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After 15 years of negotiations, UN member states agreed on landmark new treaty on 4 March to protect marine biodiversity on the high seas. The treaty will be formally adopted soon, according to UNCTAD's release. When it enters into force, the Biodiversity Beyond National Jurisdiction (BBNJ) agreement will address biodiversity loss and ecosystems degradation due to climate change impacts, pollution...
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Autonomous ferry service planned for Stockholm

Norway-based shipping company Torghatten is to introduce an electrically powered autonomous ferry service across Riddarfjärden in the Stockholm city centre, reports Ports of Stockholm. The service...

Stena Line and Peel Ports sign new deal for UK terminal

Stena Line, a Swedish ferry route and port operator, has signed a new deal with Peel Ports to operate their 12 Quays port and...

Fukushima Wastewater Could Be Released Into The Sea This Spring Or Summer

The release of waste water from Japan’s wrecked Fukushima nuclear power plant would have a negligible effect on South Korean waters, according to a...

Installation of temporary pontoons off Amber Beacon & Changi Exhibition Centre in Singapore

From 6 to 22 22 January, temporary pontoons are being installed off Amber Beacon and Changi Exhibition Centre. According to the Maritime and Port Authority...

U.K. Union Boss Seeks Coordinated Strikes to ‘Maximize’ Effect

  The boss of one of Britain’s biggest transport unions called for coordinated strikes involving tens of thousands of public sector workers including teachers, firefighters...

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Seafarers
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China: Cancelled the approval for shift change seafarer, no more centralized quarantine

The Ministry of Transport of China, the Ministry of Foreign Affairs of China, the National Health Commission of China, the General Administration of Customs of China, the National Immigration...

Global equity funds see outflows on worries over Fed tightening

Global equity funds witnessed outflows in the week to Feb. 15, hit by worries about the U.S. Federal Reserve’s further monetary tightening, with recent...

Major bank points to three potential acquisition targets for DSV Panalpina

Just a few months after DSV completed its transaction with Panalpina, major bank Berenberg points to three new candidates that represent possible acquisition targets...

EU financial services chief favours banning sales inducements on investment products

A European Union ban on inducements for recommending sales of financial products could cut costs for retail customers by more than a third, the...

ECB’s Centeno says interest rate close to peaking if no new shocks

The European Central Bank’s key interest rates should soon hit their peak amid efforts to bring down inflation, unless new external shocks emerge, ECB...

Global equity funds post outflows for ninth week in a row

Global equity funds witnessed net outflows for a ninth straight week in the seven days to Jan. 4 as investors remained cautious ahead of...

USMMA details upgrades in new capital improvement plan

The U.S. Maritime Administration (MarAd) and the U.S. Merchant Marine Academy (USMMA) on Friday released the USMMA Capital Improvement Program (CIP) annual report for...

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