World Maritime News
WMNF 09/07/2025
Rerouting leads to increase in containers lost overboard
Rerouting ships around the Cape of Good Hope to avoid the Red Sea has led to an increase in the number of containers lost at sea. In 2024, 576 containers were lost, more than double the 221 lost in 2023, but still below the 10-year average of 1,274. Despite the increase, the loss rate remains very low at 0.0002% of the 250 million containers transported. Mandatory reporting of container losses to the International Maritime Organization (IMO) will start in 2026 to further reduce losses.
Read more: Lloyd’s List
Alternative fuel share of newbuilding orderbook grows as ordering activity slows
19.8 million gross tonnes of alternative fuel merchant ships were ordered in the first half of 2025, a 78% increase from the previous year. Shipowners are taking a more cautious approach to investing in alternative-fuel vessels. Significant recent orders include six 22,000 TEU LNG dual-fuel boxships by MSC and 10 methanol dual-fuel very large ore carriers by Shandong Shipping. Orders for large dual-fuel container ships, bulk carriers, crude oil tankers, and ro-pax ferries have increased. The energy transition is now driven by a broader range of shipowners, with expectations for accelerated fuel choices and energy efficiency investments as regulations become clearer.
Read more: Lloyd’s List
CO2 capture capacity could grow 28-fold by 2050
Carbon capture, utilization, and storage (CCUS) capacity is expected to grow 28-fold by 2050, reaching 2 billion tonnes per year. The market for point-source emissions-linked capacity could reach $1.2 trillion. Growth depends on uncertain policy support, high costs, regulatory hurdles, and public acceptance. Cross-border carbon transport and storage hubs, especially in Europe and Asia, are crucial. Short-term forecasts are less optimistic due to policy uncertainties in the US and slow policy evolution in Asia. Point-source capture could reduce 4% of total emissions by 2050, short of the 6% needed to limit global warming to 2.5°C.
Read more: Lloyd’s List