Aggressive European bids have been met with scarce selling interest as sellers in the global LNG market wait for stronger buying interest from emerging demand hubs elsewhere, sources said. In recent weeks, buyers across Northwest Europe have been bidding higher to...

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Sustainable shipping and autonomous electric freight technology has been underestimated in terms of the impact it can make on reducing climate emissions, but the scope for the industry is booming in the Middle East, according to industry executives. The growth of the...

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BHP’s US$40 billion takeover bid for Anglo American is mainly about copper. However, a successful takeover would also make BHP an even larger metallurgical coal miner as the long-term outlook for the steelmaking commodity worsens and investor pressure on Scope 3...

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DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency experts, today announced the completion of a project supported by the EEA Grants under the “Business Innovation Greece” Programme, to develop an accessible AI solution for...

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The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of container shipping lines in 2024 and beyond. Hua Joo Tan, Founder of container market intelligence analyst firm LINERLYTICA, told the latest episode of The Freight...

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The Cyprus Shipping Chamber (CSC) recently announced that it welcomed the adoption of the Net-Zero Industry Act proposal by the European Parliament. As explained by the European Commission, the Net-Zero Industry Act (NZIA), first proposed on March 16, 2023, aims to...

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