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...

Read More

Oil prices extended gains in early trade on Thursday, with Brent crude edging toward $102/barrel, as escalating hostilities between the US and Iran in the Middle East stoked fears of prolonged supply disruption. Iran says it will continue military operations as US...

Read More

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Thursday, dropping about 2.7% to a one-week low of 3,521 points. Weaker rates across larger segments were behind the decline....

Read More

Energy market disruptions caused by the conflict in the Middle East are pushing global coal demand higher this year as sharp rises in natural gas prices prompt countries to turn to alternative sources, according to the IEA’s latest update on the coal sector. Although...

Read More

President Donald Trump on Wednesday said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections, which are nearly two months away. “Right after the election, oil prices are going to be tumbling downward,” Trump...

Read More