Latest maritime regulations updates and reports
gCaptain
The United States has intensified its sanctions on Iran by targeting both the maritime routes used for oil transport and the financial systems converting oil sales to cash, as reported by gCaptain. This move aims to disrupt the Iran-China oil pipeline and further isolate Iran economically.
gCaptain
The International Maritime Organization has preserved its significant shipping climate framework following intense negotiations in London, as reported by gCaptain. This development sets the stage for a crucial conclusion later this year after facing substantial U.S. opposition.
Offshore Energy
Venture Energy Limited, based in Hong Kong, is expanding its focus on the procurement and trading of clean fuels, as reported by Offshore Energy. The initiative highlights the growing interest in green methanol as a sustainable energy source.
Seatrade Maritime
The decision on the International Maritime Organization's (IMO) New Zero-Emission Fuel (NZF) has been deferred to November, as reported by Seatrade Maritime. The delay comes amid an improved atmosphere around decarbonization discussions at the Marine Environment Protection Committee (MEPC) 84.
Splash247
The 84th session of the Marine Environment Protection Committee (MEPC 84) concluded today, with delegates advancing discussions on the Greenhouse Gas Fuel Intensity mechanism and the Net Zero Framework's funding architecture, as reported by Splash247. These critical topics are set to be addressed in the closing plenary session this afternoon.
Splash247
BIMCO has introduced CO2TIME 2026, a new standard contract for the shipping of liquefied carbon dioxide, as reported by Splash247. This initiative by the world's largest shipping association aims to support the growing market for carbon capture projects.
gCaptain
gCaptain reports that the U.S. is ramping up opposition to the International Maritime Organization's proposed global carbon pricing regime. Federal Maritime Commission Chairman Laura DiBella has encouraged member states to explore alternatives to the Net Zero Framework during discussions in London.
Seatrade Maritime
The recent extension of the US Jones Act waiver has ignited a heated discussion, as reported by Seatrade Maritime. The waiver, which has been a contentious issue, continues to stir controversy within the maritime industry.
Seatrade Maritime
ABS and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to verify emissions reductions, as reported by Seatrade Maritime. The Singapore-based shipping line aims to ensure third-party verification of its emissions reduction efforts.
gCaptain
A federal appeals court has upheld a Federal Maritime Commission ruling against Evergreen Marine concerning container detention charges, as reported by gCaptain. This decision could increase regulatory scrutiny of carrier fee practices.
