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DECARBONIZING FREIGHT
DHL Group to accelerate sustainable growth with new Strategy 2030DHL Group has unveiled its 'Strategy 2030 – Accelerate Sustainable Growth' plan, aiming for a 50% revenue increase by 2030.
Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
Golden era for shipping seen ahead as geopolitics boosts pricingShipping industry in Athens anticipates higher earnings amidst geopolitical conflicts and supply uncertainties.
Fuel price cut reports speculative: BPCL"The global situation remains volatile. Therefore, it would be difficult to comment on when and whether the prices will be changed, at this...
After a fast start, COP28 climate talks now in murky middle of hope, roadblocksProponents who are calling for a ground-shifting phase-out of fossil fuels like oil, gas and coal have hope for the first time in years, bu...
Shipping shifts from jackpot to job cuts after $364 billion boomOver the past 10 days, Maersk, Hapag-Lloyd and closely held CMA CGM SA of France — all top-five players that together control about one-thi...
Big emissions bills are coming for ships sailing in EuropeThe ships carry over 80% of the trade globally and contribute a big chunk in terms of emissions, producing about 1 billion tons of CO2 into...
Abhishek Agarwal sees Nifty trading in 17,000-18,500 range in FY24; PSU could be dark horseRockstud Capital Managing Partner Abhishek Agarwal predicts that Indian markets will remain range-bound between 17,000 and 18,500 due to fa...
View: India needs accelerated support for electric vehicles to achieve net zeroThe fact is that decarbonizing the transport sector will be essential for India’s clean energy transition and its journey to achieve net-ze...
Energy crunch crimping Europe hurts demand for commodity shipsEuropean aluminum output has fallen to the lowest level since 1973, with producers of metals like zinc and copper also slowing down due to ...
India's first indigenously built Hydrogen Fuel Cell bus by CSIR, KPIT launched in PuneThe fuel cell utilizes hydrogen and air to generate electricity to power the bus, whose only effluent is water, thereby making it possibly ...
China's economy grew 8% in 2021 but property, virus threats loom: AFP pollThe eight percent growth would be well above the government's target of more than six percent, and comes on the back of a strong start to t...
View: On the road to taking carbon emissions off the roadUnder a business-as-usual scenario, the transport sector could be responsible for around 1.5 gigatons of annual carbon emissions by 2050.
Shipping insiders caution against new capacity as prices surgeThe container shipping market is experiencing one of its best years as a perfect storm of Covid-driven purchasing demand, port congestion a...
Maersk makes $1.4 billion green bet on methanol-fueled shipsBy 2050, the United Nations body wants shipping’s total greenhouse gas emissions to at least halve relative to 2008.
The world’s road fuel demand to peak years earlier than expectedDecline in demand for road fuel will be steepest in Europe and the U.S. and an anticipated rise in fuel use in countries such as India and ...
Daimler, Volvo plan hydrogen fuel cell production in Europe in 2025The rival German and Swedish makers of large freight-hauling trucks formed their joint venture, cellcentric, in March. They said they would...