In response to the International Maritime Organization’s (IMO) member vote on October 17 which saw a delay in adopting the Net-Zero Framework that would guide the shipping sector’s next decade, Lukas Leppert of German-based The Nature and Biodiversity Conservation...

Read More

In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic...

Read More

The Tax Authority has announced the suspension of the imposition of withholding tax on service contracts provided on board ships that are registered under the Omani flag, for a period of 5 five years, starting from September 1, 2025 The incentives are aimed at...

Read More

The International Maritime Organization failed to adopt the world’s first-ever global, legally binding carbon price—postponing for a year a vote on the measure at a meeting today in London. The agreement would have dictated that all large ships operating globally,...

Read More

After an intense week ending in a vote, the International Maritime Organization’s (IMO’s) Net Zero Framework was adjourned for the period of one year at the extraordinary session of the IMO’s Marine Environment Protection Committee (MEPC). Commenting on the outcome,...

Read More