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.
The beginning of January this year heralded the start of the EU Emissions Trading Scheme (ETS) and to comply companies face a series of deadlines between now and 2025.
A European Commission proposal would give shipping priority access to low- and zero-emissions fuels to help meet the bloc's decarbonisation targets.
The world’s third largest container line CMA CGM has stopped transiting the Red Sea and is rerouting via the Cape of Good Hope to avoid the threat of Houthi attacks.
US and UK forces carried out a further series of strikes at the weekend on Houthi targets in Yemen being used to attack commercial shipping the Red Sea.
US military say that two missiles fired by Houthi rebels at the container ship Koi on 1 February failed to reach their target.