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LNG shipping rates and LNG commodity prices are currently low, but the future demand outlook for electricity – and natural gas – has been jumpstarted by artificial intelligence data centres
Laconia Bay, a ship-to-ship transfer hotspot for Russian crude off the Greek coast, is free from Russian oil-carrying ships for the first time in the past 18 months amid reports of a Greek naval exercise taking place
The recent drop in Mexican crude exports looks likely to be brief, but a new refinery will dampen exports more consistently. In Canada, crude from the TMX pipeline should start loading on aframaxes in mid-May
Latest purchases brings investment in dry bulk tonnage to $127m in past year
The US has sanctioned 25 tankers and four LPG carriers year to date owing to Iran links. These measures have thus far not had a major impact on exports of crude and condensates, according to preliminary figures from tanker trackers at UANI, but the effect could become more pronounced the coming months