Frontline and Euronav have entered into a definitive agreement for an all-stock merger to create one of the world’s largest tanker companies.

The post-Covid demand surge for container shipping appears to have run its course according to Drewry’s port throughput indices.

Singapore retains its position as top shipping centre for the ninth year running in the Xinhua–Baltic index in a 10 top ranking that saw little movement apart New York/New Jersey benefitting from a surge in container volumes.

Stockholm-based Hexicon AB has clinched 15 years of revenue support from the UK Government, based on a Contract for Difference (CfD) structure, for its TwinHub floating wind project in the UK’s Celtic Sea.

DHL Global Forwarding and Hapag-Lloyd announced a deal to use advanced biofuels for DHL shipments on Hapag-Lloyd’s vessels.

The UK government introduced legislation aimed at bringing seafarer pay in UK waters in line with UK minimum wage.

PSA Sines has inaugurated a new stage of the expansion phase at the Sines Container Terminal.

CMA CGM Group and French utility company ENGIE have announced they will co-invest in the first industrial and commercial unit for second-generation biomethane production, the Salamander project.

Shipbuilder Ulstein unveiled Ulstein Thor earlier this year at Seatrade Cruise in Miami as a means of supplying zero-emission power to expedition cruise ships in remote regions.

Oslo-based energy analyst Rystad's latest analysis of the world’s energy backdrop indicates a 9% fall in recoverable oil resources, adding more pressure to the planet’s energy security.