The Port of Los Angeles managed less containers of imported goods in September, following the ongoing trade war between the US and China, as the US sanctions affected the port given that it is the busiest one for ocean trade with China, as Reuters reports.
Read moreDetailsAccording to Reuters, traders are beginning to look for booking vessels or shipping liquefied natural gas (LNG), as they expect that winter demand will increase prices for spot cargoes, which are trading near record lows.
Read moreDetailsThe International Energy Agency expects that China and the US will become world's biggest LNG exporters and importers in five years. The US will surpass Australia's and Qatar's LNG exports in 2024, Reuters reports.
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