Energy News Beat Greater ChinaOperations Chinese government website Chinese government website China has broken the record for the world’s largest car carrier for the second time in under a month with the sailaway of the Anji Ansheng, a 9,500 ceu ship owned by SAIC Anji Logistics, a subsidiary of China’s giant car manufacturer SAIC. The […]
Energy News Beat SIPG Friday’s weekly publishing of spot rates from the Shanghai Shipping Exchange has given a stark picture of the frenzy building on the transpacific. Rates from China to the US west coast leapt 31% week-on-week, while rates to the east coast jumped 22% as shippers rush to make the most of a […]
Energy News Beat HMM The Digital Container Shipping Association (DCSA) has provided details of the world’s first successful standards-based, interoperable electronic bill of lading (eBL) transaction, something the organisation claims marks a “significant advancement toward secure, scalable, and truly paperless global trade”. Despite the availability of digital alternatives for years, eBL adoption has remained constrained […]
Energy News Beat European Navigation As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around €250m ($280m), according to a recent analysis by maritime data and compliance firm OceanScore. […]
Energy News Beat The scale of the training challenge is well-known and new approaches are emerging to meet it, writes Jennifer Harrison, vice president of ABS Training Solutions. Decarbonisation and digitalisation present a decades-long challenge to the shipping industry and there is a growing realisation that their impact will be felt most keenly by the […]
Energy News Beat But some metros hit all-time highs. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Quebec City, Winnipeg. By Wolf Richter for WOLF STREET. Demand in Canada’s spring selling season has sunk into a morass, with sales down 9.8% from the already beaten-down levels a year ago. Supply of homes on the market has […]
Energy News Beat Our Drunken Sailors may be in a crappy mood, but that doesn’t stop them. By Wolf Richter for WOLF STREET. The big thing – from a data-geek point of view – in today’s retail sales report by the Census Bureau was that the entire data series was rejiggered for several factors, including two massive changes […]
Energy News Beat I have been saying that the Texas ERCOT system is the best setup for the projected electric demand growth in the United States. The other two of the three groups in the U.S. grid don’t seem to have as good a grip on the growth. We have been saying that there is […]
Energy News Beat ENB Pub Note: This article, “Rogue communication devices found in Chinese solar inverters,” ran on Reuters on March 14th. We have been talking about equipment in the U.S. Grid that can be remotely controlled by rogue countries for years. The Biden Administration put back in over 490 major grid interconnects that the […]
Energy News Beat Oil prices decreased sharply following comments from President Trump indicating the U.S. is close to a nuclear deal with Iran. Iran’s officials have suggested they would consider abandoning uranium enrichment if the United States lifts economic sanctions. Recent reports of a U.S. crude oil inventory build further contributed to the downward pressure […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
