The $5.4 trillion global maritime industry faces a perfect storm of cyber vulnerabilities, and a new government regulation aims to be the lighthouse guiding stakeholders to safer digital harbors.On January 17, 2025, the US Coast Guard (USCG)…
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IMO Approves Net-Zero Regulations for Global Shipping
The International Maritime Organization (IMO) has achieved another step towards establishing a legally binding framework to reduce greenhouse gas (GHG) emissions from ships globally, aiming for net-zero emissions by or around, i.e close to 2050.
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Chevron: Venezuelan Oil Cargoes Stalled at Sea After Export Cancellations
At least two vessels carrying Venezuelan crude chartered by Chevron are now stalled in Venezuelan waters due to state oil company PDVSA canceling their export authorizations after the U.S. imposed secondary tariffs on the OPEC member's buyers…
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Preview: Japan Energy Summit & Exhibition 2025
From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic rol...
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Estonian Navy Detains Russia-Bound Oil Tanker
The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid country flag.The vessel, the Kiwala, has been under EU sanctions since February as part of Russia's so-...
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UN Shipping Agency Strikes Deal on Fuel Emissions
Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.The U.S. pulled out…
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Lloyd’s Register Launches Cruise Centre of Expertise
Lloyd's Register launched its Cruise Ship Centre of Expertise (CCoE) at Seatrade Cruise Global (April 7-10) in Miami, USA.Operating globally, the CCoE integrates LR's classification, advisory and digital services to ensure cruise operators benefit from...
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Lloyd’s Register, Royal Caribbean Group to Advance Maritime Safety and Efficiency
Lloyd’s Register (LR) and vacation company Royal Caribbean Group announced today at Seatrade Cruise Global in Miami, a partnership aimed at driving safety, innovation, and sustainability across the cruise industry. Under this partnership, LR will provi...
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China Hikes Tariffs for US Imports in Response to Trump’s Actions
Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.China's…
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Havila Acquires Polarsyssel Offshore Supply Ship
Havila Holding, through its subsidiary Havila Skipsinvest, has acquired the Polarsyssel offshore supply ship from Fafnir Norway.Polarsyssel serves as the Governor of Svalbard’s service vessel and plays a key role in safety and emergency preparedness…
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