The UK Emissions Trading Scheme includes shipping from July 1. Its scope is far narrower than its EU cousin, but administrative hassles still loom for companies

The security dynamics in the Red Sea may have changed, but analysis of vessel-tracking data reveals this has done little to reassure the majority of those that diverted to the Cape of Good Hope in the early days of the crisis

However, partner SD Mining has suspended operations in Guinea’s Axis area, raising questions about the potential impact on Shunyu’s shipping business

Vessel traffic has partially resumed at Houthi-held Al Salif port, with a new ship arriving on Saturday for the first time since early May

In the weeks following the Israeli air strikes against Houthi-controlled ports of Al Salif and Hodeidah, vessel traffic has slowed to its lowest levels in the past 17 months, but not stopped completely

A lack of resources has been cited as a reason for flag states not standing up to their responsibilities, but others dispute this, given some are run from countries with developed economies

Announcement from Houthis of a ‘prohibition on maritime navigation to and from the port of Haifa’ does not change the Red Sea risk picture, as owners with links to Israel have been targeted since the crisis began in November 2023, security experts say

Operations inside Libya’s UN-backed government controlled port have once again ground to a halt amid rising violence and the risk of escalating clashes. Vessels have diverted and the few remaining are preparing to exit as oil majors evacuate