The International Maritime Organization (IMO) aims to achieve net-zero greenhouse gas (GHG) emissions by 2050. While newbuilding vessels are an important piece of the puzzle, retrofitting existing ships to operate on alternative fuels will also play a significant role...

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LR’s strengthened leadership team brings commercial, technical and customer expertise together for consistent technical assurance and to engage with senior-level clients across the region. Tianxiang Li (TX), LR’s Director of Global Technical Support Office (TSO) will...

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The rise in Ship-to-Ship (STS) transfers of Russian oil products – driven by sanctions, seasonal ice conditions, and tanker shortages – has introduced a significantly higher safety risk profile that extends well beyond commercial considerations. While STS operations...

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A quick follow-up to yesterday’s note with additional confirmed vessel movements for 15 April. We recorded 8 confirmed crossings across dry bulk, tanker and gas segments, in line with the post-blockade slowdown highlighted previously. Activity remains below the 8–12...

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One week after the ceasefire was announced, the maritime system has not returned to open navigation. Instead, the ceasefire has introduced a more complex operating environment, with continued vessel movement but no consistent framework for access or navigation. In the...

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