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Rules & Regulation

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Seafarers
Rules & Regulation

Seafarer Happiness Index: Lingering fears, worries and doubts over crew change

Lingering fears, worries, and doubts about the ongoing crew change situation continue to dominate the sentiments among seafarers, according to the Seafarers Happiness Index latest report. The issue of how seafarers will be vaccinated also came to the fore and is likely to be a long-running concern u

about 5 years ago
Transocean Barents rig
Rules & Regulation

Transocean and Suncor fined over offshore fluid spill

Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.

about 5 years ago
Illustration (Courtesy of IECRE)
Rules & Regulation

Canada backs international standardisation of marine energy

The Government of Canada has awarded funding to Marine Renewables Canada to support the work of the country’s experts participating in the development of international standards for marine renewable energy.

about 5 years ago
FPSO Umuroa - BW Offshore
Rules & Regulation

Stranded FPSO Umuroa leaves Tui field after 14 years

The BW Offshore-owned FPSO Umuroa has been disconnected from the Tui field, located offshore New Zealand, after spending 14 years there.

about 5 years ago
Transocean Barents rig will drill the North Sea well for MOL
Rules & Regulation

MOL preparing to drill appraisal well in North Sea

The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for an appraisal well in the North Sea.

about 5 years ago
Danish Shipping
Rules & Regulation

Danish Shipping: Fleet-based CO2 compliance is a shorter way for green transition

The path to lower CO2 emissions from ships could be shorter by choosing a fleet-based approach to efficiency requirements, a new analysis prepared for Danish Shipping by CE Delft shows.

about 5 years ago
NAGA 7 rig - Velesto
Rules & Regulation

Velesto expects insurance to mitigate sunken rig costs

Velesto Energy expects the financial impact of an incident in which its NAGA 7 rig submerged off Sarawak will be mitigated by the insurance.

about 5 years ago
ACCC: QLD LNG producers to coordinate gas plants upkeep
Rules & Regulation

ACCC: QLD LNG producers to coordinate gas plants upkeep

The Australian Competition and Consumer Commission (ACCC) has proposed to reauthorise Australia Pacific LNG, Gladstone LNG, and the Queensland Curtis LNG Project to coordinate maintenance of their LNG plants for another five years.

about 5 years ago
Valaris
Rules & Regulation

Valaris emerges from Chapter 11 free of $7.1bn of debt

Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.

about 5 years ago
BIMCO: Steady rise in scrubber-fitted ships backs demand for HSFO
Rules & Regulation

BIMCO: Steady rise in scrubber-fitted ships backs demand for HSFO

In the first quarter of 2021, high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world’s largest bunkering hub, data from BIMCO shows. HSFO sales are up 47.2% from Q1 2020, reaching 3.1 million tonnes. This is, however, still less than a th

about 5 years ago
Scrubber Installation
Rules & Regulation

ICCT: Scrubber-fitted ships to emit 10 Gt of washwater each year

Ships with scrubbers will emit at least 10 gigatonnes (Gt) of scrubber washwater each year absent additional regulations, the International Council on Clean Transportation (ICCT) said in a report. As disclosed, the entire shipping sector carries about 11 Gt of cargo each year. Nearly all of the wash

about 5 years ago
Shipbreaking
Rules & Regulation

NGO Shipbreaking: 76% of ships broken in Q1 ended up on South Asian beaches Q1

Of the 204 ships broken in the first quarter of 2021, 155 ships were sold to the beaches of South Asia, notorious for poor work safety and environmental practices, the latest report from NGO Shipbreaking Platform shows. According to the report, Greek ship owners sold the most ships to South Asian ya

about 5 years ago
shipping in the Port of Rotterdam
Rules & Regulation

Shipowners and seafarers fail to agree on a revised minimum wage

The world’s seafarers yesterday decided to shut down negotiations over the future of seafarers’ minimum wages with national shipowners represented by the International Chamber of Shipping. The seafarers’ unions said they would prefer to tackle the shipping companies ‘head-on’ to set wages unilateral

about 5 years ago
7% of EU’s shipping fuels need to be green by 2030 for the sector to decarbonise
Rules & Regulation

7% of EU’s shipping fuels need to be green by 2030 for the sector to decarbonise

7% of the EU’s shipping fuels need to be green by 2030 for the sector to decarbonise by mid-century, a new study released by environmental NGO Transport & Environment (T&E) shows. The study analyses technical, operational and fuel options that could help cut EU shipping emissions in line with the EU

about 5 years ago
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