The CBAM (Carbon Border Adjustment Mechanism) is an EU regulatory tool whose relevance to global trade will continue to grow over the coming years. Why? Because it introduces additional charges for CO₂ emissions related to the production of selected goods imported...

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ClassNK has issued an approval in principle (AiP) for a large liquefied CO2 carrier (50,000m3) jointly developed by Dalian Shipbuilding Offshore Co., Ltd. (DSOC) and Nantong Offshore Design & Research Institute Co. Ltd (NODRI). The certification confirms the...

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Zelim is calling on international regulators and flag states to follow India’s lead on enhancing maritime safety and security, following the country’s introduction of new rules requiring the use of Closed-Circuit Television (CCTV) on domestic and international ships...

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Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Knutsen NYK Carbon Carriers (KNCC) for its Elevated Pressure Liquefied Carbon Dioxide (LCO₂-EP) cargo containment system. The AiP was awarded in a ceremony at Gastech 2025 in Milan. Designed to transport...

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The Korea Shipowners’ Association (KSA) on the 11th voiced strong opposition to POSCO Group (POSCO Holdings) considering an acquisition of the shipping company HMM, saying it is concerned that conglomerates entering the shipping industry will lead to the elimination...

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At Gastech 2025, DNV awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for the design of next-generation LNG carriers (LNGC) and Very Large Ethane Carriers (VLEC) with forward accommodation and Wind-Assisted Propulsion Systems (WAPS). The...

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