Legal & Regulations

  • Shipping 2030 Asia: The Innovation Imperative

    At Wilhelmsen there is clearly an innovation engine going on, having seen Thomas fly drones around during Nor-Shipping. There is a perception that regulations stop innovation and we innovate to comply with regulations, rather than focusing on how we can actually improve something. What are your thoughts?

  • PwC sees regulations, security, others as threat...

    PricewaterhouseCoopers (PwC) has identified over- regulation, insecurity and vandalism as the main problems of Nigeria’s oil and gas industry. In its latest report, “Nigeria’s Refining Revolution”, the company called on the government to tackle these and others issues in order to place the industry in the path of sustainable development.

  • Genoil Begins testing High Sulfur Fuel Oil at UFA...

    Genoil Inc, the publicly traded clean technology engineering company for the petroleum industry, today announced it has signed a tri-partite science, research and technical cooperation agreement with two leading Russian institutions.

  • Oil Firms That Cheered Regulatory Cuts Are...

    The Trump administration is easing environmental regulations and opening up territory for drilling as part of the president’s bid to unleash the “vast energy wealth” of the U.S. Yet Donald Trump’s push to rewrite the North American Free Trade Agreement could have the opposite effect.

  • Ship Repair Yards See Business Slowing Down After...

    Ship-repair yards are facing yet another slowdown in their business. Besides the regular decline in business during the second half of each year, the recent vote by IMO to provide a 2-year leeway to the implementation of the Ballast Water Management Convention, which would otherwise cause a flurry of lay ups for retrofitting, has only added contributed to more slowdown.

  • EU MRV Regulation Entering Next Phase

    The European Union MRV Regulation requires shipowners and operators to monitor, report and verify CO2 emissions from their vessels calling at EU ports. Two important milestones in its implementation are coming soon.

  • New Low-Sulfur Requirements for Marine Bunker...

    The International Maritime Organization (IMO) recently confirmed that global refiners and shippers must comply with new regulations to reduce the sulfur content in marine bunker fuels by January 2020—five years earlier than many expected. 

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Cyber risks in the Maritime Industry

Cyber incidents are increasingly frequent and widespread‭. ‬A prudent approach for any business is to ask themselves‭ ‬“when”‭ ‬rather than‭ ‬“if”‭ ‬the next incident will occur‭. ‬Cyber incidents occur globally‭, ‬with the Middle East experiencing higher levels of cyberattacks than the worldwide average‭. 

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IMO activities showcased at Bonn climate talks

IMO has continued its participation at the Bonn climate change talks (COP 23) in a range of side- and special events, following its report on progress to the Subsidiary Body for Scientific and Technical Advice (SBSTA 47).

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Shipping needs to be cyber prepared

Following the widespread impact and disruption caused by the WannaCry and NotPetya attacks earlier this year, a spate of incidents in recent weeks has highlighted the evolving threat to not only shipping companies, but other parts of the supply chain, says Ince & Co.

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Emirates Maritime Arbitration Centre hosted the sixth session of its Breakfast

As part of proceedings, event attendees were presented with more information about EMAC, including an overview of the Centre’s structure, support services and the advantages of utilising arbitration and mediation services. Furthermore, the morning session also looked at the numerous benefits the Centre brings to the regions dynamic bunkering sector

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Oil Companies Defend Big Bets on Gas

The world’s biggest oil companies have defended their giant bets on natural gas at a major energy conference, saying demand will soon emerge for the huge supplies of fuel they are bringing to the market.

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