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Regulation & Policy

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Sweden: Nord Stream incident caused by 'gross sabotage'
Regulation & Policy

Sweden: Nord Stream incident caused by ‘gross sabotage’

An investigation has shown that explosions that damaged the Nord Stream gas pipelines in late September were caused by “gross sabotage”, Swedish authorities announced. Swedish prosecutor Mats Ljungqvist, who is leading the ongoing preliminary investigation at the Nord Stream 1 and 2 pipelines, said

about 4 years ago
shipping BIMCO
Regulation & Policy

BIMCO’s CII clause says time charterers should bare the brunt of ships’ emissions

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BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter

about 4 years ago
UK's oil and gas tax changes to 'hit industry hard', OEUK warns
Regulation & Policy

UK’s oil and gas tax changes to ‘hit industry hard’, OEUK warns

The UK offshore industry will be “hit hard” by the recent tax changes on oil and gas production, which threaten to drive out investors and drive up imports, leaving consumers increasingly exposed to global shortages, UK’s representative body for the offshore energy industry Offshore Energies UK (OEU

about 4 years ago
ZEUS
Regulation & Policy

ZEUS becomes RINA’s 1st ship capable of running on hydrogen

A prototype ship named ZEUS (Zero Emission Ultimate Ship) with hybrid propulsion has been classed by the Italian classification society RINA, becoming its first ship capable of running on hydrogen. The vessel was developed as part of the research project named Technologies with Low Environmental Imp

about 4 years ago
The illustration of the 500kWp Merganser offshore floating solar system (Courtesy of SolarDuck)
Regulation & Policy

Netherlands boosts industry consortium with €7.8M for offshore floating solar development

Dutch-Norwegian company SolarDuck and its consortium partners have received a €7.8 million project subsidy from the Netherlands Enterprise Agency (RVO) to develop, test and validate the Merganser floating solar energy platform in harsh North Sea weather conditions.

about 4 years ago
UK offshore workers down tools over pay dispute
Regulation & Policy

UK offshore workers down tools over pay dispute

UK’s Unite the union has confirmed that around 146 offshore workers have opted to take strike action due to a dispute over pay and benefits.

about 4 years ago
CMT yard
Regulation & Policy

World’s 1st circular ship dismantling yard wins EU backing

Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed

about 4 years ago
Alfa Laval PureSOx being assembled
Regulation & Policy

Safe Bulkers returns to Alfa Laval for more scrubbers

Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o

about 4 years ago
Esvagt/Ørsted
Regulation & Policy

Half of the vessels ordered by Danish shipping companies can sail on green fuel

Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f

about 4 years ago
L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)
Regulation & Policy

QED Naval collects over €1.7 million as tidal power picks up pace

QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.

about 4 years ago
International declaration calls for reduction of greenhouse gas emissions from fossil fuels
Regulation & Policy

International declaration calls for reduction of greenhouse gas emissions from fossil fuels

The European Union, United States, United Kingdom, Canada, Japan, Norway and Singapore have signed a joint declaration on reducing greenhouse gas emissions from fossil fuels, committing to take rapid action to address the climate and energy security crises. The parties said they affirm the need to a

about 4 years ago
Norway spearheading low-emission rig adoption, says Westwood
Regulation & Policy

Norway spearheading low-emission rig adoption, says Westwood

Westwood has found that Norway leads the way in the adoption of emission-reducing modifications for offshore rigs.

about 4 years ago
Orcadian Energy gets North Sea license extension
Regulation & Policy

Orcadian Energy gets North Sea license extension

The North Sea Transition Authority (NSTA) has granted oil and gas development company Orcadian Energy a one-year extension for license P2244, which contains the Pilot oilfield. The Second Term of the license was due to expire at the end of this November and has now been extended to the end of Novemb

about 4 years ago
Matt Dunlop is Sustainability & Decarbonisation Director at V.Group
Regulation & Policy

Dunlop: The environmental price to pay if we fail to act is high

The shipping industry is waking up to the fact that it needs to do something now to decarbonize, and ESG rightfully sits firmly alongside safety as a key decision driver in the industry, Matt Dunlop, Sustainability & Decarbonisation Director at V.Group said in an interview with Offshore Energy. Matt

about 4 years ago