Pacific Basin Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the […]
No longer the cleanest dirty shirt. By Wolf Richter for WOLF STREET. The somewhat bedraggled US dollar lost more ground against the euro today. It now takes 1.16 USD to buy 1.00 EUR, putting the dollar at the […]
Uncategorized Latsco Shipping Latsco Shipping Greece’s Latsco Shipping is expanding its footprint in the containership sector with newbuildings in China. Shipbuilding sources in Greece have linked the Paris Kassidokostas-Latsis-led diversified owner, traditionally linked to tankers […]
AmericasOffshore Healthy Gulf Healthy Gulf Environmental groups have petitioned the US government to prevent energy companies that neglect old well sites from getting new offshore drilling rights. The petition was signed by the Centre for […]
Equinor Norwegian authorities have identified four additional areas suitable for offshore wind development. The government is currently conducting consultations on the findings before deciding which area it would proceed with. The country plans to open […]
Demand destruction on an epic scale, after the price explosion. And inventories are piling up.
Shipping stock prices surged in Asia today on the back of the fast-escalating geopolitical crisis in the Middle East, with Iranian politicians threatening to shut down the Strait of Hormuz after US airstrikes on key […]
Austin, Oakland, New Orleans, San Francisco, Washington D.C., Denver, Portland, Phoenix, Fort Worth, San Antonio.
Data source: U.S. Energy Information Administration analysis based on Vortexa tanker tracking Note: 1Q25=first quarter of 2025. figure data The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and […]
Here’s who dumped and who bought over the years through Q1.
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