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October 18 last year saw International Maritime Organization (IMO) member states vote for a one-year delay in the Net-Zero Framework (NZF), now the legislation’s arch-nemesis, the Trump administration, has moved to kill it off entirely. The framework—approved in principle at MEPC 83 in April 2025—had set out a global fuel standard and an emissions pricing …
https://splash247.com/us-makes-the-case-to-torpedo-flawed-net-zero-framework/
https://splash247.com/us-makes-the-case-to-torpedo-flawed-net-zero-framework/One of the most powerful engines driving capesize demand over the past five years is facing a potential government-imposed brake, as Guinea considers slashing bauxite production to arrest a collapse in prices that has seen values halve since the start of 2025. The Guinean government is pushing ahead with plans that could cut national bauxite …
https://splash247.com/guinea-weighs-bauxite-output-curbs/
https://splash247.com/guinea-weighs-bauxite-output-curbs/Mitsui OSK Lines (MOL), Japan’s largest shipowner, saw its share price leap 11% yesterday to a record high after the US’s Elliott Investment Management disclosed a significant stake in Tokyo firm. Elliott, which has a long history in investing in Japan, said in a release it felt MOL was undervalued. “We are a significant investor …
https://splash247.com/american-activist-investor-targets-mol/
https://splash247.com/american-activist-investor-targets-mol/Months of market speculation have been laid to rest. Gianluigi Aponte’s Mediterranean Shipping Company (MSC) is formally behind Sinokor Maritime’s stunning raid on the VLCC tanker market, with regulators in Greece and Cyprus publishing notifications confirming MSC will acquire joint control of the South Korean operator. The Greek and Cypriot Competition Commissions have disclosed that …
https://splash247.com/mscs-hidden-hand-behind-sinokors-vlcc-blitz-finally-confirmed/
https://splash247.com/mscs-hidden-hand-behind-sinokors-vlcc-blitz-finally-confirmed/Major US maritime organizations have issued statements voicing their concern over the Trump Administration’s decision to issue a sweeping 60-day waiver of the Jones Act.Under the Jones Act, goods shipped between U.S. ports must be carried on vessels that are U.S.-built…
https://www.marinelink.com/news/industry-bodies-raise-concerns-jones-act-537093
https://www.marinelink.com/news/industry-bodies-raise-concerns-jones-act-537093The U.S. Army Corps of Engineers (USACE) announced on March 16 that it is seeking input from all interested parties on ways to increase the efficiency of the nationwide permit program.Nationwide permits authorize activities that are similar…
https://www.marinelink.com/news/usace-seeks-comments-potential-permit-537094
https://www.marinelink.com/news/usace-seeks-comments-potential-permit-537094Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher, and retaliated by vowing attacks on oil and gas targets throughout the Gulf…
https://www.marinelink.com/news/iran-fires-missiles-qatar-energy-hub-537096
https://www.marinelink.com/news/iran-fires-missiles-qatar-energy-hub-537096France's new aircraft carrier will be named France Libre (Free France), President Emmanuel Macron said on Wednesday, as Paris advances its 10.2 billion euro ($12 billion) program to replace its ageing nuclear-powered flagship Charles de Gaulle.The…
https://www.marinelink.com/news/macron-names-new-french-aircraft-carrier-537097
https://www.marinelink.com/news/macron-names-new-french-aircraft-carrier-537097The Northwest Seaport Alliance (NWSA) reports that February 2026 total container volume (international and domestic) reached 207,725 TEUs, down 19.4% compared to February 2025, when shippers were frontloading cargo ahead of expected tariffs.While full imports decreased 29.5%…
https://www.marinelink.com/news/northwest-seaport-alliance-full-exports-537098
https://www.marinelink.com/news/northwest-seaport-alliance-full-exports-537098Seatrium has entered into a new agreement with Royal Caribbean Group, reinforcing a longstanding strategic partnership since 2012 with Seatrium’s Repairs & Upgrades business.Under the new agreement, Royal Caribbean Group is expected to dock…
https://www.marinelink.com/news/seatrium-secures-royal-caribbean-repairs-537099
https://www.marinelink.com/news/seatrium-secures-royal-caribbean-repairs-537099