FuelEU’s flexibility mechanism works so well that the scheme could fail to jump-start a green fuel transition, according to carbon compliance advisers

‘We all get on quite well, the decision-making is easy, and we are able to take the firm forward because of the size we are,’ says Margot Wastnage

In a buoyant tanker market, competitive pressure is causing some buyers to cut corners on inspections when buying secondhand ships

Marine insurers face a mounting bill from the Middle East Gulf conflict, with estimated claims already reaching $2bn and concerns growing that a prolonged disruption could trigger far larger total loss payouts if vessels remain trapped for another six months

MSC Shipmanagement has been fined $6m after admitting it failed to report hazardous engine-control defects aboard MSC Michigan VII and obstructed the investigation into a 2024 runaway ship incident that triggered bridge evacuations and injured two people

Donald Trump has extended the longest Jones Act waiver in US history, but tighter scrutiny and a narrower list of eligible cargoes reflect mounting political pressure from shipbuilders and maritime interests opposed to foreign vessels operating in domestic trades

Marine mutual pushing ahead with TT Club merger

Charterers entitled to terminate before laycan has expired

Former Bella 1 master Avtandil Kalandadze sentenced to 10 months in a US prison after admitting he defied Coast Guard orders during a weeks-long Atlantic pursuit of a tanker involved in transporting Iranian oil

The NZF policy options on the table at IMO would all increase shipping costs by 70%-80% by mid-century, including plans that get rid of the compulsory carbon price

Following a Swedish court ruling that a vessel could be transferred to Ukraine after it was suspected of transporting ‘stolen’ grain, one lawyer says shadow fleet operators may think twice about which flag registries they use

India continues to strengthen its competitive position through improved regulatory compliance, while demand has picked up in Bangladesh and Pakistan. By contrast, Türkiye’s Aliaga market remains subdued

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

Liberia has renewed attacks on the Net-Zero Framework, while in the background a more substantive debate builds over how a global emissions tax and Net-Zero Fund — or perhaps ‘facility’ — would work in practice