Orient Overseas Container Line (OOCL) reports total revenues were down 9.0% to $1.98 billion for the first quarter ended 31 March 2024, as compared to the same period in 2023.

“IMO is not slow”, was the reply of Secretary-General Arsenio Dominguez when asked to respond to those impatient with its pace on regulation for decarbonisation of shipping.

Singapore is setting up a training facility for the handling of new fuels with 23 partners from across the international industry.

Dutch towage and maritime company KOTUG International has signed an agreement with Padmos build a series of electric tugs.

Iran’s launch of 300 drones and missiles aimed at Israeli targets in the early hours of Sunday has led to a sharp rise in energy-related geopolitical risk and an expected spike in oil prices.

The US and UK have called for the immediate release of the container ship MSC Aries seized by Iran.

Iranian forces have taken control of a 15,000 teu container ship in the Strait of Hormuz and diverted it to Iran.

Salvors have removed approximately 38 containers from Dali, the containership which remains pinned under the remains of the Francis Scott Key Bridge in Baltimore.

GSBN has published a new study highlighting the potential for significant carbon reductions through the adoption of digital processes in the shipping sector.

Twenty years after adoption the full implementation of the Ballast Water Management Convention (BWMC) is due in September but there are concerns that a significant number of vessels will still not meet the requirements.