Australians will bear yet another blow to their cost of living in July when electricity prices will surge up to 18 percent, which amounts to over $180 per year in some cases.

The European Union is in talks with Israel over a plan to import Israeli natural gas, helping Europe in its project to wean itself off of Russian supplies.

The U.S. Coast Guard is operating forward in the Pacific Islands for the purpose of maintaining an American presence and building law-enforcement partnerships with regional governments. With capable Coast Guard cutter crews in the area, U.S. government personnel are becoming a familiar sight in the EEZs of under-resourced Pacific island nations.

May 27, 2022, Piraeus, Greece. Palau International Ship Registry (PISR), the world's leading digital Registry, has announced the appointment of Captain Georgios Tsouris as its Chief Operating Officer.

As two more workers die in an enclosed space onboard a ship, InterManager has hit out at the shipping industry's inadequate reporting of serious and fatal accidents.

THE world's biggest container port, Shanghai, posted an 82.4 per cent year on year increase in April throughput to 3.08 million TEU, according to the Ministry of Transport (MOT), reported Beijing state media.

THE Mediterranean Shipping Co (MSC) has overtaken its 2M partner Maersk as the largest carrier on the Asia-Europe route in terms of tonnage, according to Alphaliner.

Nor-Shipping has confirmed that almost half of the available exhibition space at its Lillestrøm base has already been booked for its 2023 programme, taking place 6-9 June. The news, coming only a month after the 2022 show in April, puts next year's 'early bird' sales ahead of Nor-Shipping 2019 (the most popular event in the exhibition's history).

Customs clearance solutions specialists Clarksons Port Services (CPS), has appointed Graham Cross as business development manager in a newly-created role as its Customs and Freight team continues to grow.

At the first in-person leaders’ summit of the Quad in Washington in September last year, the four member countries came forward with an ambitious space agenda. A working group was giving the task of advancing a number of key strategic areas, including the exchange of satellite data with the ambition to “protect the earth and its waters."

Months after announcement of a security agreement between China and the Solomon Islands, new details have emerged that China is also pursuing a Pacific-wide deal with almost a dozen of the island nations in the region. Some of the themes include maritime cooperation, cybersecurity and an education exchange program for over 2,000 workers and young diplomats from the Pacific.

The UK has announced plans to impose a windfall tax of 25 percent on oil and gas profits, raising complaints from industry that the UK North Sea offshore sector could become a less attractive region for investment - just as the UK is looking to boost its domestic energy security.

Iran is strongly protesting the seizure of the cargo of crude oil from a tanker anchored in Greece, now calling the shadowy tanker an “Iranian vessel” despite previous reports that the tanker was owned by a Russian shipping company and until May 1 was registered in Russia. Iran’s Ports and Maritime Organization is calling Greece’s actions to support the U.S. seizure of the oil “an act of piracy” while demanding that the Greek government fulfill its international obligations under maritime law.

• Russia’s invasion of Ukraine has created an urgent need for Europe to rethink its energy policy
• The World Economic Forum has convened business and policy-makers to push the clean energy transition in the face of oil and gas shortages brought on by the war
• The private sector has a critical role to play but needs to be incentivized with the right policy and regulatory framework
• Manifesto on Implementing the European Green Deal in the New Global Context published today at World Economic Forum Annual Meeting
• Collaboration between the public and private sector to unleash the potential of homegrown European renewables will enable Europe to achieve genuine strategic autonomy
• For more information on the World Economic Forum Annual Meeting 2022, visit www.wef.ch/wef22

CALLING all airline cargo customers: It's time to cast a vote for your favourite cargo airline as part of London's Air Cargo News Awards 2022.