According to a recent statement from the U.S. Energy Information Administration (EIA), global energy consumption is predicted to surge through 2050, potentially exceeding progress in energy efficiency. This spike can… read more →
Currently responsible for 3% of global greenhouse gas emissions, maritime transport must decarbonise whilst facing extensive costs and adverse economic operating environments, as well as increasing geopolitical risks.
Shipping and logistics managers are responsible for abiding by business ESG standards for greener, more ethical shipping practices on land, water and air. It encompasses brick-and-mortar outfits and e-commerce as global shopping rises in every corporate corner.
In June 2023, Saudi Arabia’s trade balance achieved a surplus of approximately SAR 38 billion (around $10 billion), as reported by the General Authority for Statistics (GASTAT). The nation’s trade… read more →
African economies hold the potential to play significant roles in global supply chains, leveraging their abundant resources, which are indispensable to high-tech sectors, coupled with their expanding consumer markets, according… read more →
Surety carriers have a unique opportunity to support the green transition, grow emerging industries, and promote sustainable financing practices. However, challenges must be addressed.
Oil prices climbed on Monday due to a tightening supply and expectations for economic stimulus in China, which helped Brent oil maintain a price comfortably above $80 a barrel. This… read more →
Celsius Tankers (“Celsius”) is strengthening its existing partnership with independent LNG trading company, Gunvor Group Ltd (“Gunvor”), with the charter of four high-efficiency, modern LNG carriers. These carriers, set to… read more →
Central Asia is becoming increasingly attractive to investors. It has abundant natural resources and is strategically located, leading to its reputation as a region with untapped economic potential.
China experienced a 7.5% decline in exports in May compared to the previous year, while imports were down by 4.5%, signalling a deceleration in the economic recovery post the lifting… read more →
