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For the first time in a decade, gas is more expensive in the US than in Europe
The marine terminal and deepwater port will have water depth of more than 50 ft, enabling offtake by 270,000 cu m Q-Max liquefied natural gas carriers
Global markets face ‘growing recessionary economic pressures’ and North American ports are expected to face ‘substantial volume stress’ for the rest of 2020
Given that the shipping tender was specifically tied to the Port Arthur project, it is not a surprise it has been put on hold
The latest guidance from the US on sanctions helpfully ‘freshens’ up existing recommendations and collates them in one place. But there is little new outlined
After Wilmington, Hyundai Hope will call at Charleston, South Carolina and Savannah, Georgia, two other east coast ports that have invested heavily to attract discretionary cargo now pouring through the Panama Canal
A product tanker that discharged gasoline in Venezuela last month remains flagged by Liberia and under UK-based protection and indemnity cover. Elsewhere, four Iranian-flagged tankers are heading to Venezuela laden with the light distillate
Sierra Leone is the newest registry favoured by ships tracked shipping Iranian crude and liquefied petroleum gas
Seven VLCCs have so far arrived and are at anchor in waters off Houston and New Orleans
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