Decarbonisation
The International Maritime Organization has committed to slashing total annual greenhouse gas emissions by at least 50% by 2050, compared with 2008, and it aims to decarbonise the sector fully by the end of the century. The shipping industry is facing up to the challenge, developing new fuels and stronger, environmentally friendly practices. But with tighter rules and regulations on both a regional and global level to contend with, agreement on the best approach is not easy
Japan proposes taking net zero out of IMO Net-Zero Framework
Japan has added a late IMO plan into the mix, stripping the NZF of its mandatory carbon price and Net-Zero Fund, and suggesting shipowners pay voluntary donations for worthy green projects
Fleet renewal drives ro-ro cargoship orders, but thin orderbook signals continued caution
All 2026 ro-ro cargoship orders have gone to Chinese shipyards, reinforcing their dominance through competitive pricing and quality
Qatar’s LNG carrier transits Hormuz via Iran-approved route
QatarEnergy’s Al Areesh became the first Qatari LNG carrier to exit the Strait of Hormuz in three weeks
Tanker stocks up double digits during a month of geopolitical chaos
Tanker stocks are proving to be a worthy hedge for investors. Geopolitical unrest has been a headwind for the broader market, but it is the gift that keeps on giving for tanker equities
Cosco commits to more eco-ready newcastlemax bulker newbuildings
Newbuilding contract has been divided between Shanghai Waigaoqiao Shipbuilding and Nantong Xiangyu Shipbuilding & Offshore, with all 15 ships to be delivered in 2030
Sallaum Lines boosts newbuild orderbook as global vehicle carrier market heats up
Cyprus-based vehicle carrier operator is accelerating its transition from secondhand vessels to modern, fuel-flexible, tonnage with higher carrying capacity and long-term decarbonisation readiness
China wants to keep parts of the Net-Zero Framework alive
China has proposed a series of technical changes to the NZF, signalling renewed engagement with the shipping sector’s flagship decarbonisation regulation and raising hopes that support for ambitious green fuel incentives remains intact despite mounting political opposition
Green fuel subsidies welcomed, but EU ETS plan raises questions
The European Commission’s plan to overhaul the EU ETS is receiving a mostly positive reception, but there are still plenty of questions about how its subsidies for green fuels would work
Bahri to boost deepsea ro-ro fleet with rare newbuild contract
Newbuildings are expected to complement Bahri’s current six vessel-strong ‘RoCon’ fleet, which entered service between 2013 and 2014
Yang Ming returns to Hanwha Ocean for new series of neo-panamax boxships
Most recent investment follows last year’s order for seven 15,000 teu containerships at same South Korean builder and advances Taiwanese line’s long-term fleet replacement strategy
Speculative LNG carrier orders rise despite mounting Hormuz uncertainty
A noticeable uptick in uncommitted LNG carrier orders reflects growing optimism among shipowners and investors about the long-term LNG freight market
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