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Regulation & Policy

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Stena Pro Marine;
Regulation & Policy

Methanol momentum: 25 ships in operation, 81 more on the way

There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in

about 3 years ago
CMA CGM
Regulation & Policy

Average sailing speed could drop by 10 pct by 2025, BIMCO says

Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down

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about 3 years ago
In focus: Strengthening cooperation on clean energy and environmental protection
Regulation & Policy

In focus: Strengthening cooperation on clean energy and environmental protection

New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their

about 3 years ago
Illustration; Source: Bureau Veritas
Regulation & Policy

Is gas paving the way for the hydrogen revolution?

In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.

about 3 years ago
UN coordinator urges public help with funding to stave off ‘5th largest oil spill from a tanker in history’
Regulation & Policy

IMO appeals to member states for equipment to prevent catastrophic oil spill from FSO Safer

The International Maritime Organization (IMO) is urging Member States to contribute equipment to help UN-led efforts to prevent a possible catastrophic oil spill from the FSO Safer, a rapidly decaying floating storage offshore (FSO) unit moored off the Red Sea coast of Yemen. IMO is providing expert

about 3 years ago
CMA CGM's LNG-powered giant calls at Dunkirk
Regulation & Policy

Survey: Multifuel future is on the cards as companies ready to run their fleets on 3 or more fuels simultaneously

As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul

about 3 years ago
QatarEnergy and Namibia's ministry ink deal to strengthen energy cooperation
Regulation & Policy

QatarEnergy and Namibia’s ministry ink deal for energy cooperation

Qatar’s state-owned energy giant QatarEnergy and Namibia’s Ministry of Mines and Energy have signed a Memorandum of Understanding (MoU) with the aim of strengthening cooperation in the energy sector. The MoU, said to pave the way for continued cooperation, covers areas such as knowledge sharing, wor

about 3 years ago
Fugro's Blue Essence becomes first-ever UAE-flagged uncrewed surface vessel
Regulation & Policy

Fugro’s Blue Essence becomes first UAE-flagged uncrewed surface vessel

Fugro has received full navigation licensing from the UAE Ministry of Energy and Infrastructure for its Blue Essence uncrewed surface vessel (USV). The navigation licensing for Fugro Pegasus represents the first registration of an over-the-horizon USV in the UAE, making the Blue Essence USV the firs

about 3 years ago
EEC
Regulation & Policy

EEC: Sustainable shipbreaking an untapped area ripe for disruption

Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r

about 3 years ago
Biofuels
Regulation & Policy

WFW: Biofuels trump LNG as most popular alternative for the next 5 years

In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen

about 3 years ago
Port of Los Angeles, California
Regulation & Policy

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago
New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea
Regulation & Policy

Race against time begins as Euronav’s former VLCC heads to decaying FSO Safer to prevent catastrophic oil spill

A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r

about 3 years ago
Oil barrels (illustration); Source: Equinor
Regulation & Policy

Canada ranked as preferred global oil supplier with fossil fuels carving a place in energy transition, shows Ipsos study

Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.

about 3 years ago
China Shipping
Regulation & Policy

UMAS: 40 pct improvement in efficiency needed in this decade

A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030

about 3 years ago