In the last two years, the private aviation industry has unprecedentedly spiked. Although a small percentage can afford the luxurious and hassle-free mode of traveling, more jets have taken to the skies, leading to concerns over the amount of pollutants being emitted into the atmosphere. Additionally, most US airports that handle private jets are funded by the […]
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The growth of the shadow tanker fleet, estimated at almost 600 vessels, is likely to pose safety and environmental concerns, Allianz Global Corporate & Specialty SE (AGCS) said in its Safety & Shipping Review 2023. The development of the shadow oil tanker fleet is the latest consequence to challenge shipowners, their crew and insurers more […]
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