The maritime industry is standing at the brink of a transformative era—one defined by a commitment to environmental consciousness and sustainability.

With the increasing demand for environmental, social and governance (ESG) reporting in the maritime, offshore and oil and gas industries, many owners and operators are incorporating ESG criteria into their operations.

The findings are based on a survey of respondents from across the maritime sector and conducted in association with 15 shipping organisations, spanning ship owners and managers, classification, technology, ports and marine services.

Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transition away from fossil fuels.

ABS shines a light on the maritime industry’s complex regulatory environment in a major new report summarizing the latest global regulatory developments and guidelines, as well as their impact on the maritime industry.

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.