Fresh momentum for Net-Zero Framework gains

The International Maritime Organisation’s 22nd Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22) closed in London on September 4 with negotiators signalling renewed momentum towards a final agreement on the organisation’s Net-Zero Framework (NZF), even as fundamental differences persist over carbon pricing, revenue distribution and support for developing states. The four-day …

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APPEC: Tankers transit Hormuz in the dark as oil flows persist

Tankers transporting oil through the Strait of Hormuz are increasingly disabling automatic identification system signals, masking vessel identities and deploying anti-drone defenses, with flows through the waterway estimated across a wide range, panelists said Sept. 10 at APPEC 2026. Max Tay, Repsol’s head of heavy products in Asia, said the AIS blackout had turned Hormuz …

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Shipping capacity is returning to Red Sea while rates from China to Jeddah and Khor al Fakkan break Covid-19 records

“The wider Middle East conflict has impacted two major ocean shipping waterways – the Red Sea and the Strait of Hormuz. They have both been compromised due to the geopolitical situation in the Middle East region, but they are contributing to the ocean container shipping market in two very different ways.” Red Sea: Shipping capacity …

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The Cocaine Is Below the Waterline and the Crew Has No Idea

Windward MIOC has documented 20 confirmed cases of narcotics concealed inside vessel sea chests since 2017, linking Latin American origin ports to destinations in Europe, Asia-Pacific, Oceania, and North America. Cumulative seizures across those cases exceed 2 tonnes. At least one case involved specialized stealth diving equipment. The sea chest is a recessed cavity in …

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Shipowners face growing financial risk from delayed EUA transfers, says EmissionLink

EmissionLink has warned shipowners and operators that waiting until September to secure and transfer EU Allowances (EUAs) is creating unnecessary financial, commercial and compliance risk as the EU Emissions Trading System (EU ETS) enters its next phase. Philippos Ioulianou, Managing Director of EmissionLink, said: “The problem is not the September deadline itself, but the industry’s …

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Getting to Zero Coalition calls on IMO Member States to secure an investable Net-Zero Framework

The Getting to Zero Coalition welcomes continued efforts to find common ground on a global framework for shipping’s energy transition, following the 22nd session of the International Maritime Organization’s (IMO) Intersessional Working Group on the Reduction of GHG Emissions from Ships (ISWG-GHG 22). Discussions last week revisited the postponed IMO Net-Zero Framework and considered a …

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Iran-backed Houthis seize key port in Yemen, advance on another vital oil choke point

The Iran-backed Houthi militant group has seized control of Yemen’s port city of Mokha on the Red Sea coast, bringing Tehran closer to securing another point of leverage in its six-month-long conflict with the U.S. The Houthis’ capture of Mokha is regarded as a severe setback to Saudi Arabia and the Yemeni forces it backs. …

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