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The first cargo to be shipped from Mexico's Altamira Liquefied natural gas facility is for domestic consumption

Posted to Maritime Reporter on August 2, 2024

New Fortress Energy, a U.S.-based energy company, plans to ship the first LNG cargo to a Mexican port this month. The gas will be used to generate electricity. After long delays, the LNG plant located at Altamira off Mexico's Atlantic Coast…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…

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The first cargo to be shipped from Mexico's Altamira Liquefied natural gas facility is for domestic consumption

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

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