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PACIFIC BASIN SHIPPING LTD
Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...- China is mapping the ocean floor as it prepares for submarine warfare with the U.S.China is undertaking a massive undersea mapping and monitoring mission across the Pacific, Indian, and Arctic oceans. This extensive operat...
- Weeks of Israel-Iran war are reshaping the global gas market for years to comeQatar's largest liquefied natural gas plant is shut after an Iranian drone attack. This disruption causes global energy strain. Emerging na...
- Why Washington's Whales Demand 1,000 Yards? The Surprising Science Behind Their Strict Distance RuleWashington State now requires boats to stay 1,000 yards from Southern Resident killer whales, a rule effective in early 2025. This expanded...
- How Satellites Are Revealing Secret Animal Migrations Across the PlanetTracking animals from space is now possible. Satellites monitor sea turtles, elephants, and whales. This technology helps understand animal...
- Global shipping industry sticks with green investments, despite carbon price delayGlobal shipping giants are investing billions in cleaner technologies. Despite a delay in a worldwide carbon price, companies are moving fo...
- What is a mega-tsunami? Scientists sound alarm for US Pacific coast — could it happen and how far inland would it reach?Mega-Tsunami Threat Cascadia Subduction Zone: The Cascadia Subduction Zone, stretching from Northern California to Vancouver Island, could ...
- Indian tycoon's Caravel charts new course with biggest stake in Pacific BasinHarry Banga's Caravel Group has become Pacific Basin Shipping's largest shareholder with over 13% stake, signaling confidence in dry bulk c...
- LNG traders divert four US cargoes from Europe to AsiaSeveral LNG cargoes initially destined for Europe have been redirected to Asia due to a shift in price dynamics. European prices have falle...
- Threatened by climate change, Panama Canal has big plans to deal with droughtThe Panama Canal Authority aims to create a massive dam 840 meters in length and 80.5 meters in height to secure freshwater for its locks. ...
- China's third aircraft carrier heads to sea for the first timeChina's third aircraft carrier, Fujian, showcases advanced technology with catapults for aircraft, aiming for a fleet of six carriers for o...
- Explainer: How could Red Sea attacks affect oil and gas shipping?QatarEnergy, the second-largest exporter of liquefied natural gas (LNG), has halted sending tankers via the Red Sea due to attacks by Yemen...
- Japan: Earthquakes death toll at least 55; thousands of buildings damagedDamage was so great that it could not immediately be assessed. Japanese media reports said tens of thousands of homes were destroyed.
- Saving the Panama Canal will take years and cost billions, if it’s even possibleThe canal’s travails reflect how climate change is altering global trade flows. Drought created chokepoints last year on the Mississippi Ri...
- Asian shares rise as US rate cut fever lingers, oil holds gainsAsian shares tracked Wall Street higher on Wednesday as U.S. rate cut fever lingered near the year's end, while oil held onto gains from th...
- Swan Energy to use Reliance Naval to foray into naval defence contracts, oil & gas and repairThree-year expansion plan includes becoming a hub for APAC orders, coast guard jetty, second dry dock. Plans to use the facility to bag int...
- India and USA conclude several landmark agreements in 2+2 Ministerial DialogueThe Ministers reaffirmed their commitment to strengthen joint and service-to-service interaction and cooperation.
- CIL in talks with Russian company for extraction, import of coking coalVostokCoal-Diskon is developing coal extraction facilities at the Taimyr coal basin of Taymyr Peninsula in central Siberia. It has been exp...
- Coal prices bounce back this year, but not for goodChina, the world's biggest coal producer, is restricting output to reduce a supply glut, lowering output by 280 million tonnes this year as...
- Shipping cos set sail on Chinese boosterRenewed signs of strength in the Baltic Dry Index (BDI) are drawing investors back to shipping counters once again.
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