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As maritime decarbonization accelerates, the use of biofuels is emerging as a key strategy to reduce greenhouse gas (GHG) emissions. But with new regulations from FuelEU Maritime and the IMO’s upcoming Net Zero Framework, charterparty and fuel supply agreements must evolve to keep pace. Starting in 2025, FuelEU regulates GHG intensity onboard ships, with global […]

Marine fuel sales in Singapore rebounded sharply in May, hitting a 16-month high with 4.88 million metric tons sold. This marks a 10.8% month-over-month increase and a 1.1% rise year-over-year, according to the Maritime and Port Authority of Singapore. The surge was largely driven by increased vessel arrivals for container movements and bunkering. Analysts attribute

As momentum builds following the IMO’s landmark 2025 Net-Zero Framework, a new brief from the Getting to Zero Coalition and the Global Maritime Forum is offering a clearer picture of where the global shipping industry is heading—and what it will take to get there. The insight brief, IMO’s Policy Measures: What’s Next for Shipping’s Fuel

Every day, tens of thousands of ships traverse the world’s oceans, moving nearly 90% of global cargo—everything from grain and electronics to vehicles and fuel. This vital system underpins the global economy, but it also comes with an environmental cost: international shipping is responsible for roughly 3% of global greenhouse gas emissions. For years, shipping

The International Maritime Organization (IMO) is set to launch its Net-Zero Framework in 2027, pending adoption in 2025, but early details reveal a complex regulatory landscape. Unlike the EU’s FuelEU Maritime regulation, which focuses solely on well-to-wake greenhouse gas (GHG) intensity, the IMO’s framework will introduce a two-tier compliance system and differential pricing for “remedial

The international shipping industry is making strides in cutting greenhouse gas emissions, but the challenge of financing the switch to cleaner fuels remains unresolved. Speaking at TPM25 in Long Beach, Søren Toft, CEO of MSC and chair of the World Shipping Council, said the industry is entering a phase of “realization and pragmatism,” as operators

A recent study challenges the prevailing view on marine scrubbers, suggesting that using heavy fuel oil (HFO) with scrubbers may be environmentally comparable—or even superior—to low-sulfur fuels for large bulk carriers. The research was conducted by MIT and Georgia Tech, with support from Oldendorff Carriers, and included real-world testing aboard the bulk carrier Hedwig Oldendorff.

A recent survey by Splash and Inmarsat reveals that over 53% of respondents believe traditional bunker fuel will still power most of the global merchant fleet in 10 years. This finding comes despite increasing discussions on alternative fuels and decarbonization efforts in the shipping industry. Currently, only about 8% of the world’s merchant fleet is

Major shipping companies, including Hapag-Lloyd, are urging the IMO to ban unsustainable biofuels like palm and soy oil. They argue these fuels worsen emissions when deforestation and land use are considered. The concern is that crop-based biofuels are the cheapest option to meet emission targets. However, they can produce two to three times more emissions

In February 2025, during a conference in New York, delegates were cautioned about the U.S. Department of Justice’s rigorous enforcement of maritime sanctions, highlighting the potential for substantial civil penalties. This development underscores the administration’s commitment to stringent oversight in the maritime sector, aiming to ensure adherence to international sanctions and deter violations. Industry stakeholders