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Rules & Regulation

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MSC Washington
Rules & Regulation

MSC looking at LNG and methanol retrofits

Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their

about 3 years ago
Equinor unveils plan to invest over $1.4 bln in deepwater development
Rules & Regulation

Equinor unveils plan to invest over $1.4 bln in deepwater gas development

Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.

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about 3 years ago
Core Power
Rules & Regulation

Nuclear ships regulations to enter into force in UK on December 8

The UK is about to pass legislation on nuclear propulsion for merchant ships, closing a loophole in its maritime legislative system on a propulsion technology that is gaining a lot of attention in the shipping world as the potential pathway for slashing emissions. Namely, the UK Parliament is set to

about 3 years ago
WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying ops wind down
Rules & Regulation

WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying work wraps up

Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.

about 3 years ago
EU Parliament
Rules & Regulation

Shipping sector: EU ETS must adopt life-cycle approach on green fuels

Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter

about 3 years ago
How do things stand for the oil & gas industry in the wake of COP27?
Rules & Regulation

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 3 years ago
shipping BIMCO
Rules & Regulation

BIMCO’s CII clause says time charterers should bare the brunt of ships’ emissions

BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter

about 3 years ago
UK's oil and gas tax changes to 'hit industry hard', OEUK warns
Rules & Regulation

UK’s oil and gas tax changes to ‘hit industry hard’, OEUK warns

The UK offshore industry will be “hit hard” by the recent tax changes on oil and gas production, which threaten to drive out investors and drive up imports, leaving consumers increasingly exposed to global shortages, UK’s representative body for the offshore energy industry Offshore Energies UK (OEU

about 3 years ago
UK offshore workers down tools over pay dispute
Rules & Regulation

UK offshore workers down tools over pay dispute

UK’s Unite the union has confirmed that around 146 offshore workers have opted to take strike action due to a dispute over pay and benefits.

about 3 years ago
Alfa Laval PureSOx being assembled
Rules & Regulation

Safe Bulkers returns to Alfa Laval for more scrubbers

Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o

about 3 years ago
T&E: 84% of global shipping emissions could be slashed without ‘ineffective’ IMO
Rules & Regulation

T&E: 84% of global shipping emissions could be slashed without ‘ineffective’ IMO

Europe, China and US could decarbonise 84% of global shipping emissions and bypass the “ineffective” International Maritime Organization (IMO), a new study published by green group Transport and Environment (T&E) shows.

about 4 years ago
Orcadian Energy gets North Sea license extension
Rules & Regulation

Orcadian Energy gets North Sea license extension

The North Sea Transition Authority (NSTA) has granted oil and gas development company Orcadian Energy a one-year extension for license P2244, which contains the Pilot oilfield. The Second Term of the license was due to expire at the end of this November and has now been extended to the end of Novemb

about 4 years ago
Probe underway after worker suffers 'serious injury' on jack-up rig
Rules & Regulation

Probe underway after worker suffers ‘serious injury’ on jack-up rig

Norway’s safety regulator is investigating an incident involving “serious personal injury” on a jack-up rig, working in the North Sea.

about 4 years ago
UK operator to undergo investigation into license breach
Rules & Regulation

UK operator facing investigation into license breach

UK regulator North Sea Transition Authority (NSTA) has launched an investigation into an operator suspected of breaching one of its license conditions. The investigation will look into whether the licensee conducted a well test without consent and failed to provide timely notification of the complet

about 4 years ago