Rates for shipping containers from Asia to the US spiked again this week – and have almost doubled over the past four weeks – as demand has surged ahead of the possible reinstatement of tariffs while capacity remains tight. Supply chain advisors Drewry said the latest...

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On this World Ocean Day, we celebrate the immense value of the Ocean – a source of life, food, energy, and biodiversity, and a vital ally in the fight against global warming. The Ocean produces half of the world’s oxygen, and as the world’s largest carbon sink,...

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Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger, not wane. The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has called on the...

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Fresh regulation has given a limited boost to maritime decarbonization as shipping grapples with high renewable fuel prices, and as key stakeholders seek ways to share the financial burden. In April, the International Maritime Organization voted for global greenhouse...

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Spain didn’t import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump’s administration. Spain’s largest oil company Repsol REP is among foreign firms operating in Venezuela whose permits to export oil from the...

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