While shipping lenders have taken early steps through their Poseidon Principles, aligning portfolios to decreasing CO2 trajectories in line with global targets, this is at times at odds with their beliefs and behaviours in what they are financing, according to a new academic study

Pirates or Houthis? The identity of the attackers who boarded Zodiac-owned Central Park over the weekend remains unclear. But the net effect of this latest incident — coupled with missile and drone attacks, the seizure of Galaxy Leader, and an unwillingness from navies to commit to escorts — is driving ships with even partial links to Israel to divert

Zodiac’s chemical tanker Central Park was boarded by pirates on Sunday morning, not, as initially reported, Houthi naval forces. All crew are safe and the vessel and cargo undamaged. US navy has apprehended five individuals who are being held for questioning

After burning through $48m of Microsoft funding, the innovative AI platform developed by New York tech firm Nautilus Labs has been bought out by Danish technology provider Danelec

The Euronav management team are out and the Saverys family are in as CMB’s executive team effectively take over control of Euronav and set about transforming the tanker giant into a diversified, decarbonised innovator

Ships considered to be high-risk targets with links to Israel are diverting around the Cape of Good Hope to avoid being targeted in the Red Sea, however, naval ships are quietly escorting the few remaining vessels prepared to enter the region