Energy News Beat Daily Standup Top Stories Green Swindle Loses Again: EV Automaker Runs Out Of Juice February 25, 2025 Stu Turley Nikola, a hydrogen-electric semi-truck maker, filed Chapter 11 after a spectacular market collapse. With news of another green company going under, the green industry would never have fully developed if the federal government had […]
Energy News Beat Dry Cargo Tsuneishi The global bulker fleet is facing a significant slowdown, driven by a combination of factors that are not only causing a decline in average speeds, but also setting the stage for the emergence of what analysts at Veson Nautical believes is a two-tier market. The impact of an ageing […]
Energy News Beat The creation by five major broking houses this month of Ocean Recap has got the industry talking about how the business of fixing is changing, discussion of which forms the lead in the February issue of Splash Extra. Five of the world’s leading shipbroking firms—Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and […]
Energy News Beat MSC In what it describes as a “surprise move”, Alphaliner is reporting Mediterranean Shipping Co (MSC), the world’s largest containerline, has decided to shift all of its 19,200 to 24,300 teu megamax vessels, currently trading between the Asia and North Europe, to the Asia – Med and Asia – West Africa trades. […]
Energy News Beat Bunker buying is “broken”, according to James Peacock, the founder of XMAR, whose company, founded last year in Cyprus, has set out to give shipping a retail model for bunkers similar to how Amazon transformed online shopping. “Bunker buying is behind the rest of the industry, negotiations on WhatsApp, no clear price […]
Energy News Beat No deep dive into any industry or sector should start with a downer. However, there are no two ways about it – the LNG shipping sector has been in freefall of late and nothing earth-shattering has happened in the first two months of this year to convince people that it will improve […]
Energy News Beat Cautious is the watchword to sum up the sale and purchase scene in February. With the US contemplating taxing Chinese-built tonnage, there is a clear sentiment to pick out Japanese-built ships all of a sudden. “As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we […]
Energy News Beat This would be like a reverse Operation Twist. By Wolf Richter for WOLF STREET. Dallas Fed president Lorie Logan – a leading voice on the nuts and bolts of the Fed’s balance sheet due to her prior job as head of the New York Fed’s System Open Market Account (SOMA) which handles the Fed’s securities […]
Energy News Beat Global demand for liquefied natural gas (LNG) is forecast to rise by around 60 percent by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport as well as the impact of artificial intelligence, according to Shell’s LNG Outlook 2025. Industry forecasts now expect LNG demand to reach […]
Energy News Beat Sempra announced this in its 2024 results report on Tuesday. The firm said the Port Arthur LNG Phase 2 development project is receiving “strong” commercial interest. “Sempra Infrastructure continues to hold substantial, active discussions with world-class companies for participation in the Phase 2 project, which is already anchored by a non-binding HOA […]
