The global shipping industry is making it clear that a ceasefire between the United States and Iran alone will not be enough to restore normal vessel traffic through the Strait of Hormuz. While diplomatic efforts continue, shipowners, insurers, and maritime operators remain focused on one critical issue: confidence that vessels can transit the region safely
Hormuz Reopening Depends on More Than a Ceasefire Read More »
Shipping’s shift to alternative fuels is moving faster than the legal and insurance systems designed to manage pollution and accident risk. While technical and commercial assessments are advancing, liability allocation has not kept pace. For decades, pollution risk was centered on conventional oil spills, supported by well-established international liability and compensation conventions. These frameworks gave
Shipping’s Fuel Transition Is Outpacing Its Liability Frameworks Read More »
The Q2 2024 Carbon Emission Index (CEI) report highlights the ongoing challenges in reducing carbon emissions within ocean container shipping. Despite slight improvements in the CEI score to 98.6 points, overall emissions remained high, driven largely by geopolitical factors like the Red Sea conflict. This situation forced many shipping routes to detour around the Cape
Ocean Container Shipping Struggles to Reduce Carbon Emissions Read More »
