The beginning of January this year heralded the start of the EU Emissions Trading Scheme (ETS) and to comply companies face a series of deadlines between now and 2025.
There is a risk of congestion post Chinese New Year as crises in the Red Sea and Panama converge, but insurers played down a potential flashpoint in the Taiwan Strait.
In a market with a tight supply of large tankers DHT Holdings earned an average of $42,800 per day for its fleet of 24 VLCCs in the fourth quarter of 2023.
International Container Terminal Services, Inc (ICTSI) has won a 25-year concession to develop and operate the Iloilo Commercial Port Complex (ICPC) in Central Philippines.