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.

AP Moller - Maersk successfully placed a EUR500m green bond issue to fund its green methanol powered newbuildings.

Although the just released Stats Report from the International Union of Marine Insurance (IUMI) identifies broadly positive trends in 2020, it also highlights specific areas of concern – notably shipboard fires on containerships.

Eight tankers owned by Brightoil will be auctioned online in December this year, after the company’s restructuring bid failed last year.

Container lines raked in massive profits in the third quarter as supply chain disruption and port congestion continued unabated.