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Regulation & Policy

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Shipping
Regulation & Policy

Blue Mediterranean Partnership gains momentum with €1 billion investment pledge at COP28

The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Shell gets rubber stamp to deploy Odfjell Drilling-managed rig for ops in North Sea

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Shell has received the green light to use an Odfjell Drilling-managed rig for plugging and abandonment activities in the North Sea.

about 2 years ago
South Wales
Regulation & Policy

South Wales makes strong case for investment in CO2 shipping infrastructure

A new study released on December 4 demonstrates a strong economic case for public investment into CO2 shipping infrastructure in South Wales.

about 2 years ago
SCZONE
Regulation & Policy

SCZONE, Scatec ink $1.1 billion MoU for green bunkering in East Port Said

On the sidelines of COP28, a $1.1 billion memorandum of understanding (MOU) for green bunkering in Egypt has been signed.

about 2 years ago
Bureau Veritas launches new rules for hydrogen-fueled ships
Regulation & Policy

Bureau Veritas launches new rules for hydrogen-fueled ships

Classification society Bureau Veritas (BV) has published its first classification Rules for hydrogen-fueled ships to support the safe development of hydrogen propulsion in the maritime sector. The rules outline technical requirements for the safe bunkering, storage, preparation, distribution, and us

about 2 years ago
Canada
Regulation & Policy

Canada embarks on Green Shipping Corridor Program to help cut shipping pollution

The Canadian government is launching a new program that will establish green shipping corridors and help decarbonize the marine sector in major shipping areas along the Great Lakes, the St. Lawrence Seaway, and Canada’s east and west coasts.

about 2 years ago
MMMCZCS
Regulation & Policy

Green corridor surge: initiatives soar to 44, doubling from last year’s count

The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co

about 2 years ago
GTT and COSCO Shipping sign LNG tank deal
Regulation & Policy

COSCO Shipping licensed to construct GTT’s systems for offshore LNG units

French LNG containment specialist GTT and Chinese shipyard COSCO Shipping (Qidong) Offshore, a subsidiary of shipping and logistics company COSCO Shipping, have signed a technical assistance and license agreement (TALA) for the construction of GTT membrane containment systems. Specifically, this agr

about 2 years ago
Denmark and USA to explore development of green corridors in the Global South
Regulation & Policy

Denmark and USA to explore development of green corridors in the Global South

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Regulation & Policy

COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Regulation & Policy

Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

about 2 years ago
CEOs
Regulation & Policy

Shipping CEOs call for an end to fossil-only powered newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Regulation & Policy

€850 million award for UK’s cable connection project lands on Prysmian’s order backlog

Prysmian has tucked under its belt a contract win worth around €850 million for a high voltage direct current (HVDC) cable connection in the UK.

about 2 years ago
Ports
Regulation & Policy

New tool identifies best ports for developing green first-mover initiatives

Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transit

about 2 years ago