As the maritime industry transitions to a low and zero-carbon future, African policymakers are being advised to implement training infrastructure as quickly as possible to maximize ‘high-quality’ employment opportunities for African workers and facilitate the...

Read More

Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report....

Read More

The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns grow over ships getting stuck if a deal is not renewed later this month, according to sources and data. Russia, which is one of the key parties involved, said it will keep talking...

Read More

Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) eased for a second consecutive session on Friday, giving up the uptick seen earlier in the week. The East of Suez region remains amply supplied despite a hiatus in VLSFO tenders from Kuwait’s Al Zour,...

Read More

A surge in demand for trans-Atlantic freight movements out of the US Gulf Coast on midsize Aframax and Suezmax tankers has propped rates up midweek May 4, rebounding after it reached two-year lows just over a week ago April 26. The cost of lifting crude from the USGC...

Read More