Italian billionaire Gianluigi Aponte’s Mediterranean Shipping Co. will take a minority stake in Moby SpA as the ailing ferry company aims to settle a dispute with creditors and restructure its debt.  MSC, one of the world’s largest container shipping companies,...

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The United States and the European Union have made substantial steps to ensure and strengthen European energy security, reduce reliance on Russian fossil fuels, and reduce Europe’s overall reliance on gas. As part of their plans, the U.S. will supply 15 billion cubic...

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Hong Kong-incorporated Global Shipping Business Network (GSBN) is expanding into the European market with a pilot of Cargo Release in Rotterdam. Cargo Release is GSBN’s proven blockchain-enabled application which offers a paperless, highly efficient, and...

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Spanish ferry operator Baleària has reiterated its commitment to cleaner energies as it aims to become carbon neutral by 2050. “Our goal is zero emissions in 2050. We are involved in projects linked to green hydrogen and renewable biomethane, and we are committed...

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Due to supply concerns at domestic power plants, Indonesian authorities banned coal exports during January 2022, removing around 30% of global coal volumes from the bulk market as a result. This caused Newcastle coal futures to increase by more than a third and added...

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