The container industry made a $59.3bn profit in the first quarter, the sixth consecutive record quarterly profit for the sector.

London-listed Gulf Marine Services (GMS), an operator of self-propelled, self-elevating support vessels deployed in the oil, gas and renewable energy sectors has announced a 2021 net profit of $31.2m, its first positive result since 2016

Brazil will sign an agreement with ten countries on 19 May to establish a faster clearance procedure for imported and exported goods.

The International Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have formalised dialogue with the signing of an MoU on safety, pricing and carbon reduction.

Eurazeo’s Sutainable Maritime Infrastructure (ESMI) fund announced a EUR70m investment from the European Investment Fund (EIF) and its first transaction.

The Maritime Anti-Corruption Network (MACN) has launched a new platform to enable parties to identify risks in different ports around the world.

Insurer Allianz’s annual review of safety and shipping shows a record low in total losses, a higher number of incidents, and a focus on catastrophic cargo fires.

The Getting to Zero Coalition (GtZ) says revenues generated from shipping’s inclusion in the EU’s Emissions Trading Scheme (ETS) could be used to fund a ‘Contracts for Difference’ programme to support the development of new zero-carbon marine fuels.

Singapore is launching a digital campaign to try and attract new talent to the maritime industries.

The flows of tanker cargo have already been changed by the Ukraine war, now in its third month, with additional shifts, possibly of the “tectonic” variety, on the horizon.