Seaborne coal imports into the EU fell further during 2025. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2025, global seaborne coal loadings declined by -2.8% y-o-y to 1,333.1 mln t (excluding cabotage), based on vessel …
Dry Bulk Shipping: EU Coal Imports Fell in 2025 Read More »
Recent developments in oil production and export flows from Venezuela have prompted closer market attention on alternative sources of heavy and discounted crude, including supplies associated with Iran, as Asian refiners reassess sourcing strategies. A…
Asia Adjusts to Shifts in Heavy Crude Availability Read More »
As the global shipping industry stares down the barrel of its decarbonisation gun, a propulsion technology that had fallen out of favour is making a return. According to a white paper released by DNV, nuclear propulsion is today no longer a “dist…
Shipping’s nuclear horizon Read More »
Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U.S…
Coastal Virginia Offshore Project Costs Increases to $11.5b Read More »
Panama’s Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Compa…
Panama Court Quashes CK Hutchison Port Contracts Read More »