In the era of carbon pricing, charterers will need clear visibility of emissions performance to be able to successfully meet contractual responsibilities, writes Richard Bjercke, Commercial Director at Yara Marine Technologies.
Mitsui OSK Lines (MOL) is set to be the first shipping company to issue “blue bonds” through a public offering in Japan's domestic market in January 2024.
The discussions at the Marine Money conference in New Orleans offered contrasted opinions for financing of U.S. maritime assets.
Greek Shipping and Island Policy Minister Christos Stylianides said it is a matter of high priority to align EU legislation on Emissions Trading System (ETS) in shipping with international standards adopted by the IMO but that this must be done...
A major increase in the number of large container ships over the next two years will inevitably lead to an increase in casualties according to the forward-looking statement in Allianz Global’s annual Shipping and Safety Review.
A crisis in the international salvage response system could leave the maritime industry exposed without the possibility of dealing with certain types of casualties.
The on/off privatisation plans for the Port of Santos have been officially removed by the Brazilian authorities.
At least 12 container vessels have diverted from transiting through the Red Sea to avoid potential attacks by Houthi militia taking the much longer route via the Cape of Good Hope, according to analyst Alphaliner.
As attacks on shipping in the Red Sea and the Strait of Hormuz intensify a lack of economically viable alternative routes means governments and military must secure the safety of trade according to maritime experts.
The influence of family-owned businesses remains strong in shipping casting a strong influence on the potential for mergers and acquisitions in the sector.