IKEA Supply Chain Operations will ship between Asia and Europe using biofuels to reduce CO2 emissions by around 100,000 tonnes in a year.

Salvage teams in Baltimore are preparing to remove the section of bridge from Dali to free the stuck container ship.

Fast growing container line SeaLead has shifted senior executive Ashok Pillay into a new role as Managing Director for North and Southeast Asia as it looks to expand in the region.

Container line Maersk says the risk area from Houthi attacks has expanded further offshore lengthening the rerouted voyages and increasing costs.

Latest figures from Oslo freight analyst, Xeneta, reflect mixed signals from the world’s liner trades.

Iran’s Foreign Minister told his Estonian counterpart that the ship was seized for endangering the security of navigation.

Following the Houthi attack the 29 April MSC Orion which reportedly took place some 400 nm south of mainland Yemen, which could raise concerns about the ability of coalition forces to protect commercial vessels in a much wider theatre of operations.