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Regulation & Policy

UAE bans Cameroon-flagged ships: Is this a clampdown on illegal activities of Russia’s ghost fleet?

The United Arab Emirates (UAE) has banned vessels flying the flag of the Republic of Cameroon from calling UAE waters and ports.

about 2 years ago

FPSO Prosperity working on ExxonMobil's third offshore oil development on Guyana's Stabroek block; Source: Keppel

Regulation & Policy

While strengthening hydrocarbon ties, Guyana and India also pooling resources for green energy

India recently greenlighted the inking of a memorandum of understanding (MoU) with Guyana to join forces in the hydrocarbon sector.

about 2 years ago

Regulation & Policy

Offshore wind: Both challenges and enormous opportunities lie ahead

The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili

about 2 years ago

Regulation & Policy

Stolt Tankers joins Science Based Targets initiative

Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.

about 2 years ago

Polish firm becomes operator of only Barents Sea CO2 exploration license

Regulation & Policy

Only Barents Sea CO2 exploration license gets new operator

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li

about 2 years ago

Regulation & Policy

Provaris appoints DNV for hydrogen carrier FEED review

Provaris Energy is advancing works on its proprietary H2Neo hydrogen carrier and hydrogen cargo containment system and has now engaged classification society DNV to issue a front-end engineering design (FEED) statement. Last summer, Provaris kicked off the program for the construction and testing of

about 2 years ago

Regulation & Policy

Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

14 minutes read

Regulation & Policy

NYK CEO warns: Post-cold war international order unsustainable, signalling uncharted waters ahead

The maritime industry stands at the nexus of geopolitical intricacies, grappling with unprecedented challenges that demand astute navigation and strategic foresight. The latest attacks in the Red Sea against merchant ships come on the back of a series of black swan events, each more intricate and ch

about 2 years ago

Regulation & Policy

New features launched for ClassNK Zero Emission Transition Accelerator

Japanese classification society Nippon Kaiji Kyokai (ClassNK) has released new features for its GHG emissions management tool, ClassNK Zero Emission Transition Accelerator (ZETA).

about 2 years ago

Regulation & Policy

AMSA bars Hong Kong-flagged LNG carrier from Australian waters

Australia’s maritime authority, the Australian Maritime Safety Authority (AMSA), has imposed a 180-day ban on the Hong Kong-flagged LNG carrier Cesi Qingdao from entering Australian waters. The vessel was detained in Gladstone in November after experiencing a blackout that caused significant disrupt

about 2 years ago

Regulation & Policy

Nova Scotia recycling facility clinches Hong Kong Convention certification

Nova Scotia recycling facility R.J. MacIsaac Ltd. (RJMI) has won certification from Lloyd’s Register (LR) classification society according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention). It is the first C

about 2 years ago

Regulation & Policy

First DC connection between Europe and North Africa gets €45 million from EIB

Elmed, set to become the first direct current (DC) connection between Europe and North Africa, has secured €45 million in funding from the European Investment Bank (EIB). The €921 million project concerns the implementation of an HVDC link interconnecting Tunisia and Italy across the Strait of Sicil

about 2 years ago

Regulation & Policy

Tidal energy has potential to provide 11% of UK’s electricity demand, analysis says

Tidal energy has the potential to provide 11.5 GW to the UK energy system, 11% of the UK’s electricity demand, and tidal stream projects could contribute up to £17 billion to the UK economy by 2050, according to Offshore Renewable Energy (ORE) Catapult and Imperial College London (ICL). In 2022, ORE

about 2 years ago

Regulation & Policy

US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’

The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Singapore, and the United Kingdom issued a joint statement warning the Houthis against further attacks in the Red Sea. The statement is being issued on the heels of th

about 2 years ago