US Central Command (Centcom) announced its latest success in capturing arms destined for the Houthi Movement, however, attacks continue with a strike against a Greek ship on 15 February.
Over 50 vessels attacked by Houthi rebels in the Red Sea, thousands of ships diverted via the Cape of Good Hope, and billions of dollars of trade disrupted in the Red Sea crisis.
The Deputy Administrator for the Panama Canal Authority (ACP), Ilya Espino de Marotta, says the waterway does not expect changes to current vessel transit restrictions until at least April.
Members of the European Parliament agreed changes to the 2009 Maritime Directive which will bring European accident investigation rules into line with the IMO regulations.
The World Shipping Council (WSC) is the latest organisation to put forward a Greenhouse Gas (GHG) pricing proposal to the International Maritime Organization (IMO) although it expects elements of different proposals to form a final agreed structure.
DNV Maritime CEO Knut Ørbeck-Nilssen did not mince his words as he set the scene at the opening of the DNV Maritime Energy Summit on 8 February.