
Law & Regulation
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Hecla Emissions Management seals first FuelEU token trade
Hecla Emissions Management, which invented a tradeable FuelEU Maritime compliance token, says it has signed the first trade. Companies that take longer to plan for FuelEU Maritime will have fewer compliance options

Bayesian recovery highlights Italian legal requirements for major salvage efforts
BonelliErede lawyers set out procedural constraints as efforts begin to raise tech tycoon’s doomed superyacht

The case for optimism on decarbonisation post-MEPC83
Shipowners may have plenty of reasons to sit on their hands, and plenty of bigger problems to care about. But the Global Maritime Forum believes there is still cause for hope that a truly green future is possible

Virgo Marine costs ruling could impact wider London arbitrations
Banks applying Washington-imposed restrictions extraterritorially despite blocking statute, argues Zaiwalla & Co

US FMC probing lax flag registries amid mounting safety concerns
The FMC is conducting a non-adjudicatory investigation into flag states with ‘little or no oversight or regulation’, which it says pose safety risks that endanger ocean shipping supply chains

UN urged to combat increasing ‘weaponisation’ of shipping arena
Union of Greek Shipowners president Melina Travlos tells UN Security Council that maritime security threats have spiralled beyond industry’s capacity to confront alone

Over 10% of the tanker fleet is now sanctioned following latest EU and UK measures
The EU and UK are scaling up their sanctions against Russia with more to come, despite the absence of US support

Trio to appeal after being found guilty in 2017 Greek spill
Sinking of Agia Zoni II was one of worst pollution cases of recent years in Greek seas

UK could align its carbon market with the EU’s under post-Brexit reset
The UK and EU are in talks to link their emissions trading systems as part of their post-Brexit deal on improving relations

Watchkeeper distracted by music on phone before collision, Admiralty Court finds
Casualty could have been averted by continuing course or steering to starboard

Cook Islands registry removed from flag states’ information-sharing compact
The Cook Islands registry has been ejected from RISC, the information-sharing database launched to prevent sanctions-skirting tankers from hopping between flags, according to a source with direct knowledge of the matter

Carbon taxes set to reshape shipping
Carbon pricing has moved from a regulatory abstraction to an immediate financial reality. With total costs surging towards $50bn by the end of the decade, industry players must adapt — or risk being priced out of compliance

Don’t leave FuelEU pooling to the last minute
Columbia Group advisory offshoot EmissionLink says preparing early will save companies money

Ofac has raised the bar for sanctions compliance: are you ready?
Ofac’s updated advisory is a clarion call for maritime stakeholders to evolve beyond basic list-screening
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