OPEC Secretary-General Mohamed Sanusi Barkindo told delegates at International Petroleum Week in London that the oil industry cannot afford to see investment levels fall for a third year in a row.
More from Richard Clayton
Automation and innovation in shipping will become a reality, whether we like it or not. But workers will fight for their jobs, as seen in the threatened Spanish dockers strike.
Tthe greatest opportunity for ship management in future – as well as its sternest challenge – will be handling the inevitable application of technology at every level of vessel and human performance.
The maritime industry has still has some way to go in digital innovation.
It’s tempting to see Maersk Line’s almost USD2.7 billion slide in profit from 2014-2016 as merely the result of external factors but that isn’t the case. Skou’s determination to invest in “more...
Shipping is a servant of trade, and so is the port sector. None of the British port operators are in a position to invest in their future until there is much greater clarity about what that trade...
It's time to focus more on the ever-present scourge of corruption afflicting the shipping industry.
Shipping is safer than it used to be, and the facts bear this out, despite what some Twitter uses may say.
Last year saw fewer oil tanker spillages at sea, with only 1 of the 20 largest spills occuring since 2002.
The maritime industry needs a better balance between fast and slow news of trade talks, vessel ordering, and pricing.
When accidents and incidents occur, the first questions are usually about seafarer fatigue, pressure, distractions, and even fitness for duty. All of these are important, but seafarers being...