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MOL to Join Offshore Wind Power Project off Taiwan- Advancing toward Clean Energy Production through Participation from Construction Phase

Mitsui O.S.K. Lines, Ltd. has agreed to acquire a 10% stake in CI Fengmiao Ltd from Copenhagen Infrastructure Partner P/S (CIP; Partner and Head of Asia-Pacific: Thomas Wibe Poulsen; Headquarters: Copenhagen), a Danish renewable energy fund, in order to gain insights...
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Port of Seattle: International Maritime Organization Takes Big Step to Support Global Net-Zero Goals

Port of Seattle: International Maritime Organization Takes Big Step to Support Global Net-Zero Goals
The climate crisis demands action across all sectors. It’s the shipping industry’s turn given it is estimated to contribute 3% climate warming gases. A new landmark agreement makes significant progress towards reducing the environmental footprint of moving goods and...
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Call for New Arctic Council Chair to Take Lead on Controlling Super Pollutants From Shipping

Call for New Arctic Council Chair to Take Lead on Controlling Super Pollutants From Shipping
Ahead of the Kingdom of Denmark taking over the Arctic Council Chairship from Norway next week, the Clean Arctic Alliance is calling on government ministers and Senior Arctic Officials from Arctic Council member and observer states to commit to curbing the rise of...
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India and Pakistan tensions to spike shipping, insurance costs, delay commodity trade

India and Pakistan tensions to spike shipping, insurance costs, delay commodity trade
Military hostilities between India and Pakistan could push up freight costs for several commodities due to delays in berthing at ports, reluctance of crew and ships to move in the region, and higher insurance premiums, market participants, insurance brokers, and...
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Cargo thieves are attacking the U.S. supply chain at alarming rates

Cargo thieves are attacking the U.S. supply chain at alarming rates
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed...
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EU navy urges ‘maximum vigilance’ among shipowners despite US-Houthi truce

Shippers should remain vigilant when transiting the Bab al-Mandab strait, despite the recently announced truce in hostilities between the US and Yemen’s Houthis, the commander of the EU’s naval force in the region said May 9. Recent discussions facilitated by Oman...
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