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The latest energy, maritime and bunker industry news worldwide.

MEPC 80: IMO to Address Significant Climate Issues
Global shipping continues to seriously harm the environment, the ocean, and human health, despite repeated attempts by the International Maritime Organization (IMO), the international community,

Impending Strike Threatens West Coast Ports in Canada
ILWU Canada plans to strike at West Coast ports starting on July 1, following a landslide vote of union members. The notice was served on

US Government Launches $4 billion Effort to Cut Emissions in Ports
In an effort to alleviate the unequal effects on neighboring towns, the Biden administration initiated a $4 billion initiative to electrify U.S. ports and reduce

How the Ukraine-Russia War Has Reshaped Shipping Over the Past Year
\”It\’s like when you were a kid and played a game where you laid siege to a castle and surrounded it, trying to starve the

Long Beach & Los Angeles Report Second-Busiest Years in History
The Port of Los Angeles experienced their second busiest years in history. The accomplishment was announced by Port of Los Angeles Executive Director, Gene Seroka,

Crude Oil Prices Settle Higher, Notching a 2 1/2-Year High
Oil priced settled quite higher than usual on Thursday, with Brent crude extending its rise to the highest price since October 2018. Analysts said crude

West Coast Ports Continue to Set Records
Ports up and down the west coast are continuing to set cargo records following the COVID-19 pandemic and months of congestion. Just last week the

Shippers Compete for Space as Container Freight Rates Continue Rise
Just this week, shippers from Asia to Europe saw a further spike in container spot rates, especially for Mediterranean ports. In addition, carriers are said

Port of Oakland Reports Busiest Quarter on Record
According to recent data, The Port of Oakland has seen record levels in the first quarter of 2021 as recent trade surge has pushed both

Oil Prices Surge as OPEC Extends Production Cuts
Despite recent price surges, a group of major oil producers has agreed to extend production cuts for another month, choosing to limit supply until the

U.S. Port Congestion Could Last Until Summer Peak Season
Shipping experts now believe that major port and landside congestion at US west coast ports could last until the summer peak season, according to recent

Port Delays Leave Cargo Ships Stranded off U.S. Pacific Gateways
This week alone, more than 40 cargo ships were lined up off the coast of Los Angeles and Long Beach in a new sign of