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Regulation & Policy

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DeepOcean charters newbuild USV with hybrid diesel-electric propulsion
Regulation & Policy

In focus: Decarbonisation gaining ever stronger foothold

Our news this week reflect the increasing activities in vessel decarbonisation and emission cutting in the oil and gas sector as offshore renewable energy continues to broaden both its geographical and technological reach and green hydrogen attracts new firm commitments. With new, more ambitious cor

about 3 years ago
oil spill response
Regulation & Policy

Gibraltar bunker spill highlights the urgency to break free from fossil fuels. But how safe are the alternatives?

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Operations at the Port of Gibraltar have ground to a halt following a bunker fuel spill from a ship anchored in the Bay of Gibraltar. The spill occurred during a ship-to-ship refueling operation involving the Panama-flagged LPG tanker Gas Venus, at approximately 8:22 a.m. on Tuesday morning. As info

about 3 years ago
There is NO time for antagonism among marine fuel proponents
Regulation & Policy

There is NO time for antagonism among marine fuel proponents

As the world witnesses the devastating impact of climate change through catastrophic events like wildfires engulfing the Greek island of Rhodes and northern Algeria, and the occurrence of giant supercells in Italy, the need for urgent and sustainable solutions within the energy industry, the maritim

about 3 years ago
seafarers
Regulation & Policy

Record high officer supply shortfall threatens manning costs, warns Drewry

Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by shipping consultancy Drewry. The 2023 officer availability gap has widened to a deficit equating to abo

about 3 years ago
FSO Safer
Regulation & Policy

Long-awaited oil removal from ‘ticking bomb’ FSO Safer kicks off in Red Sea

The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer off Yemen’s Red Sea coast started today. The ship-to-ship transfer of oil to the replacement tanker Yemen, formerly known as Nautica, which arrived in Yemen a few days ago, is expected to last 19 days. The

about 3 years ago
MoU signing ceremony between WPDA and Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum (Courtesy of WPDA)
Regulation & Policy

UAE company eyes floating solar opportunities in Pakistan

The Water and Power Development Authority of Pakistan (WAPDA) has signed two memorandums of understanding (MoU) with the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum of United Arab Emirates for capacity enhancement of existing small hydroelectric power plants and the developm

about 3 years ago
CEM adopts new initiative for scaling low-carbon fuel production
Regulation & Policy

CEM adopts new initiative for scaling low-carbon fuel production

The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

about 3 years ago
Japan and UAE to deepen cooperation on clean energy
Regulation & Policy

Japan and UAE to deepen cooperation on clean energy

During a Japan-UAE business forum in Abu Dhabi, UAE’s President Sheikh Mohamed bin Zayed Al Nahyan and Japan’s Prime Minister (PM) Fumio Kishida affirmed the commitment of both countries to enhancing cooperation on climate action, decarbonization efforts and clean energy. In a statement, Japan’s PM

about 3 years ago
Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Regulation & Policy

IMO about to pick the new Secretary-General

The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Regulation & Policy

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
IMO
Regulation & Policy

IMO launches revision of CII regulations

The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a

about 3 years ago
Eco Wave Power's wave energy plant in Jaffa Port, Israel (Screenshot/Video by Eco Wave Power)
Regulation & Policy

Eco Wave Power bags EU funding for its newest wave energy plant

Swedish-Israeli wave energy developer Eco Wave Power has been awarded a grant from the EU that will be used to add educational and knowledge-sharing features to the company’s newest wave energy power station at the Port of Jaffa in Israel.

about 3 years ago
Yang Ming
Regulation & Policy

Xeneta: CEI improved on majority of top container trades in Q1

The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le

about 3 years ago
EWP-EDF One power station in the Port of Jaffa, Israel (Courtesy of Eco Wave Power)
Regulation & Policy

Eco Wave Power gets final government grant for wave energy plant in Israel

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its landmark ‘EWP-EDF One’ wave energy power station in the Port of Jaffa, marking the official completion of the project.

about 3 years ago