CargoTech: Providing Meaningful Recommendations to Navigate Volatile Markets

Volatility is not a new phenomenon in the air cargo industry, but increasing globalization means it now faces even more influencing factors. Capacity constraints, changing regulations, fast-growing cross-border e-commerce, geopolitical uncertainties, pending trade tariffs and shifting regulations – these variables all impact supply chains and, since 2022 – mid-pandemic, CargoTech’s mission is to harness their …

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Methanol holds edge over ammonia as green marine fuel alternative in near term: Proman

Ship owners are increasingly favoring methanol over ammonia as a marine fuel alternative despite both offering significant emissions reduction potential, as safety concerns continue to cloud ammonia’s adoption pathway, according to the sustainability head of Proman, one of the world’s largest methanol and fertilizer producers. While ammonia produces zero carbon dioxide emissions during combustion, its …

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Floating Oil Storage Trends

The floating oil storage sector has undergone marked fluctuations since 2020, attributable to global economic circumstances, geopolitical tensions, and evolving market forces. Principal determinants affecting storage utilization encompass the COVID-19 pandemic, imposed sanctions, oscillations in oil prices, and the strategic measures undertaken by Western and Asian markets. The influence of Iran, Saudi Arabia, and OPEC …

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Trump’s fees on Chinese ships will hurt US companies, maritime executives to tell hearing

President Donald Trump’s plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators and ports, industry executives will tell the U.S. Trade Representative at hearings this week. In particular, they will say the plan would hurt U.S. ship operators …

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World’s 10 biggest public shipping companies top all time high profits of US$300bn in five years – but pay less than half average tax rate

New figures, released today from climate change NGO Opportunity Green in its latest report Global shipping: mega profits, micro taxes, show the extraordinary scale of the profits being made by leading shipping companies in the years since the pandemic. The world’s 139 largest shipping companies – accounting for 90% of the world’s fleet – made …

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