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BIMCO adopts biofuel clause to support transition to low-carbon fuels

BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases. As the shipping industry decarbonises, regulatory frameworks reshape companies’ fuel strategies. The integration of biofuels into charter party agreements is complex, however, and often raises questions around fuel quality, engine …

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Fitch Ratings Revises Global Shipping Outlook to Neutral on War-Led Tanker Rate Surge

Fitch Ratings has revised its 2026 outlook for the global shipping sector to ‘neutral’ from ‘deteriorating’, reflecting a war-driven increase in demand for alternative suppliers and routes, primarily for oil and oil products. This has led to higher tonne-mile demand and a sharp increase tanker shipping rates.

Container shipping has also benefitted moderately from higher rates, …

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Rotterdam study sets out pathway for nuclear-powered commercial ship port calls

A new joint study using the Port of Rotterdam as a case study “Enabling Nuclear-Powered Feeder Ships: A Joint Development Project on Port Call Feasibility and Regulatory Pathways” [link] has found that existing port safety and risk-management frameworks could provide a credible starting point for assessing nuclear-powered commercial ship calls within a major European port …

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