Rates to ship liquefied natural gas will decline this year as new vessels join the fleet more quickly than global output of the fuel expands, according to Wells Fargo Securities LLC.
“We expect LNG carrier spot rates to ease slightly in 2013 (but generally stay at healthy levels), as the rapid rate upside following the Fukushima nuclear disaster continues to plateau, and as the global carrier fleet starts to grow in advance of a major liquefaction inflection point in 2015/2016,” Michael Webber, a New York-based analyst at the bank, said in an e- mailed report today.
– Isaac Arnsdorf, Copyright 2013 Bloomberg.
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Panama's President Jose Raul Mulino responded "be serious, be serious" on Wednesday when asked in Davos whether he was concerned the U.S. would invade after President Donald Trump said he would take back the Panama Canal.
WASHINGTON, Jan 21 (Reuters) – The Trump administration has fired U.S. Coast Guard Commandant Admiral Linda Lee Fagan, the first female uniformed leader of an Armed Forces branch, for putting diversity issues over border security,...
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