The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in power generation.The spot price of LNG in Asia more than…
Mitsui O.S.K. Lines, Obayashi Corporation, Kawasaki Heavy Industries, and Chiyoda Corporation have established the Japan–New Zealand Hydrogen Corridor. The consortium will study the commercialization of green hydrogen production in New Zealand and export operations to Japan…
The U.S.-Israeli war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq, with Kuwait announcing cuts over the weekend.Analysts predict that the United Arab Emirates and Saudi…
Global grains trader Bunge is exploring alternative shipping routes and working with customers to minimize any disruptions caused due to the conflict in the Middle East, a company spokesperson told Reuters.While the company did not immediately provide details on any alternative routes…
'The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk cargo volumes and tonne mile demand…
Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an 'alarming' situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to the widening Iran conflict…
Container ships account for roughly 100 of the 750 ships ensnared in the Strait of Hormuz backups following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO of container carrier Ocean Network Express (ONE), said on Monday.'About 10% of the container ship global fleet is caught up in this…
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 17 new orders for alternative-fuelled vessels were placed in February 2026.This was almost entirely accounted for by LNG-fuelled vessels (14), with all of these orders placed by the container segment…
Brazil has temporarily suspended cocoa imports from Ivory Coast due to phytosanitary risks, the country's official gazette showed on Tuesday.Brazil's Agriculture Ministry cited risks related to 'the high influx of beans from neighboring countries into Ivory Coast…