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The Bahamas Maritime Authority Celebrates 30 Years of Excellence

The Bahamas Maritime Authority Celebrates 30 Years of Excellence
This year marks a significant milestone for The Bahamas Maritime Authority (BMA) as it proudly celebrates 30 years of maritime excellence. Since its establishment in 1995, The BMA has remained steadfast in its commitment to progress, honour, and service—values that...
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EU prosecutors uncover criminal scheme involving Chinese imports via Greece

EU prosecutors uncover criminal scheme involving Chinese imports via Greece
European prosecutors have uncovered a criminal scheme involving false documentation of Chinese imports to Europe through the Greek port of Piraeus that defrauded authorities of about 700 million euros ($820 million) in lost customs duties and VAT revenue. The...
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Iran: Is the cost of closing the Strait of Hormuz too high?

Iran: Is the cost of closing the Strait of Hormuz too high?
For a few days, the world held its breath. It seems the conflict between Israel, the US and Iran is not going to escalate any further, at least for now. Iran opted to save face by launching an attack on a US military base in Qatar, which the stock market interpreted...
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ICS and European Shipowners | ECSA welcome the Hong Kong Convention entering into force globally

The International Chamber of Shipping (ICS) and European Shipowners | ECSA welcome the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) entering into force globally today. The International Maritime...
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Ship recycling could double to 16,000 ships over the next 10 years

As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) enters into force we have updated our estimate for the ship recycling potential over the next 10 years. We now estimate the potential to be...
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Flettner rotors, green fuels and pools: The path forward for FuelEU Maritime compliance

Since the 1st of January 2025, shipowners have faced new, strict restrictions on greenhouse gas (GHG) intensity levels when calling in EU ports. Unlike previous regulations, FuelEU Maritime is enforced by hefty penalties for non-compliance, driving action in ways...
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