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Regulation & Policy

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Is gas greener than oil in terms of emissions?
Regulation & Policy

Is gas greener than oil in terms of emissions?

While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.

about 3 years ago
Maersk
Regulation & Policy

Industry calls for higher ambition in FuelEU, introduction of performance multipliers

Danish Shipping, Methanol Institute, and World Shipping Council are calling for increased ambition in the FuelEU, maximising GHG intensity reduction from 2035 to 2050 and supporting early use of green e-fuels. The FuelEU Maritime proposal requires ships to reduce the GHG intensity of their fuels by

about 3 years ago
Scrubber
Regulation & Policy

Clean Marine gears up for another flurry of scrubber orders

Another surge of scrubber retrofit orders seems to be on the cards as owners seek to reap fruits from the VLSFO- HSFO (Hi-5) spread. The lead-up to IMO 2020 saw a peak interest in scrubber investments as shipowners lined up to get vessels retrofitted or built with scrubbers in shipyards. However, ov

about 3 years ago
The signing of the agreement between Ordu Enerji and Eco Wave Power (Courtesy of Eco Wave Power)
Regulation & Policy

Eco Wave Power signs deal for 77MW wave energy plant in Black Sea

Eco Wave Power has entered into an agreement with OREN Ordu Enerji for the potential construction of an up to 77MW wave energy installation in Ordu in Türkiye.

about 3 years ago
Report: Start-up of Lubmin LNG terminal delayed
Regulation & Policy

Report: Start-up of Lubmin LNG terminal delayed

The launch of operations at the floating liquefied natural gas (LNG) terminal in Lubmin, Germany, has been delayed for several weeks, according to reports by Der Spiegel news magazine. Germany’s first private LNG terminal was scheduled to begin operations at the beginning of December. The first floa

about 3 years ago
shipping
Regulation & Policy

Mærsk Mc-Kinney Møller Center outlines 4 key actions to fast-track decarbonization

The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ

about 3 years ago
Seafarers
Regulation & Policy

Unions, employers sign pact to keep pandemic cooperative spirit alive as decarbonization challenges loom

Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I

about 3 years ago
Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms
Regulation & Policy

Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms

UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.

about 3 years ago
Oldendorff Carriers
Regulation & Policy

Oldendorff blasts CII calling for urgent revision

IMO’s new Carbon Intensity Indicator (CII) regulations will not help the environment and may actually lead to higher rather than lower emissions, German dry bulk carrier owner and operator Oldendorff Carriers said. The company released a study that delves into the rating scheme pointing to examples

about 3 years ago
Activists file legal challenge over UK funding for TotalEnergies’ Mozambique LNG project
Regulation & Policy

Activists file legal challenge over UK funding for TotalEnergies’ Mozambique LNG project

Environmental group Friends of the Earth has filed a legal challenge against the UK’s government decision to approve $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies. The move comes after the judicial review, brought by Friends of the Earth, ended up

about 3 years ago
bulker
Regulation & Policy

INTERCARGO: CII cannot be used to achieve desired decarbonisation goals

The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei

about 3 years ago
Oil & gas players looking into electrification of West of Shetland assets with onshore and offshore wind
Regulation & Policy

Wind power in the running for electrification of West of Shetland oil & gas assets

BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

about 3 years ago
Illustration/Marmok-A5 wave energy device deployed off Basque coast at BiMEP (Courtesy of EVE)
Regulation & Policy

Spain adopts regulatory framework for €200M grant program for marine renewables

The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has published a document which sets out the regulatory bases for the allocation of state grants for the development of marine renewable energy pilot projects and associated infrastructure.

about 3 years ago
DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero goals
Regulation & Policy

DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero

DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.

about 3 years ago
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