Wednesday

26-03-2025 Vol 19

Central Banks Adopt Cautious Approach Towards Interest Rate Reductions

Central banks in developed markets are increasingly adopting a cautious stance toward interest rate cuts amid rising uncertainties in global…

OPEC+ Unveils New Strategy for Oil Production Cuts to Address Overproduction Issues

OPEC+ has announced a new plan requiring seven member nations to implement additional oil output cuts in response to excess…

EU Aims to Cut Steel Imports by 15% to Strengthen Domestic Industry

The European Commission has announced a new action plan aimed at the steel and metals industries, targeting a significant reduction…

Future Fuel Availability in the Americas: Insights and Projections

North America is experiencing tight bunker fuel availability across all grades in Houston, with lead times extending beyond seven days…

New Shipowners Become Part of the Bluepool Panamax Pool Team

Castor Maritime and Sea Tribute Shipmanagement have recently joined the Bluepool Panamax dry bulk shipping pool, enhancing its fleet. Castor…

Wallenius Wilhelmsen’s 2024 Annual Report Reveals Yet Another Record-Breaking Year of Success

Wallenius Wilhelmsen has announced its 2024 annual report, showcasing another record-breaking year with all-time high financial results. The company’s performance…

March ITS Logistics Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio May Raise Dray and Rail Rates

ITS Logistics has released its forecast for the March US Port/Rail Ramp Freight Index, indicating strong import volumes at the…

Asia Distillates: Cash Differentials Fall to One-Month Low; Jet Fuel Refiners Offer Discounts

Asia’s middle distillates markets have faced a dry spell, with no physical cargo deals occurring in the trading window for…

EU Wheat Prices Decline Due to Black Sea Rivalry and Softening US Markets

European wheat prices experienced a decline on Friday, attributed to increased competition from the Black Sea region and a downturn…

Iron Ore Faces Weekly Decline Amid Concerns Over Future Chinese Demand

Iron ore futures experienced a decline on Friday, positioning themselves for a weekly loss amid growing apprehensions about demand prospects…