, Norway-based marine technology company Kongsberg Maritime won contracts for twelve of its shuttle tanker concepts, with a value totalling over NOK 400 million ($43.7 million).
The methanol-operated fuel cell system set to be installed on a cruise ship operated by AIDA Cruises, a Carnival Corporation brand, has reached a new milestone having secured an Approval in Principle (AiP) from DNV GL. As a result, AIDA Cruises will be the world’s first cruise company to test the us
Trillions of dollars could be misallocated if member states of the International Maritime Organization (IMO) fail to back an industry proposal for a global $5 billion research and development fund in order to de-risk the massive investment needed to decarbonize shipping. The call was made by the Int
South Korean fuel cell developer Doosan Fuel Cell has signed a Memorandum of Understanding with Singaporean shipper Navig8 to develop fuel cells for ships. The move comes as the shipping sector embarks on a path to decarbonize in line with the ever more stringent regulations on greenhouse gas emissi
