Economists have been left flabbergasted by the opening months of Donald Trump’s return to power in the US, the international rulebook torn up, policies raining in and often being rescinded by the hour. Making a […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that global LNG freight rates rose again this week, with Spark30S (Atlantic) freight rates increasing by $6,250 to $25,750 per day. He said this is the […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 110 Bcf. This compares to 32 shipments and 122 Bcf in the week ending […]
Dubai shipping firm Gulf Navigation (GulfNav) has been given the go-ahead by its shareholders to acquire the assets held by crude storage provider Brooge Energy. The takeover plan, announced in October 2023, covers $125m in […]
In the latest maritime bombshell coming out of Washington DC, the Federal Maritime Commission, the country’s shipping regulator, has warned it might bar entry to ships from countries found to be causing choke points at […]
CK Hutchison’s share price plunged today in Hong Kong following Beijing’s public criticism of its plans to sell the majority of its ports division to BlackRock and Mediterranean Shipping Co (MSC) for $22.8bn, bringing into […]
U.S. propane exports have increased every year since 2007 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting […]
U.S. butane exports reached a new record in 2024 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly The United States is exporting record volumes of normal butane as global demand for liquefied petroleum gases (LPG) surges. U.S. normal butane exports […]
While there have been no attacks by the Houthis from Yemen on merchant shipping this year, shipowners are still giving the Red Sea a wide berth to the consternation of the Suez Canal Authority. Indeed, […]
Andrew Craig-Bennett provides readers with an overview of what tariffs mean for seaborne trades. A problem with trying to write about the possible effects of tariffs on the merchant shipping business is that the people […]
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