The delay in adoption of the IMO's Net Zero Framework (NZF) has changed the outlook for low-emissions shipping, and DNV's annual Forecast to 2050 report reflects the new reality: fuel efficiency and flexibility are the new watchwords, and green fuels…
The U.S.-based Hanwha Shipping, established in 2024, marked its next key milestone with the naming and delivery of its first VLCC tanker. It comes as the company’s fleet of three VLCCs and four LNG carriers are all moving into construction.
Once again, shipping disruption from the conflict in the Black Sea is driving up wheat prices – and this time, both of the region's big grain exporters are suffering supply-chain hits. Since the start of the month, wheat futures on…
Turkey increased its imports of diesel from the United States and India in August to record levels, shipping data showed, as a Russian ban on diesel exports and wider disruption caused by the Iran war prompted its importers to diversify…
With attacks in the Black Sea having widened to container shipping, MSC has reportedly suspended bookings for the port of Novorossiysk, Russia. Bloomberg saw a customer alert and received confirmation from MSC’s St.
Oil prices rose in a choppy session on Wednesday, as investors monitored talks between Iran and Oman on the Strait of Hormuz and a smaller-than-expected rise in US crude stocks.Brent crude futures were up 48 cents, or 0.54 per cent,…
