Maritime

EU's Cleaner Marine Fuel Rules Are Inflationary, Shipbrokers Say

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that ca...

Shipping Industry Urges UN To Protect Vessels After Iran Seizure

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East, the industry said in a letter.

Geopolitical Upheaval And Legislative Change: More Turmoil For Shipping?

The maritime sector has been beset with disruption recently – geopolitical, legislative and climactic. Lena von Fritschen, director, market inte...

Red Sea Ship Attacks Not Driving Inflation, Moody's Says

Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the im...

Global Trade At Risk Without 'Urgent Action' On Zero-Carbon Shipping: Lloyd’s Register

A lack of clear guidance on how to transition the global shipping industry to a zero-carbon model is likely to lead to 'significant supply chain disruption...

IMO's Marine Fuel Rules Sets Shipping Industry For A Comeback In 2020

The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at the beginning of the year after...

Global Refiners Raise Cleaner Shipping Fuel Output Ahead Of IMO 2020

Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare...

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