As Mexico continues to see HSFO output surge and exports hit record highs, the US Gulf Coast is poised to remain the primary recipient of cargoes for the foreseeable future, sources said. The most recent company data from Pemex – the Mexican state-owned energy...
Greece has imported no LNG in April for the first time in five years, as gas prices in the region have made LNG uneconomical. The country has imported anywhere between 34,000 mt and 336,000 mt of LNG per month in the past five years, according to S&P Global...
Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, provides an update on its Joint Development Agreement (“JDA”) with biofuel specialists, Vertoro BV (“Vertoro”). Quadrise has been collaborating with Vertoro since September 2022...
Market participants in the East Coast South America region maintained a slightly bearish tone for the Atlantic Panamax dry bulk market amid concerns on deteriorating fundamentals, citing an oversupply of ships despite a healthy cargo book extending through May. The...
The container volumes at the Port of Gothenburg continue to increase from last year’s record levels. During the first quarter of 2024, more containers were handled in the Port of Gothenburg than ever before in a single quarter. This is evident in the port’s recently...
Houthis resumed their attacks on shipping in Red Sea last week, firing missiles and drones. Since last November they have targeted more than 80 merchant ships. Leading maritime charity Stella Maris is warning of the growing dangers facing crew members running the...