Joe Brusuelas, chief economist for the consultancy RSM, was landing in Seattle about noon last Thursday when he noticed something odd from his plane window: There was only one ship Continue Reading
Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down on its bearish oil take and has cut Continue Reading
Five European and Asian container ship operators told the Journal they are preparing profit warnings for the first half or the full year. Newsletter Sign-up Asking not to be named, Continue Reading
More than 350,000 boxes have been removed from global trade networks since the disease broke out last month, Denmark-based maritime data provider Sea-Intelligence said Monday. China’s industrial sector is slowly Continue Reading
The coronavirus outbreak in China has forced several countries to resort to stringent quarantine checks in their battle to contain the spread and the measures are starting to have a Continue Reading
The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is Continue Reading
US Gulf Coast refined products market players have turned to Jones Act shipping in recent weeks as they seek an outlet for gasoline and ultra-low sulfur diesel barrels amid saturated Continue Reading
A new study by University Maritime Advisory Services ( UMAS ) and Energy Transitions Commission ( ETC ) prepared for the Global Maritime Forum for the Getting to Zero Coalition, Continue Reading
Weaker US Gulf Coast gasoline and ultra low sulfur diesel markets have left suppliers looking at unconventional avenues in search for more lucrative outlets of product, including exploring the idea Continue Reading
The shipping industry must spend at least $1 trillion on new fuel technology if it is to meet UN emissions targets by 2050. According to a new study by experts Continue Reading
