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
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month.The ruling by U.S. District Judge Royce Lamberth is a legal setback for Trump
Marine technology company Alfa Laval UK has enhanced its dry-docking support services for shipowners, introducing pre-docking audits and customized spare parts packages designed to reduce turnaround times and extend fleet uptime.The initiative is part of the company’s strategy to turn dry-docking, typically seen as a cost burden
Communities in Panama that would have to relocate under the Panama Canal's plan to build a $1.6 billion reservoir filed a Supreme Court challenge on Thursday, saying the project intended to enable more vessel transits is unconstitutional.Some 2,500 people would be affected by construction of the Rio Indio reservoir, according to figures from the canal's authority
A study shows that under the parameters principally agreed within the IMO Net Zero Framework, ammonia dual-fueled ships have a clear competitive advantage from the mid-term (mid-2030's), while the near-term landscape remains less certain.The study was released by UMAS and UCL Energy Institute Shipping and Oceans Research Group and undertaken for Global Maritime Forum.