The dry freight market in the third week of January continued to exhibit a persistent weakening trend in the Capesize segment. Concurrently, there was a notable surge in the number of ballasters in the Southeast Africa region as we approach the month&#…
With commitments made at the 2023 COP28 Climate Change Conference in Dubai to triple renewable energy production and the surging popularity of electric vehicles, the demand for minerals such as cobalt, copper, lithium, nickel, and rare earths has skyro…
High stakes of energy-related critical minerals Read More »
Yemen’s Houthi rebels on Friday stepped up attacks on vessels transiting the Red Sea, including a hit on a fuel tanker operated on behalf of trading firm Trafigura that sparked a fire.Trafigura said that the fuel tanker Marlin Luanda, which was operati…
Tanker Ablaze After Being Struck by Houthis in the Red Sea Read More »
U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week’s Arctic freeze.This…
Freeport LNG Unit Faces Month-long Outage Read More »
Crew reported safe as they work to contain blaze on UK-owned ship
Warships arrive to aid Trafigura-chartered tanker after Houthi strike sparks fire Read More »