Statement from Russia’s foreign ministry adds confusion to ceasefire deal saying agreement will only come into force when certain sanctions and financial restrictions are removed

DFDS’s Torben Carlsen lambasts current failings of the ETS process, which he says has become merely a revenue generator for the EU. Without effective reinvestment, the shipping sector risks being disadvantaged in its decarbonisation efforts, he told the European Shipping Summit

Prior to joining Crowley, Fuss was the finance chief at global mining services and equipment company Boart Longyear

Member states should be careful not to over-reward fossil LNG -fuelled vessels, Sanne Frias Henriksen said in Rotterdam

UK Coastguard said on March 25 that the salvage operation of the containership had progressed enough to allow safe towage

The drumbeat of tariff announcements out of the US is weighing on the entire stock market, including shipping equities. Ocean transport demand is driven by global economic growth. The concern is that a US-induced trade war would stifle that growth

Despite maintaining its image for safety and prestige, the country’s flag is continuing to lose ground and now accounts for just 13.8% of Greek shipping, according to latest statistics

Two Russian nationals were seriously injured during the reported explosion on board the vessel. All 23 crew members were evacuated by the South Korean Coast Guard and the fire was extinguished within 50 minutes