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The shipping industry is poised at a critical crossroads, and no matter what decisions emerge in October, they will dramatically reshape the future of the industry. Not only is the International Maritime Organization (IMO) seeking member adoption of its decarbonization framework, but the United States is poised to take a series of actions to support its merchant marine that will have wide-ranging ramifications globally.
Speaking at the 60th meeting of the Houston Marine & Energy Insurance Conference last week, Jeanne M. Grasso, partner at Blank Rome law firm, outlined the myriad of issues scheduled to reach critical decision points in the coming weeks. She advised the audience to stay tuned and pay close attention, as many unresolved issues should be coming to critical points.
Read more in an article from The Maritime Executive.