Jamaican bauxite could be shipped to Gramercy refinery under $60M deal
Ghana and Jamaica are negotiating a proposed $60M arrangement that would see Jamaican bauxite processed at a refinery in Louisiana, with the resulting alumina...
Oil tankers continue moving crude though Strait of Hormuz despite risks
Despite ongoing attacks in the Strait of Hormuz, oil tankers are continuing to move crude through the waterway, with some conducting ship-to-ship transfers and...
CF Industries begins construction of $4B blue ammonia project in Ascension Parish
CF Industries is set to begin construction this month on its $4 billion Blue Point blue ammonia export project in Ascension Parish after receiving...
AI data center owners are straining U.S. warehouse market
As the AI market rapidly expands, companies such as Meta Platforms and Google are leasing warehouses to store equipment needed for construction and operations,...
Decline in exports prompts 42 percent rise in trade deficit
Exports fell 3.2% to $317.7 billion in May, while imports rose 3.3% to $395.3 billion due to strong demand for electronics used in new...
U.S. hopes to renegotiate North American trade pact to align with current priorities
The U.S. has chosen to pursue negotiations for a revised North American trade pact with Mexico and Canada so that it aligns with current...
China’s rare earth dominance gives it influence over numerous supply chains
China’s dominance in rare earth processing and magnet manufacturing has given it significant influence over global supply chains for products ranging from electric vehicles...
Prologis makes $200 million bet on U.S. maritime & logistics revival
Prologis is betting big on a U.S. revival in the maritime and logistics markets through a recently created $200 million venture capital fund, The...
Louisiana’s ports are breaking down barriers to move as one, but issues remain
Shifting market dynamics, unresolved systemic issues and funding backlogs have forced the state’s five lower Mississippi River ports to abandon old paradigms and instead...
Oil market possibly headed for bigger price spikes
The shrinking oil supply caused by the disruption of shipments in the Strait of Hormuz raises the risk of broader price spikes in the...
