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8 August 2026

New Providence Gas selects ECOnnect’s marine transfer solution for Bahamas LNG project

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Source reporting: Container News

New Providence Gas selects ECOnnect’s marine transfer solution for Bahamas LNG project

ECOnnect Energy has signed an agreement with New Providence Gas Ltd (NPG) for floating LNG infrastructure in The Bahamas. NPG is a joint venture between Shell Bahamas Power Company Inc and Sun Oil Holdings Ltd. Sun Oil operates as a subsidiary of FOCOL Holdings Ltd. Under the charter agreement, ECOnnect Energy will deploy its IQuay C-Class system. The solution will transfer LNG from a carrier to an onshore terminal without a fixed jetty.

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8 August 2026

Why is transit in goods free but trade is not?

In my previous two posts on the value of the WTO, I argued that when governments set trade policies independently, they focus on domestic effects but often overlook the costs imposed on trading partners. International trade agreements help governments take account of these cross-border spillovers (terms-of-trade externalities) by encouraging reciprocal negotiations over trade policy. While these negotiations will reduce trade protection, they will not necessarily lead to free trade. But if governments do not generally commit themselves to free trade, why has freedom of transit for goods been seen differently?

Source: World Trade OrganizationOriginal source

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