British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal reported, on Tuesday, citing people familiar with the decision.Attacks on ships by the Houthis, who say they are acting in solidarity with Palestinians, have disrupted global commerce.
Analysts and commentators are quick to point out that fossil fuels will power maritime equipment, and indeed dominate the fueling marketplace, well into the future. However, they will do so alongside new fuels, and new technologies, that will be introduced to the maritime sector in the coming years.
Many problems in our “New World” can be solved more quickly than ever due to the speed at which information now travels. Gone are the countless long days of research, because often our questions can be answered instantaneously at a computer terminal or on a handheld mobile device. Traditional investment, research