New York released a new offshore wind solicitation on Thursday to keep the state on track to meet its renewable energy goals and support a nascent industry that has faced financial trouble in recent months.Offshore wind is expected to play a major role in New York's plan to reduce carbon emissions by getting 70% of the state's electricity from renewable sources by 2030.
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said on Tuesday.Japan, the world's second-largest liquefied natural gas (LNG) buyer, relies on LNG as a transition fuel before it reaches carbon neutrality in 2050
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers.
The United States commissioned a warship in Sydney, Australia, on Saturday, the first time a U.S. Navy vessel joined active service at a foreign port, as the two close allies step up their military ties in response to China's expanding regional reach.The Independence-class littoral combat ship USS Canberra (LCS-30)—named after a Royal Australian Navy cruiser that was sunk while supporting the U.S.
Germany found traces of subsea explosives in samples taken from a yacht that it suspects "may have been used to transport the explosives" to blow up the Nord Stream gas pipelines, it told the U.N. Security Council in a letter with Sweden and Denmark.A series of unexplained explosions hit the Nord Stream 1 and 2 pipelines connecting Russia and Germany under the Baltic Sea last September in the
The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a week after the country was added to an international watch list.Panama's ships registry was last week added to the "grey list" of the Paris Memorandum of Understanding (MOU)
A boat carrying about 500 migrants, including a newborn baby and pregnant women, has disappeared in the central Mediterranean, two charities said on Friday. Alarm Phone, a group that picks up calls from migrant vessels in distress, said it lost contact with the boat on Wednesday morning.
The U.S. Navy on Wednesday sent an uncrewed surface vessel (USV) through the Strait of Hormuz as it ramps up its use of high-tech unmanned assets for patrols and monitoring at sea.The transit was reportedly the Navy's fist for a USV through the busy and strategically important strait, demonstrating the continued operational integration of unmanned and artificial intelligence systems by U.S.
EU countries on Thursday reached a preliminary agreement to reduce greenhouse gas emissions in the maritime sector by increasing the use of renewable fuels on ships.The deal aims to put maritime transport on the path towards meeting the EU's climate goals in 2030 and 2050, by increasing reduction targets for emissions from energy used on ships and introducing measures to encourage the use of
Container shipping firms MSC Mediterranean Shipping Company (MSC) and Maersk have mutually agreed to terminate, effective in January 2025, their 2M alliance.2M is a container shipping line vessel sharing agreement (VSA) introduced in 2015 " with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses.Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance clients on Jan. 1, giving them the first opportunity to scale back exposure since the war in Ukraine started
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity sanctioned year to date (YTD).