World Maritime News
WMNF 25/06/2026
Focus on boring decarbonisation solutions, not future fuels, say shipowners
The article discusses the shipping industry’s approach to decarbonization, emphasizing the importance of efficiency improvements over investing in future fuels, such as ammonia, methanol, and hydrogen. Key points are as follows:
– Shipping is already highly efficient in terms of emissions per tonne of cargo carried.
– Significant investment in future fuels is questioned due to a lack of clarity and high costs.
– Shipowners are encouraged to focus on energy-saving devices and strategies, such as carbon capture and slow steaming, to reduce their environmental impact.
– Recent regulations set clear milestones for emissions reduction, including a historic carbon price.
– Optimizing existing technology can generate substantial efficiency savings, such as new freshwater generators using 30% less energy.
Overall, the article suggests that practical, immediate efficiency gains are more achievable and beneficial than speculative investments in future fuels.
Read more: Lloyd’s List
Conflict between Israel and Iran would ‘most certainly’ close the Strait of Hormuz
There is the potential closure of the Strait of Hormuz due to a conflict between Israel and Iran. The Strait of Hormuz is crucial for global oil supply, with one in five barrels passing through in 2023. Any conflict could close the Strait of Hormuz, causing oil prices to skyrocket.
Read more: Lloyd’s List
Port of LA imports sank 19% in May vs April, with no major rebound expected
Imports to Los Angeles declined to just 355,950 teu in May, the lowest monthly total since April 2023. Port of LA’s Seroka expects imports to peak in July, followed by a weaker second half compared to 2024; cargo flow is expected to be ‘modest’ through year-end. Economist Ernie Tedeschi sees a 14% negative drag on import volumes due to the current US tariff policy.
Read more: Lloyd’s List