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Finance

US Trade Representative
ENB Pub Note

HD Hyundai pitches port cranes to US Trade Representative

May 16, 2025 Stu Turley

ENB Pub Note: The following story from Splash24/7 makes a great point about replacing the Chinese cranes in our shipping yards with new equipment. This would be a great offset for trade imbalances and get […]

HMM
Finance

HMM celebrates landmark electronic bill of lading transaction

May 16, 2025 Mariel Alumit

The Digital Container Shipping Association (DCSA) has provided details of the world’s first successful standards-based, interoperable electronic bill of lading (eBL) transaction, something the organisation claims marks a “significant advancement toward secure, scalable, and truly […]

Canada
Finance

The Most Splendid Housing Bubbles in Canada, April 2025: Single-Family & Condo Prices Drop to Multi-Year Lows, Driven by Toronto

May 15, 2025 Stu Turley

But some metros hit all-time highs. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Quebec City, Winnipeg. By Wolf Richter for WOLF STREET. Demand in Canada’s spring selling season has sunk into a morass, with sales […]

Retail Sales
Finance

Beyond the Squiggles in Retail Sales

May 15, 2025 Stu Turley

Our Drunken Sailors may be in a crappy mood, but that doesn’t stop them. By Wolf Richter for WOLF STREET. The big thing – from a data-geek point of view – in today’s retail sales report by the […]

Coal

EU Sanctions & LNG Boom: What’s Next?

May 15, 2025 Andy Del Prado

Daily Standup Top Stories Aramco plans to join Woodside’s Louisiana LNG project May 14, 2025 Mariel Alumit ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 […]

Price
Finance

Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2025

May 14, 2025 Stu Turley

Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs. By Wolf Richter for WOLF STREET. Mortgage balances rose by $195 billion (+1.5%) in Q1 from Q4, and by $358 billion (+2.9%) year-over-year, […]

Exports

Aramco plans to join Woodside’s Louisiana LNG project

May 14, 2025 Mariel Alumit

ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 million tonnes per annum (Mtpa). The foundational phase, approved with a final investment decision in April […]

Earnings

Venture Global’s Q1 revenue jumps to $2.89 billion

May 14, 2025 Mariel Alumit

On Tuesday, the US LNG exporter said that its revenue rose 105 percent compared to the same quarter in 2024. Net income for the three months ended March 31, 2025, decreased 39 percent as compared […]

Finance

Woodside’s Louisiana LNG seeks FERC extension

May 14, 2025 Mariel Alumit

The Australian LNG player recently made a final investment decision to develop the three-train, 16.5 mtpa Louisiana LNG project, which it acquired from Tellurian last year. In October 2024, Woodside acquired Teelurian for about $1.2 billion. […]

Venture Global
Earnings

CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

May 14, 2025 Mariel Alumit

ENB Pub Note: I have included a summary of the earnings report for Venture Global. Investing in LNG is a good long-term play, and there are good long-term contracts that have been signed in the […]

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