This article provides an overview of the legal issues related to the maritime recovery of reusable rockets, which is an emerging practice in the commercial space industry. It summarizes the current state of the space economy, the sources of space law in the U.S., and the regulations affecting the waters and the vessels involved in the recovery operations.Continue Reading Recovering rockets at sea: the intersection of space law and maritime law
Offshore wind farms: Climate commitments and challenges in the U.S.
International obligations: climate change
At a United Nations climate conference in late 2023, participants championed the successes of climate commitments in previous years. Nevertheless, there was consensus that not enough action has occurred to enable participants to meet the goals of the Paris Agreement in 20151. This agreement set ambitious goals relating to
Big waves: global autonomous ships market on the rise
International shipping has the potential to undergo an evolution with developments in autonomy—these developments present opportunities to both increase safety and reduce risk to vessel operations. Zulu Associates, a Belgian company which describes itself as an innovator in marine logistics and focusses on smaller vessels, expects to put small autonomous container ships into the English Channel or Southern North Sea by 2026. In an interview with TradeWinds, the CEO of Zulu Associates, Antoon Van Coillie, indicated that shipping insurance markets are cognizant of autonomous systems and ships. He asserted that financing would not be an unsurmountable barrier, since financial institutions are especially interested in vessel sustainability.
In 2021, the global autonomous ships market had a revenue share of over 89 million USD, and is projected to grow at a compound annual growth rate of 6.81% through 20311.Continue Reading Big waves: global autonomous ships market on the rise
The answer is investing in the wind – Joint ventures in offshore wind
The world economy is shifting towards clean renewable energy sources, particularly offshore wind projects. This presents a significant investment opportunity for those interested in associated shipping assets. Here are some important reasons to consider joint ventures and investments in this sector.
Continue Reading The answer is investing in the wind – Joint ventures in offshore wind