Regulations & Policy
ABS to establish and maintain US Center for Maritime Innovation
The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation under a five-year cooperative agreement.
MEPC 82 brings net-zero framework closer to reality as crucial 2025 session approaches
Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it
Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service
Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t
ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2
Imodco, a part of the SBM Offshore group, has been awarded approval in principle (AiP) by the classification society ABS for the use of its Tower Loading Unit (TLU) and Catenary Anchor Leg Mooring (CALM) Soft Yoke systems for ammonia and also for CO2 injection.
ESPO, FEPORT: EU-wide tax exemption for onshore power supply is necessary
The European Sea Ports Organisation (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) are calling for an EU-wide mandatory tax exemption for onshore power supply (OPS) in the compromise text on the revised Energy Taxation Directive (ETD).
World Maritime Day 2024: steering toward a safer future amid rapid maritime transformations
As the maritime community prepares to navigate the waters of change, 2024’s World Maritime Day, celebrated on September 26, has brought the theme “Navigating the future: safety first” to the forefront, spotlighting the significance of safety at sea in an era of considerable transformations and new r
Navigating change: FuelEU, EU ETS could propel bio- and e-methanol into the marine fuel spotlight
The EU’s FuelEU Maritime and the EU Emissions Trading System (EU ETS) could create a level playing field for bio- and e-methanol, making eco-friendly fuels economically competitive compared to fossil marine fuels, a new white paper by the trade association Methanol Institute suggests. With significa
European shipowners: Shipping should be given ‘priority access’ to clean fuels
Reflecting on the recently published Draghi report, European Community Shipowners’ Associations (ECSA) have presented in a position paper their recommendations to support the uptake of clean fuels in shipping.
ABS approves two new autonomous technologies for ammonia-fueled ships
ABS has approved two new autonomous technologies for ammonia-fueled ships from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI).
It’s time for the IMO to recognize wind propulsion
The International Maritime Organization (IMO) has been urged to agree on a strong revision of the Carbon Index Indicator (CII), a global fuel standard that allows for the uptake of wind propulsion, and an ambitious levy to ensure the shipping industry reaches decarbonization targets.
Threefold approach needed for maritime decarbonization
A three-pronged approach would be required for the shipping industry to deliver the International Maritime Organization’s (IMO) decarbonization targets, according to Seas at Risk, an umbrella organization of environmental NGOs promoting policies for marine protection.
Babcock wins LR’s nod for ammonia release recovery system
Babcock’s LGE business has received approval in principle (AiP) from the classification society Lloyd’s Register for its ammonia release recovery system, ecoVARSTM.
Maersk CEO: Global regulator must ensure price parity between green and fossil fuels
Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.
DNV okays HMD’s 60,000 cbm LPG/NH3/VCM carrier design
South Korean shipbuilder HD Hyundai Mipo Dockyard (HMD), a subsidiary of HD Korea Shipbuilding & Offshore Engineering (HD KSOE), has obtained approval in principle (AiP) from classification society DNV for its innovative 60,000 cbm LPG/NH3/VCM carrier design.