Coal prices rose above $145 a ton, hovering near a three-month high, as the International Energy Agency warned that global consumption is set to reach a record this year. The IEA expects demand to increase 1.2% to 8.94 billion tons in 2026, reversing its earlier...

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Oceanly, a maritime technology company providing vessel performance, data management and fleet optimization solutions and ABB, a global technology leader in electrification and automation, are collaborating to give shipowners and operators a more integrated approach...

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Fujairah’s fuel oil stocks have averaged 43% higher in the first week of September than across August, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows. Changes in monthly average Fujairah stocks from August to September (so far): • Heavy distillate and...

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The Getting to Zero Coalition welcomes continued efforts to find common ground on a global framework for shipping’s energy transition, following the 22nd session of the International Maritime Organization’s (IMO) Intersessional Working Group on the Reduction of GHG...

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“The wider Middle East conflict has impacted two major ocean shipping waterways – the Red Sea and the Strait of Hormuz. They have both been compromised due to the geopolitical situation in the Middle East region, but they are contributing to the ocean container...

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