ICS says IMO CO2 levy on fuels could help ports cope with climate change

Money from a proposed IMO environmental compensation fund could be used to help ports adapt to the effects of rising sea levels as a result of climate change. The proposal was made

Zacchello Group companies file for Chapter 11 protection

Companies in the Zacchello Group are filing for Chapter 11 protection. Netherlands-based Marco Polo Seatrade BV, a company managed by Seaarland Shipping Management BV, has filed a voluntary petition for Chapter 11