“Spark30S (Atlantic) freight rates remained relatively steady this week, dropping by $1,000 to $48,750 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. In comparison, Spark25S (Pacific) rates continue to rise, increasing […]
China, the world’s largest importer of liquefied natural gas (LNG) and crude oil, is experiencing a sustained decline in LNG imports for the eighth consecutive month in June 2025. This trend, coupled with shifts in […]
Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling […]
The Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread […]
Daily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the […]
ENB Pub Note: The shipbuilding and buying of tankers to circumvent the Jones Act are critical to the United States’ Energy Dominance model, which the current administration is following. There is a combination of buying […]
Daily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate […]
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 […]
The U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus […]
The government of Australia has imposed targeted sanctions on 60 vessels linked to Russia’s so-called shadow fleet used to circumvent restrictions on oil and gas exports. This move marks the first time Australia has imposed […]
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