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BBC Verify analysis shows how Houthi tactics have changed, as commercial shipping traffic in the Red Sea halves.

BBC Verify analysis shows how Houthi tactics have changed, as commercial shipping traffic in the Red Sea halves.

Aim is to develop and demonstrate safety of alternative fuels for shipping and hasten industry adoption

ONE noted the Red Sea crisis has led to ‘an instant tonnage shortage’, but said prolonged stagnation means cargo demand is expected to remain relatively weak longer-term

The US has revoked a general license for transactions involving Venezuela’s state-owned gold mining corporation Minerven, and says it will let the license allowing transactions with the country’s oil and gas sector expire amid a crackdown by president Nicolas Maduro on his opposition ahead of the country’s upcoming election

Leading medium-speed marine engine designer expects a better demand environment in 2024 compared with last year

Growing complexity of supply chains necessitates strategic adjustments, including better multimodal transportation service and enhanced efficiency

FuelEU penalties to start from around $217,000 per vessel in 2025 for non-compliance, unless ships reduce GHG intensity by 2% from the 2020 baseline, or form a pool with an overachieving vessel

Tanger Med volumes rose to record highs again last year. It is now looking to expand again, after handling 95% of its nominal capacity

Newbuilding contracts for a total of 21 vessels in the containership, dry cargo, gas, offshore, passenger ferry and tanker sectors were reported by shipyards and brokers