Norwegian shipping and tank terminal company Odfjell SE has appointed Øistein Jensen as the company’s first Chief Sustainability Officer (CSO). Jensen, currently Chief of Staff, will lead Odfjell SE’s company-wide work on environmental, social and governance matters (ESG). “Our appointment of a Chie
Dry bulk shipping major Golden Ocean Group Limited (GOGL) has become a member of the Getting to Zero Coalition, a powerful industry alliance committed to accelerating maritime shipping’s decarbonization. The ambition of the coalition, which has over 110 company members, is to have commercially viabl
The main fears around the use of the low sulphur fuel as mandated by the IMO 2020 sulphur cap that entered into force in January 2020, such as lack of availability and poor quality of new fuels did not materialize paving the way for a much smoother transition than expected. Availability concerns wer
The share of the containership fleet fitted with scrubbers exceeded that of the crude oil tanker fleet by the start of July 2020, data from BIMCO shows. The world’s largest shipowner association said that containerships with a collective cargo-carrying capacity of 5.3 million TEU are now fitted with
A new guide that aims to provide both port and shipping sectors with practical guidance on how to facilitate Just In Time Arrivals (JIT) has been released.
Bahamas Petroleum Company has been granted an interim force majeure extension to the second exploration period for its southern licences in The Bahamas
Hermitage Offshore and 28 subsidiaries have filed for voluntary Chapter 11 petitions amid global oil slump and coronavirus pandemic.
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea.
Boston-headquartered provider of ballast water treatment (BWT) solutions Ecochlor has secured Type Approval from the Norwegian Maritime Authority (NMA) for the IMO BWMS Code revised 2016 G8 standards. The revised guidelines from 2016 are being applied on systems that started their type approval proc
Greenhouse gas (GHG) emissions from ships are projected to increase by up to 50% until 2050, relative to 2018, despite further efficiency gains, as transport demand is expected to continue to grow, the Fourth IMO Greenhouse Gas Study shows. The study has been prepared for the International Maritime
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Evergreen Marine Corporation (Taiwan) Ltd. has become the eleventh shipowner to publicly disclose its approach to ship recycling through the Ship Recycling Transparency Initiative (SRTI) online platform. The Ship Recycling Transparency Initiative (SRTI) is an independent initiative hosted by the Sus
Norway has committed approximately $1.5 million (NOK 14 million) to support improved ship recycling in Bangladesh as part of an IMO-implemented project. The financing paves way for the third phase of the project on Safe and Environmentally Sound Ship Recycling in Bangladesh (SENSREC) launched in 201
In its recent update on offshore wind power production in Germany, TenneT mentioned it had made proposals to the European Union and the Dutch and German governments “to create an integrated energy system approach to the international development of offshore wind energy”. Offshore Energy contacted Te
