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TODAY: DP World faces a worker strike in Australia + Qatar’s balance of payments surplus widens in 2Q 2023
Good morning, friends. We’re back in a midweek news slump today, with just a couple of big updates from the…
Global trade falls at fastest pace since covid-19 + SAF prices are not going down anytime soon, IATA chief says
Global trade takes biggest hit since the pandemic: Global trade contracted at its quickest rate since 2020 in July, according…
Shipping could face a shortage of carbon-neutral fuel by 2030, according to DNV — here are the ways to avoid that
The shipping industry will require some 30-40% of the annual global supply of carbon neutral fuels by 2030, DNV says
Egypt to launch a tender for the Alexandria-Cairo freight railway bypass in 1Q 2024
The railway bypass will allow freight trains to travel to and from the Alexandria port and the Sixth of October…
Amazon makes blockbuster carbon credit purchase + India eyes higher diesel tax
Amazon purchases 10-year carbon removal credits from 1PointFive: Amazon has committed to buying 250k tons worth of carbon dioxide removal…
Mitsui, Shell partner up on sustainable marine fuels + Flexport shuffles C-suite
Mitsui OSK Lines and Shell Marine partner on marine sustainability: Japanese transport company Mitsui O.S.K. Lines, and Shell Marine Products…
Successful biofuel bunkering trial shows 83% emission reductions + Why the US is behind on port automation
Biofuel bunkering trial shows 83% reduction in emissions: The Global Center for Maritime Decarbonisation (GCMD) has tested a new oil…
EU proposal offers Russia incentive to extend Black Sea grain pact + a step towards decarbonized shipping? PLUS: MSC teams up with IBS to digitize air cargo operations
Russia may gain access to SWIFT for grain related transactions under new EU proposal: The EU is considering allowing the…
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