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EU-ETS Costs Jump as Phase-In of Regulations Steps Up in 2025
Jan 2, 2025 ... to its planned trajectory. Shipping joined the EU ETS at the start of 2024, needing to buy allowances for 100% of emissions generated on intra-EU voyages and 50% of the emissions on ...
Oil Ends 2024 On Second Annual Loss As Uncertainly Greets The New Year
Dec 31, 2024 ... was yet another pundit who provided some measure of cheer on New Year's Eve: "I'm not fully buying into this overwhelming bearishness," he said, adding that "We may yet see some discipline on ...
China's Multi Billion Dollar Stimulus Fails To Impress, Oil Prices Rudderless
Dec 26, 2024 ... Meanwhile, India's oil demand growth exceeds China's for the first time. ...
Oil Continues To Sink On Chance Of Fed Freezing Cuts In 2025
Dec 19, 2024 ... senior market analyst with Price Futures Group Inc., stating that, "Hedge funds are starting to buy on tightness of supply in European markets this winter." Also last week, Rapidan Energy Group ...
ICS Appoints New Secretary General
Dec 19, 2024 ... a new secretary general. The ICS board has appointed Thomas A Kazakos to take over from Guy Platten as secretary general in June 2025, ICS said in a statement on its website on ...
FuelEU Maritime - Is It Too Late to Act?
Dec 17, 2024 ... penalties, non-compliance will also affect vessel value, with some estimates putting the buyer's exposure in the range of $150,000 to $200,000. Has the industry heeded this warning? ...
BUNKER JOBS: BP Seeks Bunker Buyer in Singapore
Dec 17, 2024 ... energy company BP is seeking to hire a bunker buyer in Singapore. The company is looking for candidates with strong negotiation and analytical thinking skills, it said in a job ...
Oil Reverses Course Yet Again On Troubling China Consumer Spending
Dec 16, 2024 ... Flynn, senior market analyst with Price Futures Group Inc., said, "Hedge funds are starting to buy on tightness of supply in European markets this winter." But that was forgotten on Monday, as ...
Matson Completes Third Boxship Retrofit to LNG Propulsion
Dec 16, 2024 ... said in a statement on its website last week. The firm previously converted the Daniel K Inouye and Manukai to run on LNG. "These conversions are part of Matson's long-term strategy to ...
Maersk Green Methanol Supply Deal Mooted: Report
Dec 11, 2024 ... India's biggest energy companies. "Preliminary talks have been ongoing with several potential buyers, including Maersk, which is among the key prospects," one of the sources was quoted as saying ...