Industry coalition SEA-LNG has published its annual ‘View from the Bridge’ report, highlighting 2024 as another year of growth for the LNG pathway. Analysing data from SEA-LNG members, the report found that global market adoption and growth reached record heights in...
The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the School of Business, Economics and Law at the University of...
In one of the first instances of an oil tanker transporting Southeast Asia-bound crude through the Suez Canal following the Israel-Hamas ceasefire agreement, trade is gradually picking up, according to S&P Global Commodities at Sea(opens in a new tab) and market...
A massive winter storm stretched from Canada to Florida and South Texas Jan. 21, boosting power demand and prices into triple digits in several locations and cutting power to more than 45,000 Texas customers due to ice on power lines. The National Weather Service...
Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease through the second half of the year. “The oil outlook could see heightened, sustained geopolitical risks in...
Iron ore futures declined on Wednesday, weighed down by concerns that U.S. President Donald Trump could impose higher tariffs on Chinese imports. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended daytime trade 0.44% lower at...