The Panama Ship Registry administered by the Panama Maritime Authority (AMP), for the first time, has become eligible for “Qualship 21 Program”, which has been in existence for more than twenty years. This represents a milestone for the Panama Ship Registry and demonstrates the institution´s effort and its human resources in changing working methods and …
Imagine that your house is on fire, and you call the fire brigade. The person on the other end of the phone takes note and promises to put it out next week. This is exactly the approach that Europe has adopted in setting decarbonisation goals for international shipping. This summer, the International Maritime Organisation (IMO) …
T&E: Europe goes from leader to laggard in tackling shipping’s climate impact Read More »
Baseblue, the global marine energy solution provider, recently hosted a successful conference titled “The Future of Bunkering 2023 and Beyond” as part of the 10th East Med Expo. The conference featured expert panels and discussions on the role of bunkering in the transition towards a sustainable future, with a particular focus on alternative fuels. The …
Baseblue Conference Explores the Future of Bunkering and Alternative Fuels Read More »
On 18 April 2023, the EU Parliament adopted the reform of the EU ETS. As key points, the reform includes stricter requirements for installations already subject to the EU ETS (“ETS I”), the gradual inclusion of maritime transport in ETS I from 2024 and a new emissions trading system (“ETS II”) for the buildings, road …
Watson Farley & Williams (“WFW”) has advised Bulk Shipping S.r.l. (“Bulk Shipping”), a special purpose vehicle of DeA Capital Alternative Funds SGR S.p.A., on the sale of the bulk carrier “Liberty K” to Oasea Maritime Co. (the “buyers”). The Liberty K vessel, which was acquired by Bulk Shipping as part of a restructuring agreement with …
WFW advises Bulk Shipping on sale of M/v “Liberty K” Read More »
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. Image credit CSSC/Jiangnan Shipbuilding This marks a significant milestone for the shipbuilding industry, as the 93,000 cubic meter VLGC is the largest VLGC in the world. The vessel, …
Offshore drilling contractor Shelf Drilling has been awarded a new contract for one of its jack-up rigs by Norway’s Equinor for operations on a field located on the Norwegian Continental Shelf (NCS). Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor Shelf Drilling revealed on Friday, 28 April 2023, that a subsidiary …
Shelf Drilling secures work in Norway for recently acquired jack-up rig Read More »
The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. Image by Corepower The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming from Japanese backers. The milestone comes at a …
Core Power breaches funding milestone of $100 million Read More »
Canadian naval architectural company Robert Allan and Turkish shipbuilder and tugboat operator Med Marine have signed a Memorandum of Understanding (MoU) to design electric and hybrid tugs. Credit: Med Marine As disclosed, the agreement was signed in Istanbul on 24 March this year. Specifically, the partners will work on VoltRA series of tugboats. Med Marine named its …
Med Marine and Robert Allan to design hybrid, electric tugboats Read More »
DNV has started a joint industry project (JIP) to increase certainty in the design process for offshore wind farms challenged by earthquakes. DNV GL The so-called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) project and will deeply investigate issues related to earthquakes that were not conducted in the first …
DNV kicks off JIP to address earthquake challenges for wind farms Read More »
