The bull market in the tanker sector continues to run, two years after its beginnings in the wake of Russia’s invasion of Ukraine.

Oslo-based ro-ro and vehicle logistics company, Wallenius Wilhelmsen (WW), has reported strong performance during the first three months of the year despite the impact of external events.

CVC Funds is becoming a minority investor in the coatings company which has been solely owned by Hempel Foundation for 75 years.

Meeting 2030 emissions targets will be easy compared to the following 20-year period when shipping is aiming to reach net zero emissions targets, which will require a sea change in the way maritime business is done.

Captain Pappu Sastry, CEO of Adhira Shipping and Logistics is calling for a radical restructuring of corporate governance in shipping to relieve pressure on crew and ship managers and provide professional oversight of shipping companies and owners.

A maritime lawyer of outstanding ability, Julian Clark has passed away following a battle with terminal cancer diagnosed last November.

The DNV and Menon Economics Leading Maritime Cities report saw only one change in the top five with Oslo replacing Tokyo in fifth position.