Nick Savvides

Regulations to decarbonise shipping are gathering pace and the South Korean government is considering a regulation to guide an agreement on green corridors.

A newbuild overhang and potential drop in demand could spell trouble for LNG shipping, warns climate group.

The windfall tax comes along with further tax increases on wealthy households and an array of spending cuts in a bid to plug a €60 billion hole in its budget.

German liner shipping company Hapag-Lloyd has developed a concept design for a 4,500 teu wind assisted container ship

Extended supply chains are increasing shipping costs and are having a “profound impact” on global energy and food supplies according to UNCTAD

The forecasts of doom do come with the proviso that no unexpected and calamitous event disrupts the market again.

With the US presential elections set for 5 November and seemingly in the balance Maersk CEO Vincent Clerc has cautioned against overstating the effects of tariffs on the container shipping business, claiming what really matters is what is consumed in the US

Doubt and indecision if the US election result is undecided for a month would be the biggest challenge in the short-term for container shipping.

The rapid shift towards a more multilateral world order is set to create significant challenges for businesses in the Middle East as they navigate evolving data privacy and security regulations. According to Nick Savvides, Senior Director of Cybersecurity Strategy at Forcepoint, the fragmentation of global privacy regulations will increase complexity and compliance costs for organizations by 2025.

Economic moods swing like ocean meadows in a current. Monday's inauguration of president elect Donald Trump, however, promises a sea change in economic weather patterns.