The Suez Canal reduced the cost of fees for ships returning from northern Europe…
Last year, the canal authorities increased the rebate for these return voyages to 17%, as carriers would otherwise…
ZIM bolsters investment in electronic bills of lading
Israeli carrier ZIM is boosting its ambitions to eliminate paper bills of lading with a new investment in a local…
U.S. refiners cut back on vessel hiring
U.S. refiners are reducing vessel hiring for longer periods to save costs, in another sign of uncertainty over when…
Japanese banks sign up to the Poseidon Principles
Japan's leading banks have signed up to an initiative linking shipping finance to carbon dioxide emission…
ONE Apus Container Carrier returns to sea after three months of recovery
The container ship ONE Apus returned to sea, more than three months after it sought refuge in Japan following one…
China busts $770 million oil smuggling network
China busts $770 million oil smuggling ring in which 11 ships were seized and 171 suspects arrested
Panama requests mediation by the International Maritime Organization (IMO)
The Republic of Panama requested the collaboration of the Secretary General of the International Maritime…
U.S. Air Force Finds 5 Missing Fishermen on Pacific Island
Thanks to an extensive search effort by the U.S. Air Force and U.S. Coast Guard, a Good Samaritan vessel rescued…
Shipping congestion at L.A. ports begins to ease
Shipping congestion outside the largest U.S. gateway for imports from Asia showed signs of easing over the past…
China to become the largest offshore wind market by 2029
The global offshore wind O&M market is forecast to grow 16% annually to $12 billion by 2029, with China set to…