As the spring 2025 deadline for turning IMO’s revised GHG strategy into regulation approaches, progress was made last week at meeting 16 of the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG GHG 16).
Greek shipowners have piled on newbuildings contracts over the last 12 months with the orderbook growing by over 50% according to figures published by the London-based Hellenic Shipping Cooperation Committee (GSCC).
Search and rescue operations are ongoing for a seafarer missing from a bulk carrier in Singapore waters since the early hours of 15 March.
Shipping demand, new energy cargoes and the impact of very worrisome “unknown unknowns” that come from wars and diplomacy.
As companies look to secure and diversify supply chains through nearshoring there is not another one-stop-shop alternative to China.
The Panama Canal Authority (ACP) is easing transit restrictions adding three daily book slots later in March as water levels improve.
The US military says some 28 drones were downed in less than five hours on 9 March fired by Houthi rebels in Yemen at vessels in the Red Sea.
The Argentinian government has announced plans for a $550 million investment to build a new port in the agricultural region of Rosario.