ShippingWatch

Regulation

New suspected attack on freight vessel in Gulf of Oman

Reports of a freight vessel being hijacked in the Gulf of Oman leads to new accusations between Iran and the West following a series of attacks on the merchant fleet in the region. The hijacking may already have been resolved, according to various media.

Ten pirates sentenced to years in prison in Nigeria

The hijacking of a Chinese fishing boat in 2020 has resulted in ten pirates being sentenced to 12 years in prison in Nigeria. The government asked the court to send a strong signal that piracy in the Gulf of Guinea will not be tolerated, writes security firm Dryad Global. Updated.

Novozymes wants sustainable shipping but is unwilling to pay extra

Shipping needs to become as green as possible, according to Novozymes. However, the biotech company and global shipper is unwilling to pay extra for climate-friendly products, says Head of Global Sustainability Claus Stig Pedersen to ShippingWatch. Read on to learn why.

Five carriers raise huge sums in sustainability-linked credit facilities

Seaspan, Hafnia, Hapag-Lloyd, Euronav and Odfjell have all secured financing of approximately USD 1.5 billion that is linked to meeting climate targets. This opens up for more access to capital, but also comes with increased reputation risks, the head of investor relations at Odfjell tells ShippingWatch.

Shell and MSC join forces for LNG push in shipping

LNG is a viable path for the green transition efforts in shipping, say oil company Shell and container line MSC. The two parties are launching a collaboration to advance the use of fossil and bio-LNG as marine fuels.

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