Shipping sanctions lawyers have already received several concerned calls from industry officials grappling with the prospect of an EU port ban for vessels thought to have engaged in deceptive ship-to-ship transfers or deliberately switched off their Automatic Identification System

Ships planning to transit at or near maximum authorised draught should factor in possibility of further reductions during the waiting period, marine mutual warns

Nor-Shipping has exposed the gap between what the industry is saying and what it is doing about decarbonisation in the short term. Opting to focus on future fuels and regulatory ambition, much of the debate has shied away from tackling the overwhelming lack of credible short-term, science-based targets attributed to the efficiency plans being showcased

Taiwan-owned vessel Babuza Wisdom was given a 90-day ban in the past week. The Australian Maritime Safety Authority says it has twice contacted the vessel’s operator, Briese Heavylift, to warn it about its poor performance and the potential consequences of further detentions

Companies whose vessels call in British ports 120 times a year or more face fines and exclusions unless they foot a $13-an-hour wage bill for work in UK waters

Stakeholders in the ammonia supply chain agreed that a carbon tax of at least $250 was needed to kick-start investment, as feedstock prices have created uncertainty around production costs

There is a visible gap between what the industry is saying it is doing about decarbonisation and what it is actually doing. But that oversimplifies the pace of a complicated set of transitions under way and the significant strides already taken by the front-runners pushing a progressive agenda, argue those behind the industry’s leading hubs for decarbonisation. Today’s edition of the podcast live from Norway challenges the naysayers and offers a compelling case for positivity

Shipping industry participants, as well as government officials, have been ramping up the pressure on the International Maritime Organization to set more ambitious goals at its key upcoming meeting in July

Shipping executives now view regulation as the key barrier that will need to be addressed to kick-start investment in alternative fuels as production of hydrogen-derived fuels will need to be scaled up to meet shipping’s demand

Shipowners have criticised IMO’s CII rules in a Nor-Shipping panel, while mostly supporting shipping’s inclusion in the EU ETS as executives suggest market-based measures are needed to make progress in the industry’s pathway to net zero

Increasingly positive signals from within the International Maritime Organization and European Union suggest that a deal could yet be brokered to align EU decarbonisation instruments with the IMO’s measures, if sufficiently robust agreements are met

The two countries have followed up on the the Green Shipping Cooperation initiative outlined in the Singapore-Australia Green Economy Agreement in October 2022. Maritime and Port Authority of Singapore and Australia’s Department of Infrastructure, Transport, Regional Development, Communications and the Arts are the lead agencies and will work closely with port operators, relevant jurisdictions and maritime and energy value chain stakeholders

Proposed new rules focus on improving and modernising maritime safety rules, while updating the European Maritime Safety Agency mandate

The vessel’s manager Well Shipmanagement has been identified as a poorly performing operator, with a fleet detention rate more than five times the average for ships visiting Australian waters. AMSA added that a review of other ships managed by the company found significant systemic failings and a trend of unacceptable performance

Oil major says liquefied natural gas is the leading near-term alternative fuel to replace heavy fuel oil, which along with methanol ‘preserves longer-term options’

It is unclear if the investigation is linked to a widespread corruption scandal in Brazil’s oil and gas sector dating back to the early 2000s in which both parties in the recently merged entity, Keppel Offshore and Marine and Sembcorp Marine, have previously been implicated. KOM has already paid almost $500m in fines to global authorities to settle the case