Shipping Industry May Create the Very First Global Carbon Levy
[By Ned Molloy] At a March meeting of the UN International Maritime Organisation (IMO) in London, a majority of member states expressed support for…
Internet Outages Highlight Africa’s Few and Faulty Subsea Cables
In mid-May, residents in East Africa woke up to internet disruptions that persisted for nearly a week. Preliminary investigations by communications authorities…
Port of Prince Rupert Gets $1.3 Billion Propane Export Terminal
The Port of Prince Rupert, British Columbia intends to cement its dominance as a gas exporting hub for Asian markets with a…
EU rules drive marine demand for shoreside power; infrastructure needed
EU regulations on shoreside power are poised to introduce low-carbon electricity into marine energy mix with limited impact on the transition into…
Tankers: Market Correction Still Evident
Clean LR2 MEG LR2’s saw freight levels fall off again this week. The TC1 rate for 75kt MEG/Japan sunk 30 points to…
Israel aims to boost Red Sea oil deliveries despite environmental risks
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives…
Demand may push China’s LNG imports to record high
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbonisation, China’s liquefied natural gas (LNG) imports could…
Future fleet developments in the spotlight at Capital Link
Future fuels, newbuilding moves, and how to improve the ships of today were at the fore in the opening panels at this…
Adani Ports wins Tanzania concession
The rapid transformation of the quayside at Tanzania’s largest city is set to shake up trading patterns in East Africa. Following DP…