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Regulations & Policy

New BIMCO clause to target legal uncertainty from US tariffs on China-linked vessels

Denmark-headquartered shipping association BIMCO has kick-started the development of a standard industry clause that would tackle the contractual uncertainties brought on by the United States Trade Representative’s (USTR) Notice of Actions to impose tariffs on Chinese-related vessels calling US port

about 1 year ago

Regulations & Policy

French stakeholders endorse national pact to accelerate wind propulsion in shipping

A proposal, which aims to legally recognize wind-assisted propulsion solutions (WAPS) as a means to decarbonize shipping, has been submitted to the National Assembly of France. As disclosed, the bill has been signed by 50 members of the National Assembly and backed by dozens of maritime industry sta

about 1 year ago

Regulations & Policy

BIMCO’s new clause to support biofuel use in time charters

Shipping association BIMCO has formed a new subcommittee to develop a Biofuel Clause for Time Charter Parties in a bid to address the legal and operational challenges stemming from the growing use of biofuels in shipping.

about 1 year ago

Regulations & Policy

ABS gives the all-clear for KNCC’s 40,000 cbm LCO2 carrier

Knutsen NYK Carbon Carriers (KNCC), an arm of Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK) and Norway’s vessel operator Knutsen Group, has been given the thumbs up from classification society American Bureau of Shipping (ABS) for its 40,000 cbm liquefied carbon dioxide (LCO2) carrier d

about 1 year ago

Regulations & Policy

Sweden moves to widen dragnet on Russia’s shadow fleet

The Swedish government has decided to draw the net tighter around vessels sailing under international flags as part of its action targeting Russia’s so-called ‘shadow fleet’. As disclosed, the measures, set to enter force from July 1, 2025, tighten control of foreign ships by requiring them to provi

about 1 year ago

Regulations & Policy

Construction set to begin on ‘Baltic States’ first’ hydrogen station at Klaipėda Port

A construction permit has been granted for a new hydrogen production and refueling station at the Port of Klaipėda in Lithuania.

about 1 year ago

Regulations & Policy

Past estimates missed true scope of EU shipping’s Arctic climate impact, report says

The climate impact of European shipping in the Arctic region may be far larger than once believed due to past assessments focusing solely on EU-flagged vessels, a new study has found. According to a study titled “Black carbon and CO2 emissions from EU-regulated shipping in the Arctic” by the Interna

about 1 year ago

Regulations & Policy

Report: IMO’s NZF tilts future in favor of ammonia DF ships, leaves near-term path in limbo

The International Maritime Organization’s Net Zero Framework (NZF) gives ammonia dual-fuel ships a mid-2030s edge—but the near-term race is still wide open and riddled with uncertainty, a new report has highlighted. According to a study done by the UK’s UCL Energy Institute Shipping, UMAS and Oceans

about 1 year ago

Regulations & Policy

E-fuels hold the key to shipping’s 2040 goals but not without push

IMO’s new policy measures are ambitious enough to drive a transition to scalable zero-emission fuels but will ultimately only succeed if they include meaningful rewards and, over time, higher penalties for non-compliance, a new insight brief found.

about 1 year ago

Regulations & Policy

EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen

The European Commission and the UK have reached a Common Understanding that outlines a renewed agenda for cooperation, with a focus on maritime security and safety, as well as new energy technologies such as hydrogen and carbon capture, utilization and storage (CCUS), among other things. In view of

about 1 year ago

Regulations & Policy

EMSA to assist EU in implementing maritime decarbonization measures

The European Council and the European Parliament have reached a provisional political agreement aiming at aligning “more accurately” the mandate of the European Maritime Safety Agency (EMSA).

about 1 year ago

Regulations & Policy

EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet

The European Council has adopted the 17th Russia sanctions package including almost 200 shadow fleet vessels and a Russian oil giant.

about 1 year ago

Regulations & Policy

MAN ES’ dual-fuel, methanol-ready GenSet passes type approval test

MAN Energy Solutions (MAN ES) has passed the type approval test (TAT) of its MAN L35/44DF engine for use as an auxiliary GenSet and for electric propulsion, operating at constant speeds of 720 and 750 rpm, respectively.

about 1 year ago

Regulations & Policy

FuelEU Maritime: More expense or €250M gain for shipping?

Instead of acting solely as a cost driver, the FuelEU Maritime regulation could create a net financial gain, potentially around €250 million, according to a recent analysis by maritime data and compliance firm OceanScore.

about 1 year ago