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Authorities & Government

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ICS
Authorities & Government

IMO NZF: Industry needs clarity, simplicity and detail on rewards, ICS says

The International Chamber of Shipping (ICS), a trade association which represents over 80% of the world merchant fleet, has urged the UN maritime regulator International Maritime Organization (IMO) to clarify issues surrounding the new Net-Zero Framework (NZF).

about 1 year ago
US lawmakers
Authorities & Government

US lawmakers propose twin bills to tackle maritime pollution

Two United States lawmakers have introduced a pair of bills aimed at cutting down on dangerous air pollution within the maritime transport industry. As disclosed, on July 10, California-representing US Senator Alex Padilla reintroduced the Clean Shipping Act of 2025, led by House Representative Robe

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about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Authorities & Government

ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

about 1 year ago
CorPower Ocean wave energy farm
Authorities & Government

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
BYD Xi'an
Authorities & Government

LNG-fueled BYD Xi’an, one of the world’s biggest car carriers, threads through Suez Canal

Chinese plug-in hybrid electric vehicle manufacturer BYD’s roll-on/roll-off (RoRo) car carrier BYD Xi’an, hailed as one of the largest ships of its type in the world, has passed through the Suez Canal on its maiden voyage. The 219-meter-long vessel was launched in April this year, back-to-back with

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Authorities & Government

EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
yellow wave buoy in open sea
Authorities & Government

Solar-powered buoy network to enhance coastal data across Australia

Researchers at the University of Western Australia (UWA) have launched a national network of solar-powered wave buoys to improve data on wave-driven processes and coastal change. The network, part of the Integrated Marine Observing System (IMOS) Coastal Wave Buoys Facility, is led by Mike Cuttler an

about 1 year ago
EnQuest
Authorities & Government

New operator taking the helm at undeveloped gas fields offshore Brunei

EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.

about 1 year ago
Sumitomo's UK-produced subsea cables to link Kent and Suffolk
Authorities & Government

Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago
Illustration; Source: BOEM
Authorities & Government

Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar

The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick in domestic energy to drive down costs by inciting new investments across all energy do

about 1 year ago
worker looking at tidal turbines
Authorities & Government

UK firm secures almost $5M for Morlais tidal energy demonstrator build

UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales. According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group

about 1 year ago
Australia’s Energys gets green light for hydrogen plant in Victoria
Authorities & Government

Australia’s Energys gets green light for hydrogen plant in Victoria

Australia’s hydrogen company Energys has received planning approval for its green hydrogen production facility in Hastings, Victoria.

about 1 year ago
ship recycling
Authorities & Government

Ship recycling sector in Türkiye faces renewed scrutiny amid recent incidents

The ship recycling industry in Türkiye has seen a wave of developments in recent months, drawing renewed scrutiny over safety practices, transparency, and environmental oversight, the Belgium-based NGO Shipbreaking Platform has shared. According to the organization, the spotlight is once again on Al

about 1 year ago
nuclear
Authorities & Government

IMO and IAEA grant official status to Nuclear Energy Maritime Organization

The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the Gene

about 1 year ago