A.P. Moller-Maersk has signed a Memorandum of Understanding with the City of Yokohama and Mitsubishi Gas Chemical for the development of green methanol bunkering infrastructure in Yokohama
As Iran-backed Houthi rebels threaten a sixth of global commercial shipping passing through the Red Sea, a U.S.-led coalition to combat it begins to take shape.
While there is expectation that global militaries will step in soon and secure the Red Sea and the Suez Canal by the end of the week, a prolonged delay in reusing them may lead to a 30-40 percent rise in cost of transportation