Can developers, offshore construction companies, and shipbuilders map a road for the offshore wind sector to reach massive capacity targets while avoiding bottlenecks due to vessel shortages and port over-capacitation? But also, are some of these challenges in the industry providing opportunities fo
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
Belize may lift the offshore oil moratorium to allow exploration activity, including seismic testing in Belizean waters.
Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.
Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f
UK-based marine engineering consultancy BAR Technologies and Norwegian technology company Yara Marine Technologies have launched the production of BAR’s solid wing sails. The two companies said that the ‘first cut’ of the steelwork that will form the first production run of WindWings has been comple
Swiss-based technology developer ABB has secured a breakthrough contract with the shipyard COSCO Shipping Heavy Industry (Yangzhou) to equip ten China COSCO Shipping Corporation Limited’s container vessels with its permanent magnet shaft generator systems. Due for delivery by the end of 2025, the or
Amid ongoing flaring and venting crackdown, the UK’s regulator has launched a probe to look into an undisclosed oil and gas company.
Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their
Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.
Ulsan Port Authority (UPA) has signed a Memorandum of Understanding (MOU) with the international classification society Korean Register (KR) to support methanol-fueled ships and establish the South Korean port as a low-carbon energy hub. “UPA is actively working to make eco-friendly, and low-carbon
The UK is about to pass legislation on nuclear propulsion for merchant ships, closing a loophole in its maritime legislative system on a propulsion technology that is gaining a lot of attention in the shipping world as the potential pathway for slashing emissions. Namely, the UK Parliament is set to
Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.
Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter
