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Regulation & Policy

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China’s first semi-submersible offshore solar platform (Courtesy of CIMC)
Regulation & Policy

China launches its first semi-submersible offshore solar platform

Yantai CIMC Raffles Offshore (CIMC Raffles) has launched China’s first semi-submersible offshore floating solar power generation platform.

about 3 years ago
SHI Aurora Spirit
Regulation & Policy

Teekay Tankers resorts to engine power limitations to meet EEXI

Teekay Tankers, one of the world’s leading providers of international seaborne transportation of oil, said it would implement engine power limitation (EPL) on its vessels to meet the Efficiency Existing Ship Index (EEXI) requirements. Namely, the EEXI will require a 20% improvement in vessel design

about 3 years ago
Rotor
Regulation & Policy

Anemoi wins backing from Horizon Europe Guarantee fund

British wind propulsion company Anemoi Marine Technologies has won funding from the UK Research and Innovation’s Horizon Europe Guarantee fund as part of its involvement in the Optiwise EU project. The Optiwise project aims to maximise the results of vessels using wind propulsion technologies, such

about 3 years ago
Trinity Exploration & Production
Regulation & Policy

Fire breaks out at offshore oil platform, leaving four injured

Trinity Exploration & Production has confirmed that a fire broke out at one of its platforms working at an oil field offshore Trinidad.

about 3 years ago
oil spill
Regulation & Policy

MSC reaches settlement deal with Amplify’s subrogated insurers

Container shipping major MSC Mediterranean Shipping Company has entered into a settlement agreement with the subrogated insurers of Amplify Energy Corp related to the 2021 Orange County oil spill incident. The oil spill resulted in the discharge of approximately 25,000 gallons of crude oil in Octobe

about 3 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Regulation & Policy

As OPEC+ production cuts take hold, Brent crude oil spot price forecast jumps to $85 per barrel

The U.S. Energy Information Administration (EIA) has slightly revised its forecasts, reducing OPEC production for the rest of 2023.

about 3 years ago
Illustration; Source: API
Regulation & Policy

U.S. urged to fix ‘broken’ permitting process to bolster American energy development

The American Petroleum Institute calls on the Biden administration to address the broken permitting process halting U.S. energy development.

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
With approval in place, Energinet to start €65.2M subsea cable replacement project
Regulation & Policy

Energinet gets green light for €65.2M subsea cable replacement project

The Danish Ministry of Climate, Energy and Supply has approved Energinet’s application for the replacement of a submarine cable that passes across Øresund connecting Denmark and Sweden. With the approval in place, Energinet can now begin the project to replace System 2 on the 400 kV cable connection

about 3 years ago
Illustration/Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Regulation & Policy

Nova Innovation enters floating solar market, with first installation set for Scotland

Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.

about 3 years ago
Two final offers in for Denmark's first CCUS subsidy pool
Regulation & Policy

Two final offers in for Denmark’s first CCUS subsidy pool

The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener

about 3 years ago
HyVelocity team applies for US DOE hydrogen hub funding
Regulation & Policy

HyVelocity team applies for US DOE hydrogen hub funding

The HyVelocity Hub team has put in an official application for funding from the US Department of Energy’s (DOE) $8 billion Regional Clean Hydrogen Hubs programme. The application came after the team received encouragement from DOE to apply for the funding. To note, the team submitted an initial conc

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
U.S. Bureau of Safety and Environmental Enforcement (BSEE)
Regulation & Policy

Lessons learned from near-miss fatality during crane ops for decom work in U.S.

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has come up with recommendations after looking into a near-miss fatality.

about 3 years ago
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