The Iran war is upending the global LNG outlook as soaring prices, damage to major supplier Qatar’s export infrastructure and potential delays to new supply raise doubts about previously expected demand from price-sensitive Asian buyers.Before the war…
Iran War Sends LNG Prices Soaring, Curbing Asia Demand Read More »
Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows.Brent futures LCOc1 rose $2.08, or 2.03%, to $104.30 a barrel by 0638 GMT, while U.S.
Oil Rises as Ceasefire Optimism Fades Read More »
A marine drone struck a Turkish crude oil tanker that had departed Russia, causing an explosion in the Black Sea near Istanbul’s Bosphorus strait on Thursday, Turkey’s transportation minister said.The incident, one of several in recent months…
Turkish Tanker Hit by Drone in Black Sea after Departing Russia Read More »
Following the deaths of hundreds on cattle on the livestock carrier Spiridon II last year, Animal Welfare Foundation reports that Turkish importers are taking legal action against the livestock dealer.The Spiridon II was stranded off the Turkish…
Legal Action Taken Following Spiridon II Livestock Deaths Read More »
CMA CGM is making Neoline’s wind-powered vessel Neoliner Origin directly accessible to its customers.The company says this low-carbon solution will strengthen its service offering between France and North America.Customers will now be able to…
CMA CGM Partners with Neoline Read More »