Aggregated speed for the global LNG vessel fleet has declined, going from an average of about 14 knots for April in previous years, down to 13 knots in April 2023.

The pull-back will likely offer some relief to the oil market, where long-haul arbitrage cargoes have had more difficulty due to elevated freight rates.

Advances in robotics and artificial intelligence are making solar power more accessible and more efficient than ever before. 

Businesses are facing a scenario in which their legal, regulatory and reputational risk profiles are being determined by the level of their understanding of sustainable chemistry.

The incident is the latest flare-up in one of the world’s most oil-rich regions, after Iran seized another tanker in the nearby Gulf of Oman April 27.

INPEX and Idemitsu will acquire carbon credits in order to neutralize 100% of the carbon dioxide generated by ANA’s jet fuel supply chain.

U.S. officials believe the seizure was a retaliation against a decision by the Department of Justice to force a tanker headed to China with Iranian oil to redirect to America

Iran’s state-run IRNA news agency reported that a Marshall Islands-flagged tanker collided with an Iranian vessel in the Persian Gulf, prompting Iran’s navy to seize the vessel in Gulf of Oman.