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Rules & Regulation

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Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate
Rules & Regulation

New North Sea CO2 storage exploration permit has Equinor’s name on it

Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

about 1 year ago
Nova Innovation's floating solar units (Courtesy of Nova Innovation)
Rules & Regulation

Nova Innovation secures triple ISO certification for management systems

Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’

about 1 year ago
NGOs
Rules & Regulation

NGOs urge countries to include shipping emissions in national Paris climate plans

Non-governmental organizations Opportunity Green, Seas At Risk and Transport & Environment have called on states to include their shipping emissions in their national climate plans under the Paris Agreement.

about 1 year ago
BIMCO
Rules & Regulation

New BIMCO clause to target legal uncertainty from US tariffs on China-linked vessels

Denmark-headquartered shipping association BIMCO has kick-started the development of a standard industry clause that would tackle the contractual uncertainties brought on by the United States Trade Representative’s (USTR) Notice of Actions to impose tariffs on Chinese-related vessels calling US port

about 1 year ago
French stakeholders endorse national pact to accelerate wind propulsion in shipping
Rules & Regulation

French stakeholders endorse national pact to accelerate wind propulsion in shipping

A proposal, which aims to legally recognize wind-assisted propulsion solutions (WAPS) as a means to decarbonize shipping, has been submitted to the National Assembly of France. As disclosed, the bill has been signed by 50 members of the National Assembly and backed by dozens of maritime industry sta

about 1 year ago
ABS
Rules & Regulation

ABS gives the all-clear for KNCC’s 40,000 cbm LCO2 carrier

Knutsen NYK Carbon Carriers (KNCC), an arm of Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK) and Norway’s vessel operator Knutsen Group, has been given the thumbs up from classification society American Bureau of Shipping (ABS) for its 40,000 cbm liquefied carbon dioxide (LCO2) carrier d

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Rules & Regulation

Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the fu

about 1 year ago
Sweden
Rules & Regulation

Sweden moves to widen dragnet on Russia’s shadow fleet

The Swedish government has decided to draw the net tighter around vessels sailing under international flags as part of its action targeting Russia’s so-called ‘shadow fleet’. As disclosed, the measures, set to enter force from July 1, 2025, tighten control of foreign ships by requiring them to provi

about 1 year ago
Construction set to begin on ‘Baltic States’ first’ hydrogen station at Klaipėda Port
Rules & Regulation

Construction set to begin on ‘Baltic States’ first’ hydrogen station at Klaipėda Port

A construction permit has been granted for a new hydrogen production and refueling station at the Port of Klaipėda in Lithuania.

about 1 year ago
Arctic
Rules & Regulation

Past estimates missed true scope of EU shipping’s Arctic climate impact, report says

The climate impact of European shipping in the Arctic region may be far larger than once believed due to past assessments focusing solely on EU-flagged vessels, a new study has found. According to a study titled “Black carbon and CO2 emissions from EU-regulated shipping in the Arctic” by the Interna

about 1 year ago
South Korea
Rules & Regulation

South Korea revises electric vessel code as part of green maritime push

South Korea’s Ministry of Oceans and Fisheries (MOF) has revised the standards for electric vessels in order to facilitate further construction and adoption of units fitted with various electric propulsion solutions. According to the Ministry, there are currently around 50 electric-powered units, in

about 1 year ago
UK government
Rules & Regulation

Report: IMO’s NZF tilts future in favor of ammonia DF ships, leaves near-term path in limbo

The International Maritime Organization’s Net Zero Framework (NZF) gives ammonia dual-fuel ships a mid-2030s edge—but the near-term race is still wide open and riddled with uncertainty, a new report has highlighted. According to a study done by the UK’s UCL Energy Institute Shipping, UMAS and Oceans

about 1 year ago
E-fuels
Rules & Regulation

E-fuels hold the key to shipping’s 2040 goals but not without push

IMO’s new policy measures are ambitious enough to drive a transition to scalable zero-emission fuels but will ultimately only succeed if they include meaningful rewards and, over time, higher penalties for non-compliance, a new insight brief found.

about 1 year ago
Uniper and thyssenkrupp Uhde unite to scale ammonia cracking technology
Rules & Regulation

Uniper and thyssenkrupp Uhde unite to scale ammonia cracking technology

Uniper and thyssenkrupp Uhde have entered a strategic partnership to advance ammonia cracking technology to industrial maturity.

about 1 year ago
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