1. Columbia Group welcomes UK-EU alignment on ETS but warns it is not a silver bullet for emissions cuts. Columbia Group has welcomed the UK government’s announcement to link its emission trading system with the EU and is urging other countries to follow suit.
Philippos Ioulianou, Managing Director of EmissionLink, member of Columbia Group, believes this move is a milestone moment in the journey of decarbonisation and shows real progression in reducing regulatory fragmentation, particularly for cross-border shipping operations.
https://cyprusshippingnews.com/2025/06/03/columbia-group-welcomes-uk-eu-alignment-on-ets-but-warns-it-is-not-a-silver-bullet-for-emissions-cuts/
2. MSC Shipmanagement and Frederick University announce new partnership to empower the next generation of Maritime professionals. Frederick University is proud to announce the signing of a Memorandum of Understanding with MSC Shipmanagement Cyprus, a key subsidiary of MSC – the world’s largest container shipping company. MSC leads the global maritime industry, operating a fleet of over 800 container vessels and managing more than 900 ships across various sectors through MSC Shipmanagement, making it a global leader in both container shipping and ship management.
https://cyprusshippingnews.com/2025/06/03/msc-shipmanagement-and-frederick-university-announce-new-partnership-to-empower-the-next-generation-of-maritime-professionals/
3. US Tariff turmoil is not over: Trump has other levers to pull in trade wars and bring further confusion to global supply chains. The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers – but it could signal the beginning of the next era of confusion in global supply chains.
https://cyprusshippingnews.com/2025/06/03/us-tariff-turmoil-is-not-over-trump-has-other-levers-to-pull-in-trade-wars-and-bring-further-confusion-to-global-supply-chains/
4. UK-Korea workshop sharpens focus on regulatory readiness for autonomous shipping. Maritime leaders from the UK and Korea have advanced the regulatory and commercial future of Maritime Autonomous Surface Ships , following a technical workshop led by Lloyd’s Register, the Korea Research Institute of Ships & Ocean Engineering , and the UK’s National Physical Laboratory .
https://cyprusshippingnews.com/2025/06/03/uk-korea-workshop-sharpens-focus-on-regulatory-readiness-for-autonomous-shipping/
5. MSC Shipmanagement and Frederick University announce new partnership to empower the next generation of Maritime professionals. Frederick University is proud to announce the signing of a Memorandum of Understanding with MSC Shipmanagement Cyprus, a key subsidiary of MSC – the world’s largest container shipping company. MSC leads the global maritime industry, operating a fleet of over 800 container vessels and managing more than 900 ships across various sectors through MSC Shipmanagement, making it a global leader in both container shipping and ship management.
6. MR2 tankers lead secondhand sales. A flurry of secondhand tanker sales has emerged across various size segments this week, with MR2 units drawing the most buyer interest in the wet trades. Yet, while steady charter rates have supported asset values longer than expected, multiple brokerages now warn that prices—particularly for modern eco-design vessels—are on the verge of cracking.
https://splash247.com/mr2-tankers-lead-secondhand-sales/
7. Jim Lawrence passes away. One of the best-known names in American maritime passed away on Sunday. Jim Lawrence, the founder of Marine Money and MTI Network, succumbed to cancer at the age of 70. Lawrence was also the founder of the Connecticut Maritime Association’s annual conference, something that was sold to Informa seven years ago.
https://splash247.com/jim-lawrence-passes-away/
8. Panama Claims 650 Ships Removed from Registry Over Sanctions. Panama’s Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said on Monday.
https://gcaptain.com/panama-claims-650-ships-removed-from-registry-over-sanctions/
9. ONE Launches Green Ship Recycling Policy Ahead of Hong Kong Convention. Ocean Network Express (ONE) has announced the implementation of a comprehensive Ship Recycling Policy and membership in the Ship Recycling Transparency Initiative (SRTI).
Announced last week in Singapore, the initiatives demonstrate ONE’s commitment to responsible end-of-life vessel management as the company prepares to receive its newbuild ships.
https://gcaptain.com/one-launches-green-ship-recycling-policy-ahead-of-hong-kong-convention/
10. Washington State’s ‘Wenatchee’ Becomes Largest U.S. Ferry to Go Hybrid. Vigor Marine Seattle has completed a groundbreaking hybrid-electric conversion of the Washington State Ferry M/V Wenatchee, marking a significant advancement in maritime sustainability.The 202-vehicle ferry, one of the largest in the WSF system, now holds the distinction of being the largest U.S. passenger ferry to undergo electrification.
https://gcaptain.com/washington-states-wenatchee-becomes-largest-u-s-ferry-to-go-hybrid/