Meeting the IMO 2023 regulations will have quite a significant impact on the supply of vessels in the container shipping market in the long term, Søren Skou, CEO of A.P. Møller – Mærsk A/S, estimates. As of 2023, the shipping industry will need to meet a new round of vessel efficiency and carbon int
Technomar Shipping has signed a contract with Italian certification and engineering company RINA for software licenses to employ the RINACube MRV-DCS-CII Data Collection and Reporting platform across 105 of its vessels. RINACube MRV-DCS-CII web application will be used on board each ship to collect
French R&D office which specialises in nautical applications CRAIN Technologies (Centre de Recherche pour l’Architecture et l’Industrie Nautiques) has obtained approval in principle (AiP) from compatriot classification society Bureau Veritas (BV) for its suction wing SW270, an auxiliary wind propuls
Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.
After a bill on the U.S. coastal states’ revenue from offshore wind projects in the federal waters of Gulf of Mexico (GOM) was introduced last year in the US Senate, a similar bill has now been introduced in the House, seeking not only a revenue share for the states from offshore wind but also an in
Liner companies are redesigning their operating loops with lower speeds to meet environmental regulations, particularly the Carbon Intensity Indicator (CII) requirements, Danaos’ CEO John Coustas says. Specifically, ships would need to measure and document their actual annual operational CII against
Ammonia is at the top of the list of the potential shipping fuels of the future, being a zero-carbon solution that can become economically viable. The shipping industry has already built extensive experience in transporting and handling ammonia onboard vessels, and we are seeing major strides being
Australia’s offshore security regulator NOPSEMA has begun the assessment of Shell’s environmental plan for the Crux seabed survey campaign off the coast of Western Australia. The Crux seabed survey campaign will include a geophysical survey and a geotechnical survey in Commonwealth and Ashmore Carti
i3 Energy and Europa Oil & Gas have completed a farm-in agreement ahead of the drilling of an appraisal well planned for September.
Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which
Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.
On 28 July, the Greek Parliament passed a bill comprising regulations on the permitting of offshore wind projects and their development and operation, marking the country’s first legislative move on offshore wind energy.
Irish tidal and river energy technology developer Tidal Flyer has tested its system at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies, under the support of the Selkie project.
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
