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Regulation & Policy

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Core Power
Regulation & Policy

New report proposes framework for UK action on maritime nuclear power

CORE POWER, NorthStandard and Lloyd’s Register (LR) have jointly published a report that sets out a policy framework for the UK government to support the deployment of advanced small nuclear reactors on commercial ships and floating nuclear power plants (FNPPs).

about 1 year ago
LoqTech
Regulation & Policy

WinGD calls for ‘strong’ measures to meet maritime GHG targets

WinGD has urged the industry to add its voice to the call for “strong” measures that give shipowners a clear path to decarbonization.

about 1 year ago
Europe
Regulation & Policy

Europe cranks up the heat on Russia’s shadow fleet with latest sanctions package

The European Council has adopted the 16th package of sanctions against Russia to ‘ramp up’ the pressure on the country’s so-called ‘shadow’ fleet as well as curb attempts to circumvent the measures. Now well into its fourth year, Russia’s aggression on Ukraine continues to disturb the balance of glo

about 1 year ago
UK and French regulatory authorities sit down to discuss further joint electricity interconnection
Regulation & Policy

UK and French regulatory authorities exploring additional joint electricity interconnections

French Energy Regulatory Commission (CRE) and Great Britain’s independent energy regulator Ofgem have come to an agreement to continue exploring further electricity interconnection development opportunities of around 1 GW capacity between France and the UK. The countries have an electricity partners

about 1 year ago
Two dozens of people standing in a single line on a stage
Regulation & Policy

Malaysia stepping up hydrocarbon game with new bid round and deals with global majors

After concluding the Malaysia Bid Round 2024 (MBR 2024) by signing two offshore production sharing contracts (PSCs) with Japan’s Inpex Corporation through its subsidiary Malaysia Petroleum Management (MPM), Malaysia’s state-owned energy player Petronas has announced a new licensing round.

about 1 year ago
UK government
Regulation & Policy

Future of maritime decarbonization at stake as carbon levy attracts supporters, opponents

Thirteen additional countries supported a global carbon levy on shipping at the International Maritime Organization (IMO) climate talks in London this week. However, its adoption still seems to be a long way off.

about 1 year ago
Texas GulfLink deepwater crude oil export terminal; Source: Sentinel Texas GulfLink
Regulation & Policy

‘Permitting milestone’ slides into place for US deepwater crude oil export terminal

Texas GulfLink has secured a stamp of approval from the U.S. Department of Transportation’s Maritime Administration for its deepwater port license application, bringing a multi-year environmental and technical review saga to an end.

about 1 year ago
Illustration; Source: BOEM
Regulation & Policy

Court challenge takes first crack at US move to ignite offshore oil & gas drilling boom

With the first legal stone cast at the reversal of ocean protections, the Trump administration is facing its initial environmental challenge from groups concerned about the threats stemming from steps taken to spur offshore drilling zest for a new era of oil and gas rush.

about 1 year ago
Africa
Regulation & Policy

African countries map out net-zero shipping strategy

African countries have mapped out practical measures to advance the green transition of shipping on the continent, focusing on maritime governance, infrastructure development and job creation.

about 1 year ago
IMO
Regulation & Policy

IMO: Training of seafarers aboard clean fuels-powered ships made easier

The International Maritime Organization’s (IMO) sub-committee on Human Element, Training and Watchkeeping (HTW) has adopted draft interim generic guidelines for training seafarers working on ships powered by alternative fuels and new technologies. As disclosed, the draft guidelines are set to be sub

about 1 year ago
ship
Regulation & Policy

South Korea’s revised certification rules to boost adoption of eco-friendly ship technology

South Korean Ministry of Ocean and Fisheries (MOF) has revised its operational guidelines for the eco-friendly ship and equipment certification system to include new certification standards for environmentally forward vessel equipment. As disclosed, the new standard will be effective starting Februa

about 1 year ago
registries
Regulation & Policy

Majority of global shipping fleet operates under compliant flag states, ICS says

The majority of the global shipping industry operates under flag states that strictly enforce international regulations, according to a new report by the International Chamber of Shipping (ICS). In its annual Flag State Performance Table for 2024/25, the ICS has once again explored the extent to whi

about 1 year ago
ExxonMobil's FPSO Liza Unity operates offshore Guyana; Source: SBM Offshore
Regulation & Policy

ExxonMobil’s seventh oil project off Guyana takes step forward with EIA submission

ExxonMobil has handed over its environmental impact assessment (EIA) for the development of its seventh oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Regulation & Policy

Louisiana’s LNG terminal becomes first export project to get US blessing after freeze

Kimmeridge has secured a green light for its proposed 9.5 million tons per annum (mtpa) liquefied natural gas (LNG) export terminal project on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish, Louisiana.

about 1 year ago
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