Countries sideline Trump in moving forward on global shipping carbon price, at IMO technical talks

Governments made progress on finalising technical elements in the Net-Zero Framework (NZF), the world’s first global carbon pricing on any polluter, at working group negotiations (ISWG-GHG-21) on 20-24 April in London. The International Maritime Organization (IMO) debated the design and implementation of this key climate agreement, including clean energy and how to spend the $10-12bn/year …

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The Strait After the Ceasefire. Seven Weeks of Data from the Gulf’s Only Maritime Exit

AXSMarine AIS-derived crossing data, collected continuously from 1 March through 21 April 2026, documents how the Strait of Hormuz has functioned – and who has been willing to use it – in the weeks since the conflict began. From Stillness to Structure When we published When the Gulf Went Still in early April, the defining …

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Hormuz reopening optimism shifts sentiment, but flows stay constrained

Reopening optimism has softened crude prices, but flows through Hormuz remain constrained, keeping underlying prompt tightness intact. Atlantic Basin differentials are starting to ease on weaker refinery demand and reopening expectations, though downside should be gradual with flows still limited. In the Americas, Midland arbs are improving and supporting flows to Asia, but logistical constraints …

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Widening gap in container rates suggest shippers are uncertain; Strait of Hormuz closed

Widening spreads between high and low costs for shipping containers on various trade lanes indicates uncertainty on both sides of the trade, largely because of the war in the Middle East, a market analyst said. Lars Jensen, president of consultant Vespucci Maritime, said his focus is not just on the spreads, but in the changes …

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Port cities lead the energy transition at UN Climate Week in Yeosu

Port cities from the Asia-Pacific region convened in Yeosu — a dynamic port and industrial hub of the Republic of Korea — during UNFCCC Climate Week and Korea Green Transition International Week (K-GX). Hosted by ICLEI – Local Governments for Sustainability in partnership with Pacific Environment, the 2026 World Climate Cities Forum (April 21–22) served …

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