U.S. and Chinese officials are reporting that good progress has been made in the early phases for the launch of the first green shipping corridor on the Pacific. The sponsors of the project highlighted the progress during a conference in Shanghai while China’s...
The U.S. equity firm ONEX outlined its second phase of investments in its Greek shipyards while hosting a visit by the Greek Minister of Development Takis Theodorikakos at the Neorion Shipyard on the island of Syros. The company has been pursuing the revitalization of...
Europe’s second-busiest port, Antwerp-Bruges, is facing one of its most challenging years in recent times, characterized by mounting crises that are significantly impacting performance. The port is reporting that global uncertainties, specifically the volatile trade...
More than 80 percent of the world’s goods, measured by volume, are transported by ship. This transport accounts for three percent of global greenhouse gas emissions, according to the UN Trade and Development (UNCTAD). “Many people probably think that we can simply...
A court in Trapani, Italy has handed the migrant rescue NGO community a symbolic but potentially consequential win. In a ruling this week, the presiding judge lifted a detention order on a rescue ship that had refused to divert to a distant port for disembarkation....
The investigation into the shadow fleet tanker that has been accused of various incidents, including the drones over Denmark, has deepened. The French news agency Agence France-Presse is reporting that the police have taken into custody two officers of the vessel,...
