U.S. LNG exports soar
Figures released yesterday by the U.S. Energy Information Administration (EIA) show that monthly U.S. liquefied natural gas (LNG) exports reached record highs in the first half of 2021, averaging 9.6 billion cubic
Figures released yesterday by the U.S. Energy Information Administration (EIA) show that monthly U.S. liquefied natural gas (LNG) exports reached record highs in the first half of 2021, averaging 9.6 billion cubic
In its latest weekly report, Oslo-headquartered Cleaves Securities, says it “still sees plenty of upside left” for dry bulk operator stocks. Noting that dry bulk shipping has skyrocketed since last October, the
Federal Maritime Commission Chairman Daniel B. Maffei has lost little time in responding to President Biden’s “all of government” executive order aimed at enhancing competition. Among the many targets of the order
New York City headquartered International Seaways Inc. (NYSE: INSW), already one of the world’s largest tanker operators, just got even larger. On Friday, it reported the completion of its previously announced merger
Should containership lines and ocean shipping alliances be getting hot and bothered by President Biden’s executive order aimed at increasing competition in U.S. economy? The only aspect of liner shipping specifically addressed
Containership leasing giant Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE:ATCO),, today reported that it has entered into long-term charters with Haifa, Israel , headquartered ZIM Integrated Shipping Services
Jones Act tanker and ATB operator Overseas Shipholding Group, Inc. (NYSE: OSG), said today that, “following receipt by the company of a non-binding indication of interest to acquire all of the issued
Continuing its buying binge, containership leasing giant Seaspan Corporation, a wholly owned subsidiary of Atlas Corp.(NYSE: ATCO), reports that it has entered into an agreement with a major shipyard for six 15,000
In a deal that puts together two Oslo, Norway, headquartered containership operators, MPC Container Ships ASA has agreed to acquire Arne Blystad led Songa Container AS for an aggregate purchase price of
Home improvement retail giant Home Depot Inc. has been hit so hard by shipping delays that it has chartered in its own containership, according to a CNBC report. “We have a ship