LPG shipping freight rates are forecast to deteriorate further through 2016 as a result of the fast-rising fleet of Very Large Gas Carriers (VLGCs), which has already started to impact earnings of smaller vessel classes, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
On Sunday, Iranian and Chinese officials signed an agreement for large-scale Chinese investments and trade commitments for the Iranian petroleum industry.
On Dec. 12, 2015, at the United Nations' 21st Conference of the Parties (COP21) in Paris, negotiators from nearly 200 countries signed an ambitious agreement aimed at stemming global warming.
Last Thursday, the U.S. Senate passed the FY2017 Energy and Water Development Appropriations Bill by a wide margin of 90 to eight. It is the first appropriations legislation to pass the Senate this year, and it incorporates $6bn in funding for the Civil Works Program of the U.S. Army Corps of Engineers, the agency charged with maintenance and improvements to navigable waterways.
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
What would be the value to businesses and the economy if safer chemistry replaced conventional approaches? Is there a way to put a monetary value on the risks and opportunities?
A new method to analyze and define chemical risk will make it easier and less expensive to manage potential risks, according to researchers who have published their approach in the journal Risk Analysis.
LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new U.S. plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.
Walmart has announced a 95 percent reduction by weight of "high priority chemicals" from certain products sold in U.S. locations, according to its latest global responsibility report.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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