Russia has used the United Nations Convention on the Law of the Sea for its own economic and geopolitical interests. One Russian law requires all vessels passing through the Northern Sea Route to be piloted by Russians. The heavy regulation is one among many reasons why major shipping companies often use the Suez and Panama canals—longer, but cheaper and easier, trade routes.
A ship carrying 18,000 tons of Ukrainian corn arrived early Monday at a port in northwestern Spain, using what a regional animal feed producers group described as a “new maritime route”
Today, Thursday 9 June, Equinor and Cheniere have announced a 15-year purchase agreement of around 1.75 million tonnes of LNG per year starting from 2026.
Just In Time (JIT) arrivals allow ships to optimise speed during their voyage to arrive in port when berth, fairway and nautical services are available.
The new line will also provide for the transportation of oversized and / or heavy cargo, which is not always possible with Ro-Pax ferries serving lines in other ports of Latvia and neighboring countries.
New investment from PSG Equity alongside further investment from current shareholders A.P. Moller Holding and Cargill to enable ZeroNorth to look to further accelerate decarbonisation in shipping
