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BIMCO clauses follow final clarifications by the European Union that make shipowners responsible for ETS compliance, unless there is an agreement between counterparties selecting another entity

Liberia dethrones Panama after 20 years to take the crown as the worlds largest Flag State, a development driven by an aggressive 10-year plan by the Alfonso Castillero-led flag registry to reach the top 

French investment group Eurazeo will invest $24m in Samskip’s hydrogen-fuelled containership that is due for delivery in 2025

Master writes second letter to president to plead for officers’ release

Third-quarter profits slip but owner is ‘confident’ in charter profile of six-ship fleet

One was the better product. The other actually succeeded in the marketplace

The government still sees the Danube ports as a strategic area after the reopening of the big Odesa seaports and is in discussions with neighbouring countries to further improve capacity

Angel officers still under detention in Taiwan | Ukraine’s Danube port turnover nears 30m tonnes this year but demand starts to weaken | US slaps Iran with new sanctions amid Houthi attacks on shipping

Retrofitting current ships provides a more affordable and expedient option compared with constructing new vessels, especially with shipyard capacity in high demand

The worst-case scenario analysis from maritime consultancy UMAS points to freight rate increases of up to 17% on certain routes because of the rising costs of alternative fuels such as green methanol, while it finds that a flat rate carbon tax of $600 could be needed to close the green premium