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Regulations & Policy

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DNV
Regulations & Policy

GSBN, DNV team up on verified data sharing in a major push for decarbonization

Global Shipping Business Network (GSBN), an independent non-profit technology consortium, has signed a Memorandum of Understanding (MoU) with the DNV classification society. The partnership aims to promote decarbonization and accelerate the adoption of alternative fuels by enabling the trusted shari

about 2 years ago
Damen
Regulations & Policy

Dutch govt, maritime sector pledge €60 million to turbocharge shipbuilding innovation

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The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint

about 2 years ago
GTT, Deltamarin win LR’s AiP for LNG dual-fuel VLCC design
Regulations & Policy

GTT, Deltamarin win LR’s AiP for LNG dual-fuel VLCC design

French containment specialist GTT and Finnish firm Deltamarin have obtained approval in principle (AiP) for the design of a liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) from classification society Lloyd’s Register (LR).

about 2 years ago
Finland pledges funding for IMO-GreenVoyage2050 project
Regulations & Policy

Finland pledges funding for IMO-GreenVoyage2050 project

The Government of Finland has pledged funding worth €150,000 to the IMO-GreenVoyage2050 project which supports developing countries in their efforts to reduce Greenhouse Gas (GHG) emissions from ships and in ports.

about 2 years ago
Rystad Energy says ramp up of investments needed to meet net-zero targets, despite snowball effect of CCS to build over 10 times by 2030
Regulations & Policy

Northern Lights CEO: We are making CCS viable

The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide

about 2 years ago
Value Maritime
Regulations & Policy

JR Shipping marks 10th Filtree installation in carbon capture milestone

Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged

about 2 years ago
SABRE
Regulations & Policy

Singapore shortlists six consortia for ammonia project

Six consortia have been shortlisted by the Energy Market Authority (EMA) and Maritime and Port Authority of Singapore (MPA) for Singapore’s ammonia power generation and bunkering project on Jurong Island. The selected proposals will advance to the next stage of development through a closed Request f

about 2 years ago
In focus: Hydrogen and CCS – silver bullet or cog in energy transition machine?
Regulations & Policy

In focus: Hydrogen and CCS – silver bullet or cog in energy transition machine?

As the world turns its attention toward a new/old conflict arising in the Middle East, offshore energy players are seeking new ways to curb climate change and bring us closer to a mellifluous cleaner, greener future. The energy transition process is moving ahead with each passing day but there is no

about 2 years ago
Euronav
Regulations & Policy

Decarbonization in shipping: More than fuel, it’s an attitude

The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, Genera

about 2 years ago
Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore
Regulations & Policy

Mittal: Shipowners need to start locking in long-term supply of green fuels

In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se

about 2 years ago
Michael Parker
Regulations & Policy

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

about 2 years ago
The ‘carrot’ needs to be more ‘attractive’ to accelerate energy transition
Regulations & Policy

The ‘carrot’ needs to be more ‘attractive’ to accelerate energy transition

The conversation surrounding the global energy transition is at a pivotal juncture, with a clear need to expedite the process. The process centers on the delicate balance between the “carrot” and “stick” principle – incentivizing green energy investments while making fossil fuels less attractive thr

about 3 years ago
Damen
Regulations & Policy

Damen gets class and flag state approval for methanol-fueled workboats

Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r

about 3 years ago
European Commission ends shipping consortia antitrust exemption
Regulations & Policy

European Commission ends shipping consortia antitrust exemption

The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The

about 3 years ago