In a significant curtailment of the trade war between the world’s two largest economies, the United States and China have agreed to considerably slash tariffs for the next 90 days. As part of the deal reached in Geneva over the weekend, US Treasury Secretary Scott Bessent said both countries would...
Regulatory
Paper tigers at sea
Darren Shelton from FuelTrust discusses why shipping prefers the illusion of regulation. In global shipping, we often talk about regulation as a good thing – and rightly so. Rules are meant to protect the environment, improve safety and support fair labour conditions. The International Maritime...
El largo camino de secado hacia la descarbonización
Las frutas de bajo contenido y las ramificaciones de lo que se acordó en la reunión del Comité de Protección del Medio Ambiente del Medio Ambiente del Mess del mes pasado (MEPC) en la Organización Internacional Marítima formó gran parte de la discusión durante el panel de descarbonización seca...
https://fullavantenews.com/el-largo-camino-de-secado-hacia-la-descarbonizacion/?lang=es
Reino Unido Realización de sanciones a otros 100 petroleros vinculados a ruso
Will Rose / Greenpeace El Reino Unido impone una nueva ola de sanciones contra el comercio de petróleo ruso, apuntando a hasta 100 barcos más. El paquete de sanciones más grande contra la flota de sombras de Rusia debería llevar el número total de petroleros en la lista negra del Reino Unido a más...
Dry bulk’s long path towards decarbonisation
Low-hanging fruit and the ramifications of what was agreed at last month’s Marine Environment Protection Committee (MEPC) gathering at the International Maritime Organization formed much of the discussion during the Dry Decarbonisation panel moderated by Lloyd’s Register’s Nikos Kakalis at last...
https://splash247.com/dry-bulks-long-path-towards-decarbonisation/
UK readies sanctions on another 100 Russian-linked tankers
The UK is set to impose a new wave of sanctions against the Russian oil trade, targeting up to 100 more ships. The biggest sanctions package against Russia’s shadow fleet should bring the total number of oil tankers blacklisted by the UK to more than 230. Announcing the latest move, Britain said...
https://splash247.com/uk-readies-sanctions-on-another-100-russian-linked-tankers/
Smaller shipowners in danger: Geneva Dry risk workshop
It was a standing room during a specialist workshop at the opening day of the second edition of Geneva Dry that saw panellists turn their attention to various aspects of risk management for dry bulk shipowners and operators. Moderator of the session, Neville Smith, director of maritime PR...
https://splash247.com/smaller-shipowners-in-danger-geneva-dry-risk-workshop/
IMO mid-term measures tipped to add 80% premium to bunker costs by 2035
British consultancyMaritime Strategies International has given an early indication of the impact that the International Maritime Organization’s recently agreed Net Zero Framework will have on the bunker market.By extending the annual fuel consumption estimates calculated for 2024 through to 2035,...
https://splash247.com/imo-mid-term-measures-tipped-to-add-80-premium-to-bunker-costs-by-2035/
Enhancing Maritime Insurance Brokerage Services for Client Benefit
by Anastasios Andreas Maraslis, Marasco Marine Ltd – Founder/President/Director
“The Marine Insurance Broker’s Route to Success”
In the ever-changing world of maritime trade, the role of a marine insurance broker is pivotal. Professional Brokers act as the crucial link between vessel owners and operators and the insurance market, ensuring that clients have the protection they need to navigate the unpredictable seas of risk. However, the maritime industry is not static; it evolves with global...
Is the IMO fit for purpose?
Andrew Lemmis questions the regulator’s global role from a lifeboat industry perspective. Imagine a football match where the referee is paid by the teams and has no power to issue a red card. He can suggest the rules, sure, but it’s up to the players whether to follow them. Sound absurd? That’s...