Maritime transport of Russian oil and the Russian Maritime Register of Shipping has been included in the latest EU sanctions package against Russia.

A study on shipping’s progress towards decarbonisation said the industry will need to commit to investing $40bn a year by 2030 to develop Scalable Zero Emission Fuels (SZEF).

The shipping industry is sincerely invested in the transition to zero carbon, but there is still a long road ahead, according to CMA CGM.

The decarbonisation of shipping will require more robust energy grids and efficient allocation of the right types of energy to the right consumers.

MSC is implementing a new DNV anti-roll system designed to avoid container losses due to parametric rolling on containerships.

Classification society ABS has appointed a new global lead for the container sector in the backyard of one its biggest competitors DNV.

LNG propulsion dominates alternative fuelled newbuilding orders as urgency grows to develop carbon neutral fuels for global shipping.

A new initiative aimed at accelerating the implementation of methane emission monitoring and reduction technologies in the maritime sector is being launched by seven shipping and energy companies.

With growing interest around nuclear power as propulsion for commercial shipping classification society ABS has been awarded a contract by the US Department of Energy (DOE) to research barriers into its adoption.

Singapore shipyard group PaxOcean Engineering and bunker vessel operator Hong Lam Marine have inked a Memorandum of Understanding (MoU) with Bureau Veritas (BV) to develop an ammonia bunker tanker design.