
Law & Regulation
Keep informed with daily analysis and insight into the regulatory landscape and legal issues for shipping; be proactive in adapting your organisation to meet new requirements and identify risks to your business model through our expert coverage

Looming EU shipping sanctions raise enforcement concerns
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

Panama Canal draught restrictions could cut boxship loads by 40%
Ships planning to transit at or near maximum authorised draught should factor in possibility of further reductions during the waiting period, marine mutual warns

Shipping skips over short-term struggles in favour of long-term aspirations
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

AMSA bans second vessel in a week
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

UK minimum wage law could catch shipowners unawares, WFW warns
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

Green ammonia needs $200 carbon tax to be competitive
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

The Lloyd’s List Podcast: Is the industry moving fast enough?
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

John Kerry calls on IMO to set 2030 targets
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

Technology and financing no longer seen as barriers to shipping’s decarbonisation
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

Economou calls for flawed CII to be scrapped
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

IMO and EU eye convergence of regional and global regulation
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

Singapore and Australia to set up green corridor by end of 2025
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

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

AMSA bans Wisdom Marine bulker for three months
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

Shell rules out ammonia — for now — as alternative marine fuel in decarbonisation report
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’

Seatrium under investigation by Singapore anti-corruption bureau
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
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