BOEM has made modifications to monetary penalties for oil and gas companies, implementing the 2024 inflation adjustments.
Finland-based shipping company ESL Shipping has joined the Science Based Targets initiative (SBTi), committing to setting both near-term and long-term science-based emission reduction targets aligned with the goal of limiting global warming to 1.5°C above pre-industrial levels. In 2021, ESL Shipping
Two U.S.-flagged containerships, Maersk Detroit and Maersk Chesapeake, operated by Maersk Line, Limited, a U.S. subsidiary of A.P. Moller-Maersk, were targeted by anti-ship missiles while transiting the Bab el-Mandeb on January 24, 2024. The attacks were confirmed by Maersk saying that the two vesse
The Panama Canal has appointed its first-ever Chief Sustainability Officer (CSO) who will drive the waterway’s environmental sustainability agenda.
Houston-based marine robotics company Ocean Infinity has taken delivery of the last in a series of eight new high-tech, ammonia-ready Armada vessels. The vessel NB 941 was delivered by Vard Vung Tau in Vietnam on January 24. Vard received a contract to design and build these highly advanced, 78-mete
Dutch Boskalis has installed a new energy storage system on board its diving support vessel (DSV) BOKA Atlantis as part of the efforts to make its fleet more sustainable. Boskalis reported that a set of powerful batteries was recently installed on board BOKA Atlantis along the quay of the Boskalis S
Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control
Senator Dave Min’s bill to stop offshore oil drilling in California’s waters has now passed its first major legislative hurdle.
UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating
The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]
Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.
The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w
The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.
Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
