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Courtesy of the European Commission; Credit: Mauro Bottaro

Regulation & Policy

Germany first beneficiary of European Hydrogen Bank’s financing scheme

Germany will be the first member state to take part in the new EU mechanism ‘Auctions-as-a-service’ of the European Hydrogen Bank, with the federal government providing an additional €350 million for electrolyzer projects in Germany. These are in addition to the €800 million that the EU Innovation F

about 2 years ago

Regulation & Policy

Gulf of Mexico oil & gas lease sale pulls off ‘highest bid amount’ in almost a decade, Shell emerges as top bidder

The latest lease sale for acreage in the Gulf of Mexico under the Biden administration has gathered nearly $382.2 million in high bids.

about 2 years ago

Regulation & Policy

Malaysia bans Israel-flagged vessels from its ports

In response to Israel’s actions against Palestinians in Gaza, the Malaysian government has decided to ban ships flying the Israeli flag from docking at any port in the country.

about 2 years ago

Regulation & Policy

ACWA Power gearing up to develop $4 billion green hydrogen project in Egypt

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a framework agreement on the development of the first phase of a green hydrogen project in Egypt with a capacity of 600,000 tons per year of green ammonia, wit

about 2 years ago

Regulation & Policy

Lhyfe and partners launch BOxHy project as next step in ocean reoxygenation through hydrogen production

French hydrogen producer Lhyfe, together with its partners Flexens and Stockholm University’s Department of Ecology, Environment, and Plant Sciences (DEEP), has introduced the Baltic Sea Oxygenation and the Super-Green Hydrogen Economy project, also known as BOxHy, as the new step in the works on oc

about 2 years ago

Regulation & Policy

Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light

Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035.

about 2 years ago

Regulation & Policy

Estonia seeks builder for new zero-emission, battery hydrogen-fueled ferry

Estonia has launched a call for tender to build a next-generation zero-emission battery hydrogen-fuelled ferry for the Virtsu-Kuivastu route.

about 2 years ago

Regulation & Policy

With Red Sea ensnared in security woes, ten nations come together to untangle it, after BP pumps the brakes on oil & gas trade

While Yemen’s Huthis intensify their attacks on vessels in the Red Sea, multiple nations bond together to tackle these security concerns.

about 2 years ago

Regulation & Policy

Samsung Heavy ordered to pay $290 million to SK Shipping over LNG carrier defects

South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.

about 2 years ago

Regulation & Policy

Australia’s Port Authority of NSW joins Blue Visby Consortium

Australia’s Port Authority of New South Wales has joined the Blue Visby Consortium, a multilateral platform that aims to reduce international shipping carbon emissions by potentially 15 percent.

about 2 years ago

Illustration; Source: MODEC and Terra Drone

Regulation & Policy

ABS hands out ‘world’s first’ approval for drone-based FPSO hull thickness measurement

MODEC and Terra Drone Corporation received the world’s first approval from ABS for a drone-based FPSO hull thickness measurement.

about 2 years ago

Regulation & Policy

New Stade LNG jetty opens doors for independent energy supply in Germany

Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.

about 2 years ago

Regulation & Policy

Grimaldi takes majority stake in Heraklion Port Authority

A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui

about 2 years ago

Regulation & Policy

COSCO Shipping Lines rolls out green biofuels-based shipping solution

China-based shipping company COSCO Shipping Lines has presented the first green shipping certificate to Volvo’s Asia Pacific headquarters for the use of COSCO’s new shipping product Hi ECO.

about 2 years ago