ClassNK

Mitsui OSK Lines Celebrates Key Milestones for Decarbonization and Innovation This December

Mitsui O.S.K. Lines celebrated December 2025 with strategic announcements such as AiP for subsea cable vessels, low-carbon ammonia transportation deal with JERA and carbon removal partnership as well as their India manning arm's 30th anniversary celebrations and Jotaro Tamura's anticipated takeover as CEO during Blue Action 2035 Phase 2. A leadership transition date of April 2026 is planned under this initiative.

Bulk Carrier

Bulk Carrier Sector Experiences Key Acquisitions and Orders Amid Diverse Freight Rates

Yang Ming Marine Transport's dry-bulk unit recently signed contracts to acquire four Handymax bulk carriers valued at up to $173 million, while Genco Shipping agreed to purchase two high-spec Newcastlemax vessels for $145.5 million. These moves come on the heels of capesize rate gains and soft smaller segments as well as ClassNK's AiP for advanced fuel-ready bulkers and Pacific Basin's newbuild orders.

NYK Line

NYK Line Accelerates Decarbonization Strategy with Ammonia Focus and Strategic Partnerships

In November 2022, Nippon Yusen Kabushiki Kaisha reinforced its net zero carbon emissions by 2025 commitment by developing ammonia vessels, issuing transition bonds, and rejoining 2020. The company delivered its fourth PCTC powered by LNG dual fuel engines and set ammonia as its preferred pathway for decarbonization by 2050.

Classification Society

Classification Societies Advance Digital Innovation and Emissions Compliance Standards

Classification societies have markedly increased the level of regulatory and technical updates between November and December 2025, focussing on emission reporting deadlines, lifting appliance requirements and new technology approvals. Among these, the U.S. Coast Guard have published updates to their Alternate Compliance Program, and there are also revisions to SOLAS, among other guidance around lifting equipment.