South Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to be 2–3 million tonnes (Mt) lower through Q3 2026, compared to pre-crisis projections, as countries struggle to replace disrupted Qatari supplies, according to new analysis from Wood Mackenzie that considers a scenario of ...
Rates for shipping containers from Asia to the US were mostly higher this week, while the US government is considering waiving the Jones Act to help lower crude oil prices amid the US-Iran conflict, and the Federal Maritime Commission (FMC) is looking at surcharges on American shippers from carriers to make sure they do not ...
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When GNSS and AIS signals become unreliable in a high-tension region, the immediate priority is to retain safe navigational control of the vessel, write Steffen Grefsgård, CEO of SGM Technology, and Rob Gillette, Assured PNT (APNT) Director at NAL Technologies. The bridge team must quickly determine whether they are experiencing signal degradation, deliberate jamming or ...
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Fitch Ratings has increased its metals and mining assumptions, reflecting commodity-specific supply and demand drivers. The increased copper assumptions over the entire period reflect rising demand from electrification, including power grid reinforcement, and data centre construction. The market remains tightly balanced, with very low inventory levels; recent supply disruptions have also pushed prices higher. This ...
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Key LNG buyers in northeast Asia are in triage mode for LNG supplies – rolling out energy security contingency plans, asking the public to save power and drive less and using the heft of large buyers to secure prompt supplies that are filling the gaps, for now, from the QatarEnergy force majeure and effective shutdown ...
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Russia’s full-scale invasion of Ukraine reordered the European gas market as the continent deployed infrastructure and shuffled trade to abandon the flows that had been foundational to much of its economy. Four years later, market watchers widely see this pivot as a lasting rupture rather than a temporary shift, set to endure for the foreseeable ...