Russian product tanker damaged in fresh sea drone attack
Second strike on Russian maritime assets in as many days in Black Sea
Russian product tanker damaged in fresh sea drone attack Read More »
August 2023
Saudi Arabia Crude Oil Exports Keep Rising in 2023
Saudi Arabia’s crude oil exports have maintained their upward momentum in 2023, albeit at a significant slower pace, as production has been reduced as part of OPEC’s oil price strategy. In its latest weekly report, shipbroker Banchero Costa said that “…
Saudi Arabia Crude Oil Exports Keep Rising in 2023 Read More »
AI and Big Data Analytics Reshape Demand Forecasting for Container Shipping
Fluctuating volumes, primitive tools, and unreliable commercial forecasts—the global container shipping industry faces several challenges in predicting demand. One way forward-looking logistics professionals are beginning to mitigate them is by using A…
AI and Big Data Analytics Reshape Demand Forecasting for Container Shipping Read More »
Coal trade to return to 2019 levels
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. After a tumultuous few years marked by the Covid-19 shock in 2020 and the turmoil caused by Russia’…
Coal trade to return to 2019 levels Read More »
Dominion Sees Virginia Offshore Wind Farm Complete in Late 2026
U.S. energy company Dominion Energy said on Friday that its roughly $10 billion Coastal Virginia Offshore Wind project was on budget and on track for completion in late 2026.The company said in its second quarter earnings presentation that it expected …
Dominion Sees Virginia Offshore Wind Farm Complete in Late 2026 Read More »