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Regulation & Policy

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Maersk
Regulation & Policy

Industry first: Maersk’s climate targets validated by SBTi under new guidance

Danish shipping and logistics major A.P. Moller – Maersk has become the first company from the maritime sector to have its greenhouse gas (GHG) emissions targets validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris Agreement.

about 2 years ago
EET Hydrogen, UK Government enter final talks on Ellesmere hydrogen plant
Regulation & Policy

EET Hydrogen, UK Government enter final talks on Ellesmere hydrogen plant

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Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has signed a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its flagship HPP1 low-carbon hydrogen plant in Ellesmere, entering final negotiations concerning the project, with a final decision expe

about 2 years ago
Germany and Algeria boost cooperation with new hydrogen pact
Regulation & Policy

Germany and Algeria boost cooperation with new hydrogen pact

Germany and Algeria have signed a declaration of intent to establish a bilateral hydrogen task force as part of their energy partnership. Furthermore, there are plans for a hydrogen pilot plant installation. According to the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the

about 2 years ago
Illustration; Source: DNV
Regulation & Policy

DNV carries out overhaul of ‘go-to standard’ for oil & gas, subsea, and offshore wind ops

DNV has taken steps to undertake a significant revamp of the standard used for the design and planning of marine operations.

about 2 years ago
Illustration; Source: Terna
Regulation & Policy

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place

Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

about 2 years ago
Plans for ammonia import terminal in Hamburg port gain ground
Regulation & Policy

Plans for ammonia import terminal in Hamburg port gain ground

Hamburg-based energy company Mabanaft has hit a new milestone in the progress of its planned ammonia import terminal in the Port of Hamburg with the scoping meeting held as part of the approval process. The meeting was completed on January 30 in the run-up to the approval procedure for the construct

about 2 years ago
Special purpose company established for potential Greek-Saudi electricity interconnector
Regulation & Policy

Special purpose company established for potential Greek-Saudi electricity interconnector

Greece and Saudi Arabia have officially established a special purpose company for exploring the feasibility of an electricity interconnector between the two countries. The special purpose company Saudi Greek Interconnection was established by the Greek electricity grid operator Independent Power Tra

about 2 years ago
Courtesy of the European Commission; Credit: Mauro Bottaro
Regulation & Policy

CCS, nuclear come under fire as EU sets 2040 climate goals, broadens scope of Net-Zero Industry Act

The European Council and Parliament reached a provision deal on Tuesday, February 6, on the ‘net-zero industry act’ (NZIA), a regulation that establishes a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem. The regulation aims at boosting the indus

about 2 years ago
Ariane
Regulation & Policy

World’s first sailing hybrid industrial ship debuts with Ariane 6′ upper stage

The first flight model of the European next-generation rocket Ariane 6’s upper stage has been loaded onto Canopée, the world’s first wind-powered hybrid industrial cargo ship.

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Regulation & Policy

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
Viking Line ports of stockholm
Regulation & Policy

Viking Line, Ports of Stockholm and Turku eye carbon-neutral corridor by 2035

Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal

about 2 years ago
Estonian State Fleet
Regulation & Policy

Hydrogen fuel-cell ferry wins LR’s AIP

The Estonian State Fleet has won Approval in Principle (AIP) from Lloyd’s Register (LR) for a hydrogen fuel-cell ferry designed by Finnish ship design and engineering company Deltamarin. As part of the certification, LR approved the current stage of the design process to be suitable for further desi

about 2 years ago
Green light for Italy's €1.3 billion, 1 GW submarine power line
Regulation & Policy

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago
Höegh LNG settles disputes with charterer of PGN FSRU Lampung
Regulation & Policy

Höegh LNG settles disputes with charterer of PGN FSRU Lampung

Bermuda-based owner and operator of LNG carriers and FSRUs Höegh LNG has provided an update stating that the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lambung, which is serving Pertamina’s Perusahaan Gas Negara (PGN) off Indonesia, have been settled. In a

about 2 years ago