US May Become LNG Global Leader

By Kathryn Stone 2015-04-27 14:19:34 The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year putting itself on course to become one of the world’s largest LNG suppliers. According to US Energy Secretary Ernest Moniz, four LNG export terminals are currently…

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Truckers to Strike at Southern California Ports

By Reuters 2015-04-27 11:26:29 Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation’s busiest cargo hub. Delegations of drivers planned to notify the companies of…

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Food Scarce as Yemen’s Ship Traffic Delayed

By Reuters 2015-04-27 09:23:44 Yemen is facing mounting problems bringing in food by sea as the danger from fighting between Houthis and government supporters is exacerbated by an arms blockade by Saudi-led coalition navies searching ships for weapons destined for the rebels. The Arabian peninsula’s poorest country, Yemen imports more than 90 percent of its…

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Wilson in refinancing deal

Listed Norwegian shortsea bulk carrier operator Wilson has entered into a refinancing agreement worth EUR175 million (USD192 million) that includes EUR20 million to cover costs of new projects.
The agreement, which was signed with DNB and SR Bank, will replace an existing mortgage finance-based
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