DP World and Russian state nuclear company Rosatom will form a joint venture to help manage development of the NSR, saying it will lower shipping emissions

Trade and environment groups were left frustrated at delays over climate rulemaking after the International Maritime Organization’s environment talks ended with the adoption of already-agreed efficiency rules, but little hint of agreement on more divisive carbon measures

The Marine Environment Protection Committee signed off on a ban on the use and carriage of heavy fuel oil in Arctic waters from 2024. Green groups say it has too many loopholes to achieve much

Arctic groups are calling on countries at the International Maritime Organization to do more to protect the Arctic region as they meet this week to finalise a ban on heavy fuel oil in the region, which will come into full force only in mid-2029

The offshore services division supplying shuttle tankers and ice-supply vessels for Arctic oil and gas projects nearly surpassed tanker earnings as company pivots to transport for national oil projects

Azipod propulsion, which was the result of collaboration between a technology provider, a shipyard and a vessel operator, is now an important element in shipping’s push for improved efficiency