Nigeria told the IMO a state’s exclusive economic zones enjoyed the same status as the high seas when it came to suppressing piracy, comments likely to be welcomed by countries thinking of sending warships to help fight piracy in the Gulf of Guinea
Facing pressure from developing nations to find a different financing mechanism, industry lobbies insist that collecting $2 per tonne of fuel consumed from each ship is the best way to develop a decarbonisation R&D fund
Forthcoming International Maritime Organization efficiency rules will drive more interest in biofuels, which could help bridge the gap to decarbonisation. But their price, regulation and handling difficulties mean this will not be an easy task
Some of the most powerful voices in shipping are among the most heavily invested in liquefied natural gas as a marine fuel, but the pathway for LNG as a transitional option is far from clear. With the World Bank now urging an end to public policy support for LNG as a bunker fuel and pushing for methane emissions regulations, this month’s edition of the Maritime Markets Outlook examines the implications for those LNG cheerleaders already exposed and analyses the rapidly changing dynamics of transitional fuelling options for shipping
Companies must accept that decarbonisation is another component they need to incorporate in their business model. To do that successfully they need to practise ‘sustainability applied’
It’s still far from a done deal. Yet if it does come off, it will mark a decent boost to tonne-mile demand for tanker operators in a political position to accept the stems. That won’t be most
European shipowners urged the EU to help lift living and working standards at South Asian beaches, rather than trying to force owners to use costlier European yards. They call for a bilateral deal so compliant yards can join the bloc’s green list
The dire situation for Indian seafarers has prompted charities and leading industry players to set up an emergency relief fund. This initiative reflects an urgent need for shipping to think as one
Tailback ships remained on-hire, while routing round the Cape of Good Hope did constitute deviation and charterers will have no right to laycan damages, according to preliminary analysis from law firm
Industry groups defend Maersk’s record on shipbreaking after Danish government says it will investigate the reflagging and recycling of four ships at Alang, India
Bureau Veritas is gathering expertise from across the business to explore safety and sustainability issues beyond the confines of maritime
The World Shipping Council has slammed the ‘defeatist approach’ of environmental groups. The latter have called on industry bodies to drop their pursuit of a research and development fund and asked them instead to support a $100 carbon levy on ships
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