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
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
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.
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
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
Mexico setting the course for green shipping
The development of Mexico’s National Action Plan (NAP) for maritime decarbonization is officially underway, setting the course for a greener and more resilient shipping future, the International Maritime Organization (IMO) said.
ONE commits to green ship recycling as newest member of STRI
Singapore-based liner shipping player Ocean Network Express (ONE) has established a ship recycling policy and joined the Ship Recycling Transparency Initiative (SRTI) to showcase its “commitment to responsible practices and environmental stewardship”.
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.
Panama tightens grip on STS oil transfers in crackdown on Russia’s ‘shadow fleet’
The Panama Maritime Authority (PMA) has decided to strengthen the ship-to-ship (STS) oil transfer operation requirements for tankers flying the country’s flag to “shut the door” to Russia’s so-called shadow fleet. As disclosed, the decision was made to address two vital issues at once: the operation
ABS greenlights ‘first-of-its-kind’ LCO2 barge design
The American Bureau of Shipping (ABS) has granted its stamp of approval to compatriot Overseas Shipholding Group (OSG) for a preliminary design of a liquefied carbon dioxide (LCO2) barge. As disclosed, Overseas Shipbuilding, the parent company of marine carbon transport and storage provider Aptamus
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
FMC launches probe into international flagging practices
The Federal Maritime Commission (FMC) has decided to conduct a nonadjudicatory investigation aimed at determining whether some foreign governments’ vessel flagging regulations and practices create “unfavorable” shipping conditions for the United States. Specifically, the commission plans to examine
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).
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.