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Regulation & Policy

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Port of Hamburg
Regulation & Policy

Kokarakis: Switching to alternative fuels is the key to CII compliance

The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual

about 3 years ago
Vahana Aryan self-propelled jack-up rig; Source: DNV
Regulation & Policy

Rig becomes world’s first jack-up with DNV’s Abate-Ready notation

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DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.

about 3 years ago
IMO
Regulation & Policy

IMO calls for urgent action as shadow fleet raises safety and liability concerns

The International Maritime Organization’s (IMO) Legal Committee has highlighted the risks and consequences of ship-to-ship transfers in the open ocean and the methods used to obscure ship identities. At its 110th session in London, the committee was informed that a fleet of between 300 to 600 tanker

about 3 years ago
Illustration; Source: Remote Medical International (RMI)
Regulation & Policy

Pursuing stable energy supplies by preventing and curtailing offshore incidents

What should organisations and energy players do to prevent offshore accidents to ensure the security and stability of the energy supply?

about 3 years ago
Cajun sun powered by methanol
Regulation & Policy

Hexter: There are virtually no barriers to adoption of methanol

This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Upgrade for premium access here. The decarbonization conundrum in the shipping industry persists due to a multitude of challenges, including the high cost of alternative fuels, th

about 3 years ago
Yang Ming
Regulation & Policy

Xeneta praises Yang Ming as container industry’s ‘emission hero’ in Q4 2022

Taiwanese container shipping giant Yang Ming has been described as the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022, according to an analysis of Xeneta’s Carbon Emissions Index (CEI). Xeneta said that Yang Ming was the industry’s only major player to score belo

about 3 years ago
The ‘EWP-EDF One’ project (Courtesy of Eco Wave Power)
Regulation & Policy

Eco Wave Power signs Israel’s first ever PPA for wave energy

Eco Wave Power has entered into an official power purchase agreement (PPA) with the Israeli National Electric Company (IEC) for the newly installed wave energy project at the Port of Jaffa in Tel Aviv.

about 3 years ago
Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Regulation & Policy

7 candidates join the race for IMO Secretary-General role

Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.

about 3 years ago
MiQ establishes world’s first comprehensive GHG certification programme for LNG
Regulation & Policy

MiQ establishes world’s first comprehensive GHG certification programme for LNG

MiQ, a global non-profit methane emissions certification provider, has launched the world’s first certification programme that enables a complete assessment of all greenhouse gas (GHG) emissions from the liquified natural gas (LNG) supply chain. MiQ said its new framework tracks 100% of methane, car

about 3 years ago
Shipbreaking
Regulation & Policy

Wreckdock sets sights on recycling up to 52 ships annually in its new facility

Wreckdock, a Jubail-based offshore vessel recycling company, has revealed plans to develop a safe and sustainable facility in Saudi Arabia for the circular demolition of vessels. The company plans to build four drydocks from 350 meters to 500 meters long with eight quays equipped with heavy-duty cra

about 3 years ago
Russia
Regulation & Policy

S&P Global: Russia’s ghost fleet estimated at 434 vessels

Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s

about 3 years ago
Sustainable Marine’s PLAT-I 6.40 platform deployed at Grand Passage in Nova Scotia (Courtesy of Sustainable Marine)
Regulation & Policy

IEA-OES: Ocean energy advancements made across the globe in 2022

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.

about 3 years ago
Scrubber
Regulation & Policy

BIMCO: Scrubber installation set to rise despite 2022 fall

Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe

about 3 years ago