Energy News Beat [[{“value”:” Fuel shipments have hit an 11-month high driven by diesel and fuel oil, the outlet has said Russia’s refined fuel exports have surged to their highest level in nearly a year, even as the US imposed new sanctions on the country’s energy sector last week, Bloomberg reported on Thursday. Seaborne […]
Energy News Beat Yemeni Armed Forces The leader of Yemen’s Houthis, Abdul Malik al-Houthi, has said his group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached. The six-week phase one of the ceasefire agreement between Israel […]
Energy News Beat EuropeTech NOSA Norway is leading Europe when it comes to ways to keep track of merchant shipping passing near its shoreline. Canada’s Space Flight Laboratory (SFL) has recently launched and deployed Norway’s NorSat-4 maritime monitoring microsatellite. The seventh spacecraft developed for the Norwegian Space Agency (NOSA) by SFL, NorSat-4 carries a fifth-generation […]
Energy News Beat EuropeTech Wallenius Wilhelmsen Skagerak Capital has sold maritime software provider VesselMan to Marcura for an undisclosed sum. In partnership with Møkster and Grieg as co-investors, Skagerak Capital scaled VesselMan’s operations. VesselMan provides cloud-based platform for managing technical projects such as dry-dockings, inspections, and refits. Founded in 2001, Dubai-headquartered Marcura’s enterprise suite includes […]
Energy News Beat CSSC China’s commerce ministry on Friday dismissed a US investigation targeting China’s shipbuilding, maritime and logistics sectors, describing it as marked by “unilateralism and protectionism”. The US Trade Representative’s (USTR) office on Thursday said it has found China’s targeted dominance of the global shipbuilding, maritime and logistics sectors is “unreasonable” and is […]
Energy News Beat Screenshot Multinational trader Trafigura, in collaboration with CF Industries, the world’s largest producer of ammonia, has completed the world’s first co-loaded ammonia and propane shipment operation of its kind. In early January, the Green Power medium gas carrier (MGC) completed a single voyage from the US to Europe loaded with ammonia from […]
Energy News Beat Dry CargoEurope Greek dry bulk owner Diligent Holdings has sold its last handysize and now is focused on just the supramax sector. Medsea from Lebanon has paid $10m to take the 2007-built, 35,000 dwt Bliss bulk carrier (pictured) leaving Athens-based Diligent with a fleet solely made up of Japanese and Japanese-affiliated supramaxes. Diligent […]
Energy News Beat By Wolf Richter for WOLF STREET. Retail sales rose by 0.45% in December from November (+5.5% annualized), and November and October were revised higher – October from +0.46% to +0.56%, and November from +0.69% to +0.77% – and it’s on top of these upwardly revised sales that December sales grew by another 0.45%, all seasonally adjusted. […]
Energy News Beat The US President-elect’s advisers are reportedly considering easing restrictions on Russian energy depending on how Ukraine peace talks go Advisers to US President-elect Donald Trump are developing a strategy to push Russia-Ukraine peace talks which could involve easing sanctions on Moscow, Bloomberg reported on Thursday, citing sources familiar with Trump’s plans. Last week, incumbent […]
Energy News Beat Trump’s Treasury nominee Scott Bessent dismantled the Democrats’ talking points against fossil fuels, noting China was in an ‘energy race’ and winning. A confirmation hearing exchange between Sen. Ron Wyden (D-OR) and Treasury Secretary Nominee Scott Bessent is highlighting a sharp contrast between Democratic and Republican energy policy. [emphasis, links added] […]
