Law & Regulation
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Green regulation needn’t be perfect, says Accelleron CEO
Daniel Bischofberger said the Net-Zero Framework is not perfect, but would give the industry the certainty and level playing field to start its green transition
International Group reserving $2.85bn for Baltimore bridge claims
Dali tops Costa Concordia and Prestige in league table of 10-digit payouts
Regulation experts see murky waters ahead for NZF talks
IMO observers have crunched the numbers from MEPC84 and delivered a mixed outlook for a global carbon regulation
Iran defends Hormuz actions at IMO as UAE heaps on criticism
Iran has said its actions in the Strait of Hormuz are in self-defence, in response to criticism from the UAE and other Middle East Gulf states. Both sides blame each other for disrupting world trade
European Shipowners weigh in on EU ETS revision
The ECSA European Shipowners said a commitment by the EU to take shipping out of its emissions trading system would help progress IMO talks
US prosecutors charge Synergy Marine for alleged role in Dali disaster
The US Justice Department has brought criminal charges against Synergy, the third-party manager of the containership Dali, and a company technical superintendent. The company vows to defend itself against the allegations, which it deemed ‘baseless’
VOYWAR 1993 gives charterers ‘implied obligation’ to nominate alternative discharge port
LMAA award has implications for Hormuz crisis, NorthStandard warns
Sweden brings seized cargoship into port
Containership Caffa was boarded by Swedish forces in March after the coastguard identified it being a falsely flagged vessel
Job cuts at Maersk’s green shipping centre a sign of the times, says CEO
The Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping plans to cut about 30 full-time equivalent roles, saying it must refocus on shorter-term green energy projects
EU lines up another round of Russian shadow fleet sanctions
Momentum for tougher measures has grown following Hungary’s elections, as EU officials seek to overcome previous political blockages and respond to mounting pressure to curb Russian tanker movements through European waters
Industry concerns grow that freedom of navigation is now a political bargaining chip
Iran’s insistence on ‘management’ and sovereignty over the Strait of Hormuz has intensified fears that freedom of navigation is being used as leverage in conflict negotiations
Iran accuses US of ‘destabilising’ maritime safety and security
US ‘acts of aggression’ and seizures of Iranian vessels set a ‘dangerous precedent’, the Iranian representative to the IMO said in a letter to secretary-general Arsenio Dominguez, but the Islamic Republic may not be best-placed to make that argument
European shipping risks a decline without investment in clean fuels
Europe is leading sustainably fuelled ship orders, but almost three quarters of sustainable fuel production is coming from Asia — without a shift in that imbalance EU shipping risks being diminished
Sweden turns up heat on shadow fleet
‘We protect our waters,’ says Swedish Prime Minister Ulf Kristersson after multiple boardings in recent months
Shipowner loses out after master files paperwork too early
Sometimes a ship that has arrived isn’t an ‘arrived ship’
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