China Bags Oil E&P Contracts Off Mozambique
China’s footprint in the African energy sector continues to expand, with Mozambique last week approving oil exploration and production contracts…
American Landing Craft Go Aground in Gaza in Heavy Weather
On Saturday, a storm hit the U.S.-run aid pier off Gaza’s coast, breaking four Army landing craft loose from their…
U.S. Navy Bases are Ejecting Foreign Nationals 2-3 Times a Week
The U.S. Navy’s base security personnel are catching and evicting a steadily increasing number of foreign nationals – particularly Chinese…
Hurricane Forecast Points to a Dangerous 2024 Atlantic Season
The 2024 Atlantic hurricane season starts on June 1, and forecasters are predicting an exceptionally active season. If the National…
Japan factory output seen up, inflation complicates BOJ exit
Japanese factory output likely grew for a second straight month in April while retail sales picked up, a Reuters poll…
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Tankers: Oil Market Direction to Impact the Market Moving Forward
Tanker market participants will be closely watching OPEC’s upcoming meeting, in order to draw any conclusions for the future of…
Dry Bulk Market: Capesize Ends Week on Positive Note
Capesize The CapesizeTimecharter Average (C5TC) closed on a positive note on Friday before entering the last week of May, which…