In bid to reduce export backlogs

Biden signs ocean shipping bill

President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The bipartisan bill passed the U.S. House of Representatives on a 369-42 vote earlier this week

politics

Greece wants to keep open channel to Turkey

Erdogan has halted bilateral talks in a dispute over airspace violations and a perceived slight from Mitsotakis, whom he has accused of trying to block sales of F-16 fighter jets to Turkey when the Greek Prime Minister visited Washington in May

The strategy

Brazil picks Gileno Gurjao Barreto as Petrobras chairman

Sao Paulo - The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board. The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive

All 10 ships in operation

Silversea Cruises completese its full return to service

Silversea’s entire 10-ship fleet has now re-entered service. Since "Silver Moon" first set sail on June 18, 2021, Silversea has led the global restart of ultra-luxury cruising, successfully welcoming guests around the world

The war effects

U.N. plan to get Ukraine grains out faces hurdles / EXPLAINER

Kiev - Turkey said on Wednesday a United Nations plan to set up a sea corridor for Ukrainian grain exports overseen by Ankara was "reasonable," but required more talks with Moscow and Kyiv to ensure ships would be safe

Tanger Med is the first port in Mediterranean-Europe Region

Middle East container ports are the most efficient in the world

Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port

Final results

UK Club well positioned for future growth

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, announces its financial results for the year ended 20 February 2022. The Club’s financial position remains strong with free reserves of $488 million as at 20 February 2022

As tensions rise

Iran seizes 2 Greek tankers in Persian Gulf

Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday, May 27, 2022, in helicopter-launched raids in the Persian Gulf, according to officials. The actions were an apparent retaliation for Athens assisting the U.S. in seizing Iranian crude oil in the Mediterranean Sea

The agreement

IMO breaks deadlock on carbon pricing for shipping

Londra - The push to decarbonize the commercial shipping industry has achieved a major breakthrough after countries reached a consensus on carbon pricing of shipping emissions, a development that comes after more than 10 years of stalemate