rising fuel prices squeeze consumers, business
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War in the Middle East has sent marine fuel prices soaring and left key bunkering hubs short on supply, forcing some traders to ship fuel instead of cargo.
Engineers are reviving wind-powered shipping with AI-optimized rotor sails and kites, cutting fuel use by 5–25% and lowering carbon emissions.
LOS ANGELES, Nov 7 (Reuters) - Cleaner fuel-burning ships accounted for 37% of cargo vessel orders in the first 10 months of 2025, unchanged from the year-ago period, as buyers were uncertain about when global rules for cutting maritime emissions will take ...
A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship-tracking data, a blow for the island amid a severe fuel scarcity that has triggered power blackouts. The Hong Kong-flagged ...
The ships could have carried enough material to produce hundreds of ballistic missiles, sources have suggested.