RECENT NEWS
Wholesale inventories rise less than expected, signalling potential USD strength
In the latest economic release, wholesale inventories reported a modest increase, reflecting a nuanced shift in the economic landscape. The actual change in wholesale inventories came in at 0.5%, falling short of the anticipated forecast of 0.7%. This underperformance...
Wallenius Wilhelmsen Expanding Its Newbuilding Program to Strengthen Its Leading Position in The Deep-Sea RoRo Segment with New $300 Million Private Placement.
Wallenius Wilhelmsen ASA (“WAWI” or the “Company”, OSE ticker code: WAWI) has successfully completed a private placement of new shares in the Company (the “Offer Shares”), raising gross proceeds equivalent to USD 300 million. The transaction involved the allocation of...
India’s GSPC seeks JKM-linked LNG cargoes via tender for the first time.
India’s Gujarat State Petroleum Corp. has issued JKM-linked tenders for the first time to buy LNG cargoes for delivery into India from April 2027, according to a source with direct knowledge of the matter. This marks a departure from the fixed-price basis typically...
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