A Major Milestone in Decarbonizing the Maritime Sector and a New Source of Demand for Green and Low-Carbon Hydrogen Derivatives and Biofuels The IMO’s Net-Zero Framework aims to provide significant ...

Heads of seven shipping associations have called for the IMO to adopt its Net-Zero Framework (NZF) at the crucial vote in October. Anything else would be a major setback for the green transition and ...

Bloomberg reports that, ahead of Friday’s vote at the IMO, Andrew Forrest, the billionaire founder and chair of Fortescue Metals Group, decried what he said were “intimidatory tactics” impacting ...

The delay leaves the shipping sector in regulatory limbo even as companies, investors, and insurers press ahead with net-zero goals. It also raises fresh questions for legal, commercial, and ...

The shipping industry has been facing an acute crisis. For the first time in modern history, both of the Middle East’s critical waterways — the Strait of Hormuz and the Red Sea — were effectively ...

The U.S. Secretaries of State, Commerce, Energy, and Transportation have issued a joint statement addressing a proposal before the International Maritime Organization (IMO) to adopt a “Net-Zero ...

The International Maritime Organization’s (“IMO”) Marine Environment Protection Committee approved a sweeping package of draft regulations known as the “IMO Net-Zero Shipping Framework” (the ...

The IMO has approved a Net-Zero Framework to advance maritime decarbonization, with varying impacts on fuel costs compared to FuelEU Maritime regulations. Rystad Energy's analysis indicates that LNG ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime Organisation ...

A delay in charging a global shipping emissions tax could stall critical investments in green fuels, and cause decarbonization efforts across the industry to slow, warned industry stakeholders at a ...