Regulations & Policy
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo
Readers’ choice: Offshore Energy’s most-read news in 2025
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor
Given the growing zest for specific routes where vessels employ low-emission propulsion, a new study has assessed the technical and commercial feasibility of introducing a green shipping corridor between Newcastle and Amsterdam.
IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization
The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned
Gasum’s FuelEU Maritime pool another vessel richer as Tallink turns to bio-LNG
Gasum, a Nordic gas sector and energy market player, has struck a pooling and liquefied biomethane (bio-LNG) deal with Elenger, said to be the largest privately owned energy company in the Baltic-Finnish region and Tallink’s fuel provider. This enables a shuttle vessel to run on bio-LNG and yield ad
Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek
South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-ne
European maritime and nuclear players ink strategic cooperation agreement
France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration o
CMA CGM: Ten 24,212 TEU LNG dual-fuel boxships to fly French flag
Ten yet-to-be-delivered 24,212 TEU liquefied natural (LNG) dual-fuel vessels will be added to the French flag, French shipping and logistics giant CMA CGM Group revealed.
Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels
The Clean Arctic Alliance has welcomed the Nordic Council’s adoption of a resolution concerning polar fuels, which calls on Nordic governments to craft and implement a regulation that would mandate the application of cleaner, marine fuels that could cut black carbon emissions whilst operating in the
EU must act now to ensure access to clean fuels, industry players highlight
ECSA European Shipowners and Airlines for Europe (A4E) have once again urged the European Commission (EC) as well as national governments to “ensure bold action“ to speed up the availability of affordable clean maritime and aviation fuels and support production in Europe. As ECSA has reiterated in i
IMO delays adoption of shipping carbon tax in ‘might is right’ show
Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on October 17.
SBTi verifies ESL Shipping’s science-based net-zero targets
Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.
LR unpacks new guidance charting the path to nuclear propulsion at sea
The UK-based classification society Lloyd’s Register (LR) has issued new guidance aimed at offering the maritime industry its “first” roadmap for nuclear-powered shipping. Dubbed the “Navigating Nuclear Energy in Maritime”, the document reportedly offers a pathway for the “safe and responsible” use
Lloyd’s Register updates guidance on fuel cell installation on ships
Lloyd’s Register (LR) has released updated guidance on the installation of fuel cells on ships.