New data presented by researchers at Lund University and others in the journal Oceanologia show that the air along the coasts is full of hazardous nanoparticles from sea traffic. Almost half of the measured particles stem from sea traffic emissions, while the rest is deemed to be mainly from cars but also biomass combustion, industries and natural particles from the sea.
France’s CMA CGM, the world’s third-largest container shipping firm, said freight rates should recover next year after a market downturn led to a sharp fall in its third-quarter profits.
Two companies involved in the deadly 2012 explosion of an oil platform in the Gulf of Mexico have been indicted on federal charges of involuntary manslaughter, the U.S. Justice Department said in a statement on Thursday.
The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the authority that runs the waterway said on Thursday.
East Africa’s biggest port of Mombasa will spend 100 million shillings ($980,392.16) to build a new cruise ship terminal aimed at boosting tourism, port management said on Wednesday.
An Australian regulator rejected an application from BP Plc to explore for oil off the coast of Southern Australia, saying the energy major’s proposal failed to meet environmental standards.
Danish oil company Maersk Oil has several billion dollars to buy new licences, oil-producing fields or even launch a corporate takeover, the company’s Chief Operating Officer told Reuters.
A U.S. salvage team ended its search off the Bahamas for the missing voyage data recorder of the cargo ship El Faro which sank with its mostly American crew in a hurricane last month, officials said on Monday.
As land storage sites worldwide reach brimming point due to a supply glut, tens of millions of barrels of oil are sitting on tankers looking for homes – threatening logistical paralysis.