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Deepsea Nordkapp rig; Source: Odfjell Drilling

Regulation & Policy

Go-ahead for Aker BP’s North Sea drilling ops with Odfjell rig

Norwegian oil and gas player Aker BP has secured the all-clear from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.

about 1 year ago

MOL Azure LNG carrier (for illustration purposes); Source: Mitsui O.S.K Lines (MOL)

Regulation & Policy

Geopolitical whims send MOL on ‘prudent’ shipyard selection quest for new LNG carrier orders

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has set its sights on a careful evaluation of the use of Chinese and South Korean shipyards that meet its criteria while taking into consideration the changes in U.S. policy trends and geopolitical risks to meet the demand for liquefied natural gas (L

about 1 year ago

Regulation & Policy

Panama tightens grip on STS oil transfers in crackdown on Russia’s ‘shadow fleet’

The Panama Maritime Authority (PMA) has decided to strengthen the ship-to-ship (STS) oil transfer operation requirements for tankers flying the country’s flag to “shut the door” to Russia’s so-called shadow fleet. As disclosed, the decision was made to address two vital issues at once: the operation

about 1 year ago

FPSO Northern Endeavour; Source: Australian Government Department of Industry, Science, Energy and Resources

Regulation & Policy

Australian FPSO cutting its ties to two oilfields after 26 years

As it continues to tick off items from its decommissioning list, a floating production, storage, and offloading (FPSO) vessel in the Timor Sea is severing its bonds with two oilfields off the coast of Australia, with a new milestone in its progress enabling it to remove the possibility of oil leakag

about 1 year ago

Regulation & Policy

Greece’s largest electricity transmission project starts operating

The Crete-Attica electrical interconnection, the largest electricity transmission project in Greece, has officially begun operating, with Crete now fully integrated into the national electricity system. With a budget of over €1.1 billion, the cable link connects the Attica region on the Greek mainla

about 1 year ago

Regulation & Policy

Equinor gets go-ahead for drilling ops with COSL rig

Equinor has secured a drilling permit for an exploration well in the Norwegian sector of the North Sea, which will be drilled with a semi-submersible rig owned by COSL Drilling Europe.

about 1 year ago

Regulation & Policy

Estonia becomes ‘one of Europe’s first countries’ offering aid scheme for green retrofitting

The government of Estonia has unpacked a €25 million grant aimed at supporting the reconstruction and greening efforts of passenger and cargo ships, tugboats, as well as other port and auxiliary vessels in domestic ports. The grant, enacted by Estonia’s Minister of Infrastructure, Kuldar Leis, is en

about 1 year ago

Regulation & Policy

ABS greenlights ‘first-of-its-kind’ LCO2 barge design

The American Bureau of Shipping (ABS) has granted its stamp of approval to compatriot Overseas Shipholding Group (OSG) for a preliminary design of a liquefied carbon dioxide (LCO2) barge. As disclosed, Overseas Shipbuilding, the parent company of marine carbon transport and storage provider Aptamus

about 1 year ago

Regulation & Policy

Vietnamese oil platform undergoing decommissioning catches fire (Video)

A fire has broken out at a platform offshore Vietnam operated by Vietnam Oil and Gas Operating Company (PVEP POC).

about 1 year ago

Regulation & Policy

EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen

The European Commission and the UK have reached a Common Understanding that outlines a renewed agenda for cooperation, with a focus on maritime security and safety, as well as new energy technologies such as hydrogen and carbon capture, utilization and storage (CCUS), among other things. In view of

about 1 year ago

Regulation & Policy

FMC launches probe into international flagging practices

The Federal Maritime Commission (FMC) has decided to conduct a nonadjudicatory investigation aimed at determining whether some foreign governments’ vessel flagging regulations and practices create “unfavorable” shipping conditions for the United States. Specifically, the commission plans to examine

about 1 year ago

Regulation & Policy

With two milestones passed, Greece to launch its largest electricity transmission project end of month

The largest electricity transmission project in Greece is nearing official start-up as two critical milestones have been reached, according to the Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE). With a budget of over €1.1 billion, the Crete-Attica el

about 1 year ago

Regulation & Policy

EMSA to assist EU in implementing maritime decarbonization measures

The European Council and the European Parliament have reached a provisional political agreement aiming at aligning “more accurately” the mandate of the European Maritime Safety Agency (EMSA).

about 1 year ago

Regulation & Policy

Wilson Sons achieves 80% emission cut via renewable energy

Brazilian shipping player Wilson Sons has marked a new decarbonization milestone, having managed to slash greenhouse gas (GHG) emissions at its Rio Grande Container Terminal using 100% renewable energy. As disclosed, Wilson Sons’ effort was recognized via an International Renewable Energy Certificat

about 1 year ago