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Preventing subsea cable failure could save millions for offshore wind industry, IMCA says

Regulation & Policy

New code of practice aims to slash subsea cable failures

The International Marine Contractors Association (IMCA) has issued a new Code of Practice with the aim of improving subsea power cable installation in offshore wind by preventing cable failure and thus enabling savings for the offshore wind industry. The Code of Practice for Offshore Cable Laying in

about 2 years ago

Regulation & Policy

Lloyd’s Register to class North Star’s two VARD-built methanol-ready CSOVs

Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support ves

about 2 years ago

Regulation & Policy

Sea Forrest wins BV approval for marine battery system

Singapore-based provider of marine electric propulsion and energy management solutions Sea Forrest (SF) has obtained type approval from Bureau Veritas (BV) for its SEAGEN 11 marine propulsion battery module system. SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to

about 2 years ago

Regulation & Policy

Saudi Arabia and Korea shake hands on clean hydrogen cooperation

Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t

about 2 years ago

Rystad Energy says ramp up of investments needed to meet net-zero targets, despite snowball effect of CCS to build over 10 times by 2030

Regulation & Policy

Northern Lights CEO: We are making CCS viable

The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide

about 3 years ago

Regulation & Policy

EU reaffirms CCS crucial to achieving climate targets

The European Parliament Committee on Industry (ITRE) has adopted a position on the Net-Zero Industry Act (NZIA), further endorsing the emerging consensus on the vital role of carbon capture and storage (CCS) in achieving Europe’s climate targets. The position adopted by ITRE is said to strengthen th

about 3 years ago

Regulation & Policy

Ports of Los Angeles and Guangzhou forge ties on green shipping corridor

The Port of Los Angeles and Port of Guangzhou, China, signed a Memorandum of Understanding (MOU) to bolster cooperation on the development of digital supply chain infrastructure, creation of a Trans-pacific Green Shipping Corridor between the two ports, and other sustainability initiatives to reduce

about 3 years ago

Regulation & Policy

NSTA ready to grant two-year license extension to Orcadian Energy

The North Sea Transition Authority (NSTA) is ready to agree a two-year extension to the second term for the Pilot license to UK-headquartered oil and gas company Orcadian Energy. As announced in September, Orcadian entered into a non-binding heads of agreement (HoA) with a North Sea operator which p

about 3 years ago

Regulation & Policy

Crowley makes headway for first LNG bunkering at Panama Canal’s Pacific side

U.S. shipping and logistics company Crowley has received the first permit issued by the Panama Maritime Authority (AMP) for the provision of LNG bunkering services on the Pacific side of the Panama Canal. Under this permit, Crowley is advancing plans to provide bunkering and related port solutions t

about 3 years ago

Regulation & Policy

Alliance of CEO Climate Leaders urge world govts to scale up investment in renewable energy ahead of COP28

More than a hundred CEOs and senior executives from the Alliance of CEO Climate Leaders, led by Vincent Clerc, Chief executive Officer of A.P. Moller Maersk, have shared an open letter to world leaders ahead of COP28. The quest to cap global temperature rise at 1.5°C faces jeopardy without intensifi

about 3 years ago

Regulation & Policy

‘Industry’s first’ methanol-powered sustainable shipping fund unveiled

ProMarine AG, an investment advisor for the financing of the maritime energy transition, has launched what has been described as the’ industry-first sustainable shipping fund’ with an initial portfolio of four methanol-fueled MR tankers led by methanol producer Proman and shipping company Stena Bulk

about 3 years ago

Regulation & Policy

Silverstream wins AIP from China Classification Society

UK-based maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AIP) with the China Classification Society (CCS). Silverstream said that this is the first agreement of this nature with a classification society. The Approval in Principle signifies that the C

about 3 years ago

Cameron McNatt, co-founder and managing director of Mocean Energy (Courtesy of Mocean Energy)

Regulation & Policy

Interview: Winning back investor confidence in wave energy – Mocean Energy’s guide

In an interview with Offshore Energy, the co-founder and managing director of Mocean Energy, one of the leading wave energy companies in the world, Cameron McNatt talked about the development of innovative wave energy technology and projects, while successfully navigating through all the challenges

14 minutes read

Illustration (Courtesy of Offshore for Sure project)

Regulation & Policy

Offshore for Sure to uphold innovative renewables’ place in the energy system

Fifteen partners from Flanders and the Netherlands have come together to pool their expertise and test five promising energy solutions and enhance their applicability in the energy system as part of the Offshore for Sure project.

about 3 years ago