Firms in other countries using Ince & Co branding unaffected by developments in UK
Board of directors at country’s largest ferry operator remains largely as it was prior to shocking incident in which crew pushed passenger to his death
When it comes to bank lending for shipping there is still a dramatic gap between what is needed and what is being offered. The global fleet has increased 40% over the past 15 years, but bank lending has reduced by 40% during the same period. This special edition of the Lloyd’s List Podcast convenes a panel of ship finance specialists to offer the expert view on what is happening to shipping finance
US Maritime Administrator Ann Phillips spoke to Lloyd’s List during London International Shipping Week
The EU ETS will ‘almost certainly’ increase overall emissions and risks becoming a tax grab without a clear path for funds raised to support zero-carbon causes, Roar Adland says
A $13.95m sale announced in April that was slated to net Nasdaq-listed Castor Maritime $5.3m has failed to complete after the buyer failed to take delivery of the vessel. Castor said it will seek compensation, while also announcing a $15.75m sale of a 2009-built kasmarax
Plans are in place to prevent carriers avoiding the Emissions Trading System tax by way of using transhipment hubs. But forwarders warn that unless the list is extended, they risk facing more complicated supply chains
There is a growing realisation in shipping that nebulous net zero pledges are starting to require action and investment, and will be harder to achieve than first thought. The divide between those who can and can’t be relied upon is widening
Insurance costs ‘would go through the roof’ if it crosschecked everything that’s said, according to chair of International Union of Marine Insurance’s legal and liability committee
European Sea Ports Organisation said ships are already rerouting to ports outside the bloc to avoid paying the EU Emissions Trading System
IMO climate head warns of potential disruption for shipping in response to the EU ETS, adding that he looked forward to the bloc aligning with future global rules
European shipowners looking for political recognition of the maritime sector’s strategic economic status have been backed by the European Commission Vice-President Margaritis Schinas in a speech that offered robust support to the industry
The FuelEU Maritime will come into force in 2025 to cut shipping emissions of vessels that call at EU ports by setting strict targets
The EU will align its regional emissions rules with those of the IMO — as long as the global regulator adopts regulatory tools the bloc deems ambitious enough, a panel was told
Regulators behind the US, EU and UK sanctions on shipping Russian oil defended their regime from industry claims the sanctions are ineffective
Insurers may be among last to be hit by old ‘Italian torpedo problem’
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