Winter rally drives Australia east coast LNG to new high
Australia east coast projects set a new record export level. Outages seen in the country’s west coast projects on the…
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December 2020
Euronav buyback plan keeps rolling with buys in New York, Brussels
The company continues its efforts to return capital to shareholders
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Newbuilding Ordering Activity Picks Up Pace
Newbuilding orders have continued their strong pace as 2020-end closes in. In its latest weekly report, shipbroker Allied Shipbroking said that “it seems that we will have an interesting end to the year, as recently we are witnessing increased news of …
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Ocean transportation mode in 2021: Priority #1 will be to secure capacity, but customers should expect higher rates
In 2020, exporters and importers using ocean transportation fought a seemingly constant battle to secure the freight capacity they needed, only to get burnt when they did on the cost side. As we write this opinion piece, several carriers have stopped t…
‘Phase One’ agreement boosts exports and doubles volumes from last year
October has been the best performing month of 2020 in terms of US exports of the goods outlined in the ‘Phase One’ trade agreement between the US and China. Export values of these goods totalled USD 10.3 billion, breaking the previous high of USD 7.8b …
‘Phase One’ agreement boosts exports and doubles volumes from last year Read More »