China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.
Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia.
Following the last-minute deal reached between the United Kingdom and the European Union, the European shipping industry has applauded the Brexit deal that would support the current trade fluidity.
The South Korean government has presented a new initiative promoting eco-friendly ship technologies.
Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.
The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case.
Russia’s Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021.
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit (ITC) for offshore wind facilities at 30% through 2025. The provision is part of the Offshore Wind Incentives for New Development (WIND) Act, introduced by Senator of Massachusetts Ed
IMO Secretary-General Kitack Lim has criticized the “no crew change” clauses in charterparties, stressing that such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing crew change crisis. The so-called “no crew change” clauses, whic
The European Union is considering tapping into more of its offshore renewable energy sources farther out in the waters of the Atlantic Ocean, where it plans to study not only the technical potential of offshore wind and wave and tidal energy generation, but also the potential for building a meshed o
A project to construct the world’s first zero-emission hydrogen vessels has been awarded NOK 219 million ($25 million) by the Norwegian government-owned organization Enova.
