The extreme container market could last all the way until the end of 2022, says ONE chief exec Jeremy Nixon to ShippingWatch. At the same time, he fears that wage talks for US port workers set for this spring could worsen the situation.

The estimated profit made from 33 trades of jet fuel that ended up in sanctioned Syria is incorrect, according to the defense attorneys in the Dan-Bunkering case. SØIK maintains the amount.

Less talk and more action is what is needed in the green transition of shipping. To do so requires some "crazy people," says CMB chief exec Alexander Saverys of the renowned Belgian shipping family. "There is no longer an excuse," he tells ShippingWatch.

Major bottlenecks in the container market are a continuous source of significant delays. Approximately two out of three container ships around the globe were severely delayed in September, according to analyst.

The World Bank is attempting to influence negotiations of shipping's green transition at MEPC, the IMO's environmental committee, with a report that criticizes and warns against the use of LNG as a ship fuel.