Despite ten years of steadily improving casualty statistics, a joint study by DNV and Lloyd’s List Intelligence identifies new fuels and digital technologies as new risks that need to be addressed.
Norway’s Export Finance (Eksfin) has now pledged loans and guarantees worth a total of NKR10.3bn ($1.13bn) for offshore wind projects around the world.
Ports and terminal operators are entering a new era where the operational threats they face – both old and new – will make a return to ‘business as usual’ increasingly unlikely, even once the pandemic finally subsides.
Terminal operator PSA International is continuing its push into the wider supply chain acquiring US-headquartered logistics solutions provider BDP International.
The booming container shipping market came too late save Pacific International Lines (PIL) from restructuring, but is enabling repay scheme debts to the tune of $1bn ahead of schedule.
Swire Pacific Offshore (SPO) is the latest maritime-related business to be hit with a cyberattack with a loss of both commercial information and personal data.
Unprecedented $48.1bn earnings for container shipping in Q3 saw the industry surpassing tech giants Facebook, Amazon, Netflix and Google, or FANG, in terms of profitability.
