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15 September 2026

Australia's Santos signs two separate LNG agreements with POSCO Steel and Western LNG

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Australia's Santos signs two separate LNG agreements with POSCO Steel and Western LNG

Australia's Santos said on ​Tuesday it had signed a liquefied natural ‌gas (LNG) supply agreement with POSCO Steel and a purchase agreement with Western LNG.

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Panama canal traffic to be cut again as drought from El Niño worsensTrade & Logistics

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Latest daily reductions will further choke one of the world’s most important shipping lanes The Panama canal plans to again cut maritime traffic due to worsening drought caused by the El Niño climate phenomenon, further choking up one of the world’s most important shipping lanes. The canal handles 5% of global maritime trade and about 40% of US container traffic; it is favoured by shippers because it usually reduces cost and transit times, especially for companies trading between China, Asia and the US.

Source: The Guardian WorldOriginal source