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Cadeler’s new Wind Ace and Deme’s Norse Wind and Norse Energi are entering service as owners race to secure vessels ahead of an expected offshore wind supply crunch.
Brussels has added a German yard to its approved ship recycling list, while the ILO and BIMCO launch a pilot injury compensation scheme for workers at Bangladeshi breaking yards.
Brussels has unveiled a EUR347 million Cable Security Toolbox after another suspected sabotage incident damaged a Lithuania-Latvia telecoms cable in January.
Greek owners ordered 102 new vessels worth $10.1 billion in Q1 2026, a 3.6-fold jump, led by a record tanker and gas-carrier newbuild wave.
German carrier Hapag-Lloyd has acquired a significant stake in APM Terminals’ Maasvlakte II facility in Rotterdam, deepening its control over key European port infrastructure.
Congestion in China, Asia, and Europe has stranded more container capacity than ever recorded, squeezing vessel availability and pushing freight rates up.
