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Regulation & Policy

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FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Regulation & Policy

Baltic CO2 storage project gets EU funding

The European Commission has signed a grant agreement with Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN) for technical and commercial studies for a planned CO2 terminal in Klaipėda, Lithuania.

about 1 year ago
GUH CEO Neil Gordon
Regulation & Policy

UK urged to partner with subsea sector to defend underwater infrastructure

Global Underwater Hub (GUH), the trade and development body representing the UK’s £9 billion (approximately 12.2 billion) subsea sector, has called on the Ministry of Defence (MoD) to overhaul its approach to underwater defence and begin working directly with commercial subsea companies to counter r

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about 1 year ago
Shipping
Regulation & Policy

Shipping readies for massive investments in decarbonization, IMO head says

The global shipping industry requires significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change.

about 1 year ago
Princess Elisabeth Energy Island visualization; Source: Elia
Regulation & Policy

Cost hike prompts alternative concept search for second UK-Belgium interconnector

Given the recent increases in the cost of high-voltage direct current (HVDC) infrastructure, a new approach will be devised to construct the next phase of an energy island envisioned to be built some 45 kilometers off the Belgian coast, including the development of a second interconnector between Be

about 1 year ago
NGOs
Regulation & Policy

NGOs urge countries to include shipping emissions in national Paris climate plans

Non-governmental organizations Opportunity Green, Seas At Risk and Transport & Environment have called on states to include their shipping emissions in their national climate plans under the Paris Agreement.

about 1 year ago
ZeroNorth, Avikus join efforts to merge autonomous navigation with voyage optimization
Regulation & Policy

ZeroNorth, Avikus join efforts to merge autonomous navigation with voyage optimization

Denmark-based technology company ZeroNorth has joined forces with South Korea’s autonomous navigation systems venture Avikus, part of HD Hyundai, to work on a joint solution that marries autonomous navigation with real-time voyage optimization. Per the partners, the contract was signed on June 4 at

about 1 year ago
The Indonesian Ministry of Energy and Mineral Resources, and Energy Conservation signing a memorandum of understanding with Aquatera.
Regulation & Policy

Renewables training in focus as Indonesia partners with Aquatera

The Indonesian Ministry of Energy and Mineral Resources, through its Human Resource Development Centre for Electricity, New, Renewable Energy, and Energy Conservation (PPSDM KEBTKE), has signed a memorandum of understanding (MoU) with Aquatera, a UK-based renewable energy firm. The partnership aims

about 1 year ago
MPA Singapore and Bureau Veritas deepen partnership on maritime digitalization and decarbonization
Regulation & Policy

MPA Singapore and Bureau Veritas deepen partnership on maritime digitalization and decarbonization

The Maritime and Port Authority of Singapore (MPA) and classification society Bureau Veritas (BV) have renewed their memorandum of understanding (MoU) to deepen collaboration in maritime digitalization, decarbonization, and talent development.

about 1 year ago
BIMCO
Regulation & Policy

New BIMCO clause to target legal uncertainty from US tariffs on China-linked vessels

Denmark-headquartered shipping association BIMCO has kick-started the development of a standard industry clause that would tackle the contractual uncertainties brought on by the United States Trade Representative’s (USTR) Notice of Actions to impose tariffs on Chinese-related vessels calling US port

about 1 year ago
French stakeholders endorse national pact to accelerate wind propulsion in shipping
Regulation & Policy

French stakeholders endorse national pact to accelerate wind propulsion in shipping

A proposal, which aims to legally recognize wind-assisted propulsion solutions (WAPS) as a means to decarbonize shipping, has been submitted to the National Assembly of France. As disclosed, the bill has been signed by 50 members of the National Assembly and backed by dozens of maritime industry sta

about 1 year ago
DNV: Ageing fleet drives surge in number of maritime incidents
Regulation & Policy

DNV: Ageing fleet drives surge in number of maritime incidents

Maritime safety incidents rose by 42% between 2018 and 2024, driven mainly by risks linked to an ageing fleet and machine damage/failure, according to the report, ‘Maritime Safety Trends 2014-2024 – Preparing for future risks,’ by classification society DNV.

about 1 year ago
Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing
Regulation & Policy

Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing

Marine energy infrastructure developer Höegh Evi and oil major Aker BP have received an approval in principle (AiP) from classification society DNV for their liquefied CO2 (LCO2) carrier design in what was described as “a significant step” in enabling the carbon capture and storage (CCS) value chain

about 1 year ago
BIMCO’s new clause to support biofuel use in time charters
Regulation & Policy

BIMCO’s new clause to support biofuel use in time charters

Shipping association BIMCO has formed a new subcommittee to develop a Biofuel Clause for Time Charter Parties in a bid to address the legal and operational challenges stemming from the growing use of biofuels in shipping.

about 1 year ago
bound4blue
Regulation & Policy

bound4blue WAPS performance calculation method wins DNV nod of approval

Spanish automated wind-assisted propulsion system specialist bound4blue has secured validation from Norway’s classification society DNV for its wind propulsion performance methodology. As disclosed, bound4blue received DNV’s approval on June 5 for its ‘wind propulsion system force matrix’ calculatio

about 1 year ago