Container Shipping: What next for the smaller TEU fleet? (Part 2)
Smaller TEU vessels have struggled to find a logical home since the Panama Canal expansion as logistics companies are utilizing the neo-Panamax gauge for economies of scale.
Natural gas-fired generating capacity likely to increase over next two years
(Mon, 30 Jan 2017) The electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018, based on information reported to EIA. If these plants come online as planned, annual net additions in natural gas capacity would be at their highest levels since 2005.
EIAâs weekly natural gas storage data now include measures of sampling variability
(Fri, 27 Jan 2017) Starting with the release of data for the week ending January 20, 2017, EIAâs <em>Weekly Natural Gas Storage Report</em> (WNGSR) now provides information about the statistical properties of published estimates of weekly working natural gas levels and their net changes. The methodology for the storage data itself, however, is unchanged.
Strategic Petroleum Reserve sales expected to start this month
(Thu, 26 Jan 2017) Yesterday the U.S. Department of Energy's (DOE) Office of Fossil Energy awarded contracts for the first of several sales of crude oil from the Strategic Petroleum Reserve (SPR). A Continuing Resolution enacted in December 2016 included a provision for DOE to sell up to $375.4 million in crude oil from the SPR. This sale will be the first of several planned sales totaling nearly 190 million barrels during fiscal years 2017 through 2025.
Crude correlations about crude oil can shed light on changes
A high degree of correlation between various regional and global crude oil crude benchmarks can show how relationships have changed over the past year.
Global crude oil balances expected to tighten through 2018
(Wed, 25 Jan 2017) EIA estimates that crude oil and other liquids inventories grew by 2.0 million barrels per day (b/d) in the fourth quarter of 2016, driven by an increase in production and a significant, but seasonal, drop in consumption. Global production and consumption are both projected to increase through 2018, but consumption is expected to increase at a faster rate than production. As a result, global balances are expected to tighten.
Poking the dragon could scar the agriculture sector
By poking the sleeping Chinese dragon US President Donald Trump may wake something that could be difficult to deal with later at the negotiating table.
Trump trade policy: China speaks softly and carries a bigly stick
We consider commodity prices during President Barack Obama's tenure and will track how they change during President Donald Trump's time in office.
With low oil prices in 2016, federal revenues from energy on federal lands again declined
(Tue, 24 Jan 2017) In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American Indian lands, according to the Department of Interiorâs Office of Natural Resource Revenue. These activities include the production of coal, oil, natural gas, and hydrocarbon gas liquids (HGLs) as well as, more recently, renewables.
Can the abandoned smaller TEU vessels become the workhorse for the customer focused container market?
The world is becoming an ever smaller place and the ability to conduct business with the most competitive companies globally is paramount for survival. What next for the smaller TEU fleet?