Over 50 vessels attacked by Houthi rebels in the Red Sea, thousands of ships diverted via the Cape of Good Hope, and billions of dollars of trade disrupted in the Red Sea crisis.
The Deputy Administrator for the Panama Canal Authority (ACP), Ilya Espino de Marotta, says the waterway does not expect changes to current vessel transit restrictions until at least April.
The World Shipping Council (WSC) is the latest organisation to put forward a Greenhouse Gas (GHG) pricing proposal to the International Maritime Organization (IMO) although it expects elements of different proposals to form a final agreed structure.