Based on the initial political agreement achieved on 23 March on the FuelEU Maritime, the onus is put on maritime operators to use renewable fuels, without any corresponding obligation on the supply side. 

One hundred of IMO's 175 Member States and three associated Members have now been audited under IMO's Member State Audit Scheme (IMSAS).

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on March 13, 2023, we entered into an agreement with a third party for the sale of the M/V Magic Rainbow at a price of $12.6 million.

The European shipping industry warmly welcomes the updated EU Maritime Security Strategy and its Action Plan on “An enhanced EU Maritime Security Strategy for evolving maritime threats”.

The Aspen Institute, Amazon, Patagonia, and Tchibo Launch the Zero Emission Maritime Buyers Alliance (ZEMBA) to Accelerate Maritime Shipping Decarbonization

The 13,200 TEU newbuilding "WAN HAI A01" of Wan Hai Lines made its maiden voyage to Qingdao Port on March 5 after completing the delivery of the ship at HHI Ulsan Shipyard in South Korea.