Shipping risks missing zero-emission fuel target after ‘transition-regressive’ delay, report finds
Zero-emission technology development is progressing, but demand, finance and other factors have stagnated
September 2026
ABS, lomarlabs to Accelerate Early-Stage Global Shipping Solutions
ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore technologies from early-stage technology companies that aim to reduce emissions, increase fuel efficiency and automate operations in the maritime industry.The…
ABS, lomarlabs to Accelerate Early-Stage Global Shipping Solutions Read More »
Euro Zone Bond Yields Drop as Iran Considers Reopening Hormuz
Euro zone bond yields fell for a second straight day on Tuesday, hitting their lowest in almost two weeks after Iran raised the prospect of reopening the Strait of Hormuz and Washington hinted it could restart talks with Tehran, pushing oil prices lowe…
Euro Zone Bond Yields Drop as Iran Considers Reopening Hormuz Read More »
Saudi Arabia Denies Iraqi Claim of Buying 25 Oil Tankers
Saudi Arabia on Tuesday denied an Iraqi claim that it had bought 25 oil tankers, saying the information was inaccurate, after Iraq linked the alleged purchases to a sharp increase in the cost of shipping its crude.Iraqi Oil Minister Basim Mohammed…
Saudi Arabia Denies Iraqi Claim of Buying 25 Oil Tankers Read More »
Trading Firms Push for Discounted Venezuelan Oil Amidst High Shipping Costs
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.The two merchant houses have been among the biggest…
Trading Firms Push for Discounted Venezuelan Oil Amidst High Shipping Costs Read More »