Ship owners active in the edible oil trade could get a respite in the coming months. In its latest weekly report, shipbroker Intermodal said that “edible oil products across the board are showing healthy amount of export activity, however, rates in mos…
Ship Owners Could See Boost in Freight Rates of Edible-Oil Product Trade Read More »
Environmental regulation is closing in on shipping A few months from now, the new regulations by the International Maritime Organization (IMO) will take effect. Current sulphur exhaust is capped by the IMO at 3.5% of total exhaust by ships in most of t…
“It’s only a matter of time — and it’s already happening to an extent — [until] shipowners will find it increasingly difficult to get finance for their ships unless they have green credentials,” Bob Sanguinetti, chief executive of the UK Chamber of Shi…
Is green finance the key to improving shipping’s environmental record? Read More »
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year.Drillers cut 3 oil rigs in the week to Oct. 4, bringing the total count down…
U.S. Drillers Cut Rigs Again: Baker Hughes Read More »
White House economic adviser Larry Kudlow said on Friday that the U.S.
Kudlow: Trump “open-minded” about U.S.-China Deal Prospects Read More »