Iran has seized a South Korean chemical tanker Hankuk Chemi citing oil pollution in the Persian Gulf. The tanker was reportedly underway to Fujairah, in the UAE, from the Saudi city of Al-Jubail on Monday when it got detained. The Iranian Foreign Ministry said the reason behind the detainment was st
European Union’s Horizon 2020 program has awarded €5 million to VALID project for the development of a Hybrid Testing Platform that will accelerate the testing of marine energy devices in Europe’s race towards carbon neutrality.
i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.
Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.
The Energy Regulatory Commission (ERC) of the Philippines has denied the petition filed by the National Renewable Energy Board (NREB) for Feed-in-Tariff (FIT) for electricity generated from ocean energy resources.
Clean energy technology start-up Exowave has secured funding from the Danish government to advance the project that combines wave energy extraction with desalination and hydrogen production.
Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field development located in the Sakakemang block managed by Repsol.
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) gave the development consent to the Hornsea Project Three offshore wind farm on 31 December 2020. Ørsted submitted the development consent order (DCO) application for the 2.4 GW project to the UK Planning Inspectorate on 1
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is
U.S. Senator Charles Schumer is calling for major investment to transform South Brooklyn Marine Terminal (SBMT) in New York into a wind turbine assembly center. The city-owned South Brooklyn Marine Terminal is one of 11 ports around the state to be pre-qualified to be considered for up to USD 200 m
Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
Two men were charged and appeared in court over the weekend as part of the ongoing investigation into the maritime security incident that took place on board the Nave Andromeda off the coast of the Isle of Wight on October 25. Specifically, seven stowaways reportedly hijacked the vessel in the Engli
Maersk Elbe, a Neopanamax containership that suffered engine failure off Portugal after a fire onboard on 26 December, is now being towed to the Port of Algeciras.
The recently approved amendments to MARPOL Annex VI to introduce requirements to the operational efficiency of ships, the Carbon Intensity Indicators, promise to introduce a completely new compliance regime in the sector. The introduction of carbon intensity targets to existing ships will be calcula
