The UK government has given the go-ahead to carbon dioxide capture and storage (CCS) schemes worth £22 billion (US$28.6 billion). Critics are insisting that this technology – which involves capturing carbon as it is emitted or taking it back out of the...
The U.S. Treasury has blacklisted 18 people, companies and ships for alleged ties to the Sa’id al-Jamal shipping network, the Iranian-backed oil smuggling organization that finances Yemen’s Houthi terrorist group. It is the latest in a long series of...
Although the extreme demands of energy transition activists are receiving pushback from the public, the pressure for change remains. International forecasters point to the recent rapid growth of renewable energy as confirming that the transition is not merely underway...
The United Kingdom is living up to its promise to establish green shipping corridors to decarbonize the maritime sector. In December last year, the country made a pledge in the Clydebank Declaration at COP26 to establish six green shipping corridors by the middle of...
Brazil is moving ahead with the long-delayed development of a new container terminal at the Port of Santos. Early this week, the Ministry of Ports and Airports (MPor) directed the state-owned logistics company Infra SA to draw up a concession model for the STS10...
In the first nine months of 2024, reported incidents of piracy and armed robbery fell to the lowest levels since 1994, according to the latest report by the ICC International Maritime Bureau (IMB). Despite the lowest number of reported incidents in three decades, IMB...
