Blog

Red Sea attacks increase shipping times and freight rates
SaveSavedRemoved 0

Red Sea attacks increase shipping times and freight rates

00

After Yemen-based Houthi militia attacks on commercial ships transiting the Red Sea started in November 2023, some vessels began opting to avoid the Bab el-Mandeb chokepoint—a narrow strait that borders the Yemeni coast and is the southern entrance to the Red Sea. Instead, they're choosing to take longer, more costly ...

READ MORE +
U.S. coal exports account for larger share of a shrinking market
SaveSavedRemoved 0

U.S. coal exports account for larger share of a shrinking market

00

As domestic consumption of U.S. coal declines in the near term, we expect exports to account for a larger share of total U.S. coal consumption, according to our recently released Short-Term Energy Outlook (STEO). We expect U.S. coal consumption will total 482 million short tons (MMst) in 2024, 29% less than in 2019. ...

READ MORE +
EnergyCheap
Logo