London-based digital technology firm, Orca AI, has now raised close to $40 million with its latest tranche of $23 million new funding.

The ports of Rotterdam, Hamburg, and Antwerp-Bruges are participating in the Climate Resilient Port Infrastructure, or Clarian Project.

The universe of listed US based shipping players is about to shrink further with Overseas Shipholding Group (OSG) being acquired by its largest shareholder.

US President Joe Biden has imposed new tariffs on goods including electric vehicles, batteries, and semi-conductors imported from China.

Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.

NYSE-listed Scorpio Tankers is in discussions to reduce its debt levels which would substantially lower its breakeven level and see it printing money.

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.