Global freight forwarder Expeditors International of Washington reported first-quarter earnings above Wall Street estimates on Tuesday, driven by companies pulling forward goods in anticipation of price hikes from President Donald Trump’s tariffs.”Whil…
Expeditors Beats Q1 Profit Estimates, Demand Driven by Tariff Anticipation Read More »
British maritime security firm Ambrey reported on Tuesday that the paramilitary Rapid Support Forces (RSF) had launched a drone attack on facilities at Port Sudan, targeting the container terminal and escalating a two-year-long conflict.Ambrey…
Ambrey: RSF Launched Drone Attack on Port Sudan’s Container Terminal Read More »
President Donald Trump’s import tariffs will ultimately result in higher electricity prices for U.S. consumers, wind turbine maker Vestas warned on Tuesday, adding it could not absorb the extra costs.Wind turbines include components and materials sourc…
Vestas: US Import tariffs Will Raise Domestic Electricity Prices Read More »
Reduced activity also tipping market balance against shipowners
Failed fixtures hit product tanker rates as tonnage list grows Read More »
Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, has won a new multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) for its LNG export terminal currently under development on …
20-year gas offtake deal lands on Commonwealth LNG’s booking sheet Read More »