Already expensive global house prices to get modest boost from rate cuts
House prices in most key markets will rise modestly this year and next on expectations mortgage rates will fall further…
US trade deficit widens to two-year high on imports
The U.S. trade deficit widened to the highest level in more than two years in July as businesses likely front-loaded…
India’s GAIL issues swap tender for 3 LNG cargoes, sources say
GAIL (India) Ltd has issued a swap tender offering three liquefied natural gas (LNG) cargoes for loading in the United…
Taiwan buys estimated 101,700 T wheat of origin, traders say
The Taiwan Flour Millers’ Association purchased an estimated 101,700 metric tons of milling wheat to be sourced from the United…
Ukraine grain exports at 7.2 mln T so far in 2024/25, ministry says
Ukraine’s grain exports in the 2024/25 July-June season had jumped to 7.2 million metric tons as of Sept. 4 from…
US DOE grants LNG export permit for Altamira LNG, first since permitting ‘pause’
The US Department of Energy has issued a key LNG export permit for New Fortress’ Altamira LNG project offshore Mexico’s…
Philippines’ First Gen seeks LNG cargo for October delivery
Philippine power producer First Gen Corp has issued a tender seeking a cargo of liquefied natural gas (LNG) for its…
Houston’s new port chief plots terminal fluidity as key to container growth
New cranes on order will serve the larger ships that are coming with the expected 2025 completion of a multi-year…
Shipping banks provide cheaper loans to greener shipping companies, but not greener ships
A new study by UCL Energy Institute on the relationship between financing terms and climate performance of shipping companies reveals…
Ship Recycling Market Still in Limbo
The ship recycling markets have remained in limbo over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com),…