A new trade agreement between the European Union and the United Kingdom, which left the EU in 2020, could have finally found a way to safeguard peace in Northern Ireland after Brexit reignited old tensions.The deal between the EU and the U.K…
The World Shipping Council (WSC) has spoken out against new US legislation which aims to eliminate current vessel sharing arrangements as set out in the Shipping Act.The act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets…
The European Sea Ports Organisation (ESPO) has welcomed the preliminary agreement between EU co-legislators on the FuelEU Maritime regulation.The European Parliament and Council have agreed on the details of the regulation which will ensure…
The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…
India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet…
Knut Ørbeck-Nilssen, CEO Maritime, DNV, says that while progress towards industry decarbonization should be applauded, it must be accelerated. Shipping needs to work together, in tandem with other sectors and stakeholders, if we’re to stand a hope of reaching our most ambitious…
The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…
The Port of London Authority (PLA) has acquired Masthouse Terrace Pier on the Isle of Dogs in East London in an effort to increase light freight on the river.Port of London officials view the project as a step up for London's working river and maritime commerce industry…
U.S. Federal Maritime Commission (FMC) Commissioner Carl W. Bentzel last week sent a letter to leaders of the Intermodal Association of North America (IANA) trade group urging harmonization of the Uniform Intermodal Interchange & Facilities…
ABS has been announced as the industry collaborator to build the Maritime Testbed of Shipboard Operational Technology (MariOT) Systems. The project is led by iTrust, Center for Research in Cyber Security at the Singapore University of Technology and Design (SUTD)…
On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U…
Ten trade organizations representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping are demanding an immediate review of European Union’s Consortia Block Exemption Regulation for the container shipping industry…
The Ocean Shipping Reform Act of 2022 (the Act) was signed by President Biden on Thursday, June 16, 2022. The long term fixes, which require Federal Maritime Commission rule-making, establishes additional requirements requiring the FMC to issue rules related to certain fee assessments…
The U.S. House of Representatives approved legislation Monday to improve oversight of ocean shipping, which supporters say will help curb inflation and ease export backlogs. The bill was approved 369-42 and will head to the White House for President Joe Biden's signature…
In a statement submitted to the Special Tripartite Committee (STC) meeting held last week, SRI, the international pan-industry body researching maritime and seafarers’ law, called for more States to ratify the Maritime Labor Convention (MLC) to ensure a level playing field in the shipping industry…
