Latest maritime regulations updates and reports
Splash247
Orient Overseas Container Line (OOCL) has filed a legal challenge against the Federal Maritime Commission, questioning the constitutionality of the regulator's adjudication process, as reported by Splash247. This follows a $45 million ruling against the liner operator, prompting OOCL to seek a halt to ongoing FMC proceedings in a Texas federal court.
Splash247
James Lewis, global head of operations at Cargill, has been appointed as the new chair of the Sea Cargo Charter, as reported by Splash247. The announcement was made following the group's annual meeting in Geneva, where they emphasized enhancing their role in emissions tracking and reporting across global shipping trades.
gCaptain
The United States Coast Guard has reopened its National Maritime Center after funding was restored to the Department of Homeland Security, as reported by gCaptain. However, the credentialing backlog faced by the center could extend up to a year, highlighting ongoing challenges.
Splash247
The International Maritime Organization's Net Zero Framework remains intact after a week of negotiations in London, with most member states reaffirming it as a foundation for future work, reversing a previous adjournment vote, according to Splash247. However, the adoption of the framework still faces uncertainty.
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.
