DP World has launched CARGOES Finance — a new financing solution and fintech platform providing access to finance to support small-to-medium businesses.

Cyprus has launched its long-term strategic vision for shipping with the country’s President Nicos Anastasiades highlighting the importance the country is placing on the shipping sector.

UK sovereign wealth fund CDC Group is partnering with DP World on African port development investments.

P&I insurers and their US-based lawyers are said to be ‘gravely concerned’ over the outcomes and scale of claims from damage to the San Pedro Bay Pipeline off the Californian coast, thought to have been ruptured by a ship’s anchor.

China Development Bank (CDB) Leasing is acquiring nine bulk carriers from New Dayang Shipbuilding.

The New York-based investment firm Stonepeak has announced it will acquire the Bermuda-based shipping company Teekay LNG Partners for $6.2bn.

The Maritime Anti-Corruption Network (MACN) has is new regional maritime anti-corruption Collective Action Initiative in India, Pakistan and Bangladesh.

For those outside the maritime business, investing in it has presented challenges for US investors, a gap that exchange traded funds (ETF) have moved to fill.

President of Cyprus Nicos Anastasiades has praised the resilience of the shipping sector and its contribution to the Cypriot economy despite the adverse conditions caused by the Covid – 19 pandemic.