Port cities from the Asia-Pacific region convened in Yeosu — a dynamic port and industrial hub of the Republic of Korea — during UNFCCC Climate Week and Korea Green Transition International Week (K-GX). Hosted by ICLEI – Local Governments for Sustainability in...

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Widening spreads between high and low costs for shipping containers on various trade lanes indicates uncertainty on both sides of the trade, largely because of the war in the Middle East, a market analyst said. Lars Jensen, president of consultant Vespucci Maritime,...

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Reopening optimism has softened crude prices, but flows through Hormuz remain constrained, keeping underlying prompt tightness intact. Atlantic Basin differentials are starting to ease on weaker refinery demand and reopening expectations, though downside should be...

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Governments made progress on finalising technical elements in the Net-Zero Framework (NZF), the world’s first global carbon pricing on any polluter, at working group negotiations (ISWG-GHG-21) on 20-24 April in London. The International Maritime Organization (IMO)...

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