Singapore-based port behemoth PSA expects that the challenges of a drastically changing shipping industry will have a "significant impact" over the next years. Low freight rates and excess capacity are just two of the concerns.
2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.
At a climate conference in Paris, Michael Bloomberg has announced the 237 companies which now support the climate recommendations from climate task force TCFD. Several oil and energy companies are on the list.