Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia and others, and longer shipping routes as vessels avoid the Red Sea. Instead of switching to cleaner-burning alternatives such as marine gasoil and low-sulphur …

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Legal issues and regulatory developments

This chapter provides an overview of important international legal issues and regulatory developments affecting maritime transport and trade. Part A focuses on recent IMO developments to reduce greenhouse gas emissions from ships, notably, the agreement on draft midterm measures in line with the 2023 IMO strategy on greenhouse gas emissions. Part B explores international regulatory …

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A digital sea change

The push for digitalisation in shipping is less a gentle tide and more a high-stakes race against obsolescence, according to speakers gathered at London International Shipping Week (LISW). Two panels focused on the twin challenges of integrating advanced technology into a deeply fragmented industry while simultaneously battling existential threats ranging from data silos to hostile …

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Baleària begins exclusive bioLNG use on three of its ships, which now sail with zero emissions

Baleària is taking another step forward in its roadmap towards decarbonisation and has begun regularly incorporating bioLNG in its operations. The Margarita Salas, Abel Matutes and Rusadir vessels, which have dual gas engines, have been powered exclusively by this renewable fuel since the beginning of September. The company has procured 132 gigawatt-hours (GWh) of bioLNG, which will allow the …

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Maersk Asia-Pacific quarterly market update – Q3 2025

As we enter the final quarter of 2025, supply chains across Asia-Pacific continue to evolve amid ongoing macroeconomic uncertainty and shifting trade policy. In this edition, we provide a snapshot of current conditions across ocean, air, inland, and contract logistics, along with the latest regulatory developments affecting regional and global trade. Maersk remains focussed on …

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