If countries fulfill their current climate commitments, global greenhouse gas emissions will rise by 10.6% by 2030 compared to 2010 levels, according to a United Nations report. The UN Intergovernmental Panel on Climate Change says a 43% reduction in emissions by 2030...

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British clean technology company Silverstream Technologies has today announced that it has signed an agreement with Carnival Corporation to implement its market-leading air lubrication technology, the Silverstream® System, involving the majority of Carnival’s brands,...

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The Baltic Exchange’s dry bulk sea freight index (.BADI), which tracks prices for ships carrying dry bulk commodities, fell for a seventh session on Thursday to its lowest in more than a month, weighed down by a dip in rates across vessel segments. The overall index,...

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Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said. Dozens of ships have been circling off the Iberian coast and in...

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Drewry’s composite World Container Index decreased by 7% to $3,145.11 per 40ft container this week. Our detailed assessment for Thursday, 27 October 2022 The composite index decreased by 7% this week, the 35th consecutive weekly decrease, and has dropped by 67% when...

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