Saudi Arabian oil and gas giant Saudi Aramco is intending to secure ABS environmental protection notations for its entire fleet.
Trafigura, one of the world’s largest ship charterers, has proposed that the International Maritime Organization (IMO) introduces a carbon levy to help boost competitiveness and uptake of alternative fuels. The company is proposing a levy between $250 and $300 per metric tonne of CO2 equivalent on s
With the EU advancing on its plans to include international shipping in its Emissions Trading System (ETS), the pressure is on for the international maritime industry to introduce a market-wide measure to pay for its share of emissions. Under the plan, the EU wants to include the maritime sector int
Saudi Ports Authority is the latest port to prohibit discharges of exhaust wash water in its waters from ships fitted with open-loop scrubbers, one of the alternative measures of being compliant with the IMO 2020 Sulphur Cap. The port authority is acting on instructions received from the General Aut
Greenhouse gas (GHG) emissions from ships are projected to increase by up to 50% until 2050, relative to 2018, despite further efficiency gains, as transport demand is expected to continue to grow, the Fourth IMO Greenhouse Gas Study shows. The study has been prepared for the International Maritime
Oman’s Ministry of Oil and Gas has approved Masirah Oil’s field development plan (FDP) for the offshore Yumna field.
The Oil and Gas Climate Initiative (OGCI) has revealed a target to reduce the collective average carbon intensity of member companies’ aggregated upstream oil and gas operations to between 20 and 21 kilograms of CO2 emissions per barrel of oil equivalent by 2025, from a collective baseline of 23 kg
A total commitment of at least $151 billion from G20 governments in support of fossil fuels has been made available in their energy recovery policies, data from the Energy Policy Tracker shows.
Urgent action is needed to target emissions from the existing ships in order to deliver on what is dictated by the global Paris Agreement, according to a University of Manchester study published today in the new journal BMC Energy. The sector also has to up its game if it is to deliver on the IMO 20
On 8 June, US sanctions targeting the Iranian shipping network came into effect, six months after they were announced by the Trump administration.
The article delves into legal intricacies of declaring force majeure events on existing offshore construction contracts in case of delays caused by the coronavirus pandemic as well as key points to consider when entering new contracts.
A Hong Kong-flagged vessel was boarded by unidentified armed men in the Gulf of Oman.
The Port of Karachi in Pakistan implements a ban on discharge of wash-water from open-loop scrubbers.
