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Regulation & Policy

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Babcock wins LR’s nod for ammonia release recovery system
Regulation & Policy

Babcock wins LR’s nod for ammonia release recovery system

Babcock’s LGE business has received approval in principle (AiP) from the classification society Lloyd’s Register for its ammonia release recovery system, ecoVARSTM.

about 2 years ago
Maersk
Regulation & Policy

Maersk CEO: Global regulator must ensure price parity between green and fossil fuels

Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.

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about 2 years ago
Illustration; Source: Georgian State Electrosystem (GSE)
Regulation & Policy

TSO quartet moving forward with €3.5 billion subsea cable link between four countries to bring green energy to Europe

Four transmission system operators (TSOs) have pooled resources to create a joint venture (JV) company that will bring a subsea cable link between Azerbaijan, Romania, Georgia, and Hungary to life for a price tag of €3.5 billion, sending renewable electricity from the South Caucasus region straight

about 2 years ago
EU commits to highly awaited industrial maritime strategy
Regulation & Policy

EU commits to highly awaited industrial maritime strategy

The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.

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

Great Sea Interconnector running out of time: Two EU countries taking another crack at negotiations

Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.

about 2 years ago
CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV
Regulation & Policy

CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV

CB&I and Hanwha Ocean have received approval in principle (AiP) for the design of a cargo containment system and an 80,000 cbm liquid hydrogen (LH2) carrier from DNV.

about 2 years ago
Ertuğrul Gazi is Türkiye-flagged floating storage regasification unit (FSRU) for liquified natural gas; Source: BOTAŞ
Regulation & Policy

After ExxonMobil, Shell and TotalEnergies shake hands with BOTAŞ on 10-year LNG deals fueling Türkiye’s regional gas hub aspirations

Shell and TotalEnergies have sealed multi-year liquefied natural gas (LNG) deals with the Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 2 years ago
MT Suvarna Swarajya explosion: NGOs call for urgent reform in shipbreaking industry amid regulatory failures
Regulation & Policy

MT Suvarna Swarajya explosion: NGOs call for urgent reform in shipbreaking industry amid regulatory failures

The September 7 explosion on the oil tanker MT Suvarna Swarajya in Bangladesh—which claimed the lives of six people with four still in critical condition—has brought to light the lack of adequate international and national regulations, oversight and labor rights protections in the shipbreaking indus

about 2 years ago
PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP
Regulation & Policy

PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP

Bureau Veritas (BV) has granted approval in principle (AiP) to PONANT for its new twin-screw sailing passenger vessel concept Swap2Zero.

about 2 years ago
A vessel sailing
Regulation & Policy

Japanese duo’s FPSO and FSO repair method becomes ABS-certified

Japan’s MODEC and Toray Industries have received what they say is the first of its type approval from the American Bureau of Shipping (ABS) for their process for in-situ ship repairs of floating production, storage, and offloading (FPSO) and floating storage and offloading (FSO) systems.

about 2 years ago
Joe Biden
Regulation & Policy

US unlocks nearly $300 million for modernization of ferry systems

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.

about 2 years ago
A view of a rocky coastline in the foreground and an offshore platform in the background
Regulation & Policy

Australian firm formally secures UK offshore license trio

Three new licenses awarded to ASX-listed Hartshead Resources as part of the UK’s oil and gas licensing round organized by the country’s regulator, the North Sea Transition Authority (NSTA), have been fully executed.

about 2 years ago
New alliance to work on offshore ammonia cracking solution
Regulation & Policy

New alliance to work on offshore ammonia cracking solution

Amogy, HD KSOE, POSCO, Seoul National University (SNU) and ABS have partnered up to jointly explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

about 2 years ago