The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment was chartered by Royal Dutch Shell (ticker: RDS) and originated form Cheniere Energy’s (ticker: LNG) Sabine Pass LNG facility in Gulf of Mexico. The cargo was purchased by China National Offshore Corp
Nine-Year, $5 Billion Expansion Project Complete The Panama Canal was opened in 1914, and for a century, shippers have realized a more efficient route to Asia. But during more than a century of use, ships have increased in size and capacity, but the shortcut between the Atlantic and Pacific has not, until this past weekend. Based on six years of
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