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Global oil demand growth “to slow from 2025”

London - Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades, says the IEA


COSCO pushes ahead with Piraeus

Athens - China and Greece agreed to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s largest port, Piraeus


Maersk’s Soren Toft steps down

Copenaghen - Denmark’s Maersk said on Monday its Chief Operating Officer Soren Toft has decided to leave the company after two years at management level at the shipping group


Ro-pax shipping company Finnlines on the rise

Helsinki - Despite the slowdown in Finnish economic growth, Finnlines is on the way to successfully ending the year. The result after three quarters is higher than in the previous yea


Shipping execs advocate carbon levies

Singapore - Executives at some of the world’s top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions.