MAN Energy Solutions and DNV signed a three-year MoU to collaborate on decarbonisation, digitalisation and hydrogen in the maritime industry.

Public outcry against P&O Ferries and its parent company DP World has continued in the UK, with the sackings making the front pages and sparking a debate in parliament.

Lax cyber security measures can prove costly with research showing that where shipping companies paid a ransom as result of an attack it averaged some $3.1m.

Despite the challenges facing ports, Cosco-controlled Piraeus Port Authority (PPA) recorded its highest ever level of profitability in 2021 with all sectors of business showing an improvement in performance.

The European Commission’s proposal for a new regulation on shipments of waste, which could break the current ship recycling impasse, has been welcomed by the European Community Shipowners Associations (ECSA).

The early months of 2022 have shown no improvement to supply chain disruption, with Clarksons Research cross-segment Deep Sea Cargo Vessel Port Congestion Index up to 31.5% in the year so far, compared with an average 30.8% in 2021.

Even taking into account the lamentable record of the shipping industry’s general treatment of its seafaring workforce throughout history, the cack-handed instant dismissal of 800 ferry workers by P&O Ferries seemed to mark a new low.

P&O Ferries’ decision to fire 800 seafarers without warning has drawn widespread condemnation across parliament, unions and social media.

The merger of North P&I and the Standard Club is aimed at providing a stronger, more stable business and platform for future, according to the Chief Executives of both insurers.

Xeneta reported that container freight rates on the Far East-Mediterranean trade have been flat this year, supported by disruption in other trades.