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Illustration; Source: Offshore Energies UK (OEUK)

Rules & Regulation

UK’s new guidance sheds light on North Sea oil & gas game as application window opens

In the wake of a Supreme Court ruling, marking the first inclusion in Britain’s history of greenhouse gas (GHG) emissions from the combustion of oil and gas in environmental impact assessments (EIAs) for hydrocarbon extraction projects, the United Kingdom (UK) set out to create a new environmental g

about 1 year ago

Rules & Regulation

Op-ed: Shipping’s new net zero framework: Where to next?

Real momentum is building behind the global shipping industry’s transition towards a zero-emission future.

about 1 year ago

Rules & Regulation

Gasum adds new offtaker to FuelEU Maritime pooling service

Swedish forest company SCA has teamed up with Nordic energy player Gasum to use its liquefied biogas pooling service as a way of complying with the EU maritime emissions regulation.

about 1 year ago

Rules & Regulation

HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships

The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator

about 1 year ago

Rules & Regulation

Norway: Northern Lights approved for CO2 storage expansion

The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per

about 1 year ago

Rules & Regulation

Leclanché receives type approvals for its marine energy storage system

Leclanché SA has received type approval certificates from Lloyd’s Register (LR) and Bureau Veritas (BV) for its Navius MRS-3 marine rack system.

about 1 year ago

Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate

Rules & Regulation

New North Sea CO2 storage exploration permit has Equinor’s name on it

Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

about 1 year ago

Nova Innovation's floating solar units (Courtesy of Nova Innovation)

Rules & Regulation

Nova Innovation secures triple ISO certification for management systems

Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’

about 1 year ago

Rules & Regulation

NGOs urge countries to include shipping emissions in national Paris climate plans

Non-governmental organizations Opportunity Green, Seas At Risk and Transport & Environment have called on states to include their shipping emissions in their national climate plans under the Paris Agreement.

about 1 year ago

Rules & Regulation

New BIMCO clause to target legal uncertainty from US tariffs on China-linked vessels

Denmark-headquartered shipping association BIMCO has kick-started the development of a standard industry clause that would tackle the contractual uncertainties brought on by the United States Trade Representative’s (USTR) Notice of Actions to impose tariffs on Chinese-related vessels calling US port

about 1 year ago

Rules & Regulation

French stakeholders endorse national pact to accelerate wind propulsion in shipping

A proposal, which aims to legally recognize wind-assisted propulsion solutions (WAPS) as a means to decarbonize shipping, has been submitted to the National Assembly of France. As disclosed, the bill has been signed by 50 members of the National Assembly and backed by dozens of maritime industry sta

about 1 year ago

Rules & Regulation

ABS gives the all-clear for KNCC’s 40,000 cbm LCO2 carrier

Knutsen NYK Carbon Carriers (KNCC), an arm of Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK) and Norway’s vessel operator Knutsen Group, has been given the thumbs up from classification society American Bureau of Shipping (ABS) for its 40,000 cbm liquefied carbon dioxide (LCO2) carrier d

about 1 year ago

Rules & Regulation

Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the fu

about 1 year ago

Rules & Regulation

Sweden moves to widen dragnet on Russia’s shadow fleet

The Swedish government has decided to draw the net tighter around vessels sailing under international flags as part of its action targeting Russia’s so-called ‘shadow fleet’. As disclosed, the measures, set to enter force from July 1, 2025, tighten control of foreign ships by requiring them to provi

about 1 year ago