Market News Oil rises on U.S.-EU trade talks, Red Sea shipping suspension
NEW YORK (Reuters) - Oil prices rose for the third consecutive day on Thursday after Saudi Arabia suspended oil shipments...
Bainimarama reiterates climate change warning
Fiji's prime minister has told a climate conference in Fiji that everyone needs to be more ambitious to reach climate...
Marshall Islands Hosts Partnership Dialogue to Accelerate Climate Action, Confirms Will Bring Forward a New and More Ambitious NDC by 2020
Majuro—The Republic of the Marshall Islands hosted a Partnership Dialogue on Climate Change on Monday to accelerate implementation of its...
Damen Shipyards to develop five electric ferries for Arriva
Damen Shipyards has signed a 12-year contract with multinational public transport company Arriva Danmark for five electric ferries. Known as...
Navtek selects Corvus Energy to power world’s first all-electric tug
Turkish ship designer and builder Navtek Naval Technologies, a subsidiary of TK Tuzla Shipyard, has selected Corvus Energy's Orca energy...
BMT launches new hybrid ferry design
Maritime engineering and architecture firm BMT has announced the launch of a new hybrid ferry design. At 31m long, the...
Zero-V hydrogen research trimaran deemed feasible
A team led by Sandia National Laboratories has found a zero-emission vessel running on hydrogen feasible. For the report, Sandia...
Solomons police rescue eight passengers at sea
The police in Solomon Islands rescued eight people at sea after their boat experienced engine troubles in bad weather. The...
Ship that ran aground on Tahiti reef being towed to South Korea
The Philippines-registered cargo ship Thorco Lineage, which broke down last month, is being towed from French Polynesia to South Korea. Read...
Are we getting climate finance all wrong?
Jessica Brown and Ilmi Granoff It’s widely accepted that by the year 2050, the world needs to be approaching net-zero...
‘Drones are the ‘ideal solution’ to getting cargo to Africa’s remote areas’
Unmanned aircraft could represent “an opportunity to get into Africa’s vast and untapped air cargo markets”. Speaking at the Farnborough...
Tuvalu gifts traditional canoe to American Samoa governor
The government of Tuvalu made an "Alofa" ceremony presentation last week in Pago Pago to the incoming chair of the...