Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China. Indeed, shippers are...
Business
More searing temperatures fueled wildfires and prompted health warnings across Europe on Wednesday, as a blaze in Turkey forced the closure...
European natural gas extended gains as heavy maintenance in Norway adds to volatility in a market already spooked by the threat...
American Petroleum Tankers has secured a $28 million contract option for the charter of its U.S.-flagged tanker MT Empire State in support of the U.S...
The UK’s annual renewable energy auction may not include offshore wind for the first time since the system for awarding subsidies began almost a...
The world’s largest shipbuilder, HD Hyundai Heavy Industries (HD-HHI), has placed a 2.5 MEUR order for Climeon HeatPower 300 waste heat recovery systems to...
Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both industries face persistently high energy costs during the...
The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product...
The European Council has adopted the so-called ‘FuelEU maritime’ regulation to help increase the use of renewable and low-carbon fuels in the maritime shipping...
Liquefied natural gas stored on ships jumped to its highest level since May in a sign that weak demand and high inventories in Europe are pushing the fuel...
