Contrarian investors were rewarded for betting on the beaten down U.S.energy sector earlier this year with a blazing rally. Some believe a tight oil market and resilient U.S. growth will keep energy stocks rising for the rest of 2023. The largest U.S. energy exchange...

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Loss of competitiveness, reduction of transhipment business (transfer of cargo from one ship to another), carbon leakage and diversion of ships to non-European ports (but very close to EU ports). These are the risks that Valenciaport has detected in the imminent...

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Russia remained the top supplier of crude oil to India in July as it exported crude oil worth $3.37 billion during the month, showed data from the ministry of commerce and industry. However, compared to June, the imports from Russia declined 11.4% in terms of value....

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Singapore is doing its bit for ocean conservation and sees such efforts as critical to being able to continue making its living by the sea. “Preserving our oceans and maintaining livelihoods is not something that is mutually exclusive,” said Foreign Minister Vivian...

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In the 1980s and early 1990s, the world’s merchant fleet lost 130 bulk carriers, in some tragic cases with all hands. When asked why, the philosophical answer was often “because the safety culture in the marine transport industry is reactive, slow and delayed”. The...

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