Wednesday, 22 October 2025

SEA SCOPE

ITIC warns ship managers of the dangers of management mistakes

International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries – has advised ship managers to be wary of the risks and costs involved with claims of failing to meet contractual obligations.  

Shipping industry faces two alternative decarbonisation paths with hydrogen-based fuels and biofuels vying for prominence

In view of the maritime sector's strengthened commitments to reduce GHG emissions to net-zero by 2050, the Lloyd’s Register (LR) Maritime Decarbonisation Hub’s “The Future of Maritime Fuels” report presents a review of a wide range of fuel mix projections and has identified two alternative paths that will steer shipping’s course – hydrogen-based fuels scenarios and biofuels scenarios.

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