U.S. Navy Secretary Carlos Del Toro violated a law limiting political activity by federal employees when he publicly advocated voting for President Joe Biden and criticized former President Donald Trump, the Office of Special Counsel said on Thursday.U.S.
US Navy Secretary Violated Law on Political Activity Read More »
The U.S. on Thursday imposed sanctions on two companies and two vessels linked to Russia’s Arctic LNG 2 project, Washington’s latest step to add costs on Moscow for its invasion of Ukraine.The Arctic 2 project, 60% owned by Russia’s Novatek…
US Slaps Sanctions on Vessels Linked to Russia’s Arctic LNG 2 Read More »
China is leading the necessary expansion in shipbuilding capacity, in order to cover the influx of new demand. In its latest weekly report, shipbroker Xclusiv said that “the Chinese shipbuilding industry is experiencing a significant expansion, driven …
Chinese Shipbuilding Industry in Rapid Expansion Read More »
This week’s special focus is on the growth of VLCC dirty tonne days from all origin countries to all destinations (left chart). In August, we observed a decreasing trend, reflecting a pattern similar to the previous year, when the market also experienc…
VLCC Dirty Tonne Days Growth for All Destinations and from the AG to China Read More »
“Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a key driver, supported by strong electricity demand and coal import mandates. During the rest of …
Coal shipments to India jump 10%, but growth could slow Read More »