News Flash | Sea and Job

Direct ocean carbon removal startup declares technology advantage over DAC

Captura asserts its direct ocean carbon capture technology is more efficient than direct air capture for meeting net-zero emissions by 2050, with plans to secure an offtake agreement for its first commercial plant by year-end. The company’s direct ocean capture system...

Gemini raises schedule reliability despite congested ports

Hapag-Lloyd and Maersk had set out to substantially improve vessel schedule reliability with the new Gemini Cooperation network, which started in February. Six months on, are shippers benefiting from the punctuality improvements they were promised? When Maersk and...

Employment law implications for shipowners and charterers sailing through areas of conflict

The ongoing Iran–Israel conflict and the volatile situation in the Red Sea and Strait of Hormuz have intensified scrutiny of maritime risk zones. While the industry addresses insurance implications and routing strategies, a less discussed but critical concern lies in...

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. allows some...

CK Hutchison port deal deadline likely to be extended as US-China tensions weigh, sources say

CK Hutchison’s plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended. The Hong Kong...

Sri Lankan court orders owners of container ship to pay $1 billion in marine pollution compensation

Sri Lanka’s top court ordered the owners of a Singapore-flagged container ship that sank near its capital to pay $1 billion in compensation to the island nation’s government for causing the most severe marine environment catastrophe in the country’s history. The...

Direct ocean carbon removal startup declares technology advantage over DAC

Gemini raises schedule reliability despite congested ports

Employment law implications for shipowners and charterers sailing through areas of conflict

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

CK Hutchison port deal deadline likely to be extended as US-China tensions weigh, sources say

Sri Lankan court orders owners of container ship to pay $1 billion in marine pollution compensation

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