Netherlands remains top destination for US LNG in May despite lower European market share
The Netherlands remained the top destination for US LNG delivered in May, even as weakening European demand saw the region’s…
Russia’s Sibur to rise Ust-Luga LPG exports by 25% in June as it secures more vessels
Sibur Holding, Russia’s top liquefied petroleum gas producer and exporter, will boost LPG loadings from the Baltic port of Ust-Luga…
Rebound in US service sector may overstate the story
The May US ISM services index rose quite a bit more than expected to a nine month high of 53.8…
Fitch Lowers 2024 China New Home Sales Forecasts
Fitch Ratings expects China’s new home sales value to decline by 15%-20% to CNY8.3 trillion-8.8 trillion in 2024, reflecting a…
Fed to cut rates twice this year, starting Sept; but one or none still a risk
The U.S. Federal Reserve will cut its key interest rate in September and once more this year, according to a…
Tankerska Makes Leap Forward with Metis & Kongsberg Digital Collaboration
A collaboration between Metis, Kongsberg Digital, and Tankerska plovidba has significantly advanced the Croatian owner’s strategy of using real-time analytics…
Boxship’s Engine Controls Get Stuck on Full Ahead, Forcing Bridge Closure
On Wednesday, an MSC boxship lost control of its main engine and accelerated to 17 knots on the Cooper River…
Importers try to push cargo to contract rates as trans-Pac spot market surges
Amid soaring spot rates, importers are booking as much cargo as possible under the allotments in their freshly signed annual…
From AI to Impact: Capabilities powering Lighthouses’ 4IR adoption
When technologies reach a certain level of maturity, the next challenge is speed and scale. Factories and entire supply networks—not…
Navigating cargo preference is key to US energy buildout
Managing federal funding requires transparency, early coordination between logistics and finance, and early planning with MARAD in mind.