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Germans launch final participation procedure for subsea power link to Sweden

Regulation & Policy

Germans launch participation procedure for subsea power link to Sweden

Germany’s Federal Maritime and Hydrographic Agency (BSH) has launched the participation procedure for the German continental shelf section of the Hansa PowerBridge subsea cable project. BSH is now accepting submissions from public interest representatives as part of the participation procedure for t

about 4 years ago

Illustration/L to R: Inna Bravermann – CEO of Eco Wave Power (Courtesy of Eco Wave Power)

Regulation & Policy

Eco Wave Power to apply for stock exchange delisting

Eco Wave Power has informed it plans to apply for delisting from Nasdaq First North Growth Market, shifting the attention to the Nasdaq Capital Market in the United States.

about 4 years ago

Illustration (Courtesy of Odfjell Oceanwind

Regulation & Policy

In focus: Energy system transformation gathers pace with government-backed innovations

Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.

about 4 years ago

Regulation & Policy

Winds of change to sweep through German seaports

The world is moving away from fossil fuels and so is the maritime industry. Ports — being an important maritime segment — are facing significant changes. For the German port sector, the transformation is seen as a mammoth task that lies ahead.

about 4 years ago

Regulation & Policy

UK competition regulator investigating Noble-Maersk Drilling merger

The UK’s competition regulator is looking into the proposed merger between offshore drilling giants, Noble Corporation and Maersk Drilling.

about 4 years ago

Regulation & Policy

Turkish bulker hit by bomb off Odessa arrives in Turkey

A Turkish-owned, Marshall Islands-flagged bulk carrier was hit by a bomb off the coast of Odessa, Ukraine, on 24 February 2022.

about 4 years ago

Regulation & Policy

US imposes sanctions on Russia’s largest shipping company

Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine.

about 4 years ago

Illustration/Tidal Lagoon Power’s concept for tidal lagoon in the Swansea Bay (Courtesy of Tidal Lagoon Power)

Regulation & Policy

Councilors express support for £7 billion tidal lagoon off North Wales

A proposal for £7 billion tidal lagoon project, to be developed by private sector off the coast of Conwy and Denbighshire in North Wales, has received unanimous ‘support in principle’ from Denbighshire County Council.

about 4 years ago

Regulation & Policy

ICS: Russian and Ukrainian seafarers make up 14.5% of global shipping workforce

The International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, has warned of supply chain disruption should the free movement of Ukrainian and Russian seafarers be impeded.

about 4 years ago

Regulation & Policy

EU clears Cargotec-Konecranes merger

The European Commission has approved the proposed merger between Finnish engineering majors Cargotec and Konecranes.

about 4 years ago

Regulation & Policy

Two Russian cargo ships hit by Ukrainian missiles, Russia says

Two Russian commercial cargo ships have been targeted by Ukrainian missiles in the Sea of Azov, several Russian news agencies reported, citing the country’s Federal Security Service’s (FSB) border department for the Krasnodar Territory as saying.

about 4 years ago

Regulation & Policy

Subsea 7, FLASC get govt grant for offshore energy storage system

Subsea 7 and technology partner FLASC have secured a £471,760 grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system. The Long Duration Offshore Storage Bundle, called PowerBundle, will store energy

about 4 years ago

Regulation & Policy

Brodosplit to build 100% green passenger sailing ship

Croatian shipbuilder Brodosplit, part of the DIV Group, has started construction of a zero-emission passenger ship with electric propulsion.

about 4 years ago

Regulation & Policy

Oil price soars past $100 mark as Russia-Ukraine crisis escalates

Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.

about 4 years ago