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Regulation & Policy

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UK
Regulation & Policy

Future-ready: UK steadies compass toward carbon-free shipping by 2050

Future fuels and harbor charge points have found themselves at the heart of the UK’s new major plan to decarbonize its fleet by 2050 while simultaneously supporting coastal economies. In a March 25, 2025 statement, British Maritime Minister Mike Kane unveiled the government’s new ambition pertaining

about 1 year ago
Stena Carron drillship; Source; Stena Drilling
Regulation & Policy

Second Stena Drilling rig sports DNV’s drillship notation for emissions abatement

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Stena Drilling has welcomed the award of an Abate (P) notation, which DNV has now bestowed upon another one of its drillships following the rig owner’s addition of multiple technical and operational measures for the rig to cut its fuel consumption and greenhouse gas (GHG) emissions.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Regulation & Policy

Green light for Vår Energi to use FPSO destined for North Sea oil project

Norwegian offshore safety regulator has given Vår Energi consent to take advantage of living quarters, helicopter decks, and cranes on a floating production, storage, and offloading (FPSO) vessel revamped for deployment at a field in the North Sea off the coast of Norway.

about 1 year ago
Fugro's survey vessel runs aground in Italy
Regulation & Policy

Fugro’s survey vessel runs aground in Italy amidst deteriorating weather

A 42-meter-long geophysical survey vessel owned by Dutch Fugro ran aground in Italy two days ago while performing survey work. Fugro announced that its geophysical survey vessel Fugro Mercator had run aground on March 22 on the north coast of Elba, Italy, when it went looking for shelter due to dete

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Regulation & Policy

Sale of oil & gas assets with $945 million price tag falls through

Energean has severed the divestment cord for its asset portfolio in Egypt, Italy, and Croatia, worth $945 million, as key regulatory pieces have not been put in place within the agreed timeline.

about 1 year ago
Malta
Regulation & Policy

Malta gov’t and Carnival ink ‘landmark’ shore power agreement

The Maltese government and Carnival Corporation & plc, the world’s biggest cruise company, have signed a shore power purchase agreement, the ‘first’ of its kind in the Mediterranean region. It is understood that Carnival UK & P&O signed the agreement on behalf of Carnival Corporation & plc, whose ni

about 1 year ago
Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland
Regulation & Policy

Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland

Nel Hydrogen US, a subsidiary of Norwegian company Nel, has received a purchase order for one 2.5 MW containerized proton exchange membrane (PEM) electrolyzer for the Aberdeen Hydrogen Hub project in the north-east of Scotland.

about 1 year ago
Interferry
Regulation & Policy

Interferry: Current shore power funding models are missing the bigger picture

European ferry shipping executives have called for a significant expansion of funding for shore power infrastructure.

about 1 year ago
CIP secures funding for its green hydrogen project in Western Australia
Regulation & Policy

CIP secures funding for its green hydrogen project in Western Australia

Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured A$814 million (approximately $515.5 million) for its Murchison Green Hydrogen project in Western Australia from the Australian Government’s Hydrogen Headstart program.

about 1 year ago
WSC
Regulation & Policy

WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization

Both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets but the price gap between fossil and renewable fuels is the major barrier to making decarbonization a reality, new research published by the World Shipping Council (WSC) found.

about 1 year ago
ECSA
Regulation & Policy

ECSA, SEA Europe push for maritime sector’s seat at the table in EU’s green agenda

ECSA European Shipowners and the Shipyards & Maritime Equipment Association of Europe (SEA Europe) have urged the European Commission to include the maritime sector in two of its ‘vital’ strategies aimed at enhancing the competitiveness, sustainability, and resilience of Europe’s transportation indu

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put

With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding

about 1 year ago
Prysmian preferred supplier for planned 1 GW subsea cable between Singapore and Malaysia
Regulation & Policy

Prysmian preferred supplier for planned 1 GW subsea cable between Singapore and Malaysia

Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sa

about 1 year ago
marine
Regulation & Policy

Support for shipping’s decarbonization goals grows among marine insurers

The Poseidon Principles for Marine Insurance has released its third annual disclosure report, showing growing support for the International Maritime Organization’s (IMO) decarbonization goals.

about 1 year ago