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Reuters
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COP29: Countries Endorse Global Carbon Market Framework
By Virginia Furness and Kate Abnett BAKU, Nov 11 (Reuters) – Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a...
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Reuters
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Russian, Indonesian Navies Hold Joint Counter-Terrorism Drills
Nov 11 (Reuters) – Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java...
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Reuters
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gCaptain
Fire breaks Out On Japanese Navy Ship
TOKYO, Nov 10 (Reuters) – Fire broke out on a Japanese warship sailing near the western part of the country, causing one crew member to be hospitalised due to smoke inhalation, while...
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Bloomberg
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gCaptain
Trump Comeback Means Reckoning for China as It Draws Up Stimulus
(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...
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Reuters
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gCaptain
India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
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Reuters
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gCaptain
With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?
Nov 6 (Reuters) – Donald Trump‘s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in...
From
Mike Schuler
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gCaptain
Trump’s Victory Sparks Fears of Freight Rate Surge and Trade War Escalation
Donald Trump’s victory in the US Presidential Election is sending ripples through the container shipping industry being viewed as a potential setback for international trade. Shares in notable names such...
From
Mike Schuler
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gCaptain
Gulf of Mexico Oil and Gas Producers Cut Output Ahead of Storm
Nov 5 (Reuters) – Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead of a late hurricane season storm threatening offshore fields. The U.S. National Hurricane...
From
Mike Schuler
via
gCaptain
Alternative Fueled Ship Orders Surge as LNG and Methanol Battle for Market Share
October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from DNV’s AFI platform. The milestone...
From
Bloomberg
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gCaptain
South Korea Weighs Buying More U.S. Energy If Trump Wins Election
By Sam Kim (Bloomberg) South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners,...
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Reuters
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gCaptain
Houthis Say They Will Not End Red Sea Blockade
by Adam Makary (Reuters) – Yemen’s Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to “intelligence information” regarding Israeli shipping companies selling their assets to other...
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Reuters
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gCaptain
Shipbuilding Giant’s Revenue Hit By US Navy Uncertainty
by Pratyush Thakur (Reuters) – The largest U.S. military shipbuilder Huntington Ingalls $HII on Thursday cut its 2024 shipbuilding revenue due to uncertainty in navy agreements, supply chain issues and labor shortages, sending its shares down....