The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker shipping company Furetank is now taking the lead, reducing its own emissions to a fraction through biogas operations and...

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The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Friday due to higher rates in capesize and supramax vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping...

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Importing crude oil from Canada is currently not feasible for India due to the high cost required to transport oil from the country, a senior government official told Moneycontrol. “The pipeline infrastructure within Canada is currently not developed enough for India...

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China has placed curbs on coal production following an unexpected supply increase in the first half of the year that weighed on prices, according to an official of a major mining firm and analysts. China’s output in July dipped to the lowest level in over a year. It...

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Russia’s Ust-Luga oil export terminal will operate at around 350,000 barrels per day in September, or about half its usual capacity, following damage to pipeline infrastructure from Ukrainian drone attacks, two industry sources told Reuters. The disruption shows how...

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