The IMO’s regulation on the carbon intensity indicator (CII) that enters into force in 2023 has come under a lot of fire in the shipping industry as a regulation that could punish owners with poor vessel ratings on the grounds of factors that they cannot influence upon. The CII is aimed at supportin
Danish companies pursuing high sustainability objectives are urging the country’s government and politicians to maintain sustainability on top of their agenda. In a joint statement, signed by A.P. Møller – Mærsk, FLSmidth, Ørsted and Vestas, among others, the companies asked the government to contin
Equinor has received consent to use one of Floatel’s mobile accommodation units for an extended period at a North Sea field off Norway.
UK’s Unite the union has confirmed that over 300 offshore drilling and contract maintenance workers have backed strike action.
The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet. The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG c
Sharing space on vessels contributes to the reduction of transport emissions, increases competitiveness, and improves efficiency to cut costs, top shipping industry bodies told the European Commission, asking for the renewal of the Consortia Block Exemption Regulation (CBER). The regulation, which e
The business combination between Noble Corporation and Maersk Drilling has been completed, creating “a new and dynamic leader in offshore drilling.”
European shipowners, ports, the cruise sector, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders and port operators have joined forces and called on the Member States and the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in
Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.
UK government plans to accelerate various energy projects, including five oil and gas as well as several CCS, hydrogen, and offshore wind projects.
Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.
Ineos and its partners have made a final investment decision (FID) on the development of an oil and gas project in the Danish North Sea.
The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.
A broad coalition of 35 maritime companies supported by Transport and Environment NGO are urging the European co-legislators to add ships under 5,000 GT including offshore and service vessels into EU regulations targeting decarbonization of the shipping industry. A joint letter addressing the EU Par
