Cosco Shipping Captive Insurance has become the first Asian marine hull insurer to sign up to the Poseidon Principles on climate.

A study on shipping’s progress towards decarbonisation said the industry will need to commit to investing $40bn a year by 2030 to develop Scalable Zero Emission Fuels (SZEF).

The European Union (EU) needs to ensure its sanctions on Russia sanctions do not negatively impact the bloc or individual member states, especially when it comes to the shipping sector, said Cyprus President, Nicos Anastasiades.

A shipping sustainability consultant is calling for greater dialogue between segments of the shipping industry as a way of improving the effort to reduce emissions in shipping.

The Maritime Anti-Corruption Network (MACN) is aiming to build collaboration and cooperation with Suez Canal Authority (SCA).

It is, some have suggested, just a symptom of the way society has changed. If you make a mistake, or take the wrong decision, which leads to what we used to term an “accident” it is likely to become the subject of criminal charges.

Looming economic uncertainty and the fallout from the war in Ukraine could upset buoyant conditions in container and tanker trades, cautions former International Chamber of Shipping (ICS) chairman Esben Poulsson.

The Federal Maritime Commission (FMC) was continuing on its course of implementing mandates contained in the Ocean Shipping Reform Act of 2022 (OSRA 2022).

There is a new reality in global trade to which everyone must adapt – sanctions against Russia are here to stay for the foreseeable future.

The Ocean Shipping Reform Act of 2022 (OSRA 22) includes a provision mandating the Federal Maritime Commission (FMC) to seek comments on whether congestion of the carriage of goods has created an emergency situation.