The IMO Net-zero Framework agreed at MEPC 83 last week is the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. The measures include a new fuel standard for ships and a global pricing mechanism for emissions. These measures, set to be formally adopted in October 2025 before entry into force in 2027
The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation, but also a continent of industrial production.
Western sanctions imposed on Russia for invading Ukraine and aimed at cutting its oil revenues have led to the rise of a vast "shadow fleet" of tankers helping Moscow keep its crude exports flowing.Here are some key points about these unregulated vessels.WHY IS THIS FLEET IN THE NEWS?Estonia on Tuesday tried to stop an oil tanker, which the UK sanctioned last week
KERSHIP launched the construction of the first of two OPV 60M offshore patrol vessels for the Montenegrin Navy at its Lorient shipyard on April 24 in the presence of Mr. Dragan Krapovic, Minister of Defense of Montenegro, Ms. Anne-Marie Maskay, Ambassador of France to Montenegro, and numerous French and Montenegrin civilian and military personalities.
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium.The telecoms-to-retail conglomerate, owned by billionaire Li Ka-shing, said this month it had agreed to sell most of its global ports business
The hull for Bernhard Schulte (BS) Offshore’s new Commissioning Service Operation Vessel (CSOV) has arrived at Ulstein Verft’s shipyard, marking the start of new phase in the shipbuilding process.The vessel is designed by Ulstein Design & Solutions for ‘walk-to-work’ (W2W) operations, where personnel walks via a motion-compensated gangway from the ship to a wind turbine.
The Fascinated by Shipwrecks Podcast, hosted by Kathy A. Smith, is dedicated to the People & the Science of Maritime Archaeology.The Adriatic Affair: Finding the 1856 Le Lyonnais Wreck“Of the people on the ship, 114 died and only 18 survived. Those that did lived through extraordinary conditions in the North Atlantic. Storms. Dehydration. Starvation.
Germany-based Bernhard Schulte Offshore (BS Offshore) and Ulstein Verft have launched a new Commissioning Service Operation Vessel (CSOV), the Yno 320.The launch followed an extensive outfitting phase that included the installation of electrical and mechanical systems, piping, accommodation, and system integration.
Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation said.Baltic Sea nations are on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022.
In March 2025 the major exhibition Pirates will open at the National Maritime Museum (NMM), tracing the changing depictions of pirates throughout the ages and revealing the brutal history often obscured by fiction. While sometimes portrayed as tricksters or scoundrels, pirates are primarily swashbuckling adventurers associated with lush islands, flamboyant dress and buried treasure.
Finland's Coast Guard said it has detected constant disturbances to satellite navigation signals in the Baltic Sea since April and in recent weeks has seen tankers spoofing their location data to cover up visits to Russia.Last week, Finland's interior minister Lulu Ranne said Finland believes Russia is behind disturbances detected in Finland and the Baltic Sea region in the Global Navigation
The skipper of a U.K. fishing trawler has been been fined and given an eight-month prison sentence after falling asleep during his watch, causing the vessel to collide with another and injuring two crew membersOn January 15, 2022, Maurice Reid of Fraserburgh, Scotland was in charge of the fishing vessel Margaret Anne’s journey when he started to fall asleep.