1. Maritime industry needs regulatory action to meet decarbonisation and digitalisation goals. The global shipping industry risks falling short of its net-zero and digital transformation ambitions without sufficient regulatory support enacted at a global level, according to the inaugural Global Maritime Trends 2025 Barometer by Lloyd’s Register and Lloyd’s Register Foundation.
https://intermanager.org/wp/wp-admin/post.php?post=166673&action=edit
2. Marine insurance industry advances climate reporting in third annual disclosure report. The Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global shipping decarbonisation with the release of their third annual disclosure report. This year’s report includes contributions from nine signatories and nine affiliate members across ten different countries.
https://cyprusshippingnews.com/2025/03/31/marine-insurance-industry-advances-climate-reporting-in-third-annual-disclosure-report/
3. OCIMF publishes updated guidelines to support safe single point mooring for tankers. The Oil Companies International Marine Forum has published a revision of its Guidelines for the Purchasing and Testing of SPM Hawsers – critical equipment used to ensure the safe mooring of tankers during the loading and discharging of oil cargoes from offshore facilities.
https://cyprusshippingnews.com/2025/03/31/ocimf-publishes-updated-guidelines-to-support-safe-single-point-mooring-for-tankers/
4. Russian sanctions EU FAQs related to the infrastructure transaction ban. Update to Circular dated 10 March 2025 regarding the recent sanctions against Russia: EU FAQs related to the Infrastructure Transaction Ban (Article 5ae of Council Regulation EU no. 833/2014)
https://cyprusshippingnews.com/2025/03/31/russian-sanctions-eu-faqs-related-to-the-infrastructure-transaction-ban/
5. UK freight association boss seeks solutions to uninsured cargo. Steve Parker, director general of the British International Freight Association joined Marcus Baker, global head of marine, cargo and Logistics at Marsh to deliver the opening address at the Cargo Insurance London conference.
https://cyprusshippingnews.com/2025/03/31/uk-freight-association-boss-seeks-solutions-to-uninsured-cargo/
6. Yang Ming signs for three Japanese newbuilds. Taiwanese shipping line Yang Ming Marine Transport has struck a deal with Japanese owner Shoei Kisen for three 8,000 teu methanol dual-fuel-ready containership newbuilds.The world’s 10th and Taiwan’s second-largest liner operator is buying the trio currently under construction at Imabari Shipbuilding, with delivery set in 2028 and 2029.
https://splash247.com/yang-ming-signs-for-three-japanese-newbuilds/
7. COSCO Shipping Specialized Carriers books semisub heavylift ship at GSI. COSCO Shipping Specialized Carriers is expanding its fleet of semi-submersible heavylift vessels with another newbuilding.The unit of COSCO Shipping Group has returned to Guangzhou Shipyard International for a 70,000 dwt unit as part of its plan to strengthen its position in the semisub offshore transportation market segment.
https://splash247.com/cosco-shipping-specialized-carriers-books-semisub-heavylift-ship-at-gsi/
8. Knutsen takes full ownership of Level Offshore. Norway’s Knutsen Group has become the sole owner of offshore recruitment agency Level Offshore by buying out its partner DeepOcean for an undisclosed sum.Level Offshore was founded in 2018 as a 50/50 joint venture between DeepOcean and Knutsen to source temporary and permanent personnel for DeepOcean and has since broadened its customer and contractor base.
https://splash247.com/knutsen-takes-full-ownership-of-level-offshore/
9. China Discovers 100 Mln Ton Oilfield In South China Sea. China National Offshore Oil Corporation has discovered an oilfield in the eastern South China Sea with proven reserves exceeding 100 million tonnes, a report in China’s official Xinhua news agency said on Monday.
https://gcaptain.com/china-discovers-100-mln-ton-oilfield-in-south-china-sea/
10. Canadian Company Seeking Trump’s Approval To Mine Seabed Condemned By Regulators. International regulators on Friday condemned a seabed mining company’s move to circumvent their authority by seeking the Trump administration’s approval to extract critical minerals from untouched ocean ecosystems.
https://gcaptain.com/canadian-company-seeking-trumps-approval-to-mine-seabed-condemned-by-regulators/