NeonHorizon

The Role of Big Vessels in Offshore Wind Turbine Installation The offshore wind industry has seen a significant increase in the use of big vessels to install wind turbines, marking a new era in the development of renewable energy. These vessels, designed to handle the largest wind turbines currently being deployed globally, are capable of…

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US President Joe Biden’s Plans to Limit Offshore Oil Drilling US President Joe Biden is planning to block more offshore oil drilling as part of his efforts to address climate change and reduce the country’s reliance on fossil fuels. According to a recent article, this move is expected to have a significant impact on the…

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Finland’s Power Grid Operator Seeks to Seize Tanker Over Cable Damage The Finnish power grid operator, Fingrid, has filed a lawsuit against a tanker vessel, the “Lion’s Pride”, in an effort to seize the ship due to alleged damage caused to the country’s power grid cables. According to reports, the tanker collided with a buoy…

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Russia Sets New Arctic Shipping Record: A Milestone in Maritime Trade Russia has achieved a significant milestone in its efforts to expand its maritime trade and economic influence in the Arctic region, setting a new record for Arctic shipping in 2024. According to a recent report, the country transported a total of 38 million tons…

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Mozambique Grapples with Political Unrest, Disrupting Maritime Operations Mozambique is currently facing significant political unrest following the disputed elections on 9 October. The instability has far-reaching consequences, affecting various sectors, including maritime operations. The disruption in maritime activities has raised concerns among industry stakeholders, highlighting the need for a stable and secure environment to facilitate…

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Urgent Call to Halt LNG Expansion Financing A recent report has shed light on the significant investments made by banks into the largest LNG developers and terminals, sparking concerns among industry experts and environmental organizations. The findings highlight the need for a more sustainable approach to energy production and the importance of responsible financing practices.…

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Fueleu Maritime Takes Effect: Shipping Industry Faces Historic Emissions Challenge As of January 1, 2025, Fueleu Maritime has taken effect, marking a significant milestone in the shipping industry’s transition to cleaner fuels. This new regulation aims to reduce greenhouse gas emissions from international shipping, which has been a major contributor to climate change. The implementation…

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IMO Secretary-General Sets Priorities for Shipping in 2025 The International Maritime Organization (IMO) has set its priorities for shipping in 2025, focusing on key areas that will impact the industry’s sustainability, safety, and efficiency. The main priorities for shipping in 2025 include sustainable shipping, digitalization, cybersecurity, maritime security, and environmental protection. The IMO aims to…

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Global LNG Exports Experience Slowest Growth Since 2015 Global LNG exports have grown at the slowest pace since 2015, raising concerns that prices could remain high until new supply meets growing demand. This slowdown in growth has significant implications for the maritime and industrial sectors, as LNG is a crucial component of the global energy…

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China’s Growing Presence in the Arctic: A New Era of Military and Security Developments China’s Arctic activities have become a significant focus of attention in recent years, particularly in a new report to Congress about the country’s military and security developments. In the decade since gaining observer status, China has made substantial strides in establishing…

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