While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.
Scaling up hydrogen is no longer primarily a technology challenge but a policy one, as most announced projects remain stalled without long-term demand signals and government backing, according to the International Energy Agency (IEA).
Finland and Norway have signed a Memorandum of Understanding (MoU) that enables the transport of CO2 from Finland, whose soil is unsuitable for permanent CO2 storage, to Norway for geological storage under the seabed. The MoU was signed on September 4 by the Finnish Minister of Climate and the Envir
Spain-based engineering consultancy BlueNewables has obtained the Administrative Authorizations for Public Domain Occupation from the Autoridad Portuaria de Valencia (APV) for its PV-bos Valencia floating solar project, co-financed by IDAE under the RENMARINAS program. “Another major milestone for B
Aragon, part of Seatrium, has high hopes for a blue ammonia floating production, storage, and offloading (FPSO) unit, which already secured approval in principle (AiP) from classification society American Bureau of Shipping (ABS).
UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a
Furetank has launched a new company for trading emission reductions under the FuelEU Maritime regulation and signed an agreement securing all the biogas required to operate its wholly and partly owned gas-propelled vessels trading in the EU during 2025.
VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has been given additional time to start liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from its proposed export project on Louisiana’s Gulf Coast.
Wave energy developer Eco Wave Power Global and its partner I-KE International Ocean Energy, a subsidiary of Lian Tat Company, have obtained the official land use tender from Suao Port Company for a wave energy pilot station in Taiwan. According to Eco Wave Power, this marks the first time a commerc
North Sea Transition Authority (NSTA) has offered a license for gas storage in the East Irish Sea to dCarbonX, a subsidiary of Snam, which is expected to propel the UK’s decarbonization aspirations forward, thanks to offshore hydrogen storage.
The United States has officially rejected the International Maritime Organization’s (IMO’s) net-zero framework, which aims to reduce global greenhouse gas (GHG) emissions from the shipping sector, and vowed to retaliate against countries that support the framework.
Classification and compliance services provider Lloyd’s Register has issued the UK’s first certification for a remotely operated and unmanned vessel (ROUV), awarded to ACUA Ocean’s hydrogen-powered long-endurance uncrewed surface vessel (USV). The certification for ACUA Ocean’s PIONEER has been issu
Equinor, a Norwegian state-owned energy giant, has received the go-ahead from the country’s authorities to undertake plug and abandonment (P&A) activities in the North Sea off the coast of Norway with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
