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Regulation & Policy

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SBTi verifies ESL Shipping’s science-based net-zero targets
Regulation & Policy

SBTi verifies ESL Shipping’s science-based net-zero targets

Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.

about 11 months ago
LR
Regulation & Policy

LR unpacks new guidance charting the path to nuclear propulsion at sea

The UK-based classification society Lloyd’s Register (LR) has issued new guidance aimed at offering the maritime industry its “first” roadmap for nuclear-powered shipping. Dubbed the “Navigating Nuclear Energy in Maritime”, the document reportedly offers a pathway for the “safe and responsible” use

about 11 months ago
BV
Regulation & Policy

BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships

French classification society Bureau Veritas Marine & Offshore (BV) has entered into a contract with Turkish Gelibolu Shipyard and German technology company eCap Marine for the classification of 2+2 hydrogen-powered cargo vessels to be built for Norwegian shipowner Møre Sjø AS.

about 11 months ago
NYK
Regulation & Policy

NYK: Ammonia-fueled tug helps create world’s ‘first’ environmental value

Japan-based Shin-Nippon Kaiyosha (SNK), a NYK Group company, has obtained third-party certification for the environmental value representing the quantified greenhouse gas (GHG) emissions reduced through ammonia-fueled tugboat Sakigake’s towage services.

about 11 months ago
India
Regulation & Policy

India recognizes three major ports as green hydrogen hubs

India’s Ministry of New and Renewable Energy (MNRE) has formally recognized three major ports as green hydrogen hubs under the National Green Hydrogen Mission (NGHM).

about 11 months ago
COSL Prospector rig; Source: Canarship
Regulation & Policy

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 11 months ago
IMO NZF
Regulation & Policy

IMO NZF needs to include incentives for e-fuels, 20 green fuel producers say

Twenty green fuel producers have called on delegates of the International Maritime Organization (IMO) to seize a ‘once-in-a-generation’ opportunity to set shipping on a sustainable pathway.

about 11 months ago
Calcasieu Pass terminal; Source: Venture Global
Regulation & Policy

BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.

about 11 months ago
Germany
Regulation & Policy

Germany first country to embark on Canada’s green shipping corridor initiative

Germany has become the first country to join a Canadian initiative to establish green shipping corridors.

about 11 months ago
Deepsea Stavanger semi-submersible rig; Source: Africa Energy
Regulation & Policy

Domino effect of recent permit reversal: Uncertainty envelops another African block’s development

After the Western Cape High Court’s decision to ax environmental authorization for oil and gas offshore drilling activities planned in Block 5/6/7, Canada-headquartered oil and gas exploration company Africa Energy has embarked on talks to find out what is required for an environmental and social im

about 11 months ago
NZF
Regulation & Policy

All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

about 11 months ago
Harmony platform; Source: Sable Offshore
Regulation & Policy

Texas-based oil & gas firm demands $347M in damages from Golden State over pipeline halt

As a pipeline shutdown saga continues in California, Sable Offshore, a Texas-headquartered oil and gas company, is looking to get hundreds of millions in damages as part of the escalation of its dispute with the California Coastal Commission.

about 11 months ago
Deepsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 11 months ago
CorPower Ocean takes leading role at Ocean Energy Europe
Regulation & Policy

CorPower Ocean takes leading role at Ocean Energy Europe

Wave energy developer CorPower Ocean has stepped up its support for Ocean Energy Europe (OEE), a network of ocean energy professionals, taking on the role of Lead Partner, according to OEE. CEO of CorPower Ocean Patrik Moller will continue to represent the company on the OEE Board of Directors, wher

about 11 months ago
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