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Law & Regulation

Keep informed with daily analysis and insight into the regulatory landscape and legal issues for shipping; be proactive in adapting your organisation to meet new requirements and identify risks to your business model through our expert coverage

 

Otto Schacht and Kirsi Tikka join Lloyd’s List advisory panel

The Editorial Advisory Board was established in 2018 to ensure that Lloyd’s List maintains the highest standard of journalism and is the most trusted provider of shipping news and analysis

People Containers

Sea Cargo Charter to align with new IMO strategy

The initiative looks to broaden its scope of membership to shipowners, while its 37 members already represent 17% of total bulk cargo transported annually

Sustainability IMO

Top 10 maritime lawyers 2023

The ubiquity of English law and London arbitration makes the UK a natural centre for barristers and solicitors specialising in shipping, although the US and Asia also play leading roles

Top 100 People Law

Shipping chief executives call for faster pace in decarbonisation drive

Joint statement ahead of COP28 from the bosses of box lines Maersk, CMA CGM, Hapag-Lloyd, Mediterranean Shipping Co and car carrier Wallenius Wilhelmsen called for even faster action from regulators

International Containers

Pakistan confirmed as 23rd nation to ratify Hong Kong Convention

The Hong Kong Convention will enter into force on June 26, 2025, following the confirmation by Bangladesh and Liberia earlier this year, which finally enabled all the requirements for the convention on environmentally safe and sustainable ship recycling to be met after its adoption in 2009

International Pakistan

Russia ousted from IMO Council

Member states of the International Maritime Organization have ousted Russia from the IMO Council. At the same time, Liberia was elected as a member of the organisation’s executive body for a two-year term

Russian Federation Regulation

Iran oil seizures near $300m as US sells Suez Rajan cargo

The 980,000 barrels of Iranian crude oil seized by US authorities off Suez Rajan have been sold to an undisclosed buyer for $83.5m. It brings the total value of seized oil sold by the US to $290m

Sanctions Tankers and Gas

ICS expresses ‘serious concern’ at Red Sea attacks

Gard issues loss prevention advice for vessels transiting region

Insurance Piracy and Security

Top 10 class societies 2023

The world’s leading classification societies are fundamental to the decarbonisation and digitalisation of shipping. The year 2023 has seen a flow of communications from class regarding approvals in principles for new carbon-reduction technology and concept designs for alternative fuel vessels — even including the once-derided nuclear power. Meanwhile, LRs Nick Brown steps down from two-and-half years as chairman of the International Association of Classification Societies, to be replaced by Rinas Roberto Cazzulo in January 2024

Top 100 People Classification

Shipping lines to absorb carbon costs but speeds will drop: HSBC

Capability to offer carbon-neutral shipping solutions at scale will become a new source of competitiveness for carriers, says a research report from the bank

Containers Sustainability

Ghost of bankrupt US retailer comes to haunt MSC in gargantuan FMC complaint

Bankrupt US home goods retailer Bed Bath and Beyond has filed an FMC complaint against Swiss liner MSC alleging exploitative and coercive behaviour, and seeking at least double digits in damages

Containers Law

Danish Ship Finance floats voyage performance index

Danish Ship Finance suggests a voyage performance index would prepare shipping for a more expensive future, as it would reward vessel operators that attain better performance while ensuring cargo owners pay for it

Sustainability Regulation

Geopolitics and dark shipping to dominate IMO assembly

Assembly to debate a resolution to address the dangerous and illegal shipping practices of a dark fleet of sanctions-circumventing tankers and decide whether to expel Russia from of the IMO Council

IMO Political Risk and Trade

Shipping’s carbon challenge is a case of economic Darwinism

The EU Emissions Trading System is going to be difficult and expensive for shipping. It is without doubt flawed and there are many questions to be answered, but it will start to sift those who have been genuinely charting a new course from those who have been secretly hoping all this will just go away

Lloyd List - The View Regulation

EU makes final ETS clarifications ahead of implementation

Ships will start paying for CO2 emissions on voyages that include an EU port from 1 January 2024, while preparations are ongoing amid new clarifications from the European Commission on implementation

Europe Sustainability

Industry anxiety grows as EU ETS draws near

Asian shipping stakeholders use platform of Hong Kong Maritime Week to air last minute ETS gripes, with concerns ranging from unsolved charterparty liability allocation to possible equitable competition

Sustainability Regulation
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