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Mexico: U.S. and Canada to Sign USMCA Trade Deal

© donfink/ Adobe Stock

Canadian and U.S. government representatives will arrive in Mexico on Tuesday to sign the United States-Mexico-Canada Agreement (USMCA), Mexico's President Andres Manuel Lopez Obrador said.The three countries have come to an agreement over labor, steel and aluminum, he said at his regular daily news conference.

Golar Bullish on LNG Shipping

Pic: Golar LNG

Supported by low LNG prices, the LNG spot and short term market continues to represent an ever increasing share of global LNG trade, said Golar LNG, a liquefied natural gas shipping company registered in Bermuda."Continued strong growth in LNG production around the world and associated lower pricing

Fed Okays Rio Grande LNG Project

Pic: NextDecade Corporation

NextDecade Corporation announced that the Federal Energy Regulatory Commission (FERC) has issued an order authorizing the siting, construction and operation of its proposed Rio Grande LNG export facility in Brownsville, Texas.“Issuance of the FERC order marks an extremely important milestone for our project,

US Signs Highest LNG Export Contract

Graph: GlobalData

US signed highest volume of global long-term liquefied natural gas (LNG)  export contracts in 2019, accounting for around a 67% of global share. Abundant shale gas production in the US has enabled the country to export natural gas as LNG. to global markets.  According to GlobalData, the US

LNG Imports Jump in Poland

Image: PGNiG

Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has reported a jump in liquefied natural gas (LNG) imports for the first three quarters of the year.The volume of LNG imported in the nine months to September 30th 2019 was 27% higher than in the same period of 2018, amounting to 2.

US Eyes India for Quantum Leap in LPG Exports

Pic: World Energy Consultants, LLC

Trump administration trade tariffs on China will need to cease and India will have to rely more on U.S. LPG supplies for the world to clear the quantum leap expected for U.S. LPG exports, says a study.The study of global seaborne LPG trade flows using Kpler LPG cargo tracking data questions the global

Hamburg, India Sea Trade Up by 17%

Photo: © HHM / Dietmar Hasenpusch

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport.With Hapag Lloyd and its partner shipowners ONE,

CMA CGM Launches Trade Finance Service

CMA CGM Launches .jpg

French shipping line CMA CGM has launched Shipfin Trade Finance (STF) , its new range of financing services dedicated to importing and exporting, in partnership with invoice finance platform Incomlend.The STF portfolio of products is, according to the carrier, “simple, reliable and rapid,”

MSC Rejects Northern Sea Route

Pic: MSC Mediterranean Shipping Company

Mediterranean Shipping Company (MSC), the world’s second-biggest container shipping line, has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on improving environmental performance on existing global trade routes.In declaring the northern sea route out of bounds,

Georgia Mulls Maritime Single Window

Pic: International Maritime Organization (IMO)

The maritime single window enables all information required by public authorities in connection with the arrival, stay and departure of ships, people and cargo, to be submitted electronically via a single portal, without duplication.This system is recommended by IMO's Facilitation (FAL) Convention, to make cross border trade simpler.

West Coast Ports Urge Trump to Address Trade War

Pic:  Northwest Seaport Alliance

The six largest West Coast ports — Port of Long Beach, Port of Los Angeles, Port of Oakland, Port of Portland, Port of Seattle and Port of Tacoma — sent a letter to President Donald Trump to pursue fair and mutually beneficial trade agreements.The letter highlighted their concerns that the

Vitol, ENH Form LNG Trading JV

Image: Vitol

Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The Dutch energy and commodity trading company said in a press note that ENH Energy Trading will initially be owned 51% by ENH and 49% by Vitol.

Woodside in LNG Supply Deal with Uniper

Image: Woodside

Australian LNG producer Woodside signed a heads of agreement (HOA) with Uniper Global Commodities SE for a long-term (13 years) supply deal which would kick off in 2021.The quantity of LNG to be supplied will initially be up to 0.5 million tonnes per annum (Mtpa), increasing to approximately 1 Mtpa from 2025.

Freeport Ships First LNG Commissioning Cargo

Image: Freeport LNG

Texas-based LNG terminal operator Freeport LNG Development announced that it has shipped the first LNG commissioning cargo for Train 1 from its liquefaction facility located on Quintana Island in Freeport, Texas.Approximately 150,000 cubic meters of LNG were loaded aboard the LNG Jurojin, which departed

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